DT Midstream Inc (DTM)
Gross profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 692,000 | 700,000 | 705,000 | 708,000 | 705,000 | 699,000 | 674,000 | 658,000 |
| Revenue (ttm) | US$ in thousands | 922,000 | 921,000 | 922,000 | 925,000 | 920,000 | 900,000 | 877,000 | 858,000 |
| Gross profit margin | 75.05% | 76.00% | 76.46% | 76.54% | 76.63% | 77.67% | 76.85% | 76.69% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $692,000K ÷ $922,000K
= 75.05%
DT Midstream Inc has consistently maintained a gross profit margin of 100% across all quarters in the provided data. A gross profit margin of 100% indicates that the company is able to generate revenue that fully covers the cost of goods sold, resulting in no direct costs deducted from its revenue. This could imply efficient cost management, pricing strategies, or a stable revenue stream. However, it is important to note that a gross profit margin of 100% may not be sustainable in the long term, as it may indicate potential limitations in the company's growth or scalability. Further analysis of the company's operational efficiency and competitive position would be necessary to understand the underlying factors driving this consistent performance.
Peer comparison
Dec 31, 2023