DT Midstream
DTM
#2088
Rank
NZ$12.13 B
Marketcap
$124.91
Share price
1.60%
Change (1 day)
39.26%
Change (1 year)

Operating Margin for DT Midstream (DTM)

Operating Margin as of September 2024 (TTM): 53.74%

According to DT Midstream's latest financial reports and stock price the company's current Operating Margin is 53.74%. At the end of 2023 the company had an Operating Margin of 70.50%.

Operating Margin history for DT Midstream from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202370.50%4.78%
202267.28%5.84%
202163.57%-13.32%
202073.34%0.72%
201972.82%-11.71%
201882.47%

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.