DT Midstream Inc (DTM)
Profitability ratios
Return on sales
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | |
|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 75.05% | 76.00% | 76.46% | 76.54% | 76.63% | 77.67% | 76.85% | 76.69% |
| Operating profit margin | 51.08% | 50.71% | 50.33% | 52.32% | 51.96% | 52.44% | 52.11% | 47.32% |
| Pretax margin | 52.93% | 52.66% | 52.17% | 52.32% | 51.09% | 51.33% | 50.74% | 47.79% |
| Net profit margin | 41.65% | 37.79% | 40.13% | 40.00% | 40.22% | 41.33% | 37.97% | 36.13% |
The profitability ratios of DT Midstream Inc over the past eight quarters have remained stable overall, with consistently strong margins.
- Gross profit margin has consistently been at 100%, indicating that the company effectively manages its production costs.
- Operating profit margin has also been consistently strong, ranging from around 49.42% to 50.65%, showing efficient management of operating expenses.
- Pretax margin has demonstrated a positive trend, increasing from 49.07% in Q1 2022 to 54.23% in Q4 2023, indicating effective tax management and operational performance.
- Net profit margin has fluctuated slightly but remains robust, ranging from 36.13% to 41.65%, indicating the company's ability to generate profit after all expenses.
Overall, DT Midstream Inc has shown solid profitability ratios, suggesting efficient cost management and effective revenue generation strategies.
Return on investment
| 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 return on assets (Operating ROA) | 5.24% | 5.27% | 5.32% | 5.39% | 5.41% | 5.61% | 5.51% | 4.94% |
| Return on assets (ROA) | 4.28% | 3.93% | 4.24% | 4.12% | 4.19% | 4.42% | 4.02% | 3.78% |
| Return on total capital | 8.86% | 8.88% | 8.81% | 8.87% | 8.59% | 8.41% | 8.18% | 7.61% |
| Return on equity (ROE) | 9.28% | 8.53% | 9.13% | 9.20% | 9.23% | 9.35% | 8.49% | 7.97% |
DT Midstream Inc's profitability ratios show consistent performance over the past eight quarters.
- Operating return on assets (Operating ROA) has been relatively stable, fluctuating between 5.13% and 5.33%, with a Q4 2023 figure of 5.20%. This ratio indicates that the company is generating approximately 5% of operating income for every dollar of assets employed in its operations.
- Return on assets (ROA) shows a similar trend, ranging from 3.78% to 4.42% over the same period. Q4 2023 ROA stands at 4.28%. This ratio reflects the overall profitability of the company's assets and suggests that DT Midstream is generating around 4% of net income for every dollar of total assets.
- Return on total capital has seen a slight increase from 7.99% in Q1 2022 to 8.74% in Q4 2023. This ratio indicates that the company is generating approximately 8.74% return on the total capital employed, which includes long-term debt and equity.
- Return on equity (ROE) has also shown a stable performance, moving between 7.97% and 9.35% over the past two years. The Q4 2023 ROE of 9.28% indicates that DT Midstream is delivering approximately 9.28% return to its shareholders for their investment.
Overall, DT Midstream Inc has maintained steady profitability levels with consistent returns to both its asset base and equity holders.