DT Midstream (DTM) EBT Margin (2020 - 2026)
DT Midstream's EBT Margin was 49.27% in Q2 2026, up 2.35 percentage points from 46.93% a year earlier but down 1.32 percentage points from the prior quarter.
DT Midstream (DTM) EBT Margin (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, DT Midstream's EBT Margin was 49.31% through Jun 30, 2026, up 1.43 percentage points year-over-year; for FY2025, it came in at 48.11%, down 3.27 percentage points from FY2024.
- EBT Margin shows a five-year change of -10.25 percentage points (FY2020 to FY2025).
- In earlier years, EBT Margin was 51.38% in FY2024 (-2.85 pp), 54.23% in FY2023 (+1.84 pp), 52.39% in FY2022 (+2.15 pp) and 50.24% in FY2021 (-8.12 pp).
- Quarterly EBT Margin has moved between 46.93% (Q2 2025) and 55.95% (Q2 2022) over five years.
- Compared with a year earlier, EBT Margin has increased for three straight quarters, with an average year-over-year change of -2.23 percentage points over the last eight quarters.
- The best year-over-year quarter for EBT Margin over five years was Q2 2022 (a gain of 11.72 percentage points); the worst was Q3 2021 (a drop of 20.94 percentage points).
- Per Business Quant data, DTM's EBT Margin in the three quarters before Q2 2026 was 50.60% (Q1 2026), 48.58% (Q4 2025) and 48.73% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn | 6.86% |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - | 10.22% |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn | 7.93% |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn | 26.04% |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn | 36.72% |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn | 22.63% |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn | 32.88% |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn | 69.92% |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn | 10.51% |
| 10 | DT Midstream | 12.19 Bn | 11.86 Bn | - | 49.27% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 49.27% |
| Mar 31, 2026 | 50.60% |
| Dec 31, 2025 | 48.58% |
| Sep 30, 2025 | 48.73% |
| Jun 30, 2025 | 46.93% |
| Mar 31, 2025 | 48.18% |
| Dec 31, 2024 | 47.79% |
| Sep 30, 2024 | 48.79% |
| Jun 30, 2024 | 54.51% |
| Mar 31, 2024 | 54.58% |
| Dec 31, 2023 | 51.64% |
| Sep 30, 2023 | 54.27% |
| Jun 30, 2023 | 55.36% |
| Mar 31, 2023 | 55.91% |
| Dec 31, 2022 | 50.62% |
| Sep 30, 2022 | 52.34% |
| Jun 30, 2022 | 55.95% |
| Mar 31, 2022 | 50.70% |
| Dec 31, 2021 | 51.12% |
| Sep 30, 2021 | 50.00% |
DT Midstream EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=DTM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "DTM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=DTM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();