DT Midstream (DTM) vs TC Energy (TRP)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
TC Energy (TRP) has outperformed DT Midstream (DTM) over the past year, gaining 7.8% versus a gain of 7.6%. Over five years, DTM leads with a +145.8% price change compared with +9.8% for TRP. TC Energy is the larger company by market cap ($61.40 billion vs $12.52 billion), about 4.9 times the size.
On valuation, TC Energy trades at a lower forward P/E (21.4x vs 25.3x for DT Midstream). TC Energy offers the higher dividend yield (5.86% vs 2.77%).
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 | TRP |
|---|---|---|
| Share price | $122.69 | $58.94 |
| Market cap | $12.52B | $61.40B |
| 1-day change | -1.53% | -2.14% |
| YTD return | +2.52% | +7.14% |
| 1-year return | +7.61% | +7.85% |
| 5-year return | +145.77% | +9.80% |
| P/E ratio (TTM) | 26.85 | 23.67 |
| Forward P/E | 25.29 | 21.37 |
| EPS (TTM) | $4.57 | $2.49 |
| Dividend yield | 2.77% | 5.86% |
| Annual dividend | $3.40 | $3.46 |
| Revenue (latest FY) | $1.24B | — |
| Revenue growth (YoY) | +26.71% | — |
| Net income (latest FY) | $441.00M | — |
| Operating margin | 49.40% | — |
| Net margin | 35.48% | — |
| 52-week high | $152.88 | $71.47 |
| 52-week low | $104.99 | $49.27 |
| Distance from 52-week high | -19.75% | -17.53% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +24.38% | +13.05% |
| Average volume | 917.64K | 2.71M |
| Shares outstanding | 102.02M | 1.04B |
| Employees | 588 | 6,574 |
| 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
- TC Energy is about 4.9 times larger than DT Midstream by market value ($61.40B vs $12.52B).
- TC Energy offers a meaningfully higher dividend yield (5.86% vs 2.77%).
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 TC Energy
TRP stock →TC Energy Corporation operates as an energy infrastructure company in Canada, the United States, and Mexico. It operates through four segments: Canadian Natural Gas Pipelines; U.S.
Utilities · Natural Gas Distribution · 6,574 employees
DTM vs TRP FAQ
Which is bigger, DT Midstream or TC Energy?
TC Energy (TRP) is larger, with a market capitalization of $61.40B compared with $12.52B for DT Midstream (DTM).
Which stock has performed better over the past year, DTM or TRP?
TRP returned +7.85% 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 TRP?
TRP has the lower trailing P/E at 23.7, 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 TC Energy?
TC Energy has the higher yield at 5.86%, compared with 2.77% for DT Midstream.
Are DT Midstream and TC Energy in the same industry?
Yes. Both are classified in the Natural Gas Distribution industry within the Utilities sector.