DT Midstream Inc
Research DT Midstream Inc (DTM) on Bullrun: valuation model: 6.9% overvalued, market cap USD 12.93B, P/E 27.8, dividend yield 2.6%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerDTM
- ExchangeNYSE
- CountryUnited States
- SectorEnergy
- IndustryOil & Gas Midstream
- CurrencyUSD
- Valuation signal6.9% overvalued
- Market capUSD 12.93B
- P/E27.8
- Dividend yield2.6%
- Financial periodQ2 2026
- RevenueUSD 343.00M
- Net incomeUSD 112.00M
- Free cash flowUSD 117.00M
- Gross margin80.2%
Valuation Snapshot
Bullrun's latest valuation model marks DT Midstream Inc as 6.9% overvalued; latest market cap is USD 12.93B; P/E is 27.8; dividend yield is 2.6%.
Peer valuation comparison
Latest P/E is 27.8x versus a Energy sector median of 14.75x (88.5% above).
Latest dividend yield is 2.58% versus a Energy sector median of 3.8% (32.1% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 1.24B | USD 441.00M | USD 441.00M | 79.2% | 4.3 | USD 54.00M | USD 3.32B | USD 4.74B |
| FY2024 | USD 981.00M | USD 354.00M | USD 413.00M | 78.7% | 3.6 | USD 68.00M | USD 3.47B | USD 4.63B |
| FY2023 | USD 922.00M | USD 384.00M | USD 26.00M | n/a | 3.94 | USD 56.00M | USD 3.23B | USD 4.14B |
| FY2022 | USD 920.00M | USD 370.00M | USD 387.00M | n/a | 3.81 | USD 61.00M | USD 3.06B | USD 4.01B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 12.93B | 27.8 | 2.7% | 3.4 |
| 2025 | 2025-12-31 | USD 12.17B | 27.8 | 2.7% | 3.28 |
| 2024 | 2024-12-31 | USD 10.07B | 27.6 | 3.0% | 2.96 |
| 2023 | 2023-12-29 | USD 5.31B | 15.4 | 5.0% | 2.76 |
| 2022 | 2022-12-30 | USD 5.35B | 14.4 | 4.6% | 2.56 |
| 2021 | 2021-12-31 | USD 4.64B | 15.7 | 2.5% | 1.2 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 3.4 USD, yield 2.6%.
| Year | Dividends/share |
|---|---|
| FY2025 | 3.28 USD |
| FY2024 | 2.94 USD |
| FY2023 | 2.76 USD |
| FY2022 | 2.56 USD |
About DT Midstream Inc
DT Midstream, Inc., together with its subsidiaries, provides integrated natural gas services in the United States. The company operates in two segments, Pipeline and Gathering. The Pipeline segment owns and operates interstate and intrastate natural gas pipelines, storage systems, and natural gas gathering lateral pipelines. This segment also engages in the transportation and storage of natural gas for intermediate and end-user customers. The Gathering segment owns and operates gas gathering systems.
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Frequently asked questions
Is DT Midstream Inc overvalued or undervalued?
Bullrun's valuation model currently marks DT Midstream Inc as 6.9% overvalued.
What is DT Midstream Inc's market cap?
DT Midstream Inc's market capitalization is USD 12.93B.
What is DT Midstream Inc's P/E ratio?
DT Midstream Inc's price-to-earnings (P/E) ratio is 27.8.
Does DT Midstream Inc pay a dividend?
DT Midstream Inc has a dividend yield of 2.6%.
What does DT Midstream Inc do?
DT Midstream, Inc., together with its subsidiaries, provides integrated natural gas services in the United States. The company operates in two segments, Pipeline and Gathering. The Pipeline segment owns and operates interstate and intrastate natural gas pipelines, storage systems, and natural gas gathering lateral pipelines. This segment also engages in the transportation and storage of natural gas for intermediate and end-user customers. The Gathering segment owns and operates gas gathering systems.