DT Midstream (DTM) Tax Rate (2020 - 2026)
DT Midstream (DTM) reported Tax Rate of 21.18% for Q1 2026, down 280.0% year-over-year from 11.76% in Q1 2025, and down 18.47% sequentially from 25.97% in Q4 2025.
DT Midstream (DTM) Tax Rate (2020 - 2026) Analysis & Trends
DT Midstream's Tax Rate history runs 7 years deep, the most recent figure standing at 21.18% for Q1 2026.
- Quarterly Tax Rate fell 280.0% year-over-year to 21.18% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 23.31% (down 386.0% YoY) and the FY2025 annual result came in at 24.08%, down 310.0% from the prior year.
- Tax Rate was 21.18% for Q1 2026 at DT Midstream, down from 25.97% 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.
- Median Tax Rate over the past 5 years was 24.19% (2023), compared with a mean of 23.14%.
- Across the five-year window, Tax Rate slumped 2687 bps in 2023 and soared 3455 bps in 2024, its largest moves.
- Over 5 years, Tax Rate stood at 28.46% in 2022, then tumbled by 94 bps to 1.59% in 2023, then soared by 2176 bps to 36.13% in 2024, then retreated by 28 bps to 25.97% in 2025, then declined by 18 bps to 21.18% in 2026.
- Business Quant data shows DTM's Tax Rate at 21.18% in Q1 2026, 25.97% in Q4 2025, and 22.88% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 24.82% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 22.28% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 1.45% |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 6.40% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 20.27% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 0.11% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 24.00% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | - |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 15.08% |
| 10 | DT Midstream | - | - | 251.00 Mn | 21.18% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.18% |
| Mar 31, 2026 | 21.18% |
| Dec 31, 2025 | 25.97% |
| Dec 31, 2025 | 25.97% |
| Sep 30, 2025 | 22.88% |
| Sep 30, 2025 | 22.88% |
| Jun 30, 2025 | 23.45% |
| Jun 30, 2025 | 23.45% |
| Mar 31, 2025 | 23.97% |
| Mar 31, 2025 | 23.97% |
| Dec 31, 2024 | 36.13% |
| Dec 31, 2024 | 36.13% |
| Sep 30, 2024 | 24.79% |
| Sep 30, 2024 | 24.79% |
| Jun 30, 2024 | 24.81% |
| Jun 30, 2024 | 24.81% |
| Mar 31, 2024 | 23.66% |
| Mar 31, 2024 | 23.66% |
| Dec 31, 2023 | 1.59% |
| Dec 31, 2023 | 1.59% |