DT Midstream, Inc. (DTM) Revenue History
Annual and quarterly revenue from 2018 to 2025
Compound Annual Growth Rate (CAGR)
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DTM Revenue Growth
Revenue Breakdown (FY 2025)
DTM's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
DTM Revenue Analysis (2018–2025)
As of May 8, 2026, DT Midstream, Inc. (DTM) generated trailing twelve-month (TTM) revenue of $1.28 billion, reflecting strong growth of +10.9% year-over-year. The most recent quarter (Q1 2026) recorded $336.0 million in revenue, up 6.0% sequentially.
Looking at the longer-term picture, DTM's 5-year compound annual growth rate (CAGR) stands at +10.5%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $1.24 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows DTM's business is primarily driven by Pipeline Segment (55%), and Gathering Segment (45%). With over half of revenue concentrated in Pipeline Segment, the company maintains significant focus in this area while developing other growth vectors.
When compared to Energy sector peers including WMB (+10.6% YoY), KMI (+13.1% YoY), and TRP (+23.3% YoY), DTM has underperformed the peer group in terms of revenue growth. Compare DTM vs WMB →
DTM Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| DTMCurrent | $1.3B | +10.9% | +10.5% | 49.4% | |
 WMB | $11.9B | +10.6% | +9.1% | 36.8% | |
 KMI | $16.9B | +13.1% | +8.1% | 28.4% | |
 TRP | $15.2B | +23.3% | +3.2% | 44.2% | |
 TRGP | $17.1B | -2.3% | +15.7% | 20.1% | |
 OKE | $33.6B | +41.0% | +31.8% | 20.7% |
DTM Historical Revenue Data (2018–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.24B | +26.7% | $914.0M | 73.5% | $614.0M | 49.4% |
| 2024 | $981.0M | +6.4% | $528.0M | 53.8% | $489.0M | 49.8% |
| 2023 | $922.0M | +0.2% | $495.0M | 53.7% | $467.0M | 50.7% |
| 2022 | $920.0M | +9.5% | $483.0M | 52.5% | $455.0M | 49.5% |
| 2021 | $840.0M | +11.4% | $443.0M | 52.7% | $419.0M | 49.9% |
| 2020 | $754.0M | +49.6% | $427.0M | 56.6% | $412.0M | 54.6% |
| 2019 | $504.0M | +3.9% | $400.0M | 79.4% | $368.0M | 73.0% |
| 2018 | $485.0M | - | $363.0M | 74.8% | $273.0M | 56.3% |
Full DTM Stock Analysis
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Start ComparisonDTM — Frequently Asked Questions
Quick answers to the most common questions about buying DTM stock.
Is DTM's revenue growth accelerating or slowing?
DTM maintains +10.9% revenue growth, in line with its 5-year CAGR of +10.5%. TTM revenue stands at $1.3B. Growth rate remains consistent with historical average.
What is DTM's long-term revenue growth rate?
DT Midstream, Inc.'s 5-year revenue CAGR of +10.5% reflects the sustained expansion pattern. Current YoY growth of +10.9% is near this long-term average.
How is DTM's revenue distributed by segment?
DTM reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2018-2025 are available for download. Segment mix reveals concentration and diversification trends.