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

DT Midstream's (DTM) quarterly Net Margin came in at 39.88% in Q1 2026, up 325.0% year-on-year from 9.38% in Q1 2025, and up 10.9% quarter-over-quarter from 35.96% in Q4 2025.

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

DT Midstream has disclosed Net Margin across 7 years of filings, most recently posting 39.88% for Q1 2026.

  • Net Margin for Q1 2026 came in at 39.88%, up 325.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 37.38% (up 118.0% YoY), and the FY2025 annual result was 36.52%, down 89.0% from the prior year.
  • Net Margin came in at 39.88% for Q1 2026 at DT Midstream, up from 35.96% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 50.82% in Q4 2023 to a low of 30.52% in Q4 2024.
  • The 5-year median for Net Margin is 39.07% (2022), against an average of 39.59%.
  • Across the five-year window, Net Margin jumped 1461 bps in 2023 and sank 2030 bps in 2024, its largest moves.
  • DT Midstream's Net Margin stood at 36.21% in 2022, then surged by 40 bps to 50.82% in 2023, then slumped by 40 bps to 30.52% in 2024, then gained by 18 bps to 35.96% in 2025, then rose by 11 bps to 39.88% in 2026.
  • The last three Net Margin figures came in at 39.88% (Q1 2026), 35.96% (Q4 2025), and 37.58% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 7.47%
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 10.39%
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 20.73%
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 4.30%
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 30.35%
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 11.71%
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 8.07%
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 23.51%
10 DT Midstream 13.69 Bn 13.77 Bn 251.00 Mn 39.88%

Historic Data

Download Data
DateValue
Mar 31, 2026 39.88%
Dec 31, 2025 35.96%
Sep 30, 2025 37.58%
Jun 30, 2025 35.92%
Mar 31, 2025 36.63%
Dec 31, 2024 30.52%
Sep 30, 2024 36.69%
Jun 30, 2024 40.98%
Mar 31, 2024 41.67%
Dec 31, 2023 50.82%
Sep 30, 2023 40.17%
Jun 30, 2023 41.96%
Mar 31, 2023 38.18%
Dec 31, 2022 36.21%
Sep 30, 2022 49.36%
Jun 30, 2022 41.41%
Mar 31, 2022 39.07%
Dec 31, 2021 39.91%
Sep 30, 2021 36.32%
Jun 30, 2021 34.13%