DT Midstream (DTM) vs Kinetik (KNTK)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Kinetik (KNTK) has outperformed DT Midstream (DTM) over the past year, gaining 36.0% versus a gain of 7.6%. Over five years, DTM leads with a +145.8% price change compared with +22.1% for KNTK. DT Midstream is the larger company by market cap ($12.52 billion vs $9.09 billion), about 1.4 times the size.
On valuation, Kinetik trades at a lower forward P/E (24.6x vs 25.3x for DT Midstream). Kinetik offers the higher dividend yield (5.98% vs 2.77%). DT Midstream converts more of its revenue into profit, with a net margin of 35.5% versus 10.1%.
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 | KNTK |
|---|---|---|
| Share price | $122.69 | $53.72 |
| Market cap | $12.52B | $9.09B |
| 1-day change | -1.53% | -0.43% |
| YTD return | +2.52% | +49.02% |
| 1-year return | +7.61% | +36.00% |
| 5-year return | +145.77% | +22.10% |
| P/E ratio (TTM) | 26.85 | 18.85 |
| Forward P/E | 25.29 | 24.64 |
| EPS (TTM) | $4.57 | $2.85 |
| Dividend yield | 2.77% | 5.98% |
| Annual dividend | $3.40 | $3.21 |
| Revenue (latest FY) | $1.24B | $1.76B |
| Revenue growth (YoY) | +26.71% | +18.98% |
| Net income (latest FY) | $441.00M | $178.26M |
| Gross margin | — | 55.45% |
| Operating margin | 49.40% | 9.35% |
| Net margin | 35.48% | 10.10% |
| 52-week high | $152.88 | $56.92 |
| 52-week low | $104.99 | $31.33 |
| Distance from 52-week high | -19.75% | -5.62% |
| Analyst consensus | buy | none |
| Avg. price target upside | +24.38% | +6.68% |
| Average volume | 917.64K | 1.13M |
| Shares outstanding | 102.02M | 80.44M |
| Employees | 588 | 500 |
| 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
- KNTK has outperformed DTM by 28.4 percentage points over the past year.
- DT Midstream trades at a higher earnings multiple (26.8x vs 18.8x trailing P/E).
- Kinetik offers a meaningfully higher dividend yield (5.98% vs 2.77%).
- DT Midstream is more profitable, keeping 35.5 cents of every revenue dollar as net income versus 10.1 cents for Kinetik.
- DT Midstream grew revenue faster in its latest fiscal year (+26.71% vs +18.98%).
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 Kinetik
KNTK stock →Kinetik Holdings Inc., through its subsidiaries, operates as a midstream company in the Texas Delaware Basin. The company operates through two segments, Midstream Logistics and Pipeline Transportation.
Utilities · Natural Gas Distribution · 500 employees
DTM vs KNTK FAQ
Which is bigger, DT Midstream or Kinetik?
DT Midstream (DTM) is larger, with a market capitalization of $12.52B compared with $9.09B for Kinetik (KNTK).
Which stock has performed better over the past year, DTM or KNTK?
KNTK returned +36.00% over the past 12 months, compared with +7.61% for DTM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, DTM or KNTK?
KNTK has the lower trailing P/E at 18.8, versus 26.8 for DTM. 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 Kinetik?
Kinetik has the higher yield at 5.98%, compared with 2.77% for DT Midstream.
Are DT Midstream and Kinetik in the same industry?
Yes. Both are classified in the Natural Gas Distribution industry within the Utilities sector.