DT Midstream (DTM) Net Margin (2020 - 2026)
DT Midstream (DTM) reported Net Margin of 39.88% for Q1 2026, up 325.0% on a YoY basis 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 (DTM) has 7 years of Net Margin data on file, last reported at 39.88% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 325.0% year-over-year to 39.88%; the trailing twelve-month figure through Mar 2026 stood at 37.38% (up 118.0% YoY), and the FY2025 full-year result was 36.52%, down 89.0% from the prior year.
- Net Margin grew to 39.88% in Q1 2026, 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.
- A 5-year average of 39.59% and a median of 39.07% in 2022 frame the typical range for Net Margin.
- Across the five-year window, Net Margin jumped 1461 bps in 2023 and tumbled 2030 bps in 2024, its largest moves.
- Tracing DTM's Net Margin over 5 years: stood at 36.21% in 2022, then jumped by 40 bps to 50.82% in 2023, then tumbled 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 88.32% |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 21.07% |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 19.97% |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 7.47% |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 10.40% |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 0.05% |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 4.30% |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 11.71% |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 8.07% |
| 10 | DT Midstream | 14.88 Bn | 14.87 Bn | 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% |