DT Midstream DTM
NYSE DTM
$129.41 +0.75 (+0.58%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

DT Midstream's (DTM) quarterly Gross Margin came in at 73.76% in Q2 2026, down 35.0% year-over-year from 113.48% in Q2 2025, and down 1.26% quarter-over-quarter from 74.7% in Q1 2026.

Analysis

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

DT Midstream has disclosed Gross Margin across 7 years of filings, most recently posting 73.76% for Q2 2026.

  • In Q2 2026, Gross Margin fell 35.0% year-over-year to 73.76%; the TTM figure through Jun 2026 stood at 73.59% (up 28.0% YoY), while the FY2025 annual figure was 73.53%, down 160.0% from the prior year.
  • Gross Margin came in at 73.76% for Q2 2026 at DT Midstream, down from 74.7% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 78.69% in Q2 2024 to a low of 67.9% in Q4 2022.
  • Average Gross Margin over 5 years is 73.4%, with a median of 73.44% recorded in 2023.
  • Year-over-year, Gross Margin surged 547 bps in 2024 and plunged 458 bps in 2025.
  • Over 5 years, Gross Margin stood at 67.9% in 2022, then advanced by 6 bps to 71.72% in 2023, then retreated by 3 bps to 69.88% in 2024, then advanced by 4 bps to 72.56% in 2025, then gained by 2 bps to 73.76% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 73.76% in Q2 2026, 74.7% in Q1 2026, and 72.56% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn 68.62%
2 Enterprise Products Partners 84.07 Bn 83.21 Bn - -
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn 21.55%
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn 62.88%
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn 48.15%
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn 82.28%
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn 23.30%
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn 24.69%
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn 43.36%
10 DT Midstream 13.20 Bn 13.17 Bn 253.00 Mn 73.76%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 73.76%
Mar 31, 2026 74.70%
Dec 31, 2025 72.56%
Sep 30, 2025 73.25%
Jun 30, 2025 74.11%
Mar 31, 2025 74.26%
Dec 31, 2024 69.88%
Sep 30, 2024 74.60%
Jun 30, 2024 78.69%
Mar 31, 2024 77.50%
Dec 31, 2023 71.72%
Sep 30, 2023 75.21%
Jun 30, 2023 73.21%
Mar 31, 2023 73.64%
Dec 31, 2022 67.90%
Sep 30, 2022 72.34%
Jun 30, 2022 72.25%
Mar 31, 2022 71.63%
Dec 31, 2021 70.40%
Sep 30, 2021 72.64%