Is DT Midstream, Inc. (DTM) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 23.4% / 30% | 0.4% / 30% | 1.3% / 30% | 0.16% / 5% | ✓ HALAL |
| DJIM | 23.4% / 33% | 0.4% / 33% | 1.3% / 33% | 0.16% / 5% | ✓ HALAL |
| MSCI | 33.5% / 33% | 0.5% / 33% | 1.9% / 33% | 0.16% / 5% | ✗ NOT HALAL |
| S&P | 23.4% / 33% | 0.4% / 33% | 1.3% / 33% | 0.16% / 5% | ✓ HALAL |
| FTSE | 33.5% / 33% | 0.5% / 33% | 1.9% / 50% | 0.16% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 75.4% | |
| Operating Margin | 49.2% | |
| Net Margin | 35.5% | |
| Return on Equity (ROE) | 9.4% | |
| Return on Assets (ROA) | 3.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $867M |
| Free Cash Flow | $441M |
| Total Debt | $3.4B |
| Debt-to-Equity | 69.1 |
| Current Ratio | 1.1 |
| Total Assets | $10.1B |
Price & Trading
| Last Close | $137.13 |
| 50-Day MA | $132.36 |
| 200-Day MA | $115.58 |
| Avg Volume | 786K |
| Beta | 0.8 |
|
52-Week Range
$83.30
| |
About DT Midstream, Inc. (DTM)
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. The Pipeline segment owns and operates interstate and intrastate natural gas pipelines, storage systems, and natural gas gathering lateral pipelines. This segment also engages in the transportation and storage of natural gas for intermediate and end-user customers. The Gathering segment owns and operates gas gathering systems. This segment is involved in the collection of natural gas for delivery to plants for treating, to gathering pipelines for further gathering, or to pipelines for transportation; and associated ancillary services, including compression, dehydration, gas treatment, water impoundment, water transportation, water disposal, and sand mining. It serves natural gas producers, local distribution companies, electric power generators, industrials, and national marketers. The company was incorporated in 2021 and is headquartered in Detroit, Michigan.
Purification Calculator
As a halal stock with 0.16% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is DT Midstream, Inc. (DTM) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), DT Midstream, Inc. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is DT Midstream, Inc.'s debt ratio?
DT Midstream, Inc.'s debt ratio is 23.4% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 33.5%.
Does DT Midstream, Inc. require dividend purification?
Yes, DT Midstream, Inc. has an impermissible income ratio of 0.16%, which means 0.16% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are DT Midstream, Inc.'s key financial metrics?
DT Midstream, Inc. has a market capitalization of $13.8B, trailing P/E ratio of 31.6, and revenue of $1.2B. The company maintains a gross margin of 75.4% and a net margin of 35.5%. Return on equity stands at 9.4%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.