DTM vs WMB

For growth investors, DT Midstream, Inc.

(DTM) is the stronger pick with 26. 7% revenue growth year-over-year, versus 13. 8% for The Williams Companies, Inc. (WMB). DT Midstream, Inc. (DTM) offers the better valuation at 32. 6x trailing P/E (30. 5x forward), making it the more compelling value choice. Analysts rate The Williams Companies, Inc. (WMB) a "Buy" — based on 34 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, DT Midstream, Inc.

(DTM) is the cheapest at 32. 6x versus The Williams Companies, Inc. at 34. 5x. On forward P/E, DT Midstream, Inc. is actually cheaper at 30. 5x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: The Williams Companies, Inc. wins at 0. 48x versus DT Midstream, Inc. 's 4. 63x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.

Over the past 5 years, DT Midstream, Inc.

(DTM) delivered a total return of +278. 1%, compared to +232. 0% for The Williams Companies, Inc. (WMB). Over 10 years, the gap is even starker: WMB returned +357. 0% versus DTM's +278. 1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), The Williams Companies, Inc.

(WMB) is the lower-risk stock at 0. 17β versus DT Midstream, Inc. 's 0. 26β — meaning DTM is approximately 51% more volatile than WMB relative to the S&P 500. On balance sheet safety, DT Midstream, Inc. (DTM) carries a lower debt/equity ratio of 70% versus 196% for The Williams Companies, Inc. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), DT Midstream, Inc.

(DTM) is pulling ahead at 26. 7% versus 13. 8% for The Williams Companies, Inc. (WMB). On earnings-per-share growth, the picture is similar: DT Midstream, Inc. grew EPS 23. 1% year-over-year, compared to 17. 6% for The Williams Companies, Inc.. Over a 3-year CAGR, DTM leads at 10. 6% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

DT Midstream, Inc.

(DTM) is the more profitable company, earning 35. 5% net margin versus 21. 9% for The Williams Companies, Inc. — meaning it keeps 35. 5% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: DTM leads at 49. 4% versus 36. 8% for WMB. At the gross margin level — before operating expenses — DTM leads at 73. 5%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.

By this metric, The Williams Companies, Inc. (WMB) is the more undervalued stock at a PEG of 0. 48x versus DT Midstream, Inc. 's 4. 63x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, DT Midstream, Inc. (DTM) trades at 30. 5x forward P/E versus 31. 6x for The Williams Companies, Inc. — 1. 1x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for WMB: 7. 1% to $79. 00.

All stocks in this comparison pay dividends.

The Williams Companies, Inc. (WMB) offers the highest yield at 2. 7%, versus 2. 2% for DT Midstream, Inc. (DTM).

For long-horizon retirement investors, The Williams Companies, Inc.

(WMB) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 17), 2. 7% yield, +357. 0% 10Y return). Both have compounded well over 10 years (WMB: +357. 0%, DTM: +278. 1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Energy sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

In terms of investment character: DTM is a mid-cap high-growth stock; WMB is a mid-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.