DT Midstream (DTM) EV to EBITDA (2021 - 2026)
DT Midstream's (DTM) EV to EBITDA was 16.26 for Q2 2026, up 11.4% from 14.59 a year earlier and up 6.1% from the prior quarter.
DT Midstream (DTM) EV to EBITDA (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, DT Midstream's EV to EBITDA came in at 15.93, up 11.4% year-over-year; for FY2025, it came in at 14.06, down 3.3% from FY2024.
- By year, EV to EBITDA came in at 14.54 in FY2024 (+75.8%), 8.27 in FY2023 (-1.4%), 8.38 in FY2022 (+2.2%) and 8.20 in FY2021.
- The Q2 2026 figure ranks as the highest quarterly EV to EBITDA in data going back to Q3 2021.
- Year over year, EV to EBITDA gained in seven of the last eight quarters, with growth averaging 32.2%.
- The high point for year-over-year EV to EBITDA in five years was Q4 2024 (growth of 75.8%); the low point was Q1 2023 (a decline of 17.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 15.32 (Q1 2026), 14.06 (Q4 2025) and 14.16 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn |
| 10 | DT Midstream | 12.44 Bn | 12.11 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.26 |
| Mar 31, 2026 | 15.32 |
| Dec 31, 2025 | 14.06 |
| Sep 30, 2025 | 14.16 |
| Jun 30, 2025 | 14.59 |
| Mar 31, 2025 | 13.41 |
| Dec 31, 2024 | 14.54 |
| Sep 30, 2024 | 10.99 |
| Jun 30, 2024 | 10.01 |
| Mar 31, 2024 | 8.95 |
| Dec 31, 2023 | 8.27 |
| Sep 30, 2023 | 8.14 |
| Jun 30, 2023 | 7.69 |
| Mar 31, 2023 | 7.37 |
| Dec 31, 2022 | 8.38 |
| Sep 30, 2022 | 7.52 |
| Jun 30, 2022 | 7.27 |
| Mar 31, 2022 | 8.93 |
| Dec 31, 2021 | 8.20 |
| Sep 30, 2021 | 8.16 |
DT Midstream EV to EBITDA 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=ev-to-ebitda&ticker=DTM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=DTM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();