DTM vs. HAL: DT Midstream vs. Halliburton Stock Comparison
How do DT Midstream (DTM) and Halliburton (HAL) 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 Halliburton (HAL) both fall under the Energy industry group, but DTM is classified in Oil, Gas & Consumable Fuels while HAL is classified in Energy Equipment & Services.
Halliburton (HAL) has more than two decades of public-market history since June 1, 1972, whereas DT Midstream (DTM) listed on July 1, 2021 and has a much shorter record to draw on.
| Profile Item | DTM | HAL |
|---|---|---|
| Name | DT Midstream, Inc. | Halliburton Company |
| Country/Region | United States | United States |
| GICS Sector | Energy | Energy |
| GICS Industry Group | Energy | Energy |
| GICS Industry | Oil, Gas & Consumable Fuels | Energy Equipment & Services |
| GICS Sub-Industry | Oil & Gas Storage & Transportation | Oil & Gas Equipment & Services |
| Market Capitalization | 11.60 billion USD | 26.34 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | July 1, 2021 | June 1, 1972 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | DTM | HAL |
|---|---|---|
| Total Return (1Y) | 4.08% | 18.66% |
| Total Return (3Y, Annualized) | 32.58% | -3.16% |
| Total Return (5Y, Annualized) | 23.68% | 7.11% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Halliburton (HAL) is heavily traded at around 10.27M shares per day, whereas DT Midstream (DTM) sees a more moderate 983.33K — larger orders in the latter may require more patience and tighter control over order sizing.
| Metric | DTM | HAL |
|---|---|---|
| Volatility (1Y, Annualized) | 23.13% | 33.27% |
| Beta (5Y) | 0.75 | 0.77 |
| Max Drawdown (5Y) | -24.59% | -54.01% |
| Avg. Volume (3M) | 983.33K | 10.27M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | DTM | HAL |
|---|---|---|
| Sharpe Ratio (1Y) | -0.01 | 0.43 |
| Sortino Ratio (1Y) | -0.01 | 0.64 |
Profitability
ROE (TTM)
Both DT Midstream (DTM) at 9.92% and Halliburton (HAL) at 18.78% 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%
HAL
Energy industry group
18.78%
- Max
- 53.85%
- Q3
- 24.79%
- HAL
- 18.78%
- Median
- 12.85%
- 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 Halliburton (HAL) at 8.90%, 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%
HAL
Energy industry group
8.90%
- Max
- 56.92%
- Q3
- 22.92%
- Median
- 10.10%
- HAL
- 8.90%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
DT Midstream (DTM) at 49.11% operates in the top operating margin quartile, ahead of Halliburton (HAL) at 12.43%, 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%
HAL
Energy industry group
12.43%
- Max
- 71.31%
- Q3
- 33.75%
- Median
- 18.73%
- HAL
- 12.43%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | DTM | HAL |
|---|---|---|
| ROE (TTM) | 9.92% | 18.78% |
| ROA (TTM) | 4.05% | 7.23% |
| Net Margin (TTM) | 35.36% | 8.90% |
| Operating Margin (TTM) | 49.11% | 12.43% |
| Gross Margin (TTM) | 75.38% | 14.83% |
Growth
Revenue Growth
DT Midstream (DTM) at 26.71% sits in the top revenue growth quartile, while Halliburton (HAL) at -3.31% is closer to the peer norm — faster top-line expansion for DTM.
EPS Growth
Both DT Midstream (DTM) at 19.44% and Halliburton (HAL) at -47.00% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | DTM | HAL |
|---|---|---|
| Revenue Growth (YoY) | 26.71% | -3.31% |
| Revenue Growth (3Y CAGR) | 10.55% | 3.01% |
| EPS Growth (YoY) | 19.44% | -47.00% |
| EPS Growth (3Y CAGR) | 4.12% | -4.83% |
Financial Strength
Current Ratio (MRQ)
Both DT Midstream (DTM) at 1.16 and Halliburton (HAL) at 2.02 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
DTM
Energy industry group
1.16
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- DTM
- 1.16
- Q1
- 0.88
- Min
- 0.24
HAL
Energy industry group
2.02
- Max
- 3.64
- Q3
- 2.21
- HAL
- 2.02
- Median
- 1.41
- Q1
- 0.88
- Min
- 0.24
Debt / Equity (MRQ)
Both DT Midstream (DTM) at 0.67 and Halliburton (HAL) at 0.73 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
DTM
Energy industry group
0.67
- Max
- 1.75
- Q3
- 0.93
- DTM
- 0.67
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
HAL
Energy industry group
0.73
- Max
- 1.75
- Q3
- 0.93
- HAL
- 0.73
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
Financial Strength Metrics
| Metric | DTM | HAL |
|---|---|---|
| Current Ratio (MRQ) | 1.16 | 2.02 |
| Debt / Equity (MRQ) | 0.67 | 0.73 |
| Net Debt / EBITDA | 3.30 | 1.54 |
Dividends
Dividend Yield (TTM)
Both DT Midstream (DTM) at 3.07% and Halliburton (HAL) at 2.13% 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%
HAL
Energy industry group
2.13%
- Max
- 8.57%
- Q3
- 3.58%
- HAL
- 2.13%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Halliburton (HAL) at 28.57% 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%
HAL
Energy industry group
28.57%
- Max
- 133.24%
- Q3
- 53.31%
- HAL
- 28.57%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | DTM | HAL |
|---|---|---|
| Dividend Yield (TTM) | 3.07% | 2.13% |
| Dividend Payout Ratio (TTM) | 75.38% | 28.57% |
Valuation
P/E Ratio (TTM)
Halliburton (HAL) at 13.38 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
HAL
Energy industry group
13.38
- Max
- 39.54
- Q3
- 21.72
- HAL
- 13.38
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
Halliburton (HAL) at 1.17 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
HAL
Energy industry group
1.17
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- HAL
- 1.17
- Q1
- 0.88
- Min
- 0.00
P/B Ratio (MRQ)
Halliburton (HAL) at 2.37 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
HAL
Energy industry group
2.37
- Max
- 4.21
- Q3
- 2.38
- HAL
- 2.37
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | DTM | HAL |
|---|---|---|
| P/E Ratio (TTM) | 24.76 | 13.38 |
| P/S Ratio (TTM) | 8.70 | 1.17 |
| P/B Ratio (MRQ) | 2.41 | 2.37 |
| Free Cash Flow Yield (TTM) | 2.27% | 6.20% |