DT Midstream (DTM) FCF Payout Ratio (2020 - 2026)

DT Midstream (DTM) posted FCF Payout Ratio of 0.77 for Q2 2026, up 74.59% sequentially from 0.44 in Q1 2026, and down 3.61% YoY from 0.8 in Q2 2025.

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

DT Midstream has reported FCF Payout Ratio for 7 years, with the latest figure at 0.77 in Q2 2026.

  • Quarterly FCF Payout Ratio fell 3.61% year-over-year to 0.77 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.74 (up 8.45% YoY) and the FY2025 annual result came in at 0.75, up 7.96% from the prior year.
  • FCF Payout Ratio advanced to 0.77 in Q2 2026 per DTM's latest filing, from 0.44 in the prior quarter.
  • Over five years, FCF Payout Ratio peaked at 3.88 in Q1 2023 and troughed at 4.71 in Q4 2022.
  • A 5-year average of 0.76 and a median of 0.7 in 2025 frame the typical range for FCF Payout Ratio.
  • The sharpest annual moves came in 2022 and 2023: FCF Payout Ratio tumbled 770.48% in 2022, then surged 1329.74% in 2023.
  • Over 5 years, FCF Payout Ratio stood at 4.71 in 2022, then jumped by 144.92% to 2.12 in 2023, then plunged by 39.83% to 1.27 in 2024, then surged by 138.06% to 3.03 in 2025, then plunged by 74.64% to 0.77 in 2026.
  • According to Business Quant data, FCF Payout Ratio over the past three periods registered 0.77, 0.44, and 3.03 for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Kinder Morgan 112.69 Bn 112.57 Bn 3.07 Bn 0.68
2 Enbridge 111.03 Bn 109.54 Bn 5.23 Bn 1.87
3 Enterprise Products Partners 83.34 Bn 82.44 Bn - 0.59
4 Energy Transfer 72.41 Bn 71.38 Bn 7.40 Bn 0.46
5 Tc Energy 65.97 Bn 58.41 Bn 1.24 Bn -0.14
6 Oneok 60.11 Bn 59.94 Bn 2.81 Bn 0.47
7 Mplx 60.04 Bn 59.01 Bn 2.73 Bn 1.25
8 Targa Resources 59.42 Bn 59.29 Bn 2.14 Bn 0.63
9 Cheniere Energy 56.10 Bn 54.85 Bn 5.29 Bn 0.48
10 DT Midstream 13.71 Bn 13.54 Bn 253.00 Mn 0.77

Historic Data

Download Data
DateValue
Jun 30, 2026 0.77
Mar 31, 2026 0.41
Dec 31, 2025 2.77
Sep 30, 2025 0.63
Jun 30, 2025 1.02
Mar 31, 2025 0.02
Dec 31, 2024 0.46
Sep 30, 2024 0.21
Jun 30, 2024 1.54
Mar 31, 2024 0.39
Dec 31, 2023 1.97
Sep 30, 2023 2.79
Jun 30, 2023 -1.40
Mar 31, 2023 3.88
Dec 31, 2022 -4.43
Sep 30, 2022 0.81
Jun 30, 2022 0.56
Mar 31, 2022 0.27
Dec 31, 2021 0.49
Jun 30, 2021 3.07