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

DT Midstream (DTM) posted FCF Margin of 34.11% for Q2 2026, down 43.26% sequentially from 60.12% in Q1 2026, and up 45.0% YoY from 23.52% in Q2 2025.

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

DT Midstream has reported FCF Margin for 7 years, with the latest figure at 34.11% in Q2 2026.

Quarterly FCF Margin rose 45.0% year-over-year to 34.11% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 36.64% (down 538.0% YoY) and the FY2025 annual result came in at 35.48%, down 662.0% from the prior year.
FCF Margin retreated to 34.11% in Q2 2026 per DTM's latest filing, from 60.12% in the prior quarter.
Over five years, FCF Margin peaked at 99.53% in Q1 2022 and troughed at 21.43% in Q2 2023.
A 5-year average of 32.84% and a median of 33.88% in 2025 frame the typical range for FCF Margin.
The sharpest annual moves came in 2023 and 2024: FCF Margin sank 9226 bps in 2023, then jumped 5585 bps in 2024.
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 plunged by 62 bps to 9.46% in 2025, then soared by 260 bps to 34.11% in 2026.
According to Business Quant data, FCF Margin over the past three periods registered 34.11%, 60.12%, and 9.46% for Q2 2026, Q1 2026, and Q4 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	FCF Margin (Qtr)
1	Kinder Morgan	112.69 Bn	112.57 Bn	3.07 Bn	21.84%
2	Enbridge	110.90 Bn	109.41 Bn	5.23 Bn	3.87%
3	Enterprise Products Partners	83.47 Bn	82.57 Bn	-	11.07%
4	Energy Transfer	72.69 Bn	71.66 Bn	7.40 Bn	7.88%
5	Tc Energy	65.95 Bn	58.39 Bn	1.24 Bn	146.27%
6	Oneok	60.15 Bn	59.99 Bn	2.81 Bn	11.95%
7	Mplx	59.97 Bn	58.94 Bn	2.73 Bn	26.48%
8	Targa Resources	59.51 Bn	59.37 Bn	2.14 Bn	9.71%
9	Cheniere Energy	56.09 Bn	54.84 Bn	5.29 Bn	6.94%
10	DT Midstream	13.77 Bn	13.60 Bn	253.00 Mn	34.11%

Download Data