DT Midstream, Inc. (DTM) vs Viper Energy Inc. (VNOM)

DT Midstream, Inc. and Viper Energy Inc. are both Oil & Gas Midstream companies. Viper Energy Inc. is the larger, with a market value of $14.4B against $11.5B — 1.2× the size. Viper Energy Inc. trades at the lower P/E: 18.1× against 24.4×. Viper Energy Inc. grew revenue faster over the last twelve months: 92.1% against 13.4%. DT Midstream, Inc. has the higher net margin (35.4% vs 12.1%) and the higher return on invested capital (5.14% vs 4.01%). Both pay a dividend; Viper Energy Inc. yields more (6.14% vs 3.05%). Across the 22 metrics below, DT Midstream, Inc. leads on 11 and Viper Energy Inc. on 11.

Valuation

Metric DTM VNOM Oil & Gas Midstream median
P/E 24.38 18.10 11.68
P/S 8.67 3.39 2.39
P/B 2.33 0.74 1.68
Price to free cash flow 21.68 74.48 8.52
EV/EBITDA 15.40 9.84 9.03
EV/Sales 10.98 4.60 3.43
Earnings yield 4.10% 5.53% 7.78%
Free cash flow yield 4.61% 1.34% 7.11%

Profitability

Metric DTM VNOM Oil & Gas Midstream median
Gross margin 100.00% 100.00% 54.87%
Operating margin 49.40% 36.16% 34.73%
Net margin 35.36% 12.08% 20.12%
Free cash flow margin 40.02% 4.55% 14.43%
Return on equity 9.61% 2.58% 11.73%
Return on assets 4.62% 2.07% 4.43%
Return on invested capital 5.14% 4.01% 6.10%

Growth

Metric DTM VNOM Oil & Gas Midstream median
Revenue growth (TTM) 13.36% 92.09% 14.88%
EPS growth (last fiscal year) 19.44% (112.57%) (7.78%)
Revenue growth, 5-year CAGR 10.51% 40.96% 10.05%
Net income growth, 5-year CAGR 7.17% 0.00% 0.00%

Health

Metric DTM VNOM Oil & Gas Midstream median
Debt to equity 0.66 0.23 0.77
Current ratio 1.16 5.92 1.19
Net debt to EBITDA 3.68 4.65 3.46

Dividend

Metric DTM VNOM Oil & Gas Midstream median
Dividend yield 3.05% 6.14% 4.94%
Payout ratio 0.75 1.12 0.73

Size

Metric DTM VNOM Oil & Gas Midstream median
Market cap 11.52b 14.36b 3.56b

Compare with another peer

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