DT Midstream (DTM) vs Kodiak Gas Services (KGS)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Kodiak Gas Services (KGS) has outperformed DT Midstream (DTM) over the past year, gaining 47.8% versus a gain of 7.9%. DT Midstream is the larger company by market cap ($12.69 billion vs $5.47 billion), about 2.3 times the size. On valuation, Kodiak Gas Services trades at a lower forward P/E (17.1x vs 25.6x for DT Midstream).
Kodiak Gas Services offers the higher dividend yield (3.62% vs 2.73%). DT Midstream converts more of its revenue into profit, with a net margin of 35.5% versus 6.2%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | DTM | KGS |
|---|---|---|
| Share price | $124.41 | $54.15 |
| Market cap | $12.69B | $5.47B |
| 1-day change | +0.53% | +1.07% |
| YTD return | +3.41% | +43.24% |
| 1-year return | +7.85% | +47.78% |
| 5-year return | +147.92% | — |
| P/E ratio (TTM) | 27.22 | 62.96 |
| Forward P/E | 25.65 | 17.06 |
| EPS (TTM) | $4.57 | $0.86 |
| Dividend yield | 2.73% | 3.62% |
| Annual dividend | $3.40 | $1.96 |
| Revenue (latest FY) | $1.24B | $1.31B |
| Revenue growth (YoY) | +26.71% | +12.83% |
| Net income (latest FY) | $441.00M | $80.52M |
| Gross margin | — | 63.31% |
| Operating margin | 49.40% | 25.99% |
| Net margin | 35.48% | 6.16% |
| 52-week high | $152.88 | $77.68 |
| 52-week low | $104.99 | $32.55 |
| Distance from 52-week high | -18.62% | -30.30% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +22.66% | +52.79% |
| Average volume | 919.63K | 1.77M |
| Shares outstanding | 102.02M | 101.10M |
| Employees | 588 | 1,300 |
| Sector | Utilities | Utilities |
| Industry | Natural Gas Distribution | Natural Gas Distribution |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- DT Midstream is about 2.3 times larger than Kodiak Gas Services by market value ($12.69B vs $5.47B).
- KGS has outperformed DTM by 39.9 percentage points over the past year.
- Kodiak Gas Services trades at a higher earnings multiple (63.0x vs 27.2x trailing P/E).
- DT Midstream is more profitable, keeping 35.5 cents of every revenue dollar as net income versus 6.2 cents for Kodiak Gas Services.
- DT Midstream grew revenue faster in its latest fiscal year (+26.71% vs +12.83%).
About DT Midstream
DTM stock →DT Midstream, Inc., together with its subsidiaries, provides integrated natural gas services in the United States. The company operates in two segments, Pipeline and Gathering.
Utilities · Natural Gas Distribution · 588 employees
About Kodiak Gas Services
KGS stock →Kodiak Gas Services, Inc. operates and provides contract compression infrastructure for customers in the oil and gas industry in the United States.
Utilities · Natural Gas Distribution · 1,300 employees
DTM vs KGS FAQ
Which is bigger, DT Midstream or Kodiak Gas Services?
DT Midstream (DTM) is larger, with a market capitalization of $12.69B compared with $5.47B for Kodiak Gas Services (KGS).
Which stock has performed better over the past year, DTM or KGS?
KGS returned +47.78% over the past 12 months, compared with +7.85% for DTM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, DTM or KGS?
DTM has the lower trailing P/E at 27.2, versus 63.0 for KGS. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, DT Midstream or Kodiak Gas Services?
Kodiak Gas Services has the higher yield at 3.62%, compared with 2.73% for DT Midstream.
Are DT Midstream and Kodiak Gas Services in the same industry?
Yes. Both are classified in the Natural Gas Distribution industry within the Utilities sector.