DT Midstream, Inc. (DTM) vs Frontline PLC (FRO)

DT Midstream, Inc. and Frontline PLC are both Oil & Gas Midstream companies. DT Midstream, Inc. is the larger, with a market value of $12.7B against $10.5B — 1.2× the size. Frontline PLC trades at the lower P/E: 7.1× against 26.7×. Frontline PLC grew revenue faster over the last twelve months: 63.5% against 18.1%. Frontline PLC has the higher net margin (49.4% vs 35.7%) and the higher return on invested capital (19.4% vs 5.03%). Both pay a dividend; Frontline PLC yields more (10.4% vs 5.34%). Across the 23 metrics below, Frontline PLC leads on 17 and DT Midstream, Inc. on 6.

Valuation

Metric DTM FRO Oil & Gas Midstream median
P/E 26.69 7.14 13.19
P/S 9.54 3.52 2.60
P/B 2.54 3.36 2.08
Price to free cash flow 26.03 6.27 10.14
EV/EBITDA 16.76 7.80 8.11
EV/Sales 11.97 4.22 3.89
Earnings yield 3.75% 14.01% 6.83%
Free cash flow yield 3.84% 15.96% 6.94%

Profitability

Metric DTM FRO Oil & Gas Midstream median
Gross margin 100.00% 66.67% 58.81%
Operating margin 49.62% 54.14% 32.14%
Net margin 35.73% 49.37% 21.16%
Free cash flow margin 36.64% 56.19% 10.15%
Return on equity 9.61% 53.85% 11.30%
Return on assets 4.64% 24.94% 5.00%
Return on invested capital 5.03% 19.35% 6.13%

Growth

Metric DTM FRO Oil & Gas Midstream median
Revenue growth (TTM) 18.12% 63.48% 15.44%
EPS growth (last fiscal year) 19.44% (23.77%) —
Revenue growth, 5-year CAGR 10.51% 10.05% 8.96%
Net income growth, 5-year CAGR 7.17% (1.69%) 0.00%

Health

Metric DTM FRO Oil & Gas Midstream median
Debt to equity 0.68 0.77 0.78
Current ratio 1.37 1.87 1.19
Net debt to EBITDA 3.68 3.03 3.42

Dividend

Metric DTM FRO Oil & Gas Midstream median
Dividend yield 5.34% 10.43% 7.29%
Payout ratio 0.70 0.47 0.64

Size

Metric DTM FRO Oil & Gas Midstream median
Market cap 12.73b 10.54b 3.61b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack