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
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DT Midstream, Inc. (DTM) P/B ratio
As of 5 November 2026, DT Midstream, Inc. (DTM) trades at a P/B ratio of 2.3×. Over the past ten years it has ranged from 0.9× (June 2021) to 3.1× (May 2026); the current reading is higher than 80% of that period. That is above the Oil & Gas Midstream industry median of 1.7× and above the Energy sector median of 1.4×.
P/B ratio, daily
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Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 2.5× | 22.42% |
| FY2024 | 2.0× | 63.17% |
| FY2023 | 1.2× | 0.88% |
| FY2022 | 1.2× | 7.20% |
| FY2021 | 1.2× | 10.89% |
| FY2020 | 1.0× | 0.00% |
| FY2019 | 1.0× | 0.00% |
| FY2018 | 1.0× | — |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Sep 2026 | 2.5× | (19.14%) |
| Jun 2026 | 3.0× | 8.60% |
| Mar 2026 | 2.8× | 12.36% |
| Dec 2025 | 2.5× | 5.12% |
| 22 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| KNTK Kinetik Holdings Inc. compare | n/m |
| PAGP Plains Group Holdings, L.P. compare | 0.3× |
| VNOM Viper Energy Inc. compare | 0.7× |
| PAA Plains All American Pipeline, L.P. compare | 1.4× |
| DTM DT Midstream, Inc. | 2.3× |
| SOBO South Bow Corporation compare | 2.5× |
| FRO Frontline PLC compare | 3.2× |
| WES Western Midstream Partners, LP compare | 3.8× |
| AM Antero Midstream Corporation compare | 4.1× |
| Oil & Gas Midstream industry median | 1.7× |
| Energy sector median | 1.4× |
| Market median | 1.7× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on DTM
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement