DT Midstream, Inc.

DTM Energy Oil & Gas Midstream

DT Midstream, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.2 billion, up 26.7% from fiscal 2024.

Revenue
+7.01%
EPS
+4.92%
Free cash flow
+40.5%
Total debt
−1.35%

Quarter to September 2026, against a year earlier

113.28 4.30 −3.66%
Market cap
$11.5B
P/E
24.4×
Fwd P/E
26.7×
Dividend yield
3.05%
F-score
7/9
Altman Z
1.84
Beneish M
−2.62
Dividend safety
46/100

DT Midstream, Inc. (DTM) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, DT Midstream, Inc. (DTM) trades at a EV/EBITDA of 15.4×. Over the past ten years it has ranged from 11.4× (July 2022) to 20.4× (May 2026); the current reading is higher than 62% of that period. That is above the Oil & Gas Midstream industry median of 9.0× and above the Energy sector median of 6.2×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 17.4× (5.02%)
FY2024 18.3× 44.23%
FY2023 12.7× (0.03%)
FY2022 12.7× (1.53%)
FY2021 12.9× (1.33%)
FY2020 13.1× 0.00%
FY2019 13.1× 0.00%
FY2018 13.1× —

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 16.1× (17.25%)
Jun 2026 19.4× 4.79%
Mar 2026 18.5× 6.54%
Dec 2025 17.4× (1.73%)
22 more quarters

Against its own ten years

Low 11.4× High 20.4×
Ten-year median 13.7×
Current reading's percentile 62

EV/EBITDA against peers

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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