DT Midstream (DTM) Gross Margin (2020 - 2026)
DT Midstream (DTM) posted Gross Margin of 73.76% for Q2 2026, down 1.26% sequentially from 74.7% in Q1 2026, and down 35.0% YoY from 113.48% in Q2 2025.
DT Midstream (DTM) Gross Margin (2020 - 2026) Analysis & Trends
DT Midstream has reported Gross Margin for 7 years, with the latest figure at 73.76% in Q2 2026.
- Quarterly Gross Margin fell 35.0% year-over-year to 73.76% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 73.59% (up 28.0% YoY) and the FY2025 annual result came in at 73.53%, down 160.0% from the prior year.
- Gross Margin fell to 73.76% in Q2 2026 per DTM's latest filing, from 74.7% in the prior quarter.
- Over five years, Gross Margin peaked at 78.69% in Q2 2024 and troughed at 67.9% in Q4 2022.
- A 5-year average of 73.4% and a median of 73.44% in 2023 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2024 and 2025: Gross Margin soared 547 bps in 2024, then sank 458 bps in 2025.
- Over 5 years, Gross Margin stood at 67.9% in 2022, then grew by 6 bps to 71.72% in 2023, then slipped by 3 bps to 69.88% in 2024, then grew by 4 bps to 72.56% in 2025, then climbed by 2 bps to 73.76% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 73.76%, 74.7%, and 72.56% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 68.62% |
| 2 | Enbridge | 110.90 Bn | 109.41 Bn | 5.23 Bn | 24.69% |
| 3 | Enterprise Products Partners | 83.47 Bn | 82.57 Bn | - | - |
| 4 | Energy Transfer | 72.69 Bn | 71.66 Bn | 7.40 Bn | 21.55% |
| 5 | Tc Energy | 65.95 Bn | 58.39 Bn | 1.24 Bn | 95.91% |
| 6 | Oneok | 60.15 Bn | 59.99 Bn | 2.81 Bn | 23.30% |
| 7 | Mplx | 59.97 Bn | 58.94 Bn | 2.73 Bn | 82.28% |
| 8 | Targa Resources | 59.51 Bn | 59.37 Bn | 2.14 Bn | 48.15% |
| 9 | Cheniere Energy | 56.09 Bn | 54.84 Bn | 5.29 Bn | 92.34% |
| 10 | DT Midstream | 13.77 Bn | 13.60 Bn | 253.00 Mn | 73.76% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |