DT Midstream, Inc. (DTM) stock
DTMNYSENatural Gas TransmissionFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 11/3040% above fair value
$119.61+0.61 (+0.51%)
Close on Nov 12, 2026Market cap $12.20BP/E 26.0Yield 2.74%
DT Midstream statistics
109 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.
Important dates
- Next earnings
- Feb 18, 2027 (estimated, before the open)
- Last ex-dividend date
- Sep 21, 2026
- Fundamentals through
- Sep 30, 2026
- Share price as of
- Nov 12, 2026
Valuation ratiosIndustry
- P/TBV Ratio
- 5.50
- 2.10
- P/OCF Ratio
- 13.01
- 9.60
Enterprise valuationIndustry
- EV / Sales
- 11.55
- 4.49
- EV / EBIT
- 23.39
- 20.95
- EV / FCF
- 28.87
- 36.93
Share statisticsIndustry
- Shares Change (YoY)
- 0.69%
- 2.02%
- Shares Change (QoQ)
- 0.00%
- 0.04%
- Float
- 101M
- 118M
- Shares Held by Insiders
- 0.57%
- 1.37%
- Shares Held by Institutions
- 87.6%
- 80.3%
Short sellingIndustry
- Short Interest
- 8M
- –
- Short Interest Change
- 9.61%
- -1.80%
- Short % of Float
- 7.65%
- 4.12%
- Short % of Shares Outstanding
- 7.60%
- 3.58%
- Days to Cover
- 7.55
- 4.52
Stock price statisticsIndustry
- 52-Week High
- $152.88
- –
- 52-Week Low
- $111.55
- –
- 20-Day Moving Average
- $121.67
- –
- 50-Day Moving Average
- $123.58
- –
- 200-Day Moving Average
- $134.73
- –
- Average True Range (14)
- $4.08
- –
- Price Change (1 Week)
- 5.96%
- 0.98%
- Price Change (1 Month)
- -3.02%
- 3.20%
- Price Change (3 Months)
- -12.6%
- -3.70%
- Price Change (6 Months)
- -19.2%
- -2.87%
- Price Change (YTD)
- -0.06%
- 4.95%
- Price Change (1 Year)
- 4.38%
- 1.43%
- Price Change (3 Years)
- 117.9%
- 38.4%
- Price Change (5 Years)
- 142.6%
- 23.1%
- Average Volume (10 Days)
- 1M
- –
- Average Volume (20 Days)
- 1M
- –
- Average Volume (90 Days)
- 962,679
- –
- Relative Volume
- 0.83
- 0.87
- Relative Strength Index (14)
- 46.5
- 53.0
- Volatility (1 Year)
- 23.2%
- 25.4%
- Beta (5 Years)
- 0.55
- 0.45
MarginsIndustry
- Pretax Margin
- 49.2%
- 14.6%
- EBITDA Margin
- 70.0%
- 33.2%
- FCF Margin
- 40.0%
- -8.17%
Returns on capitalIndustry
- Return on Equity (ROE)
- 9.90%
- 9.20%
- Return on Assets (ROA)
- 4.61%
- 2.64%
- Return on Invested Capital (ROIC)
- 6.18%
- 5.77%
- Return on Capital Employed (ROCE)
- 6.63%
- 4.78%
Financial positionIndustry
- Current Ratio
- 1.16
- 0.90
- Quick Ratio
- 1.03
- 0.39
- Debt / Equity
- 0.68
- 1.30
- Debt / EBITDA
- 3.51
- 4.88
- Debt / FCF
- 6.15
- 14.77
- Net Debt / EBITDA
- 3.26
- 4.68
- Interest Coverage
- 4.04
- 2.41
GrowthIndustry
- Revenue Growth (YoY)
- 13.4%
- 7.96%
- Net Income Growth (YoY)
- 16.9%
- 12.1%
- EPS Growth (YoY)
- 16.2%
- 10.4%
- FCF Growth (YoY)
- 12.7%
- 1.23%
- Revenue Growth (3Y CAGR)
- 10.6%
- 3.90%
- Revenue Growth (5Y CAGR)
- 10.5%
- 7.80%
- EPS Growth (3Y CAGR)
- 4.12%
- 6.07%
- EPS Growth (5Y CAGR)
- 5.89%
- 6.26%
EfficiencyIndustry
- Asset Turnover
- 0.13
- 0.23
- Revenue Per Employee
- $2.27M
- $1.11M
- Profits Per Employee
- $801.02K
- $118.50K
- Employee Count
- 588
- 1,444
- WACC
- 6.81%
- 6.81%
Income statement (TTM)Industry
- Pretax Income
- $656.00M
- $279.10M
Balance sheetIndustry
- Net Cash (Debt)
- -$3.05B
- -$2.57B
- Net Cash Per Share
- -$29.86
- -$23.93
- Equity (Book Value)
- $4.82B
- $2.20B
- Book Value Per Share
- $47.20
- $18.60
- Tangible Book Value
- $2.22B
- $1.44B
- Working Capital
- $66.00M
- -$14.10M
Cash flow (TTM)Industry
- Capital Expenditures
- -$405.00M
- -$771.90M
- FCF Per Share
- $5.22
- -$0.53
Dividends and yieldsIndustry
- Earnings Yield
- 3.86%
- 4.38%
- FCF Yield
- 4.37%
- -3.93%
- Dividend Yield
- 2.74%
- 2.81%
- Shareholder Yield
- 2.74%
- 1.60%
- Dividend Per Share
- $3.28
- $1.98
- Dividend Growth (YoY)
- 11.6%
- 5.10%
- Years of Dividend Growth
- 4
- 11
- Payout Ratio
- 73.2%
- 58.8%
- FCF Payout Ratio
- 64.7%
- 87.5%
Taxes and interestIndustry
- Interest Expense
- $163.00M
- $204.10M
- Income Tax
- $170.00M
- $44.44M
- Effective Tax Rate
- 25.9%
- 16.0%
Scores and fair valueIndustry
- Graham Number
- $69.89
- $47.70
- Graham Upside
- -41.6%
- -27.6%
- Altman Z-Score
- 1.83
- 1.12
- Piotroski F-Score
- 7
- 5
- Lynch Fair Value
- $27.09
- –
- Lynch Upside
- -77.3%
- -35.6%
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.
| Period | DTM | S&P 500 | Difference | DTM per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | -4.8% | -2.7% | −2.1 pts | ||
| 3 months | -11.5% | -1.7% | −9.8 pts | ||
| Year to date | +1.9% | +11.9% | −10.0 pts | ||
| 1 year | +6.5% | +12.0% | −5.5 pts | ||
| 3 years | +143.8% | +78.2% | +65.6 pts | +34.6% | +21.2% |
| 5 years | +198.0% | +73.2% | +124.7 pts | +24.4% | +11.6% |
Short interest
Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.
8M DTM shares were sold short on Oct 30, 2026, up 9.6% from the previous report, or 7.65% of the shares available to trade. At recent volumes it would take 7.5 days to buy them back. Over the last 20 sessions, 63.3% of the volume reported to FINRA was short selling.
| Settlement date | Shares short | Change | Avg. daily volume | Days to cover |
|---|---|---|---|---|
| Oct 30, 2026 | 7,757,145 | +9.6% | 1,027,767 | 7.5 |
| Oct 15, 2026 | 7,077,235 | +8.5% | 951,261 | 7.4 |
| Sep 30, 2026 | 6,522,448 | +13.8% | 953,970 | 6.8 |
| Sep 15, 2026 | 5,733,212 | +4.1% | 820,355 | 7.0 |
| Aug 31, 2026 | 5,509,298 | +15.9% | 1,125,928 | 4.9 |
| Aug 14, 2026 | 4,753,220 | +16.3% | 938,651 | 5.1 |
| Jul 31, 2026 | 4,087,748 | -5.0% | 845,713 | 4.8 |
| Jul 15, 2026 | 4,301,842 | +8.1% | 646,297 | 6.7 |
| Jun 30, 2026 | 3,980,610 | -0.7% | 872,473 | 4.6 |
| Jun 15, 2026 | 4,010,032 | +18.3% | 598,600 | 6.7 |
| May 29, 2026 | 3,390,725 | -11.7% | 636,880 | 5.3 |
| May 15, 2026 | 3,838,438 | +2.0% | 715,226 | 5.4 |
Ratios use trailing-twelve-month results and the latest balance sheet. How we calculate.
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