DT Midstream (DTM) FCF Margin (2020 - 2026)
DT Midstream's (DTM) quarterly FCF Margin came in at 69.94% in Q1 2026, up 426.0% year-on-year from 13.3% in Q1 2025, and up 639.04% quarter-over-quarter from 9.46% in Q4 2025.
DT Midstream (DTM) FCF Margin (2020 - 2026) Analysis & Trends
DT Midstream has disclosed FCF Margin across 7 years of filings, most recently posting 69.94% for Q1 2026.
- FCF Margin for Q1 2026 came in at 69.94%, up 426.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 37.38% (down 754.0% YoY), and the FY2025 annual result was 35.48%, down 662.0% from the prior year.
- FCF Margin came in at 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.
- The 5-year median for FCF Margin is 17.87% (2022), against an average of 33.46%.
- Across the five-year window, FCF Margin sank 9226 bps in 2023 and jumped 10954 bps in 2024, its largest moves.
- DT Midstream's FCF Margin stood at 5.76% in 2022, then surged by 342 bps to 13.93% in 2023, then jumped by 79 bps to 24.9% in 2024, then plunged by 62 bps to 9.46% in 2025, then surged by 639 bps to 69.94% in 2026.
- The last three FCF Margin figures came in at 69.94% (Q1 2026), 9.46% (Q4 2025), and 14.97% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | -0.43% |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 3.38% |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 28.13% |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 5.26% |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 25.41% |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | -3.91% |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 0.73% |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 13.15% |
| 10 | DT Midstream | 13.69 Bn | 13.77 Bn | 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% |