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DT MidstreamDTM -0.34%81 EV-to-OCF is 20.25 as of Jul. 26, 2026, which is 57% above its 10-year median of 12.93. GuruFocus rates DTM with a GF Score™ of 81/100 and a GF Value™ of $114.41 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,019 Oil & Gas companies, DT Midstream ranks worse than 88.22% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, DT Midstream's Enterprise Value is $18,225 Mil.
DT Midstream's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $900 Mil. Therefore, DT Midstream's EV-to-OCF for today is 20.25.
The historical rank and industry rank for DT Midstream's EV-to-OCF or its related term are showing as below:
DTM'
s EV-to-OCF Range Over the Past 10 Years
Min: 10.55 Med: 12.93 Max: 20.98
Current: 20.25
During the past 8 years, the highest EV-to-OCF of DT Midstream was 20.98. The lowest was 10.55. And the median was 12.93.
DTM's EV-to-OCF is ranked worse than 88.22% of 1019
companies
in the Oil & Gas industry
Industry Median: 5.92
vs DTM: 20.25
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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 $145.69.
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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
DT Midstream EV-to-OCF Related Terms
DT Midstream EV-to-OCF Historical Data
* Premium members only.
The historical data trend for DT Midstream's EV-to-OCF 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-OCF, along with its competitors' market caps and EV-to-OCF 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-OCF vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, DT Midstream's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where DT Midstream's EV-to-OCF falls into.
DT Midstream's current Enterprise Value is $18,225 Mil.
DT Midstream's Cash Flow from Operations 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 $900 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-OCF of 20.25 as of Jul. 26, 2026. This is 57% above median its historical median of 12.93. Over the past decade, DT Midstream's EV-to-OCF has ranged from 10.55 to 20.98. According to the industry distribution chart, DT Midstream ranks #899 out of 1019 companies in the Oil & Gas industry, placing it in the top 88.2%.
Is DT Midstream's EV-to-OCF too high?
DT Midstream's current EV-to-OCF of 20.25 is 57% above median its 10-year median of 12.93. Over the past 10 years, this metric has ranged from a low of 10.55 to a high of 20.98. The Oil & Gas industry median EV-to-OCF is 5.92. DT Midstream's value of 20.25 is 242.1% above this industry median. Based on the distribution chart, DT Midstream ranks #899 out of 1019 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, DT Midstream has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DT Midstream's EV-to-OCF compare to PAA and WES?
According to the Oil & Gas industry distribution chart, DT Midstream ranks #899 out of 1019 companies for EV-to-OCF. This places DT Midstream in the lower half of its industry. The industry median EV-to-OCF is 5.92. DT Midstream's value of 20.25 is 242.1% above this benchmark. Historically, DT Midstream's own EV-to-OCF has ranged from 10.55 to 20.98 over the past decade. While the company's 10-year median is 12.93 vs. the industry median of 5.92, 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-OCF for an Oil & Gas company?
The median EV-to-OCF among Oil & Gas companies is 5.92, based on 1,019 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DT Midstream's current EV-to-OCF of 20.25 is 242.1% 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median EV-to-OCF is 5.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DT Midstream's current EV-to-OCF is 20.25, which is 57% above median its own 10-year median of 12.93. 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 $114.41, compared to a current price of $145.69 — trading 27.3% above its estimated fair value. The current EV-to-OCF is 20.25, which is 57% above median its 10-year median of 12.93 and 242.1% above the Oil & Gas industry median of 5.92. DT Midstream's overall GF Score™ is 81/100 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For DT Midstream (DTM), the current EV-to-OCF is 20.25 as of Jul. 26, 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 $145.69 is trading 27.3% above its estimated GF Value™ of $114.41.
GuruFocus considers DT Midstream to be Modestly Overvalued.
Key valuation signals for DTM:
EV-to-OCF: 20.25 (57% above median its 10-year median of 12.93)
GF Value™: $114.41 vs. price of $145.69 (27.3% above fair value)
Industry Position: 242.1% above the Oil & Gas median (#899 of 1019)
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.
81GF Score
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