DT Midstream (DTM) EBITDA Margin (2020 - 2026)
DT Midstream's (DTM) quarterly EBITDA Margin came in at 50.44% in Q2 2026, up 28.0% year-over-year from 39.4% in Q2 2025, and up 2.09% quarter-over-quarter from 49.4% in Q1 2026.
Analysis
DT Midstream (DTM) EBITDA Margin (2020 - 2026) Analysis & Trends
DT Midstream has disclosed EBITDA Margin across 7 years of filings, most recently posting 50.44% for Q2 2026.
- In Q2 2026, EBITDA Margin rose 28.0% year-over-year to 50.44%; the TTM figure through Jun 2026 stood at 49.62% (up 111.0% YoY), while the FY2025 annual figure was 49.4%, down 45.0% from the prior year.
- EBITDA Margin came in at 50.44% for Q2 2026 at DT Midstream, up from 49.4% 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.
- Average EBITDA Margin over 5 years is 50.52%, with a median of 49.7% recorded in 2026.
- Year-over-year, EBITDA Margin soared 1901 bps in 2022 and tumbled 812 bps in 2023.
- Over 5 years, 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 gained by 2 bps to 50.44% in 2026.
- Per Business Quant data, the three most recent EBITDA Margin figures were 50.44% in Q2 2026, 49.4% in Q1 2026, and 49.21% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 30.06% |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 12.31% |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 10.41% |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 58.43% |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 35.71% |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 51.27% |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 13.22% |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 9.93% |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 37.45% |
| 10 | DT Midstream | 13.20 Bn | 13.17 Bn | 253.00 Mn | 50.44% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 50.44% |
| 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% |