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

DT Midstream's Operating Margin history runs 7 years deep, the most recent figure standing at 49.4% for Q1 2026.

• Quarterly Operating Margin rose 56.0% year-over-year to 49.4% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 49.53% (up 39.0% YoY) and the FY2025 annual result came in at 49.4%, down 45.0% from the prior year.
• Operating Margin was 49.4% for Q1 2026 at DT Midstream, roughly flat from 49.21% 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.
• Median Operating Margin over the past 5 years was 49.4% (2026), compared with a mean of 50.52%.
• Across the five-year window, Operating Margin jumped 1901 bps in 2022 and tumbled 812 bps in 2023, its largest moves.
• Over 5 years, Operating Margin stood at 47.74% in 2022, then advanced by 3 bps to 49.18% in 2023, then declined by 8 bps to 45.38% in 2024, then increased by 8 bps to 49.21% in 2025, then advanced by 0 bps to 49.4% in 2026.
• Business Quant data shows DTM's Operating Margin at 49.4% in Q1 2026, 49.21% in Q4 2025, and 49.36% in Q3 2025.