DT Midstream (DTM) Tax Rate (2020 - 2026)
DT Midstream (DTM) recorded Tax Rate of 31.36% in Q2 2026, up 7.91 percentage points from 23.45% a year earlier and up 10.18 percentage points from the prior quarter.
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Analysis
DT Midstream (DTM) Tax Rate (2020 - 2026) Analysis & Trends
On a TTM basis, DT Midstream's Tax Rate came in at 25.39% as of Jun 30, 2026, down 1.35 percentage points year-over-year; for FY2025, it was 24.08%, down 3.10 percentage points from FY2024.
- Annual Tax Rate has a five-year change of -2.28 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 27.18% in FY2024 (+6.38 pp), 20.80% in FY2023 (+0.05 pp), 20.75% in FY2022 (-3.90 pp) and 24.64% in FY2021 (-1.72 pp).
- The Q2 2026 figure is the highest quarterly Tax Rate since Q4 2024.
- On a year-over-year basis, Tax Rate rose in three of the last eight quarters, with an average year-over-year change of +3.17 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 34.55 percentage points in Q4 2024, against a drop of 26.87 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 21.18% (Q1 2026), 25.97% (Q4 2025) and 22.88% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 21.97% |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 0.64% |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 7.12% |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 23.33% |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | - |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 22.61% |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 0.18% |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 23.62% |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 9.13% |
| 10 | DT Midstream | 12.44 Bn | 12.11 Bn | - | 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% |
API Access
DT Midstream Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=DTM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "DTM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=DTM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();