DT Midstream Inc (DTM)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 489,000 | 467,000 | 478,000 | 551,000 | 414,000 |
| Revenue | US$ in thousands | 981,000 | 922,000 | 920,000 | 840,000 | 754,000 |
| Operating profit margin | 49.85% | 50.65% | 51.96% | 65.60% | 54.91% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $489,000K ÷ $981,000K
= 49.85%
DT Midstream Inc's operating profit margin has displayed fluctuations over the years. The margin has shown an increasing trend from December 31, 2020, at 54.91%, reaching its peak at 65.60% by December 31, 2021. However, in the following years, the operating profit margin experienced a slight decline, dropping to 51.96% by December 31, 2022, further decreasing to 50.65% by December 31, 2023, and finally resting at 49.85% by December 31, 2024. The decreasing trend in the operating profit margin could indicate challenges in controlling operating expenses or changes in the revenue structure. Further analysis of the company's cost management and revenue generation strategies may be required to understand the underlying reasons for these fluctuations.
Peer comparison
Dec 31, 2024