Overview Dividends

(DTM) DT Midstream - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US23345M1071

Pipeline, Storage, Gathering, Compression, Treatment

DTM EPS (Earnings per Share)

EPS Growth (3y CAGR): 7.34%
EPS Trend (3y Corr): 47.5%

Last SUE: 0.61σ

DTM Revenue

Revenue Growth (3y CAGR): 9.77%
Revenue Trend (3y Corr): 85.6%

Last SUE: 1.15σ

Risk via 10d forecast
Volatility	22.1%
Value at Risk 5%th	35.1%
Relative Tail Risk	-3.33%

Reward TTM
Sharpe Ratio	0.59
Alpha	10.08

Character TTM
Hurst Exponent	0.547
Beta	0.743
Beta Downside	1.103

Drawdowns 3y
Max DD	23.56%
Mean DD	7.12%
Median DD	6.34%

Description: DTM DT Midstream October 31, 2025

DT Midstream, Inc. (NYSE: DTM) operates an integrated natural-gas midstream business in the United States through two distinct segments: Pipeline and Gathering. The Pipeline segment owns and runs interstate and intrastate pipelines, underground storage facilities, and lateral gathering lines, providing transportation and storage services to intermediate and end-user customers. The Gathering segment manages gas-collection systems and ancillary services such as compression, dehydration, water handling, and sand mining, serving producers, local distribution companies, power generators, industrial users, and national marketers. The company was incorporated in 2021 and is headquartered in Detroit, Michigan.

Key operating metrics (2023) include approximately 7.5 billion cubic feet per day (Bcf/d) of pipeline capacity and 5.6 Bcf of underground storage, generating an adjusted EBITDA of roughly $1.1 billion and operating cash flow of $900 million. The segment’s revenue is highly correlated with U.S. natural-gas production growth (≈ +3 % YoY in 2023) and seasonal demand spikes driven by heating and power-generation needs. A material driver of future performance is the expanding LNG export pipeline network, which could increase throughput demand by 0.5–1.0 Bcf/d over the next three years, assuming current policy and financing conditions remain stable.

For a deeper quantitative view of DTM’s valuation metrics and scenario analysis, the ValueRay platform offers a transparent, data-driven dashboard you may find useful.

DTM Stock Overview

Market Cap in USD	11,788m
Sub-Industry	Oil & Gas Storage & Transportation
IPO / Inception	2021-07-01
Return 12m vs S&P 500	1.46%
Analyst Rating	3.67 of 5

DTM Dividends

Metric	Value
Dividend Yield	2.78%
Yield on Cost 5y	9.25%
Yield CAGR 5y	34.81%
Payout Consistency	100.0%
Payout Ratio	78.7%

DTM Growth Ratios

Metric	Value
CAGR 3y	31.87%
CAGR/Max DD Calmar Ratio	1.35
CAGR/Mean DD Pain Ratio	4.48
Current Volume	634.7k
Average Volume	833.8k

Piotroski VR‑10 (Strict, 0-10) 6.0

Net Income (403.0m TTM) > 0 and > 6% of Revenue (6% = 70.5m TTM)

FCFTA 0.06 (>2.0%) and ΔFCFTA 1.88pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 12.17% (prev -1.33%; Δ 13.50pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.09 (>3.0%) and CFO 873.0m > Net Income 403.0m (YES >=105%, WARN >=100%)

Net Debt (3.28b) to EBITDA (977.0m) ratio: 3.35 <= 3.0 (WARN <= 3.5)

Current Ratio 1.80 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (102.5m) change vs 12m ago 4.59% (target <= -2.0% for YES)

Gross Margin 57.79% (prev 54.61%; Δ 3.18pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 12.60% (prev 11.37%; Δ 1.24pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 4.61 (EBITDA TTM 977.0m / Interest Expense TTM 156.0m) >= 6 (WARN >= 3)

Altman Z'' 1.03

(A) 0.01 = (Total Current Assets 322.0m - Total Current Liabilities 179.0m) / Total Assets 10.06b

(B) 0.08 = Retained Earnings (Balance) 801.0m / Total Assets 10.06b

(D) 0.15 = Book Value of Equity 795.0m / Total Liabilities 5.22b

Total Rating: 1.03 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 70.07

1. Piotroski 6.0pt = 1.0

2. FCF Yield 4.25% = 2.12

3. FCF Margin 54.47% = 7.50

4. Debt/Equity 0.72 = 2.25

5. Debt/Ebitda 3.35 = -2.19

6. ROIC - WACC (= -0.11)% = -0.14

7. RoE 8.65% = 0.72

8. Rev. Trend 85.60% = 6.42

9. EPS Trend 47.49% = 2.37

What is the price of DTM shares?

As of November 18, 2025, the stock is trading at USD 114.86 with a total of 634,730 shares traded.
Over the past week, the price has changed by +0.03%, over one month by +5.39%, over three months by +13.53% and over the past year by +16.23%.

Is DTM a buy, sell or hold?

DT Midstream has received a consensus analysts rating of 3.67. Therefor, it is recommend to hold DTM.

Strong Buy: 6
Buy: 1
Hold: 6
Sell: 1
Strong Sell: 1

What are the forecasts/targets for the DTM price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	118	2.7%
Analysts Target Price	118	2.7%
ValueRay Target Price	145.6	26.7%

DTM Fundamental Data Overview November 17, 2025

Market Cap USD = 11.79b (11.79b USD * 1.0 USD.USD)
P/E Trailing = 29.3519
P/E Forward = 22.0264
P/S = 10.0324
P/B = 2.507
Beta = 0.796
Revenue TTM = 1.18b USD
EBIT TTM = 719.0m USD
EBITDA TTM = 977.0m USD
Long Term Debt = 3.32b USD (from longTermDebt, last quarter)
Short Term Debt = 17.0m USD (from shortTermDebt, last quarter)
Debt = 3.38b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.28b USD (from netDebt column, last quarter)
Enterprise Value = 15.07b USD (11.79b + Debt 3.38b - CCE 98.0m)
Interest Coverage Ratio = 4.61 (Ebit TTM 719.0m / Interest Expense TTM 156.0m)
FCF Yield = 4.25% (FCF TTM 640.0m / Enterprise Value 15.07b)
FCF Margin = 54.47% (FCF TTM 640.0m / Revenue TTM 1.18b)
Net Margin = 34.30% (Net Income TTM 403.0m / Revenue TTM 1.18b)
Gross Margin = 57.79% ((Revenue TTM 1.18b - Cost of Revenue TTM 496.0m) / Revenue TTM)
Gross Margin QoQ = 73.25% (prev 53.72%)
Tobins Q-Ratio = 1.50 (Enterprise Value 15.07b / Total Assets 10.06b)
Interest Expense / Debt = 1.19% (Interest Expense 40.0m / Debt 3.38b)
Taxrate = 22.88% (35.0m / 153.0m)
NOPAT = 554.5m (EBIT 719.0m * (1 - 22.88%))
Current Ratio = 1.80 (Total Current Assets 322.0m / Total Current Liabilities 179.0m)
Debt / Equity = 0.72 (Debt 3.38b / totalStockholderEquity, last quarter 4.70b)
Debt / EBITDA = 3.35 (Net Debt 3.28b / EBITDA 977.0m)
Debt / FCF = 5.12 (Net Debt 3.28b / FCF TTM 640.0m)
Total Stockholder Equity = 4.66b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.01% (Net Income 403.0m / Total Assets 10.06b)
RoE = 8.65% (Net Income TTM 403.0m / Total Stockholder Equity 4.66b)
RoCE = 9.01% (EBIT 719.0m / Capital Employed (Equity 4.66b + L.T.Debt 3.32b))
RoIC = 6.90% (NOPAT 554.5m / Invested Capital 8.04b)
WACC = 7.01% (E(11.79b)/V(15.16b) * Re(8.75%) + D(3.38b)/V(15.16b) * Rd(1.19%) * (1-Tc(0.23)))
Discount Rate = 8.75% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 2.81%
[DCF Debug] Terminal Value 73.56% ; FCFE base≈538.0m ; Y1≈473.4m ; Y5≈388.9m
Fair Price DCF = 61.24 (DCF Value 6.23b / Shares Outstanding 101.7m; 5y FCF grow -14.73% → 3.0% )
EPS Correlation: 47.49 | EPS CAGR: 7.34% | SUE: 0.61 | # QB: 0
Revenue Correlation: 85.60 | Revenue CAGR: 9.77% | SUE: 1.15 | # QB: 3

Additional Sources for DTM Stock

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