DT Midstream Financials

DTM Stock  USD 105.81  0.94  0.88%   
Based on the analysis of DT Midstream's profitability, liquidity, and operating efficiency, DT Midstream may be sliding down financialy. It has an above-average risk of going through some form of financial distress next quarter. At this time, DT Midstream's Cash is very stable compared to the past year. As of the 28th of November 2024, Non Current Assets Total is likely to grow to about 8.9 B, while Total Current Liabilities is likely to drop about 412.3 M. Key indicators impacting DT Midstream's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.450.4165
Significantly Up
Slightly volatile
Return On Assets0.03110.0428
Way Down
Slightly volatile
Return On Equity0.06740.0928
Way Down
Slightly volatile
Debt Equity Ratio0.640.7804
Significantly Down
Pretty Stable
Operating Income467.7 M467 M
Slightly Up
Slightly volatile
Current Ratio0.460.6267
Way Down
Slightly volatile
Investors should never underestimate DT Midstream's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor DT Midstream's cash flow, debt, and profitability to make informed and accurate decisions about investing in DT Midstream.

Net Income

331.47 Million

  
Understanding current and past DT Midstream Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of DT Midstream's financial statements are interrelated, with each one affecting the others. For example, an increase in DT Midstream's assets may result in an increase in income on the income statement.

DT Midstream Stock Summary

DT Midstream competes with Western Midstream, MPLX LP, Hess Midstream, Brooge Holdings, and Plains GP. DT Midstream, Inc. provides integrated natural gas services in the United States. The company was incorporated in 2021 and is headquartered in Detroit, Michigan. Dt Midstream operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 280 people.
Specialization
Energy, Oil & Gas Midstream
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS23345M1071
CUSIP23345M107
LocationMichigan; U.S.A
Business Address500 Woodward Avenue,
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkDow Jones Industrial
Websitewww.dtmidstream.com
Phone313 402 8532
CurrencyUSD - US Dollar

DT Midstream Key Financial Ratios

DT Midstream Key Balance Sheet Accounts

201920202021202220232024 (projected)
Other Current Liab35M33M105M120M110M81.4M
Other Liab632M798M911M987M1.1B840.6M
Net Tangible Assets903M1.5B3.9B4.0B4.6B2.5B
Retained Earnings501M751M431M547M661M596.2M
Accounts Payable49M39M22M119M94M67.3M
Other Assets26M40M34M32M36.8M33.2M
Net Receivables227M400M178M161M169M186.9M
Other Current Assets27M41M50M40M47M41.3M
Total Current Assets300M483M360M262M272M265.3M

DT Midstream Key Income Statement Accounts

201920202021202220232024 (projected)
Net Interest Income(67M)(104M)(108M)(147M)(132.3M)(138.9M)
Interest Income31M4M18M3M2M1.9M
Interest Expense75M113M112M137M150M120.3M
Total Revenue504M754M840M920M922M811.3M
Gross Profit400M427M609M653M495M562.7M
Operating Income368M414M551M478M467M467.7M
Ebit368M553M534M619M650M572.7M
Ebitda478M722M718M808M850M743.8M
Income Before Tax292M440M422M482M500M452.3M
Net Income204M312M307M370M384M331.5M

DT Midstream Key Cash Accounts

201920202021202220232024 (projected)
Investments(139M)(30M)(2M)34M(927M)(880.7M)
Change In Cash20M(4M)90M(71M)(5M)(4.8M)
Net Borrowings1.2B253M3.0B322M370.3M351.8M
Free Cash Flow179M79M432M387M26M24.7M
Depreciation110M152M184M189M200M167.9M
Capital Expenditures211M518M140M338M772M395.1M
Net Income220M324M318M382M384M346.0M
End Period Cash Flow46M42M132M61M56M66.6M
Change To Netincome127M147M124M131M150.7M122.5M

DTM Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining DT Midstream's current stock value. Our valuation model uses many indicators to compare DT Midstream value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across DT Midstream competition to find correlations between indicators driving DT Midstream's intrinsic value. More Info.
DT Midstream is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.37  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for DT Midstream is roughly  2.73 . At this time, DT Midstream's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value DT Midstream by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

DT Midstream Systematic Risk

DT Midstream's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. DT Midstream volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on DT Midstream correlated with the market. If Beta is less than 0 DT Midstream generally moves in the opposite direction as compared to the market. If DT Midstream Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one DT Midstream is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of DT Midstream is generally in the same direction as the market. If Beta > 1 DT Midstream moves generally in the same direction as, but more than the movement of the benchmark.

DT Midstream Thematic Clasifications

DT Midstream is part of Utilities investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Utilities industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
UtilitiesView
This theme covers USA Equities from Utilities industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in DT Midstream Stock are looking for potential investment opportunities by analyzing not only static indicators but also various DT Midstream's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of DT Midstream growth as a starting point in their analysis.

Price Earnings To Growth Ratio

4.28

At this time, DT Midstream's Price Earnings To Growth Ratio is very stable compared to the past year.

DT Midstream November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of DT Midstream help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of DT Midstream. We use our internally-developed statistical techniques to arrive at the intrinsic value of DT Midstream based on widely used predictive technical indicators. In general, we focus on analyzing DTM Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build DT Midstream's daily price indicators and compare them against related drivers.
When determining whether DT Midstream is a strong investment it is important to analyze DT Midstream's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DT Midstream's future performance. For an informed investment choice regarding DTM Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DT Midstream. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in DTM Stock, please use our How to Invest in DT Midstream guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DT Midstream. If investors know DTM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DT Midstream listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.04)
Dividend Share
2.895
Earnings Share
4.11
Revenue Per Share
10.057
Quarterly Revenue Growth
0.06
The market value of DT Midstream is measured differently than its book value, which is the value of DTM that is recorded on the company's balance sheet. Investors also form their own opinion of DT Midstream's value that differs from its market value or its book value, called intrinsic value, which is DT Midstream's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DT Midstream's market value can be influenced by many factors that don't directly affect DT Midstream's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DT Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if DT Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DT Midstream's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.