DTMDT Midstream, Inc.

$121.89+20% 1Y

RyuScore

Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.

RyuScore 51 out of 100, Average
Today's price. Only valuation depends on it.

Average. DT Midstream, Inc. scores higher than 41% of the 1,794 companies Ryufin scores.

Carried by capital allocation and cycle position, held back by return on capital and the balance sheet.

Energy median 63 · all companies 57

How the score has moved

At each fiscal year end, from the reports and price of the time
70
60
51
51
51
2022202320242025today

The biggest move was down 10 points from 2022 to 2023, mostly valuation.

Valuation

26% of the score

48median 56

DT Midstream, Inc. is valued at 25.8x its operating profit before acquisition amortisation (EBITA), including debt: a rich multiple.

60x
50x
35x
25x
18x
12x
8x
25.8x
Full points at 8x or less, none from 60xfull points

Return on capital

18% of the score

19median 34

Over 5 years the business earned 4.5% a year after tax on the capital it uses.

2%
8%
15%
25%
4.5%
None at 2% or less, full points from 25%full points
Return on capital by year
5 years agolatest 4.8%

Return on new capital

16% of the score

63median 49

For every dollar of operating profit earned over 6 years, yearly profit grew by 6 cents. New capital earned 3.3%, and 172% of profit went back into the business.

-5%
12%
5.7%
None at minus 5 cents, full points from 12 centsfull points

Capital allocation

14% of the score

69median 64

How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.

Share countUp 1.2% a year over 5 years: new shares
48
5%
-3%
1.2%
0 pointsfull points
Assets against salesAssets grew 3.9% a year, sales 11%
100
12%
-2%
-6.7%
0 pointsfull points

Cycle position

12% of the score

68median 62

Today's operating margin of 50% is 0.98x its normal 51%: close to its usual level. Normal is half the 7 year median, half the last four years, so a margin that has held is not taken for a peak.

2x
1.5x
1x
0.7x
1x
A trough earns points, a peak costs themfull points
Operating margin by year, against its normal level
7 years agonow 50%

Balance sheet

8% of the score

25median 50

What the debt weighs against the profit that has to carry it.

Net debt to EBITDA3.4x a year of EBITDA
27
4.5x
0.5x
3.4x
0 pointsfull points
Interest coverOperating profit covers interest 4x
24
1.5x
12x
4x
0 pointsfull points

Earnings quality

6% of the score

91median 90

Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.

Cash against profitOperating cash flow was 2.06x profit over 3 years
100
0.7x
1x
1.3x
2.1x
0 pointsfull points
AccrualsCash ran ahead of profit by 4.3% of assets
81
8%
0%
-8%
-4.3%
0 pointsfull points

How the RyuScore works

Each criterion earns 0 to 100 points on the scale drawn under it, and the RyuScore is their average weighted 26, 18, 16, 14, 12, 8 and 6. Scales bend in the company's favour between their ends, so an ordinary figure is never already near zero. Where a criterion cannot be measured from the filings it is taken out and the remaining weights scale up; a company needs 60% of the weight covered, and always a price, to get a score.

Built from the company's annual and quarterly filings with the SEC and today's share price. Banks, insurers and property trusts are not scored: their debt is their raw material, so these yardsticks mean something else there. Figures as of 2026-06-30, latest annual report FY2025.