DT Midstream (DTM) FCF Margin (2020 - 2026)
DT Midstream's (DTM) quarterly FCF Margin came in at 34.11% in Q2 2026, up 45.0% year-over-year from 23.52% in Q2 2025, and down 43.26% quarter-over-quarter from 60.12% in Q1 2026.
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DT Midstream (DTM) FCF Margin (2020 - 2026) Analysis & Trends
DT Midstream has disclosed FCF Margin across 7 years of filings, most recently posting 34.11% for Q2 2026.
- In Q2 2026, FCF Margin rose 45.0% year-over-year to 34.11%; the TTM figure through Jun 2026 stood at 36.64% (down 538.0% YoY), while the FY2025 annual figure was 35.48%, down 662.0% from the prior year.
- FCF Margin came in at 34.11% for Q2 2026 at DT Midstream, down from 60.12% 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.
- Average FCF Margin over 5 years is 32.84%, with a median of 33.88% recorded in 2025.
- Year-over-year, FCF Margin plunged 9226 bps in 2023 and soared 5585 bps in 2024.
- Over 5 years, 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 slumped by 62 bps to 9.46% in 2025, then jumped by 260 bps to 34.11% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 34.11% in Q2 2026, 60.12% in Q1 2026, and 9.46% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 21.84% |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 11.07% |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 7.88% |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 92.82% |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 9.71% |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 26.48% |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 11.95% |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 3.87% |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 51.81% |
| 10 | DT Midstream | 13.20 Bn | 13.17 Bn | 253.00 Mn | 34.11% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.11% |
| Mar 31, 2026 | 60.12% |
| Dec 31, 2025 | 9.46% |
| Sep 30, 2025 | 41.72% |
| Jun 30, 2025 | 33.66% |
| Mar 31, 2025 | 58.09% |
| Dec 31, 2024 | 24.90% |
| Sep 30, 2024 | 50.00% |
| Jun 30, 2024 | 34.43% |
| 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 | 32.77% |
| Jun 30, 2022 | 48.46% |
| Mar 31, 2022 | 99.53% |
| Dec 31, 2021 | 28.70% |
| Sep 30, 2021 | 47.17% |