DTM (DT Midstream) Interest Coverage: 4.18 (As of Mar. 2026) — 17% Above Median


DTM DT Midstream Inc DTM
83 GF Score
Price $149.75
GF Value $113.75
Valuation Significantly Overvalued
! 9 Warning Signs
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What is DT Midstream Interest Coverage?

DT Midstream DTM +1.81% 83 Interest Coverage is 4.18 as of Mar. 2026, which is 17% above its 10-year median of 3.57. GuruFocus rates DTM with a GF Score™ of 83/100 and a GF Value™ of $113.75 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 728 Oil & Gas companies, DT Midstream ranks worse than 59.89% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. DT Midstream's Operating Income for the three months ended in Mar. 2026 was $167 Mil. DT Midstream's Interest Expense for the three months ended in Mar. 2026 was $-40 Mil. DT Midstream's interest coverage for the quarter that ended in Mar. 2026 was 4.18. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for DT Midstream's Interest Coverage or its related term are showing as below:

DTM' s Interest Coverage Range Over the Past 10 Years
Min: 3.11   Med: 3.57   Max: 3.96
Current: 3.93


DTM's Interest Coverage is ranked worse than
59.89% of 728 companies
in the Oil & Gas industry
Industry Median: 5.885 vs DTM: 3.93

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


DT Midstream  (NYSE:DTM) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


DT Midstream Interest Coverage Related Terms


DT Midstream Interest Coverage Historical Data

* Premium members only.

The historical data trend for DT Midstream's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

DT Midstream Interest Coverage Chart

DT Midstream Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 3.74 3.32 3.11 3.20 3.81

DT Midstream Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.70 3.88 3.88 3.80 4.18

DTM vs PAA, WES, AM: Interest Coverage Comparison

For the Oil & Gas Midstream subindustry, DT Midstream's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, DT Midstream's Interest Coverage distribution charts can be found below:

* The bar in red indicates where DT Midstream's Interest Coverage falls into.


DTM
83GF Score
DT Midstream Inc DTM
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DT Midstream Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

DT Midstream's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, DT Midstream's Interest Expense was $-161 Mil. Its Operating Income was $614 Mil. And its Long-Term Debt & Capital Lease Obligation was $3,356 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*614/-161
=3.81

DT Midstream's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, DT Midstream's Interest Expense was $-40 Mil. Its Operating Income was $167 Mil. And its Long-Term Debt & Capital Lease Obligation was $3,354 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*167/-40
=4.18

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 4.18 mean?
DT Midstream (DTM) has a Interest Coverage of 4.18 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on DT Midstream and its competitors. This is 17% above median its historical median of 3.57. Over the past decade, DT Midstream's Interest Coverage has ranged from 3.11 to 3.96. According to the industry distribution chart, DT Midstream ranks #436 out of 728 companies in the Oil & Gas industry, placing it in the top 59.9%.
Is DT Midstream's Interest Coverage too high?
DT Midstream's current Interest Coverage of 4.18 is 17% above median its 10-year median of 3.57. Over the past 10 years, this metric has ranged from a low of 3.11 to a high of 3.96. The Oil & Gas industry median Interest Coverage is 5.89. DT Midstream's value of 4.18 is 29% below this industry median. Based on the distribution chart, DT Midstream ranks #436 out of 728 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, DT Midstream has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DT Midstream's Interest Coverage compare to PAA and WES?
According to the Oil & Gas industry distribution chart, DT Midstream ranks #436 out of 728 companies for Interest Coverage. This places DT Midstream in the lower half of its industry. The industry median Interest Coverage is 5.89. DT Midstream's value of 4.18 is 29% below this benchmark. Historically, DT Midstream's own Interest Coverage has ranged from 3.11 to 3.96 over the past decade. While the company's 10-year median is 3.57 vs. the industry median of 5.89, DT Midstream has consistently been below 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 Interest Coverage for an Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 5.89, based on 728 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DT Midstream's current Interest Coverage of 4.18 is 29% below 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on DT Midstream and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DT Midstream's current Interest Coverage is 4.18, which is 17% above median its own 10-year median of 3.57. 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 Significantly Overvalued. The stock's GF Value™ is $113.75, compared to a current price of $149.75 — trading 31.6% above its estimated fair value. The current Interest Coverage is 4.18, which is 17% above median its 10-year median of 3.57 and 29% below the Oil & Gas industry median of 5.89. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For DT Midstream (DTM), the current Interest Coverage is 4.18 as of Mar. 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 $149.75 is trading 31.6% above its estimated GF Value™ of $113.75. GuruFocus considers DT Midstream to be Significantly Overvalued.

Key valuation signals for DTM:

  • Interest Coverage: 4.18 (17% above median its 10-year median of 3.57)
  • GF Value™: $113.75 vs. price of $149.75 (31.6% above fair value)
  • GF Score™: 83/100 with 9 warning signs
  • Industry Position: 29% below the Oil & Gas median (#436 of 728)

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 Business Description

Industry EnergyOil & Gas
Address 500 Woodward Avenue, Suite 2900, Detroit, MI, USA, 48226-1279
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

Get the complete analysis for DTM

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$149.75
Price
$113.75
GF Value