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

DT Midstream has disclosed Operating Margin across 7 years of filings, most recently posting 50.44% for Q2 2026.

• In Q2 2026, Operating Margin rose 28.0% year-over-year to 50.44%; the TTM figure through Jun 2026 stood at 49.62% (up 111.0% YoY), while the FY2025 annual figure was 49.4%, down 45.0% from the prior year.
• Operating Margin came in at 50.44% for Q2 2026 at DT Midstream, up from 49.4% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 60.35% in Q2 2022 to a low of 45.38% in Q4 2024.
• Average Operating Margin over 5 years is 50.52%, with a median of 49.7% recorded in 2026.
• Year-over-year, Operating Margin soared 1901 bps in 2022 and tumbled 812 bps in 2023.
• Over 5 years, Operating Margin stood at 47.74% in 2022, then climbed by 3 bps to 49.18% in 2023, then fell by 8 bps to 45.38% in 2024, then rose by 8 bps to 49.21% in 2025, then gained by 2 bps to 50.44% in 2026.
• Per Business Quant data, the three most recent Operating Margin figures were 50.44% in Q2 2026, 49.4% in Q1 2026, and 49.21% in Q4 2025.