DT Midstream (DTM) EBITDA Margin (2020 - 2026)
DT Midstream (DTM) reported EBITDA Margin of 49.4% for Q1 2026, up 56.0% on a YoY basis from 31.67% in Q1 2025, and little changed sequentially from 49.21% in Q4 2025.
DT Midstream (DTM) EBITDA Margin (2020 - 2026) Analysis & Trends
DT Midstream (DTM) has 7 years of EBITDA Margin data on file, last reported at 49.4% in Q1 2026.
- For the quarter ending Q1 2026, EBITDA Margin rose 56.0% year-over-year to 49.4%; the trailing twelve-month figure through Mar 2026 stood at 49.53% (up 39.0% YoY), and the FY2025 full-year result was 49.4%, down 45.0% from the prior year.
- EBITDA Margin was little changed at 49.4% in Q1 2026, from 49.21% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 60.35% in Q2 2022 to a low of 45.38% in Q4 2024.
- A 5-year average of 50.52% and a median of 49.4% in 2026 frame the typical range for EBITDA Margin.
- Across the five-year window, EBITDA Margin surged 1901 bps in 2022 and slumped 812 bps in 2023, its largest moves.
- Tracing DTM's EBITDA Margin over 5 years: stood at 47.74% in 2022, then advanced by 3 bps to 49.18% in 2023, then declined by 8 bps to 45.38% in 2024, then increased by 8 bps to 49.21% in 2025, then advanced by 0 bps to 49.4% in 2026.
- Business Quant data shows DTM's EBITDA Margin at 49.4% in Q1 2026, 49.21% in Q4 2025, and 49.36% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 71.56% |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 79.97% |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 30.06% |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 14.43% |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 13.17% |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 0.10% |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 10.74% |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 20.68% |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 14.85% |
| 10 | DT Midstream | 14.88 Bn | 14.87 Bn | 251.00 Mn | 49.40% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 49.40% |
| Dec 31, 2025 | 49.21% |
| Sep 30, 2025 | 49.36% |
| Jun 30, 2025 | 50.16% |
| Mar 31, 2025 | 48.84% |
| Dec 31, 2024 | 45.38% |
| Sep 30, 2024 | 49.19% |
| Jun 30, 2024 | 53.28% |
| Mar 31, 2024 | 51.67% |
| Dec 31, 2023 | 49.18% |
| Sep 30, 2023 | 52.99% |
| Jun 30, 2023 | 52.23% |
| Mar 31, 2023 | 50.00% |
| Dec 31, 2022 | 47.74% |
| Sep 30, 2022 | 51.49% |
| Jun 30, 2022 | 60.35% |
| Mar 31, 2022 | 48.37% |
| Dec 31, 2021 | 49.33% |
| Sep 30, 2021 | 50.00% |
| Jun 30, 2021 | 41.35% |