Stock Analysis
DT Midstream, Inc.DTM
P/E 26.96×· 5Y range 11.97–36.22×· 70th percentile of history
Sector: Utilities · Industry: Natural Gas Transmission
AnalystsBuy20 analystsP/E 27.0× sits at the 70th percentile of its 5.062286105407256-year history.
Cash covers 2% of debt · FY 2025.
PMP Verdict
Mixed fundamentals, fairly valued
Strengths
- Quality97
- Profitability67
Risks
- Financial Health37
- Growth49
Mixed picture — no clear quality or value edge.
Market context
+4.1% today· Z 3.0σ· DTM gained 3.35% as recent commentary highlighted its long-term LNG export and Haynesville basin upside.
Bull Case
- ✓Piotroski F-Score 7/9 — high earnings quality
- ✓Revenue CAGR 10.3% — durable top-line growth
Why is DTM moving?
SectorDTM gained 3.35% as recent commentary highlighted its long-term LNG export and Haynesville basin upside.
Profile
Strong earnings quality; financial health, valuation and growth lag behind.
How is each axis scored?
- Valuation41/100 · Weak
- P/E vs own history (70th pct)5/25
- FCF yield (3.8%)12/25
- P/S (9.6x)12/25
- EV/EBIT (24.4x)12/25
- Growth49/100 · Weak
- Revenue CAGR (10.3%)20/25
- Net income CAGR (9.5%)12/25
- EPS CAGR 5Y (8.0%)12/25
- Fwd implied growth (4.5%)5/25
- Profitability67/100 · Moderate
- ROIC (6.4%)5/25
- ROE (9.9%)12/25
- Net margin (35.7%)25/25
- Operating margin (49.6%)25/25
- Financial Health37/100 · Weak
- Altman Z (1.90)10/25
- Current ratio (1.07)12/25
- Interest coverage (3.1x)10/25
- Net cash / debt (D/A 32%)5/25
- Quality97/100 · Strong
- Piotroski F (7/9)22/25
- Beneish M (-2.61)25/25
- FCF conversion (103%)25/25
- Margin stability (σ 2.0%)25/25
- Moat50/100 · Moderate
- ROIC >12% years (0/5 yrs)0/25
- Median gross margin (n/a)0/25
- FCF-positive years (5/5 yrs)25/25
- Worst-year net margin (worst 35.5%)25/25
About DT Midstream, Inc.
DT Midstream Inc is an owner, operator, and developer of natural gas midstream interstate and intrastate pipelines; storage and gathering systems; and compression, treatment, and surface facilities. Show more
It provides multiple, integrated natural gas services to customers through interstate pipelines, intrastate pipelines, storage systems, lateral pipelines and related treatment plants and compression and surface facilities, and gathering systems and related treatment plants and compression and surface facilities. The segments of the group are Pipeline and Gathering. It generates maximum revenue from pipeline segment that includes interstate pipelines, storage systems, gathering lateral pipelines and compression and surface facilities.
Headquarters: DETROIT, MI · Employees: 588 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
41D+P/E (TTM)27.0xC
Grade C: ExpensivePrice / TTM EPS (own statements) — vs own 5Y history: 12.0x–36.2x · 70th pct
P/FCF16.0xB
Grade B: FairPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield3.8%C
Grade C: LowTTM (OCF − CapEx) / Market Cap — vs own 5Y history: -0.4%–10.6% · 37th pct
P/S (TTM)9.63xC
Grade C: ExpensivePrice / TTM Revenue (own statements) — vs own 5Y history: 4.8x–12.4x · 68th pct
EV/EBIT24.4xC
Grade C: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 16.0x–40.2x · 58th pct
EV/Sales11.7xD
Grade D: Very expensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E25.8xC
Grade C: ExpensivePrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio2.66xA
Grade A: FairPrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio3.33D
Grade D: ExpensiveFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield5.39%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio184.7%D
Grade D: UnsustainableDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
67BROIC6.4%D
Grade D: LowNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE9.9%D
Grade D: WeakReturn on Equity. Neg. equity = heavy buybacks
ROA4.6%D
Grade D: WeakReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin35.7%A
Grade A: HighNet Income / Revenue
Operating Margin49.6%A
Grade A: HighTTM EBIT / TTM Revenue
Gross Margin—
Gross Profit / Revenue
FCF Margin36.6%A
Grade A: HighFCF / Revenue
True FCF Margin34.7%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
49D+Revenue CAGR10.3%C
Grade C: OkCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR9.5%C
Grade C: OkCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)8.0%C
Grade C: OkCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth4.5%B
Grade B: LowAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)+5.5%C
Grade C: DilutiveShare count change over 5Y
SBC / Net Income5.6%A
Grade A: LowStock-based comp/Net income. >30% = dilution risk
SBC / Revenue2.0%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
37DAltman Z-Score1.90C
Grade C: Gray zoneBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio1.07xC
Grade C: OkCurrent Assets/Liabilities
Quick Ratio1.28xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage3.1xC
Grade C: OkEBIT/Interest. >10 Strong
Debt Repayment6.8yC
Grade C: AverageYears to repay net debt via FCF
Net Debt/EBIT5.0xD
Grade D: HighLeverage. <2x Low, >4x High
Debt/Equity0.70xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.02xD
Grade D: ThinCash covers how much of total debt. >1 = could repay all debt from cash
Quality
97A+Piotroski F-Score7/9A
Grade A: StrongFinancial strength 0–9. >7 Strong
Beneish M-Score-2.61A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion102.6%A
Grade A: StrongFCF / Net Income
Margin Stability2.0%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue34.9%D
Grade D: HeavyTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.17xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Pickle Elaine M Filed | Pickle Elaine M | BuyOpen market buy | +1.5K | |
Jewell Jeffrey A Filed | Jewell Jeffrey A | BuyOpen market buy | +145 | |
Jewell Jeffrey A Filed | Jewell Jeffrey A | BuyOpen market buy | +150 | |
Archon Angela N Filed | Archon Angela N | Option exercise | -1145 | |
Archon Angela N Filed | Archon Angela N | Option exercise | +1.2K |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Pickle Elaine M Filed | Pickle Elaine M | Grant / award | +1.1K | |
Archon Angela N Filed | Archon Angela N | Grant / award | +1.1K | |
Tumminello Peter I Filed | Tumminello Peter I | Grant / award | +1.1K |
Option exercise (M) rows report a derivative leg, not an open-market sale — a paired negative entry is the option position being consumed.
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
50CROIC >12% Years0/5 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)—
Median annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years5/5 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor35.5%A
Grade A: DurableWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$4.59
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$1.69
Cash & short-term investments per share (Finnhub)
Book Value / Share$46.85
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$3.32B
Total debt obligations (short + long term)
Cash & Equiv.$54.00M
Cash and short-term investments
Net Debt$3.27B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$4.74B
Shareholders' equity (book value)
Asset / Liability1.94xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$12.62B
Current Market Capitalization
Beta0.75B
Grade B: DefensivePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: DT Midstream, Inc. (DTM)
DTM is up 4.09% at the last close — DTM gained 3.35% as recent commentary highlighted its long-term LNG export and Haynesville basin upside.. DT Midstream, Inc. meets 7 of 9 Piotroski F-Score criteria, placing its fundamental strength in the top tier of US-listed stocks. Altman Z-Score of 1.90 falls in the grey zone (1.81–2.99) — financial distress is unlikely but not ruled out. Beneish M-Score of -2.61 suggests a low likelihood of earnings manipulation.
- DT Midstream, Inc. converts about 37% of revenue into free cash flow — strong cash generation.
- Takes ~6.8 years to repay net debt from free cash flow.
- The stock currently yields 5.4% in dividends.
See how DTM ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all DTM moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 16 | Regular | 123.19 | +3.69% | 2.75 |
| Oct 16 | After-hours | 123.67 | +4.09% | 3.03 |
| Oct 15 | Regular | 119.11 | -3.42% | -2.87 |
| Oct 15 | After-hours | 118.81 | -3.66% | -3.08 |
| Oct 14 | Regular | 123.11 | -2.72% | -2.72 |
Frequently Asked Questions about DTM
What is the current DT Midstream, Inc. (DTM) stock price?
DTM is trading at $123.67 at the last market close, up 4.09% on the session. PreMarketPrice tracks DTM pre-market, intraday and after-hours prices.
Is DTM stock a buy right now?
PreMarketPrice's quantitative model rates DT Midstream, Inc.'s financial health at 37/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is DTM stock overvalued?
DT Midstream, Inc. trades at a trailing P/E of 27.0 and our valuation score rates it 41/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does DT Midstream, Inc. report earnings?
No confirmed earnings date is currently scheduled for DTM. The Earnings section lists recent reports and updates as dates are announced.
What sector does DT Midstream, Inc. operate in?
DT Midstream, Inc. operates in the Utilities sector, within the Natural Gas Transmission industry. The Related Stocks section lists sector peers for comparison.
What does DT Midstream, Inc. do?
DT Midstream Inc is an owner, operator, and developer of natural gas midstream interstate and intrastate pipelines; storage and gathering systems; and compression, treatment, and surface facilities.
About DT Midstream, Inc. (DTM) Stock
DT Midstream, Inc. (DTM) is a US-listed stock operating in the Utilities sector, specifically the Natural Gas Transmission industry. As of the latest update, DT Midstream, Inc. is trading at $123.67, up 4.09% on the day with a market capitalization of $12.6 billion. The financial health score for DTM is 37/100, which indicates weak financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for DTM stock.
DTM Stock Analysis & Key Metrics
On PreMarketPrice, you can track DT Midstream, Inc. (DTM) across multiple dimensions:
- Pre-market price & movement: Real-time DTM stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for DTM with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for DT Midstream, Inc. across multiple reporting periods.
- Financial health score: A composite score of 37/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for DTM.
- Sector peers: Compare DTM against 6 other utilities stocks on key financial metrics.
Is DTM a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate DT Midstream, Inc. (DTM) as an investment. The financial health score of 37/100 suggests weak financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.DT Midstream, Inc. (DTM) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.