DT Midstream (DTM) FCF Margin (2020 - 2026)

DT Midstream (DTM) reported FCF Margin of 60.12% for Q1 2026, down 556.0% on a YoY basis from 13.18% in Q1 2025, and up 535.26% sequentially from 9.46% in Q4 2025.

DT Midstream (DTM) FCF Margin (2020 - 2026) Analysis & Trends

DT Midstream (DTM) has 7 years of FCF Margin data on file, last reported at 60.12% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin fell 556.0% year-over-year to 60.12%; the trailing twelve-month figure through Mar 2026 stood at 34.8% (down 3580.0% YoY), and the FY2025 full-year result was 35.48%, down 3781.0% from the prior year.
  • FCF Margin advanced to 60.12% in Q1 2026, from 9.46% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 135.89% in Q3 2024 to a low of 21.43% in Q2 2023.
  • A 5-year average of 40.04% and a median of 32.77% in 2022 frame the typical range for FCF Margin.
  • Across the five-year window, FCF Margin jumped 12563 bps in 2024 and tumbled 9417 bps in 2025, its largest moves.
  • Tracing DTM's FCF Margin over 5 years: stood at 5.76% in 2022, then jumped by 342 bps to 13.93% in 2023, then soared by 347 bps to 62.25% in 2024, then plunged by 85 bps to 9.46% in 2025, then surged by 535 bps to 60.12% in 2026.
  • Business Quant data shows DTM's FCF Margin at 60.12% in Q1 2026, 9.46% in Q4 2025, and 41.72% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 53.09%
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 15.79%
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 21.84%
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn -0.43%
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 3.38%
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 97.53%
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 5.26%
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn -3.91%
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 0.73%
10 DT Midstream 14.88 Bn 14.87 Bn 251.00 Mn 60.12%

Historic Data

Download Data
DateValue
Mar 31, 2026 60.12%
Dec 31, 2025 9.46%
Sep 30, 2025 41.72%
Jun 30, 2025 26.21%
Mar 31, 2025 65.68%
Dec 31, 2024 62.25%
Sep 30, 2024 135.89%
Jun 30, 2024 18.85%
Mar 31, 2024 75.42%
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 32.77%
Jun 30, 2022 48.46%
Mar 31, 2022 99.53%
Dec 31, 2021 52.91%
Sep 30, 2021 61.79%
Jun 30, 2021 78.37%