DT Midstream vs Torm
DT Midstream and Torm are similar in size: $1.24bn and $1.34bn of revenue in their latest fiscal years. DT Midstream grew faster (26.7% against -14.1%). DT Midstream kept more of each dollar of sales as profit: a net margin of 35.5% against 21.3%. Torm carries less debt relative to equity (45.5% against 70.7%).
| Latest fiscal year | DT MidstreamDTM, 2025 | TormTRMD, 2025 |
|---|---|---|
| Revenue | $1.24bn | $1.34bn |
| Revenue growth | 26.7% | -14.1% |
| Net income | $441m | $285m |
| Operating margin | 49.4% | 26.6% |
| Net margin | 35.5% | 21.3% |
| Return on equity | 9.4% | 13.3% |
| Free cash flow | $441m | $190m |
| Cash | $54.0m | $158m |
| Total debt | $3.35bn | $1.00bn |
| Debt to equity | 70.7% | 45.5% |
| Dividend per share | $3.28 | — |
| Dividend yield | 2.8% | 5.0% |
| Share buybacks | — | — |
| Employees | 588 | — |
| Market value | $12.55bn | $4.11bn |
| Price vs our value range | Within our value range | Within our value range |
| Moat score | 71 (Strong) | — |
| Insider trades, 12 months | 4 buys, 1 sales | 1 buys, 6 sales |