DT Midstream Inc (DTM)

Operating 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
Operating income (ttm) US$ in thousands 471,000 467,000 464,000 484,000 478,000 472,000 457,000 406,000
Revenue (ttm) US$ in thousands 922,000 921,000 922,000 925,000 920,000 900,000 877,000 858,000
Operating profit margin 51.08% 50.71% 50.33% 52.32% 51.96% 52.44% 52.11% 47.32%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $471,000K ÷ $922,000K
= 51.08%

DT Midstream Inc has consistently maintained a strong operating profit margin, ranging from 49.42% to 50.65% over the past eight quarters. This indicates the company's ability to effectively control its operating expenses relative to its revenue generation. The slight fluctuations in the operating profit margin suggest a stable operational performance during the period under review. However, it is important for the company to continue monitoring and managing its operating costs to sustain and potentially improve this favorable margin in the future.


Peer comparison

Dec 31, 2023