DTM vs. VNOM: DT Midstream vs. Viper Energy Stock Comparison
How do DT Midstream (DTM) and Viper Energy (VNOM) 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 Viper Energy (VNOM) both belong to the Oil, Gas & Consumable Fuels industry, though DTM is classified under Oil & Gas Storage & Transportation while VNOM falls under Oil & Gas Exploration & Production.
| Profile Item | DTM | VNOM |
|---|---|---|
| Name | DT Midstream, Inc. | Viper Energy, Inc. |
| 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 | 21.21 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | July 1, 2021 | June 18, 2014 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | DTM | VNOM |
|---|---|---|
| Total Return (1Y) | 4.08% | 12.89% |
| Total Return (3Y, Annualized) | 32.58% | 17.78% |
| Total Return (5Y, Annualized) | 23.68% | 18.74% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | DTM | VNOM |
|---|---|---|
| Volatility (1Y, Annualized) | 23.13% | 29.71% |
| Beta (5Y) | 0.75 | 0.54 |
| Max Drawdown (5Y) | -24.59% | -34.46% |
| Avg. Volume (3M) | 983.33K | 1.93M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | DTM | VNOM |
|---|---|---|
| Sharpe Ratio (1Y) | -0.01 | 0.29 |
| Sortino Ratio (1Y) | -0.01 | 0.40 |
Profitability
ROE (TTM)
Both DT Midstream (DTM) at 9.92% and Viper Energy (VNOM) at 5.60% 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%
VNOM
Energy industry group
5.60%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- VNOM
- 5.60%
- 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 Viper Energy (VNOM) at 12.77%, 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%
VNOM
Energy industry group
12.77%
- Max
- 56.92%
- Q3
- 22.92%
- VNOM
- 12.77%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
Both DT Midstream (DTM) at 49.11% and Viper Energy (VNOM) at 58.79% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
DTM
Energy industry group
49.11%
- Max
- 71.31%
- DTM
- 49.11%
- Q3
- 33.75%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
VNOM
Energy industry group
58.79%
- Max
- 71.31%
- VNOM
- 58.79%
- Q3
- 33.75%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | DTM | VNOM |
|---|---|---|
| ROE (TTM) | 9.92% | 5.60% |
| ROA (TTM) | 4.05% | 5.83% |
| Net Margin (TTM) | 35.36% | 12.77% |
| Operating Margin (TTM) | 49.11% | 58.79% |
| Gross Margin (TTM) | 75.38% | 100.00% |
Growth
Revenue Growth
Both companies are growing quickly, but Viper Energy (VNOM) at 62.09% is the standout with revenue growth above its industry range; DT Midstream (DTM) at 26.71% also sits in the top quartile.
EPS Growth
DT Midstream (DTM) at 19.44% is around its peer norm for EPS growth, while Viper Energy (VNOM) at -112.57% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | DTM | VNOM |
|---|---|---|
| Revenue Growth (YoY) | 26.71% | 62.09% |
| Revenue Growth (3Y CAGR) | 10.55% | 17.21% |
| EPS Growth (YoY) | 19.44% | -112.57% |
| EPS Growth (3Y CAGR) | 4.12% | -- |
Financial Strength
Current Ratio (MRQ)
DT Midstream (DTM) at 1.16 keeps current ratio within its industry’s typical mid-range, while Viper Energy (VNOM) at 5.92 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets 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
VNOM
Energy industry group
5.92
- VNOM
- 5.92
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- Min
- 0.24
Debt / Equity (MRQ)
Viper Energy (VNOM) at 0.23 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
VNOM
Energy industry group
0.23
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- VNOM
- 0.23
- Min
- 0.00
Financial Strength Metrics
| Metric | DTM | VNOM |
|---|---|---|
| Current Ratio (MRQ) | 1.16 | 5.92 |
| Debt / Equity (MRQ) | 0.67 | 0.23 |
| Net Debt / EBITDA | 3.30 | 1.14 |
Dividends
Dividend Yield (TTM)
Viper Energy (VNOM) at 5.97% delivers top-quartile income for its industry, while DT Midstream (DTM) at 3.07% pays a more typical yield — both are credible income propositions, VNOM the richer one.
DTM
Energy industry group
3.07%
- Max
- 8.57%
- Q3
- 3.58%
- DTM
- 3.07%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
VNOM
Energy industry group
5.97%
- Max
- 8.57%
- VNOM
- 5.97%
- Q3
- 3.58%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Viper Energy (VNOM) reports payout ratio above 100% at 194.44%, 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%
VNOM
Energy industry group
194.44%
- VNOM
- 194.44%
- Max
- 133.24%
- Q3
- 53.31%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | DTM | VNOM |
|---|---|---|
| Dividend Yield (TTM) | 3.07% | 5.97% |
| Dividend Payout Ratio (TTM) | 75.38% | 194.44% |
Valuation
P/E Ratio (TTM)
Both DT Midstream (DTM) at 24.76 and Viper Energy (VNOM) at 32.24 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
VNOM
Energy industry group
32.24
- Max
- 39.54
- VNOM
- 32.24
- Q3
- 21.72
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
Investors are paying well above the peer range per dollar of sales for both DT Midstream (DTM) at 8.70 and Viper Energy (VNOM) at 9.82 — each P/S ratio clears its industry’s benchmark 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
VNOM
Energy industry group
9.82
- VNOM
- 9.82
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
P/B Ratio (MRQ)
Viper Energy (VNOM) at 1.53 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
VNOM
Energy industry group
1.53
- Max
- 4.21
- Q3
- 2.38
- VNOM
- 1.53
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | DTM | VNOM |
|---|---|---|
| P/E Ratio (TTM) | 24.76 | 32.24 |
| P/S Ratio (TTM) | 8.70 | 9.82 |
| P/B Ratio (MRQ) | 2.41 | 1.53 |
| Free Cash Flow Yield (TTM) | 2.27% | 3.67% |