DTM vs. ENB: DT Midstream vs. Enbridge Stock Comparison
How do DT Midstream (DTM) and Enbridge (ENB) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
DT Midstream (DTM) and Enbridge (ENB) are both classified in the Oil & Gas Storage & Transportation sub-industry within the broader Oil, Gas & Consumable Fuels industry, placing them in the closest GICS peer bucket.
Enbridge (ENB) has more than two decades of public-market history since March 15, 1984, whereas DT Midstream (DTM) listed on July 1, 2021 and has a much shorter record to draw on.
| Profile Item | DTM | ENB |
|---|---|---|
| Name | DT Midstream, Inc. | Enbridge Inc. |
| Country/Region | United States | Canada |
| GICS Sector | Energy | Energy |
| GICS Industry Group | Energy | Energy |
| GICS Industry | Oil, Gas & Consumable Fuels | Oil, Gas & Consumable Fuels |
| GICS Sub-Industry | Oil & Gas Storage & Transportation | Oil & Gas Storage & Transportation |
| Market Capitalization | 11.60 billion USD | 104.51 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | July 1, 2021 | March 15, 1984 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | DTM | ENB |
|---|---|---|
| Total Return (1Y) | 4.08% | 3.49% |
| Total Return (3Y, Annualized) | 32.58% | 19.14% |
| Total Return (5Y, Annualized) | 23.68% | 8.72% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | DTM | ENB |
|---|---|---|
| Volatility (1Y, Annualized) | 23.13% | 18.30% |
| Beta (5Y) | 0.75 | 0.59 |
| Max Drawdown (5Y) | -24.59% | -28.31% |
| Avg. Volume (3M) | 983.33K | 5.05M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | DTM | ENB |
|---|---|---|
| Sharpe Ratio (1Y) | -0.01 | -0.04 |
| Sortino Ratio (1Y) | -0.01 | -0.06 |
Profitability
ROE (TTM)
Both DT Midstream (DTM) at 9.92% and Enbridge (ENB) at 9.22% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
DTM
Energy industry group
9.92%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- DTM
- 9.92%
- Q1
- 2.03%
- Min
- -29.09%
ENB
Energy industry group
9.22%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- ENB
- 9.22%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
DT Midstream (DTM) at 35.36% retains a top-quartile share of revenue as profit, ahead of Enbridge (ENB) at 7.34%, which keeps about the industry-typical share.
DTM
Energy industry group
35.36%
- Max
- 56.92%
- DTM
- 35.36%
- Q3
- 22.92%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
ENB
Energy industry group
7.34%
- Max
- 56.92%
- Q3
- 22.92%
- Median
- 10.10%
- ENB
- 7.34%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
DT Midstream (DTM) at 49.11% operates in the top operating margin quartile, ahead of Enbridge (ENB) at 10.16%, which runs around its industry’s norm.
DTM
Energy industry group
49.11%
- Max
- 71.31%
- DTM
- 49.11%
- Q3
- 33.75%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
ENB
Energy industry group
10.16%
- Max
- 71.31%
- Q3
- 33.75%
- Median
- 18.73%
- ENB
- 10.16%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | DTM | ENB |
|---|---|---|
| ROE (TTM) | 9.92% | 9.22% |
| ROA (TTM) | 4.05% | 3.29% |
| Net Margin (TTM) | 35.36% | 7.34% |
| Operating Margin (TTM) | 49.11% | 10.16% |
| Gross Margin (TTM) | 75.38% | 32.59% |
Growth
Revenue Growth
Both DT Midstream (DTM) at 26.71% and Enbridge (ENB) at 21.92% sit in the top peer quartile for revenue growth, so each is growing its top line faster than typical industry peers.
EPS Growth
Enbridge (ENB) at 37.61% sits in the top EPS growth quartile, while DT Midstream (DTM) at 19.44% is closer to the peer norm — faster per-share earnings growth for ENB.
Growth Metrics
| Metric | DTM | ENB |
|---|---|---|
| Revenue Growth (YoY) | 26.71% | 21.92% |
| Revenue Growth (3Y CAGR) | 10.55% | 6.94% |
| EPS Growth (YoY) | 19.44% | 37.61% |
| EPS Growth (3Y CAGR) | 4.12% | 36.00% |
Financial Strength
Current Ratio (MRQ)
DT Midstream (DTM) at 1.16 keeps current ratio within its industry’s typical mid-range, while Enbridge (ENB) at 0.72 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for ENB.
DTM
Energy industry group
1.16
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- DTM
- 1.16
- Q1
- 0.88
- Min
- 0.24
ENB
Energy industry group
0.72
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- ENB
- 0.72
- Min
- 0.24
Debt / Equity (MRQ)
DT Midstream (DTM) at 0.67 carries an industry-typical debt-to-equity mix, while Enbridge (ENB) at 1.63 uses more debt funding than most peers.
DTM
Energy industry group
0.67
- Max
- 1.75
- Q3
- 0.93
- DTM
- 0.67
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
ENB
Energy industry group
1.63
- Max
- 1.75
- ENB
- 1.63
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
Financial Strength Metrics
| Metric | DTM | ENB |
|---|---|---|
| Current Ratio (MRQ) | 1.16 | 0.72 |
| Debt / Equity (MRQ) | 0.67 | 1.63 |
| Net Debt / EBITDA | 3.30 | 6.33 |
Dividends
Dividend Yield (TTM)
Enbridge (ENB) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile DT Midstream (DTM) reports a yield of 3.07%, ranking against industry peers normally.
DTM
Energy industry group
3.07%
- Max
- 8.57%
- Q3
- 3.58%
- DTM
- 3.07%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
ENB
Energy industry group
0.00%
- Max
- 8.57%
- Q3
- 3.58%
- Median
- 1.71%
- ENB
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Enbridge (ENB) reports payout ratio above 100% at 147.68%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile DT Midstream (DTM) reports 75.38%, ranking against industry peers normally.
DTM
Energy industry group
75.38%
- Max
- 133.24%
- DTM
- 75.38%
- Q3
- 53.31%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
ENB
Energy industry group
147.68%
- ENB
- 147.68%
- Max
- 133.24%
- Q3
- 53.31%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | DTM | ENB |
|---|---|---|
| Dividend Yield (TTM) | 3.07% | 0.00% |
| Dividend Payout Ratio (TTM) | 75.38% | 147.68% |
Valuation
P/E Ratio (TTM)
Both DT Midstream (DTM) at 24.76 and Enbridge (ENB) at 22.65 sit in the richer earnings-multiple quartile for P/E ratio, so investors are paying more for TTM earnings than they pay for typical peers.
DTM
Energy industry group
24.76
- Max
- 39.54
- DTM
- 24.76
- Q3
- 21.72
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
ENB
Energy industry group
22.65
- Max
- 39.54
- ENB
- 22.65
- Q3
- 21.72
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
Enbridge (ENB) at 1.25 prices around its industry’s typical P/S ratio, while DT Midstream (DTM) at 8.70 clears its benchmark range — DTM looks notably rich on sales.
DTM
Energy industry group
8.70
- DTM
- 8.70
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
ENB
Energy industry group
1.25
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- ENB
- 1.25
- Q1
- 0.88
- Min
- 0.00
P/B Ratio (MRQ)
Both DT Midstream (DTM) at 2.41 and Enbridge (ENB) at 2.59 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.
DTM
Energy industry group
2.41
- Max
- 4.21
- DTM
- 2.41
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
ENB
Energy industry group
2.59
- Max
- 4.21
- ENB
- 2.59
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | DTM | ENB |
|---|---|---|
| P/E Ratio (TTM) | 24.76 | 22.65 |
| P/S Ratio (TTM) | 8.70 | 1.25 |
| P/B Ratio (MRQ) | 2.41 | 2.59 |
| Free Cash Flow Yield (TTM) | 2.27% | -1.01% |