DTM vs. EQT: DT Midstream vs. EQT Stock Comparison
How do DT Midstream (DTM) and EQT (EQT) 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 EQT (EQT) both belong to the Oil, Gas & Consumable Fuels industry, though DTM is classified under Oil & Gas Storage & Transportation while EQT falls under Oil & Gas Exploration & Production.
EQT (EQT) has more than two decades of public-market history since March 17, 1980, whereas DT Midstream (DTM) listed on July 1, 2021 and has a much shorter record to draw on.
| Profile Item | DTM | EQT |
|---|---|---|
| Name | DT Midstream, Inc. | EQT Corporation |
| Country/Region | United States | United States |
| 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 Exploration & Production |
| Market Capitalization | 11.60 billion USD | 30.90 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | July 1, 2021 | March 17, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | DTM | EQT |
|---|---|---|
| Total Return (1Y) | 4.08% | -12.42% |
| Total Return (3Y, Annualized) | 32.58% | 9.89% |
| Total Return (5Y, Annualized) | 23.68% | 21.61% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | DTM | EQT |
|---|---|---|
| Volatility (1Y, Annualized) | 23.13% | 30.02% |
| Beta (5Y) | 0.75 | 0.70 |
| Max Drawdown (5Y) | -24.59% | -42.56% |
| Avg. Volume (3M) | 983.33K | 7.75M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | DTM | EQT |
|---|---|---|
| Sharpe Ratio (1Y) | -0.01 | -0.56 |
| Sortino Ratio (1Y) | -0.01 | -0.80 |
Profitability
ROE (TTM)
Both DT Midstream (DTM) at 9.92% and EQT (EQT) at 10.49% 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%
EQT
Energy industry group
10.49%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- EQT
- 10.49%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
For every dollar of sales, both DT Midstream (DTM) at 35.36% and EQT (EQT) at 29.01% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
DTM
Energy industry group
35.36%
- Max
- 56.92%
- DTM
- 35.36%
- Q3
- 22.92%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
EQT
Energy industry group
29.01%
- Max
- 56.92%
- EQT
- 29.01%
- Q3
- 22.92%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
DT Midstream (DTM) at 49.11% operates in the top operating margin quartile, ahead of EQT (EQT) at 28.24%, 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%
EQT
Energy industry group
28.24%
- Max
- 71.31%
- Q3
- 33.75%
- EQT
- 28.24%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | DTM | EQT |
|---|---|---|
| ROE (TTM) | 9.92% | 10.49% |
| ROA (TTM) | 4.05% | 6.25% |
| Net Margin (TTM) | 35.36% | 29.01% |
| Operating Margin (TTM) | 49.11% | 28.24% |
| Gross Margin (TTM) | 75.38% | 80.40% |
Growth
Revenue Growth
Both companies are growing quickly, but EQT (EQT) at 59.96% is the standout with revenue growth above its industry range; DT Midstream (DTM) at 26.71% also sits in the top quartile.
EPS Growth
EQT (EQT) at 635.56% clears its industry range for EPS growth, a much stronger earnings trajectory than DT Midstream (DTM) at 19.44%, which is closer to a typical peer reading.
Growth Metrics
| Metric | DTM | EQT |
|---|---|---|
| Revenue Growth (YoY) | 26.71% | 59.96% |
| Revenue Growth (3Y CAGR) | 10.55% | -11.72% |
| EPS Growth (YoY) | 19.44% | 635.56% |
| EPS Growth (3Y CAGR) | 4.12% | -8.91% |
Financial Strength
Current Ratio (MRQ)
DT Midstream (DTM) at 1.16 keeps current ratio within its industry’s typical mid-range, while EQT (EQT) at 0.71 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for EQT.
DTM
Energy industry group
1.16
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- DTM
- 1.16
- Q1
- 0.88
- Min
- 0.24
EQT
Energy industry group
0.71
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- EQT
- 0.71
- Min
- 0.24
Debt / Equity (MRQ)
EQT (EQT) at 0.19 keeps leverage in the lower industry quartile, while DT Midstream (DTM) at 0.67 runs a more typical debt-to-equity mix.
DTM
Energy industry group
0.67
- Max
- 1.75
- Q3
- 0.93
- DTM
- 0.67
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
EQT
Energy industry group
0.19
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- EQT
- 0.19
- Min
- 0.00
Financial Strength Metrics
| Metric | DTM | EQT |
|---|---|---|
| Current Ratio (MRQ) | 1.16 | 0.71 |
| Debt / Equity (MRQ) | 0.67 | 0.19 |
| Net Debt / EBITDA | 3.30 | 0.81 |
Dividends
Dividend Yield (TTM)
Both DT Midstream (DTM) at 3.07% and EQT (EQT) at 1.30% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
DTM
Energy industry group
3.07%
- Max
- 8.57%
- Q3
- 3.58%
- DTM
- 3.07%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
EQT
Energy industry group
1.30%
- Max
- 8.57%
- Q3
- 3.58%
- Median
- 1.71%
- EQT
- 1.30%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
EQT (EQT) at 15.64% pays out a band-typical share of earnings, while DT Midstream (DTM) at 75.38% distributes more than its industry norm — less retained, thinner cover.
DTM
Energy industry group
75.38%
- Max
- 133.24%
- DTM
- 75.38%
- Q3
- 53.31%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
EQT
Energy industry group
15.64%
- Max
- 133.24%
- Q3
- 53.31%
- Median
- 25.24%
- EQT
- 15.64%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | DTM | EQT |
|---|---|---|
| Dividend Yield (TTM) | 3.07% | 1.30% |
| Dividend Payout Ratio (TTM) | 75.38% | 15.64% |
Valuation
P/E Ratio (TTM)
EQT (EQT) at 11.71 is near its industry’s usual P/E ratio, while DT Midstream (DTM) at 24.76 sits in the richer quartile — DTM needs stronger growth or earnings quality to justify the premium.
DTM
Energy industry group
24.76
- Max
- 39.54
- DTM
- 24.76
- Q3
- 21.72
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
EQT
Energy industry group
11.71
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- EQT
- 11.71
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
Both look expensive on sales: EQT (EQT) at 3.38 sits in the upper P/S ratio quartile, and DT Midstream (DTM) at 8.70 prices even higher, above its industry range.
DTM
Energy industry group
8.70
- DTM
- 8.70
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
EQT
Energy industry group
3.38
- Max
- 5.40
- EQT
- 3.38
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
P/B Ratio (MRQ)
EQT (EQT) at 1.21 is valued about in line with its industry on P/B ratio, while DT Midstream (DTM) at 2.41 carries an above-peer premium to book — DTM is pricier on assets.
DTM
Energy industry group
2.41
- Max
- 4.21
- DTM
- 2.41
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
EQT
Energy industry group
1.21
- Max
- 4.21
- Q3
- 2.38
- Median
- 1.51
- EQT
- 1.21
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | DTM | EQT |
|---|---|---|
| P/E Ratio (TTM) | 24.76 | 11.71 |
| P/S Ratio (TTM) | 8.70 | 3.38 |
| P/B Ratio (MRQ) | 2.41 | 1.21 |
| Free Cash Flow Yield (TTM) | 2.27% | 8.01% |