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
Company name
Symbol
Operating profit margin
DT Midstream Inc
DTM
51.08%
Antero Midstream Partners LP
AM
58.73%
Kinder Morgan Inc
KMI
27.80%
Targa Resources Inc
TRGP
16.35%
Williams Companies Inc
WMB
39.53%