DT Midstream (DTM) Net Margin (2020 - 2026)
DT Midstream (DTM) reported Net Margin of 39.88% for Q1 2026, up 325.0% year-over-year from 9.38% in Q1 2025, and up 10.9% sequentially from 35.96% in Q4 2025.
DT Midstream (DTM) Net Margin (2020 - 2026) Analysis & Trends
DT Midstream's Net Margin history runs 7 years deep, the most recent figure standing at 39.88% for Q1 2026.
- Quarterly Net Margin rose 325.0% year-over-year to 39.88% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 37.38% (up 118.0% YoY) and the FY2025 annual result came in at 36.52%, down 89.0% from the prior year.
- Net Margin was 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.
- Median Net Margin over the past 5 years was 39.07% (2022), compared with a mean of 39.59%.
- Across the five-year window, Net Margin soared 1461 bps in 2023 and plunged 2030 bps in 2024, its largest moves.
- Over 5 years, Net Margin stood at 36.21% in 2022, then jumped by 40 bps to 50.82% in 2023, then sank by 40 bps to 30.52% in 2024, then rose by 18 bps to 35.96% in 2025, then increased by 11 bps to 39.88% in 2026.
- Business Quant data shows DTM's Net Margin at 39.88% in Q1 2026, 35.96% in Q4 2025, and 37.58% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 7.47% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 20.73% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 10.39% |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 4.30% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 11.71% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 30.35% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 8.07% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 5.08% |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 10.61% |
| 10 | DT Midstream | - | - | 251.00 Mn | 39.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |