DT Midstream Inc (DTM)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 354,000 | 384,000 | 370,000 | 307,000 | 312,000 |
| Revenue | US$ in thousands | 981,000 | 922,000 | 920,000 | 840,000 | 754,000 |
| Net profit margin | 36.09% | 41.65% | 40.22% | 36.55% | 41.38% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $354,000K ÷ $981,000K
= 36.09%
Based on the provided data, DT Midstream Inc's net profit margin has exhibited fluctuations over the five-year period. The net profit margin was highest at 41.65% as of December 31, 2023, indicating that the company retained approximately 41.65% of its revenue as profit after deducting all expenses.
However, it decreased to 36.09% by December 31, 2024, showing a decline in profitability compared to the previous year. This could be a result of various factors such as increasing costs, economic conditions, or changes in the company's operations.
Overall, DT Midstream Inc's net profit margin has shown variability, and it's essential for stakeholders to monitor this metric closely to assess the company's financial performance and sustainability over time.
Peer comparison
Dec 31, 2024