DT Midstream (DTM) FCF Margin (2020 - 2026)
DT Midstream (DTM) reported FCF Margin of 69.94% for Q1 2026, up 426.0% year-over-year from 13.3% in Q1 2025, and up 639.04% sequentially from 9.46% in Q4 2025.
DT Midstream (DTM) FCF Margin (2020 - 2026) Analysis & Trends
DT Midstream's FCF Margin history runs 7 years deep, the most recent figure standing at 69.94% for Q1 2026.
- Quarterly FCF Margin rose 426.0% year-over-year to 69.94% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 37.38% (down 754.0% YoY) and the FY2025 annual result came in at 35.48%, down 662.0% from the prior year.
- FCF Margin was 69.94% for Q1 2026 at DT Midstream, up from 9.46% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 99.53% in Q1 2022 to a low of 21.43% in Q2 2023.
- Median FCF Margin over the past 5 years was 17.87% (2022), compared with a mean of 33.46%.
- Across the five-year window, FCF Margin plunged 9226 bps in 2023 and soared 10954 bps in 2024, its largest moves.
- Over 5 years, FCF Margin stood at 5.76% in 2022, then jumped by 342 bps to 13.93% in 2023, then soared by 79 bps to 24.9% in 2024, then tumbled by 62 bps to 9.46% in 2025, then jumped by 639 bps to 69.94% in 2026.
- Business Quant data shows DTM's FCF Margin at 69.94% in Q1 2026, 9.46% in Q4 2025, and 14.97% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | -0.43% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 28.13% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 3.38% |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 5.26% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | -3.91% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 25.41% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 0.73% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 24.42% |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | -52.58% |
| 10 | DT Midstream | - | - | 251.00 Mn | 69.94% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 69.94% |
| Dec 31, 2025 | 9.46% |
| Sep 30, 2025 | 14.97% |
| Jun 30, 2025 | 53.40% |
| Mar 31, 2025 | 65.68% |
| Dec 31, 2024 | 24.90% |
| Sep 30, 2024 | -2.82% |
| Jun 30, 2024 | 88.11% |
| Mar 31, 2024 | 59.58% |
| Dec 31, 2023 | 13.93% |
| Sep 30, 2023 | 10.26% |
| Jun 30, 2023 | -21.43% |
| Mar 31, 2023 | 7.27% |
| Dec 31, 2022 | -5.76% |
| Sep 30, 2022 | 17.87% |
| Jun 30, 2022 | 63.88% |
| Mar 31, 2022 | 99.53% |
| Dec 31, 2021 | 28.70% |
| Sep 30, 2021 | 47.17% |
| Jun 30, 2021 | 56.73% |