DT Midstream (DTM) EBITDA Margin (2020 - 2026)
DT Midstream (DTM) reported EBITDA Margin of 49.4% for Q1 2026, up 56.0% year-over-year 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's EBITDA Margin history runs 7 years deep, the most recent figure standing at 49.4% for Q1 2026.
- Quarterly EBITDA Margin rose 56.0% year-over-year to 49.4% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 49.53% (up 39.0% YoY) and the FY2025 annual result came in at 49.4%, down 45.0% from the prior year.
- EBITDA Margin was 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.
- Median EBITDA Margin over the past 5 years was 49.4% (2026), compared with a mean of 50.52%.
- Across the five-year window, EBITDA Margin jumped 1901 bps in 2022 and tumbled 812 bps in 2023, its largest moves.
- Over 5 years, EBITDA Margin 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 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 14.43% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 29.91% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 13.17% |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 10.74% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 28.57% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 50.33% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 14.85% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 14.83% |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 30.44% |
| 10 | DT Midstream | - | - | 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% |