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DT Midstream (DT Midstream) Net Margin % : 40.42% (As of Mar. 2024)


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What is DT Midstream Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. DT Midstream's Net Income for the three months ended in Mar. 2024 was $97.0 Mil. DT Midstream's Revenue for the three months ended in Mar. 2024 was $240.0 Mil. Therefore, DT Midstream's net margin for the quarter that ended in Mar. 2024 was 40.42%.

The historical rank and industry rank for DT Midstream's Net Margin % or its related term are showing as below:

DTM' s Net Margin % Range Over the Past 10 Years
Min: 36.55   Med: 40.93   Max: 47.63
Current: 42.46


DTM's Net Margin % is ranked better than
92.45% of 980 companies
in the Oil & Gas industry
Industry Median: 4.1 vs DTM: 42.46

DT Midstream Net Margin % Historical Data

The historical data trend for DT Midstream's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

DT Midstream Net Margin % Chart

DT Midstream Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 40.48 41.38 36.55 40.22 41.65

DT Midstream Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.82 40.63 38.89 49.59 40.42

Competitive Comparison of DT Midstream's Net Margin %

For the Oil & Gas Midstream subindustry, DT Midstream's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


DT Midstream's Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, DT Midstream's Net Margin % distribution charts can be found below:

* The bar in red indicates where DT Midstream's Net Margin % falls into.



DT Midstream Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

DT Midstream's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=384/922
=41.65 %

DT Midstream's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=97/240
=40.42 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


DT Midstream  (NYSE:DTM) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


DT Midstream Net Margin % Related Terms

Thank you for viewing the detailed overview of DT Midstream's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


DT Midstream (DT Midstream) Business Description

Traded in Other Exchanges
N/A
Address
500 Woodward Avenue, Suite 2900, Detroit, MI, USA, 48226-1279
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 revenue from pipeline, storage, and gathering systems, substantially all of which are located in the Midwestern U.S., Eastern Canada, Northeastern U.S., and Gulf Coast regions.
Executives
Jeffrey A Jewell officer: Executive V.P., CFO ONE ENERGY PLAZA, DETROIT MI 48226
Peter I Tumminello director TEN PEACHTREE PLACE, ATLANTA GA 30309
Skaggs Robert C Jr director, officer: Executive Chairman 5151 SAN FELIPE, SUITE 2500, HOUSTON TX 77056
Elaine M Pickle director ONE ENERGY PLAZA, DETROIT MI 48226
David Slater director, officer: President and CEO ONE ENERGY PLAZA, DETROIT MI 48226
Angela N Archon director 294 ROUTE 100, BUILDING 1, SOMERS NY 10589
Melissa Cox officer: Sr. VP Admin. 500 WOODWARD AVE, SUITE 2900, DETROIT MI 48226
Wright Iii Lassiter director 500 PLAZA DRIVE, C/O QUEST DIAGNOSTICS, SECAUCUS NJ 07094
Dwayne Andree Wilson director 6700 LAS COLINAS BOULEVARD, IRVING TX 75039
Stephen W Baker director 5400 WESTHEIMER COURT, HOUSTON TX 77056
Redmond Richard L Jr officer: E.V.P., Chief Admin. Off. ONE ENERGY PLAZA, DETROIT MI 48226
Wendy Ellis officer: E.V.P., Gen Counsel & Corp Sec ONE ENERGY PLAZA, 1610 WCB, DETROIT MI 48226
Christopher Zona officer: E.V.P., Chief Oper. Off. ONE ENERGY PLAZA, DETROIT MI 48226
Dte Energy Co 10 percent owner ONE ENERGY PLAZA, DETROIT MI 48226