DT Midstream Inc (DTM)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 657,000 | 667,000 | 673,000 | 660,000 | 650,000 | 646,000 | 639,000 | 640,000 | 619,000 | 621,000 | 600,000 | 556,000 | 549,000 | 386,000 | 422,000 | 431,000 | 425,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 4,627,000 | 4,218,000 | 4,197,000 | 4,166,000 | 4,139,000 | 4,079,000 | 4,052,000 | 4,023,000 | 4,007,000 | 3,978,000 | 3,923,000 | 3,890,000 | 3,872,000 | 3,839,000 | 3,830,000 | 3,888,000 | 4,073,000 |
| Return on total capital | 14.20% | 15.81% | 16.04% | 15.84% | 15.70% | 15.84% | 15.77% | 15.91% | 15.45% | 15.61% | 15.29% | 14.29% | 14.18% | 10.05% | 11.02% | 11.09% | 10.43% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $657,000K ÷ ($—K + $4,627,000K)
= 14.20%
DT Midstream Inc's return on total capital has shown a generally increasing trend over the past few years. Starting at 10.43% in December 2020, the return on total capital increased consistently, reaching 16.04% by June 30, 2024. This indicates that the company has been effectively utilizing its capital to generate returns for its investors.
Despite the positive trend, there was a slight dip in the return on total capital in December 2024, falling to 14.20%. This could be due to various factors affecting the company's operations or financial performance during that period.
Overall, DT Midstream Inc's return on total capital demonstrates a strong performance, with the company effectively managing its capital resources to generate healthy returns for its stakeholders.
Peer comparison
Dec 31, 2024