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
DateValue
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%