DT Midstream, Inc. (DTM) vs Western Midstream Partners, LP (WES)
DT Midstream, Inc. and Western Midstream Partners, LP are both Oil & Gas Midstream companies. Western Midstream Partners, LP is the larger, with a market value of $18.7B against $12.7B — 1.5× the size. Western Midstream Partners, LP trades at the lower P/E: 14.3× against 26.7×. DT Midstream, Inc. grew revenue faster over the last twelve months: 18.1% against 18.0%. DT Midstream, Inc. has the higher net margin (35.7% vs 29.0%) and the lower return on invested capital (5.03% vs 8.16%). Both pay a dividend; Western Midstream Partners, LP yields more (8.96% vs 5.34%). Across the 23 metrics below, Western Midstream Partners, LP leads on 13 and DT Midstream, Inc. on 10.
Valuation
Profitability
| Metric | DTM | WES | Oil & Gas Midstream median |
|---|---|---|---|
| Gross margin | 100.00% | 92.08% | 58.81% |
| Operating margin | 49.62% | 40.23% | 32.14% |
| Net margin | 35.73% | 29.00% | 21.16% |
| Free cash flow margin | 36.64% | 27.30% | 10.15% |
| Return on equity | 9.61% | 32.48% | 11.30% |
| Return on assets | 4.64% | 8.82% | 5.00% |
| Return on invested capital | 5.03% | 8.16% | 6.13% |
Growth
Health
Dividend
Size
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