DT Midstream Inc (DTM)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 666,000 | 596,000 | 577,000 | 602,000 | 628,000 | 478,000 | 472,000 | 472,000 | 464,000 | 603,000 | 587,000 | 631,000 | 624,000 | 509,000 | 516,000 | 449,000 | 438,000 |
| Revenue (ttm) | US$ in thousands | 981,000 | 976,000 | 962,000 | 942,000 | 922,000 | 921,000 | 922,000 | 925,000 | 920,000 | 900,000 | 877,000 | 858,000 | 840,000 | 825,000 | 816,000 | 782,000 | 754,000 |
| Gross profit margin | 67.89% | 61.07% | 59.98% | 63.91% | 68.11% | 51.90% | 51.19% | 51.03% | 50.43% | 67.00% | 66.93% | 73.54% | 74.29% | 61.70% | 63.24% | 57.42% | 58.09% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $666,000K ÷ $981,000K
= 67.89%
DT Midstream Inc's gross profit margin has displayed fluctuations over the past few years, ranging from as low as 50.43% in December 2022 to as high as 74.29% in December 2021. The company experienced a general upward trend in gross profit margin from December 2021 to June 2022, reaching a peak of 74.29% before experiencing a significant decline to 50.43% by December 2022.
Subsequently, there was a gradual recovery in the gross profit margin, demonstrating an increasing trend from December 2022 to December 2024, with the margin improving to 67.89% by the end of 2024. Overall, while the gross profit margin has shown variability, the trend indicates a general improvement in the company's ability to generate profit from its core operations over the analyzed period. Continued monitoring of the gross profit margin will be essential to assess the company's profitability and operational efficiency.
Peer comparison
Dec 31, 2024