Stock Analiz

DT Midstream, Inc. DTM

Natural Gas Distribution · IPO 2021 · data as of November 13, 2026

$119.73Market cap $12.2B
Open the interactive analysis →

DT Midstream, Inc. (DTM) is a utility company listed in the US with a market value of about $12.2B. In the twelve months to September 30, 2026 it had revenue of $1.3B and net income of $471M, a net margin of 35.4%.

Its overall Stock Analiz score is 2.2 out of 5 (weak). The strongest part is shareholder returns (4/5); the weakest is value (0/5).

Key numbers: a P/E of 26.0, a price to free cash flow of 22.9, 5-year revenue growth of 11% a year, a 5-year average ROIC of 5%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 28% below the current price.

Score: 2.2 / 5

Value0/5
Future growth3/5
Track record2/5
Financial health2/5
Shareholder returns4/5

Checks passed

  • Revenue growth above 10% last year
  • 3-year revenue growth above 10% a year
  • Strong R&D investment or growth above 20%
  • 5-year revenue growth above 8% a year
  • Profitable 5 years in a row
  • Positive free cash flow
  • Liabilities below 60% of assets
  • Pays a dividend

Checks not passed

  • P/E below 25
  • P/E below the industry median
  • P/FCF below 20
  • Price below intrinsic value (DCF, moderate assumptions)
  • PEG below 1.5
  • Profit margin improving
  • 3-year free cash flow growth above 10% a year
  • 5-year EPS growth above 10% a year

Valuation

P/E (TTM)26.0
Forward P/E24.0
P/FCF22.9
P/S9.2
P/B2.5
EV/EBITDA16.4
PEG4.42
Dividend yield2.96%
FCF yield4.4%
Shareholder yield3.0%
Intrinsic value vs. price−28%

Growth and quality

Revenue growth (1 yr)26.7%
Revenue growth (5 yrs, per year)10.5%
EPS growth (5 yrs, per year)5.9%
FCF growth (3 yrs, per year)4.5%
Net margin (5-yr avg.)38.0%
ROIC (5-yr avg.)5.0%
Profitable years (of last 10)7
Years paying a dividend5

Financials, last 7 years

Fiscal yearTTM2025202420232022202120202019
Revenue$1.3B$1.2B$981M$922M$920M$840M$754M$504M
Net income$471M$441M$354M$384M$370M$307M$312M$204M
Free cash flow$533M$441M$413M$26M$387M$432M$79M$179M
EPS (diluted)$4.60$4.30$3.60$3.94$3.81$3.16$3.23$2.11
Net margin35.4%35.5%36.1%41.6%40.2%36.5%41.4%40.5%
ROIC—5.7%4.4%5.0%5.3%4.3%7.1%5.3%

From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.

What analysts expect

The average 12-month price target from 15 analysts is $148.27, 24% above the current price; targets range from $121.00 to $170.00; the consensus rating is “Buy”; expected EPS is $4.69 for the fiscal year ending December 31, 2026.

Frequently asked questions

What is DT Midstream’s P/E ratio?

About 26.0, based on the last twelve months of diluted earnings per share (forward P/E about 24.0).

Is DT Midstream stock undervalued?

Our DCF model with moderate assumptions puts its intrinsic value about 28% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.

Does DT Midstream pay a dividend?

Yes. The dividend yield is about 2.96%, and it has paid dividends for 5 years in our data.

Is DT Midstream a good stock to buy?

We do not give buy or sell advice. DT Midstream scores 2.2 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.

Similar companies

Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.