DT Midstream (DTM) EV to FCF (2021 - 2026)
DT Midstream's EV to FCF was 31.12 in Q2 2026, up 29.1% from 24.11 a year earlier and up 5.9% from the prior quarter.
DT Midstream (DTM) EV to FCF (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, DT Midstream's EV to FCF was 30.50 through Jun 30, 2026, up 29.1% year-over-year; for FY2025, it was 27.79, up 13.1% from FY2024.
- In earlier years, EV to FCF was 24.57 in FY2024 (-88.2%), 207.65 in FY2023, 14.04 in FY2022 (+30.2%) and 10.78 in FY2021.
- The Q2 2026 figure marks the highest quarterly EV to FCF since Q1 2024.
- Compared with a year earlier, EV to FCF has increased for four straight quarters, with an average decline of 5.2% over the last seven quarters.
- The best year-over-year quarter for EV to FCF over five years was Q1 2023 (growth of 154.8%); the worst was Q4 2024 (a decline of 88.2%).
- Per Business Quant data, DTM's EV to FCF in the three quarters before Q2 2026 was 29.40 (Q1 2026), 27.79 (Q4 2025) and 24.40 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn |
| 10 | DT Midstream | 12.19 Bn | 11.86 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.12 |
| Mar 31, 2026 | 29.40 |
| Dec 31, 2025 | 27.79 |
| Sep 30, 2025 | 24.40 |
| Jun 30, 2025 | 24.11 |
| Mar 31, 2025 | 22.10 |
| Dec 31, 2024 | 24.57 |
| Sep 30, 2024 | 20.01 |
| Jun 30, 2024 | 24.44 |
| Mar 31, 2024 | 39.43 |
| Dec 31, 2023 | 207.65 |
| Jun 30, 2023 | 158.11 |
| Mar 31, 2023 | 25.56 |
| Dec 31, 2022 | 14.04 |
| Sep 30, 2022 | 10.35 |
| Jun 30, 2022 | 9.31 |
| Mar 31, 2022 | 10.03 |
| Dec 31, 2021 | 10.78 |
| Sep 30, 2021 | 10.38 |
DT Midstream EV to FCF 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-fcf&ticker=DTM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=DTM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();