DT Midstream price to free cash flow DTM

Market value divided by free cash flow over the last twelve months, since 2022.

Today, Oct 23, 2026: 26.3×
4-year median: 25.4×
Against its 4-year history: 60th; percentile: 0 is its lowest day, 100 its highest
4-year range: 9.1× to 239×
Peer median: 17.5×

DT Midstream's price to free cash flow is 26.3× as of Oct 23, 2026.

That is above its 4-year median of 25.4×, close to the middle of its last 4 years.

Over that time it ranged from 9.1× in Jun 2022 to 239× in Apr 2024.

The median for 10 oil and gas pipeline stocks of a similar size is 17.5×.

Price to free cash flow over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	26.3×	25.4×	33.0×
2025	25.9×	21.4×	28.4×
2024	25.2×	22.4×	239×
2023	166×	11.1×	173×
2022	11.5×	9.1×	12.6×

Against its peers

Companies in Oil & Gas Midstream nearest DT Midstream's size, closest first, today.

Company	Price to free cash flow
DTMDT Midstream	26.3×
AMAntero Midstream	n/m
KNTKKinetik	57.7×
WESWestern Midstream Partners	15.3×
SWXSouthwest Gas	n/m
AROCArchrock	17.5×
CQPCheniere Energy Partners	11.5×
VGVenture Global	n/m
KGSKodiak Gas Services	n/m
CPKChesapeake Utilities	n/m
MPLXMPLX Lp	18.0×
Peer median	17.5×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on DT Midstream

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.