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DT MidstreamDTM -1.12%83 EV-to-EBITDA is 17.07 as of Jul. 18, 2026, which is 53% above its 10-year median of 11.19. GuruFocus rates DTM with a GF Score™ of 83/100 and a GF Value™ of $114.26 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 761 Oil & Gas companies, DT Midstream ranks worse than 83.31% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, DT Midstream's enterprise value is $18,160 Mil.
DT Midstream's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $1,064 Mil. Therefore, DT Midstream's EV-to-EBITDA for today is 17.07.
The historical rank and industry rank for DT Midstream's EV-to-EBITDA or its related term are showing as below:
DTM'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 9.57 Med: 11.19 Max: 17.75
Current: 17.07
During the past 8 years, the highest EV-to-EBITDA of DT Midstream was 17.75. The lowest was 9.57. And the median was 11.19.
DTM's EV-to-EBITDA is ranked worse than 83.31% of 761
companies
in the Oil & Gas industry
Industry Median: 7.53
vs DTM: 17.07
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
DT Midstream (NYSE:DTM) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
DT Midstream's PE Ratio (TTM) for today is calculated as:
DT Midstream's share price for today is $145.05.
DT Midstream's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.520.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for DT Midstream's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas Midstream subindustry, DT Midstream's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
DT Midstream EV-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, DT Midstream's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where DT Midstream's EV-to-EBITDA falls into.
DT Midstream's current Enterprise Value is $18,160 Mil.
DT Midstream's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,064 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
DT Midstream (DTM) has a EV-to-EBITDA of 17.07 as of Jul. 18, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on DT Midstream. This is 53% above median its historical median of 11.19. Over the past decade, DT Midstream's EV-to-EBITDA has ranged from 9.57 to 17.75. According to the industry distribution chart, DT Midstream ranks #634 out of 761 companies in the Oil & Gas industry, placing it in the top 83.3%.
Is DT Midstream's EV-to-EBITDA too high?
DT Midstream's current EV-to-EBITDA of 17.07 is 53% above median its 10-year median of 11.19. Over the past 10 years, this metric has ranged from a low of 9.57 to a high of 17.75. The Oil & Gas industry median EV-to-EBITDA is 7.53. DT Midstream's value of 17.07 is 126.7% above this industry median. Based on the distribution chart, DT Midstream ranks #634 out of 761 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, DT Midstream has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DT Midstream's EV-to-EBITDA compare to PAA and WES?
According to the Oil & Gas industry distribution chart, DT Midstream ranks #634 out of 761 companies for EV-to-EBITDA. This places DT Midstream in the lower half of its industry. The industry median EV-to-EBITDA is 7.53. DT Midstream's value of 17.07 is 126.7% above this benchmark. Historically, DT Midstream's own EV-to-EBITDA has ranged from 9.57 to 17.75 over the past decade. While the company's 10-year median is 11.19 vs. the industry median of 7.53, DT Midstream has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Oil & Gas company?
The median EV-to-EBITDA among Oil & Gas companies is 7.53, based on 761 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DT Midstream's current EV-to-EBITDA of 17.07 is 126.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on DT Midstream. For the Oil & Gas industry, the median EV-to-EBITDA is 7.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DT Midstream's current EV-to-EBITDA is 17.07, which is 53% above median its own 10-year median of 11.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DT Midstream stock overvalued right now?
Based on GuruFocus' analysis, DT Midstream (DTM) is currently considered Modestly Overvalued. The stock's GF Value™ is $114.26, compared to a current price of $145.05 — trading 26.9% above its estimated fair value. The current EV-to-EBITDA is 17.07, which is 53% above median its 10-year median of 11.19 and 126.7% above the Oil & Gas industry median of 7.53. DT Midstream's overall GF Score™ is 83/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For DT Midstream (DTM), the current EV-to-EBITDA is 17.07 as of Jul. 18, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is DT Midstream (DTM) Overvalued in 2026?
Based on GuruFocus' analysis, DT Midstream stock appears to be overvalued.
The current stock price of $145.05 is trading 26.9% above its estimated GF Value™ of $114.26.
GuruFocus considers DT Midstream to be Modestly Overvalued.
Key valuation signals for DTM:
EV-to-EBITDA: 17.07 (53% above median its 10-year median of 11.19)
GF Value™: $114.26 vs. price of $145.05 (26.9% above fair value)
Industry Position: 126.7% above the Oil & Gas median (#634 of 761)
No single metric tells the full story. See the DTM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DT Midstream Inc is an owner, operator, and developer of natural gas midstream interstate and intrastate pipelines; storage and gathering systems; and compression, treatment, and surface facilities. It provides multiple, integrated natural gas services to customers through interstate pipelines, intrastate pipelines, storage systems, lateral pipelines and related treatment plants and compression and surface facilities, and gathering systems and related treatment plants and compression and surface facilities. The segments of the group are Pipeline and Gathering. It generates maximum revenue from pipeline segment that includes interstate pipelines, storage systems, gathering lateral pipelines and compression and surface facilities.
83GF Score
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