DT Midstream, Inc.
DTM
Rank in Stocks
#1717
DT Midstream, Inc. is a U.S.-based company offering a comprehensive suite of... DT Midstream, Inc. is a U.S.-based company offering a comprehensive suite of natural gas infrastructure and related services. The organization's operations are divided into two primary divisions: Pipeline and Gathering. It is responsible for the development, ownership, and management of an interconnected network of assets. This portfolio includes both interstate and intrastate pipelines, natural gas storage facilities, lateral pipelines, gathering systems, specialized treatment plants, and various compression and surface equipment. The company's core services involve the transportation and storage of natural gas for a wide array of clients, ranging from intermediate users to final consumers. Furthermore, DT Midstream actively gathers natural gas directly from wellheads, channeling it either to processing plants or into gathering and transportation pipelines. Its service offerings extend to include gas compression, dehydration, treatment, comprehensive water management (encompassing impoundment, storage, and transport), and sand mining. DT Midstream caters to a diverse clientele, including natural gas producers, local distribution companies (LDCs), electricity generators, industrial businesses, and national energy marketers. The company was founded in 2021 and has its corporate headquarters situated in Detroit, Michigan.
Share Price
$122.48
Market Cap
$12.49B
Change (1 day)
-1.19%
Change (1 year)
12.38%
Country
US
Trade DT Midstream, Inc. (DTM)
Category
Energy
P/E ratio for DT Midstream, Inc. (DTM)
P/E ratio as of October 2026 TTM: 26.81
According to DT Midstream, Inc. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.81. At the end of 2023 the company had a P/E ratio of 13.83.
P/E ratio history for DT Midstream, Inc. from 2018 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 26.81 | -2.19% |
| 2024 | 27.41 | 98.24% |
| 2023 | 13.83 | -4.25% |
| 2022 | 14.44 | -4.47% |
| 2021 | 15.12 | 16.39% |
| 2020 | 12.99 | -34.50% |
| 2019 | 19.83 | 13.04% |
| 2018 | 17.54 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| - | - |
CA
|
|
| 28.89 | 7.75% |
US
|
|
| 12.43 | -53.65% |
US
|
|
| 21.38 | -20.26% |
US
|
|
| - | - |
US
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.