The current PE ratio for DT Midstream stock as of May 6, 2024 is 15.44. This is calculated based on the current EPS of $4.12 and the stock price of $63.6 per share. The P/E ratio has an increase of 10% from the past four quarters average of 14.1.
The average historical PE ratio of DT Midstream for the last three years is 14.46. The current PE ratio of 15.44 is 7% above the historical average. Over the past three years, DTM's PE ratio was at its highest in the Mar 2022 quarter at 16.96, when the stock price was $54.26 and the EPS was $3.2. The lowest value was in the Mar 2023 quarter, when it reached 12.89 with a price of $49.37 and an EPS of $3.83.
Maximum annual decrease: -4.69% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 13.8 | -4.37% |
| 2022 | 14.43 | -4.69% |
| 2021 | 15.14 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
DTM's PE ratio is lower than its peer stock KMI, but it is greater than KNTK's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| KNTK Kinetik Holdings Inc | 7.31 | $5.8B |
| DTM DT Midstream Inc | 15.44 | $6.18B |
| KMI Kinder Morgan Inc | 17.07 | $41.3B |
| NEXT NextDecade Corp | N/A | $1.68B |
DTM's price to earnings ratio is 15.44 as of May 6, 2024.
In the last three years, the Mar 2022 quarter recorded the highest quarterly PE ratio at 16.96.
The current price to earnings ratio of DTM is 7% higher than the 3-year historical average.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (May 6, 2024), DT Midstream's stock price is $63.6. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $4.12. Therefore, DT Midstream's P/E ratio for today is 15.44. PE RATIO(15.44) = STOCK PRICE($63.6) / TTM EPS($4.12)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.