DTMDT Midstream, Inc.
Is it safe?
Strong, no red flags: a safe balance sheet and insiders buying.
Financially healthy, low distress risk Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.
Insiders were net buyers (+$218K, 90 days to Oct 8, 2026). SEC Form 4 filings: officers and directors must report their own trades within two business days.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -24% · now 17% below its 52-week high.
Unless marked, from SEC EDGAR, as of Dec 31, 2025.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can DTM take a bad year?
DT Midstream, Inc. carries $3.15B of net debt at 3.43× EBITDA: a load its earnings can carry.
Net debt · as at Q2 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 3.43×
Net debt / EBITDA · 4.25× a year ago · the load is coming down
- Altman Z-score
- 2.20
Altman Z-score · grey zone, between 1.8 and 3
- Interest cover
- 3.99×
Interest cover · operating profit covers the interest bill, with room to spare
Details›
- Total debtQ2 2026
- $3.33B
- Cash and short-term investments
- $172M
- Net debt
- $3.15B
- EBITDA, trailing twelve months
- $919M
- Operating profit, trailing twelve months
- $650M
- Debt / equity
- 0.70×
- Total debt / EBITDA
- 3.62×
- Annualised volatilitytwo years of daily moves
- 26%
- Worst drawdown on file
- −24%
- Below its 52-week high
- 17%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.