DT Midstream (DTM) Tax Rate (2020 - 2026)
DT Midstream's (DTM) quarterly Tax Rate came in at 31.36% in Q2 2026, up 791.0% year-over-year from 3.52% in Q2 2025, and up 48.09% quarter-over-quarter from 21.18% in Q1 2026.
Analysis
DT Midstream (DTM) Tax Rate (2020 - 2026) Analysis & Trends
DT Midstream has disclosed Tax Rate across 7 years of filings, most recently posting 31.36% for Q2 2026.
- In Q2 2026, Tax Rate rose 791.0% year-over-year to 31.36%; the TTM figure through Jun 2026 stood at 25.39% (down 135.0% YoY), while the FY2025 annual figure was 24.08%, down 310.0% from the prior year.
- Tax Rate came in at 31.36% for Q2 2026 at DT Midstream, up from 21.18% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 36.13% in Q4 2024 to a low of 1.59% in Q4 2023.
- Average Tax Rate over 5 years is 23.6%, with a median of 24.49% recorded in 2023.
- Year-over-year, Tax Rate slumped 2687 bps in 2023 and surged 3455 bps in 2024.
- Over 5 years, Tax Rate stood at 28.46% in 2022, then slumped by 94 bps to 1.59% in 2023, then jumped by 2176 bps to 36.13% in 2024, then decreased by 28 bps to 25.97% in 2025, then increased by 21 bps to 31.36% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 31.36% in Q2 2026, 21.18% in Q1 2026, and 25.97% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 23.33% |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 0.64% |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 7.12% |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 5.85% |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 22.61% |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 0.18% |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 23.62% |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 21.97% |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 21.47% |
| 10 | DT Midstream | 13.20 Bn | 13.17 Bn | 253.00 Mn | 31.36% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.36% |
| Mar 31, 2026 | 21.18% |
| Dec 31, 2025 | 25.97% |
| Sep 30, 2025 | 22.88% |
| Jun 30, 2025 | 23.45% |
| Mar 31, 2025 | 23.97% |
| Dec 31, 2024 | 36.13% |
| Sep 30, 2024 | 24.79% |
| Jun 30, 2024 | 24.81% |
| Mar 31, 2024 | 23.66% |
| Dec 31, 2023 | 1.59% |
| Sep 30, 2023 | 25.98% |
| Jun 30, 2023 | 24.19% |
| Mar 31, 2023 | 31.71% |
| Dec 31, 2022 | 28.46% |
| Sep 30, 2022 | 5.69% |
| Jun 30, 2022 | 25.98% |
| Mar 31, 2022 | 22.94% |
| Dec 31, 2021 | 21.93% |
| Sep 30, 2021 | 27.36% |