profit from every $100 of sales.
$0$100
DT Midstream
$119.73+0.10% today
+5.4% in 1 year
1-year low $112.881-year high $151.12
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $27.70 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What DT Midstream sold, what it kept, and what it did with the cash.
Sales went from $920 million in 2022 to $1.24 billion in 2025, with $441 million of profit last year.
SalesProfit
DT Midstream handed back 73% of the cash it generated last year.
$324M
Free cash flow 2025$441M
Bought back its own shares–
Paid as dividends$324M
Cash vs. debt$54M vs. $3.4B
DT Midstream vs. similar companies
DT Midstream grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| DT Midstream | 27.7× · Fair price | ||
 Enbridge | 20.2× · Fair price | ||
 The Williams Companies | 33.0× · Expensive | ||
 Enterprise Products Partners L.P. | 14.2× · Cheap | ||
 Kinder Morgan | 23.3× · Fair price |
AI analysis
An AI analyst reads DT Midstream's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 754 | 840 | 920 | 922 | 981 | 1,243 | |
| – | – | 750 | 740 | 772 | 985 | |
| 414 | 402 | 455 | 467 | 489 | 614 | |
| 705 | 700 | 808 | 850 | 884 | 1,034 | |
| 312 | 307 | 370 | 384 | 354 | 441 | |
| 3.23 | 3.16 | 3.81 | 3.94 | 3.60 | 4.30 | |
| – | – | 81.5% | 80.3% | 78.7% | 79.2% | |
| 54.9% | 47.9% | 49.5% | 50.7% | 49.8% | 49.4% | |
| 41.4% | 36.5% | 40.2% | 41.6% | 36.1% | 35.5% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 8,342 | 8,166 | 8,833 | 8,982 | 9,935 | 10,080 |
| Cash | 42 | 132 | 61 | 56 | 68 | 54 |
| Total debt | 0 | 3,046 | 3,424 | 3,270 | 3,521 | 3,372 |
| Total liabilities | 4,114 | 4,145 | 4,679 | 4,702 | 5,169 | 5,202 |
| – | 3,872 | 4,007 | 4,139 | 4,627 | 4,736 | |
| 97 | 97 | 97 | 98 | 98 | 103 | |
| – | 6.1% | 6.6% | 6.9% | 6.4% | 7.4% | |
| – | 7.9% | 9.2% | 9.3% | 7.7% | 9.3% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 597 | 572 | 725 | 798 | 763 | 867 | |
| 518 | 140 | 338 | 772 | 350 | 426 | |
| 79 | 432 | 387 | 26 | 413 | 441 | |
| Dividends paid | 0 | 58 | 244 | 263 | 280 | 324 |
| 0 | 0 | 3 | 0 | – | – | |
| 6 | 12 | 17 | 20 | 23 | 26 |
Valuation
- 27.7×
- 25.2×
- 4.70
- 3.2×
- 9.8×
- 27.7×
- 15.0×
- 3.6%
- 3.6%
- 2.2%
Profitability
- 79.2%
- 49.4%
- 35.5%
- 79.7%
- 4.9%
- 4.9%
- 9.8%
- 4.6%
- 6.4%
- –
Growth
- +10.5%
- +5.9%
- +18.6%
- –
- +1.2%
Financial health
- 3.2×
- 0.71
- 33.2%
- 3.9×
- 1.26
- 1.26
- 0.13
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 31%of 467
Top 5%of 466
Bottom 25%of 387
Top 28%of 461
Bottom 40%of 460
What analysts expect
- Average price target
- $144.56
- Range
- $127.00 – $166.00
- 10 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 30, 2026 | 1.27 | 1.11 | +14.4% |
| Feb 19, 2026 | 1.08 | 1.11 | −2.7% |
| Oct 30, 2025 | 1.13 | 1.03 | +9.7% |
| Jul 31, 2025 | 1.04 | 0.98 | +6.1% |
| Apr 30, 2025 | 1.06 | 1.07 | −0.9% |
| Feb 26, 2025 | 0.94 | 0.89 | +5.5% |
| Oct 29, 2024 | 0.90 | 0.93 | −3.2% |
| Jul 30, 2024 | 0.98 | 0.92 | +6.5% |
2.2%of the share price, paid each year
On $1,000 invested$22a year at today's yield, before tax
–per share
Raised4 yearsin a row, in our data
Paid per share, each year
$1.20 in 2021 → $3.28 in 2025
How safe it looks
73.5% of its profit
Room to growStretchedMore than it earns: 73.5%
News
XOP vs AMLP. Is a Midstream or Upstream Energy ETF the Better Buy as Oil Prices Stay High?Yahoo Finance · Nov 12, 2026Here Are Tuesday’s Top Wall Street Analyst Research Calls: Akamai Technolgies, Apple, Blackrock, Ford Motor, Healthcare Realty Trust, Noble, Sunoco LP, Venture Global, Western Midstream Partners, Zoetis, and MoreYahoo Finance · Oct 20, 2026Chevron to divest stakes in Hess Midstream, DJ Basin crude midstream assetsSeeking Alpha · Oct 6, 2026Western Midstream (WES) Falls More Steeply Than Broader Market: What Investors Need to KnowYahoo Finance · Sep 10, 2026DT Midstream upgraded to Outperform at Wolfe as 'quality growth story'Seeking Alpha · Aug 26, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
57No pass
Benjamin Graham
48No pass
Philip Fisher
64Pass
Peter Lynch
36No pass
Joel Greenblatt
26No pass
Charlie Munger
51No pass
Terry Smith
57No pass
Questions about DT Midstream
Is DT Midstream a good stock to buy?
A business with weak numbers at a fair price. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the DT Midstream AI analysis
What does DT Midstream do?
DT Midstream, Inc. provides integrated natural gas services in the United States. The company operates through two segments, Pipeline and Gathering. It is in Oil & Gas Midstream, based in Detroit, MI, United States, with 588 employees.
Does DT Midstream pay a dividend?
Yes. At today's price the dividend is 2.2% a year, about 73% of its yearly profit. In 2025 it paid out $324 million in dividends.
Is DT Midstream stock halal?
Yes. DT Midstream passes our halal screen: its business is permitted and its debt is 28% of its market value, under the 30% limit. How we check
How has DT Midstream stock done over the past year?
Up 5.4% over the past twelve months, to $119.73. It traded between $112.88 and $151.12 and is 20.8% below its high.
Who are DT Midstream's competitors?
The largest listed companies in the same industry are Enbridge, The Williams Companies, Enterprise Products Partners L.P. and Kinder Morgan. The peers table on this page compares their profit, growth and price with DT Midstream's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.