DT Midstream (DTM) EBITDA Margin (2020 - 2026)

DT Midstream's (DTM) quarterly EBITDA Margin came in at 49.4% in Q1 2026, up 56.0% year-on-year from 31.67% in Q1 2025, and little changed quarter-over-quarter from 49.21% in Q4 2025.

DT Midstream (DTM) EBITDA Margin (2020 - 2026) Analysis & Trends

DT Midstream has disclosed EBITDA Margin across 7 years of filings, most recently posting 49.4% for Q1 2026.

  • EBITDA Margin for Q1 2026 came in at 49.4%, up 56.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 49.53% (up 39.0% YoY), and the FY2025 annual result was 49.4%, down 45.0% from the prior year.
  • EBITDA Margin came in at 49.4% for Q1 2026 at DT Midstream, roughly flat 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.
  • The 5-year median for EBITDA Margin is 49.4% (2026), against an average of 50.52%.
  • Across the five-year window, EBITDA Margin surged 1901 bps in 2022 and plunged 812 bps in 2023, its largest moves.
  • DT Midstream's EBITDA Margin stood at 47.74% in 2022, then climbed by 3 bps to 49.18% in 2023, then fell by 8 bps to 45.38% in 2024, then rose by 8 bps to 49.21% in 2025, then climbed by 0 bps to 49.4% in 2026.
  • The last three EBITDA Margin figures came in at 49.4% (Q1 2026), 49.21% (Q4 2025), and 49.36% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 14.43%
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 13.17%
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 29.91%
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 10.74%
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 50.33%
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 28.57%
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 14.85%
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 68.07%
10 DT Midstream 13.69 Bn 13.77 Bn 251.00 Mn 49.40%

Historic Data

Download Data
DateValue
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%