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| Date | Value |
|---|---|
| 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% |