DT Midstream Inc (DTM)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 489,000 | 496,000 | 498,000 | 485,000 | 522,000 | 563,000 | 560,000 | 580,000 | 559,000 | 508,000 | 493,000 | 442,000 | 402,000 | 386,000 | 404,000 | 418,000 | 414,000 |
| 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 |
| Operating profit margin | 49.85% | 50.82% | 51.77% | 51.49% | 56.62% | 61.13% | 60.74% | 62.70% | 60.76% | 56.44% | 56.21% | 51.52% | 47.86% | 46.79% | 49.51% | 53.45% | 54.91% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $489,000K ÷ $981,000K
= 49.85%
DT Midstream Inc's operating profit margin has shown some fluctuations over the years. Starting at 54.91% as of December 31, 2020, the margin slightly decreased to 53.45% by March 31, 2021. Subsequently, there was a noticeable decline to 49.51% by June 30, 2021, and further dropped to 46.79% by September 30, 2021. However, there was a recovery to 47.86% by December 31, 2021.
During the first half of 2022, the operating profit margin improved significantly to 51.52% by March 31, followed by a notable increase to 56.21% by June 30, 2022. The positive trend continued, reaching 56.44% by September 30, 2022, and peaking at 60.76% by December 31, 2022.
In the first half of 2023, the margin remained relatively high at 62.70% by March 31 but experienced a slight decline to 60.74% by June 30, 2023. By September 30, 2023, the margin slightly recovered to 61.13%. However, in the following periods, there were fluctuations with a decrease to 56.62% by December 31, 2023, and a further decline to 51.49% by March 31, 2024.
As of the most recent data available, the operating profit margin stood at 51.77% by June 30, 2024, showing a slight improvement from the previous period. The trend continued with a margin of 50.82% by September 30, 2024, and a further decrease to 49.85% by December 31, 2024.
Overall, DT Midstream Inc's operating profit margin has exhibited variability over time, with some periods of improvement and decline. The company may need to closely monitor and manage its operational efficiency and cost structure to sustain and enhance its profitability in the future.
Peer comparison
Dec 31, 2024