DT Midstream profit margin DTM
Gross, operating and net profit as a share of revenue over the last twelve months, from 2020.
- Net margin, 12 months
- 35.7%
- Operating margin, 12 months
- 49.6%
- Net margin on a year earlier
- +1.8 pts
- Peer median
- 22.3%
Over the twelve months to Jun 30, 2026, DT Midstream kept 35.7% of its revenue as net profit, with an operating margin of 49.6%.
Five years earlier its net margin was 38.7%.
The median for 10 oil and gas pipeline stocks of a similar size is 22.3%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin |
|---|---|---|
| FY2025 | 35.5% | 49.4% |
| FY2024 | 36.1% | 49.8% |
| FY2023 | 41.6% | 51.1% |
| FY2022 | 40.2% | 52.0% |
| FY2021 | 36.5% | 47.9% |
| FY2020 | 41.4% | 54.9% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 35.7% | +1.8 pts | 49.6% | |
| Q1 FY26 | 36.3% | +1.3 pts | 49.5% | |
| Q4 FY25 | 35.5% | −0.6 pts | 49.4% | |
| Q3 FY25 | 34.3% | −6.9 pts | 48.6% | |
| Q2 FY25 | 33.9% | −8.2 pts | 48.5% | |
| Q1 FY25 | 35.0% | −7.5 pts | 49.1% | |
| Q4 FY24 | 36.1% | −5.6 pts | 49.8% | |
| Q3 FY24 | 41.2% | +3.4 pts | 50.8% | |
| Q2 FY24 | 42.1% | +2.0 pts | 51.8% | |
| Q1 FY24 | 42.5% | +2.5 pts | 51.5% | |
| Q4 FY23 | 41.6% | +1.4 pts | 51.1% | |
| Q3 FY23 | 37.8% | −3.5 pts | 50.7% |
Against its peers
Companies in Oil & Gas Midstream nearest DT Midstream's size, closest first, today.
| Company | Profit margin |
|---|---|
| DTMDT Midstream | 35.7% |
| AMAntero Midstream | 30.4% |
| KNTKKinetik | 10.4% |
| WESWestern Midstream Partners | 29.6% |
| SWXSouthwest Gas | 29.8% |
| AROCArchrock | 21.8% |
| CQPCheniere Energy Partners | 27.3% |
| VGVenture Global | 22.3% |
| KGSKodiak Gas Services | 5.8% |
| CPKChesapeake Utilities | 15.1% |
| MPLXMPLX Lp | n/m |
| Peer median | 22.3% |
Where DT Midstream ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on DT Midstream
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.