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- DT Midstream
DT Midstream Valuation Multiples
Discover revenue and EBITDA valuation multiples for DT Midstream and similar public comparables like Chubu Electric Power, Hitachi Energy India, Gazprom Neft, Doosan and more.
DT Midstream Overview
About DT Midstream
DT Midstream Inc is an owner, operator, and developer of natural gas midstream interstate and intrastate pipelines; storage and gathering systems; and compression, treatment, and surface facilities. It provides multiple, integrated natural gas services to customers through interstate pipelines, intrastate pipelines, storage systems, lateral pipelines and related treatment plants and compression and surface facilities, and gathering systems and related treatment plants and compression and surface facilities. The segments of the group are Pipeline and Gathering. It generates maximum revenue from pipeline segment that includes interstate pipelines, storage systems, gathering lateral pipelines and compression and surface facilities.
Founded
2021
HQ

Employees
588
Website
Financials (LTM)
EV
$17B
DT Midstream Financials
DT Midstream reported last 12-month revenue of $1B and EBITDA of $1B.
In the same LTM period, DT Midstream generated $1B in EBITDA and $454M in net income.
Revenue (LTM)
DT Midstream P&L
In the most recent fiscal year, DT Midstream reported revenue of $1B and EBITDA of $1B.
DT Midstream expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $1B | XXX | $1B | XXX | XXX | XXX |
| Gross Profit | — | XXX | $985M | XXX | XXX | XXX |
| Gross Margin | — | XXX | 79% | XXX | XXX | XXX |
| EBITDA | $1B | XXX | $1B | XXX | XXX | XXX |
| EBITDA Margin | 92% | XXX | 92% | XXX | XXX | XXX |
| EBIT Margin | 50% | XXX | 50% | XXX | XXX | XXX |
| Net Profit | $454M | XXX | $441M | XXX | XXX | XXX |
| Net Margin | 36% | XXX | 35% | XXX | XXX | XXX |
| Net Debt | — | — | $3B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
DT Midstream Stock Performance
DT Midstream has current market cap of $14B, and enterprise value of $17B.
Market Cap Evolution
DT Midstream's stock price is $134.24.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $17B | $14B | 1.9% | XXX | XXX | XXX | $4.32 |
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Start Free TrialDT Midstream Valuation Multiples
DT Midstream trades at 13.5x EV/Revenue multiple, and 14.7x EV/EBITDA.
EV / Revenue (LTM)
DT Midstream Financial Valuation Multiples
As of April 18, 2026, DT Midstream has market cap of $14B and EV of $17B.
Equity research analysts estimate DT Midstream's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
DT Midstream has a P/E ratio of 30.2x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $14B | XXX | $14B | XXX | XXX | XXX |
| EV (current) | $17B | XXX | $17B | XXX | XXX | XXX |
| EV/Revenue | 13.5x | XXX | 13.7x | XXX | XXX | XXX |
| EV/EBITDA | 14.7x | XXX | 14.9x | XXX | XXX | XXX |
| EV/EBIT | 27.1x | XXX | 27.6x | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 17.3x | XXX | XXX | XXX |
| P/E | 30.2x | XXX | 31.1x | XXX | XXX | XXX |
| EV/FCF | 36.4x | XXX | 35.8x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified DT Midstream Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


DT Midstream Margins & Growth Rates
DT Midstream's revenue in the last 12 month grew by 7%.
DT Midstream's revenue per employee in the last FY averaged $2.1M, while opex per employee averaged $0.6M for the same period.
DT Midstream's rule of 40 is 98% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
DT Midstream's rule of X is 108% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
DT Midstream Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 7% | XXX | 6% | XXX | XXX | XXX |
| EBITDA Margin | 92% | XXX | 92% | XXX | XXX | XXX |
| EBITDA Growth | 7% | XXX | 7% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 98% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 108% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $2.1M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.6M | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 30% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
DT Midstream Public Comps
See public comps and valuation multiples for other Energy Infrastructure and Energy Production comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| DT Midstream | XXX | XXX | XXX | XXX | XXX | XXX |
| Chubu Electric Power | XXX | XXX | XXX | XXX | XXX | XXX |
| Hitachi Energy India | XXX | XXX | XXX | XXX | XXX | XXX |
| Gazprom Neft | XXX | XXX | XXX | XXX | XXX | XXX |
| Doosan | XXX | XXX | XXX | XXX | XXX | XXX |
| OMV Petrom | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
DT Midstream M&A Activity
DT Midstream acquired XXX companies to date.
Last acquisition by DT Midstream was on XXXXXXXX, XXXXX. DT Midstream acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by DT Midstream
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialDT Midstream Investment Activity
DT Midstream invested in XXX companies to date.
DT Midstream made its latest investment on XXXXXXXX, XXXXX. DT Midstream invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by DT Midstream
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout DT Midstream
| When was DT Midstream founded? | DT Midstream was founded in 2021. |
| Where is DT Midstream headquartered? | DT Midstream is headquartered in United States. |
| How many employees does DT Midstream have? | As of today, DT Midstream has over 588 employees. |
| Who is the CEO of DT Midstream? | DT Midstream's CEO is David J. Slater. |
| Is DT Midstream publicly listed? | Yes, DT Midstream is a public company listed on NYSE. |
| What is the stock symbol of DT Midstream? | DT Midstream trades under DTM ticker. |
| When did DT Midstream go public? | DT Midstream went public in 2021. |
| Who are competitors of DT Midstream? | DT Midstream main competitors are Chubu Electric Power, Hitachi Energy India, Gazprom Neft, Doosan. |
| What is the current market cap of DT Midstream? | DT Midstream's current market cap is $14B. |
| What is the current revenue of DT Midstream? | DT Midstream's last 12 months revenue is $1B. |
| What is the current revenue growth of DT Midstream? | DT Midstream revenue growth (NTM/LTM) is 7%. |
| What is the current EV/Revenue multiple of DT Midstream? | Current revenue multiple of DT Midstream is 13.5x. |
| Is DT Midstream profitable? | Yes, DT Midstream is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of DT Midstream? | DT Midstream's last 12 months EBITDA is $1B. |
| What is DT Midstream's EBITDA margin? | DT Midstream's last 12 months EBITDA margin is 92%. |
| What is the current EV/EBITDA multiple of DT Midstream? | Current EBITDA multiple of DT Midstream is 14.7x. |
| What is the current FCF of DT Midstream? | DT Midstream's last 12 months FCF is $467M. |
| What is DT Midstream's FCF margin? | DT Midstream's last 12 months FCF margin is 37%. |
| What is the current EV/FCF multiple of DT Midstream? | Current FCF multiple of DT Midstream is 36.4x. |
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