XNYS
DTM
Market cap10bUSD
Jun 16, Last price
105.00USD
1D
0.07%
1Q
10.98%
IPO
153.12%
Name
DT Midstream Inc
Chart & Performance
P/E
30.13
P/S
10.87
EPS
3.48
Div Yield, %
2.07%
Shrs. gr., 5y
0.32%
Rev. gr., 5y
14.25%
Revenues
981m
+6.40%
Net income
354m
-7.81%
CFO
763m
-4.39%
Dividend
Sep 16, 20240.735 USD/sh
Profile
DT Midstream, Inc. provides integrated natural gas services in the United States. The company operates through two segments, Pipeline and Gathering. It develops, owns, and operates an integrated portfolio of interstate pipelines, intrastate pipelines, storage systems, lateral pipelines, gathering systems, related treatment plants, and compression and surface facilities. The company engages in the transportation and storage of natural gas for intermediate and end user customers; and collecting natural gas from points at or near customers' wells for delivery to plants for processing, to gathering pipelines for gathering, or to pipelines for transportation, as well as offers compression, dehydration, gas treatment, water impoundment, water storage, water transportation, and sand mining services. It serves natural gas producers, local distribution companies, electric power generators, industrials, and national marketers. The company was incorporated in 2021 and is headquartered in Detroit, Michigan.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|
| 2024‑12 | 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | |
| Income | |||||||
Revenues | 981,000 6.40% | 922,000 0.22% | 920,000 9.52% | ||||
Cost of revenue | 244,000 | 427,000 | 267,000 | ||||
Unusual Expense (Income) | |||||||
NOPBT | 737,000 | 495,000 | 653,000 | ||||
NOPBT Margin | 75.13% | 53.69% | 70.98% | ||||
Operating Taxes | 137,000 | 104,000 | 100,000 | ||||
Tax Rate | 18.59% | 21.01% | 15.31% | ||||
NOPAT | 600,000 | 391,000 | 553,000 | ||||
Net income | 354,000 -7.81% | 384,000 3.78% | 370,000 20.52% | ||||
Dividends | (280,000) | (263,000) | (244,000) | ||||
Dividend yield | 2.86% | 4.92% | 4.54% | ||||
Proceeds from repurchase of equity | 406,000 | (3,000) | |||||
BB yield | -4.15% | 0.06% | |||||
| Debt | |||||||
Debt current | 202,000 | 178,000 | 346,000 | ||||
Long-term debt | 88,000 | 3,132,000 | 3,113,000 | ||||
Deferred revenue | 111,000 | 28,000 | |||||
Other long-term liabilities | 3,683,000 | 34,000 | 36,000 | ||||
Net debt | (1,075,000) | 1,492,000 | 1,198,000 | ||||
| Cash flow | |||||||
Cash from operating activities | 763,000 | 798,000 | 725,000 | ||||
CAPEX | (772,000) | (338,000) | |||||
Cash from investing activities | (1,081,000) | (351,000) | (854,000) | ||||
Cash from financing activities | 330,000 | (452,000) | 58,000 | ||||
FCF | (669,000) | (250,000) | 325,000 | ||||
| Balance | |||||||
Cash | 68,000 | 56,000 | 61,000 | ||||
Long term investments | 1,297,000 | 1,762,000 | 2,200,000 | ||||
Excess cash | 1,315,950 | 1,771,900 | 2,215,000 | ||||
Stockholders' equity | 855,000 | 795,000 | 685,000 | ||||
Invested Capital | 7,832,000 | 6,900,000 | 6,928,000 | ||||
ROIC | 8.15% | 5.66% | 8.20% | ||||
ROCE | 7.51% | 5.67% | 7.65% | ||||
| EV | |||||||
Common stock shares outstanding | 98,400 | 97,500 | 97,200 | ||||
Price | 99.43 81.44% | 54.80 -0.83% | 55.26 15.17% | ||||
Market cap | 9,783,912 83.12% | 5,343,000 -0.53% | 5,371,272 15.73% | ||||
EV | 8,847,912 | 6,976,000 | 6,716,272 | ||||
EBITDA | 964,000 | 695,000 | 842,000 | ||||
EV/EBITDA | 9.18 | 10.04 | 7.98 | ||||
Interest | 153,000 | 150,000 | 137,000 | ||||
Interest/NOPBT | 20.76% | 30.30% | 20.98% | ||||