WallStSmart

DT Midstream Inc (DTM)vsKinder Morgan Inc (KMI)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Kinder Morgan Inc generates 1273% more annual revenue ($17.52B vs $1.28B). DTM leads profitability with a 36.3% profit margin vs 18.9%. KMI trades at a lower P/E of 21.1x. KMI earns a higher WallStSmart Score of 68/100 (B-).

DTM

Buy

57

out of 100

Grade: C

Growth: 7.3Profit: 8.0Value: 3.7Quality: 5.0
Piotroski: 5/9Altman Z: 1.01

KMI

Strong Buy

68

out of 100

Grade: B-

Growth: 6.0Profit: 7.5Value: 3.3Quality: 3.5
Piotroski: 5/9Altman Z: 0.70
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

DTMSignificantly Overvalued (-76.9%)

Margin of Safety

-76.9%

Fair Value

$74.43

Current Price

$145.04

$70.61 premium

UndervaluedFair: $74.43Overvalued
KMISignificantly Overvalued (-44.5%)

Margin of Safety

-44.5%

Fair Value

$21.86

Current Price

$31.71

$9.85 premium

UndervaluedFair: $21.86Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

DTM2 strengths · Avg: 10.0/10
Profit MarginProfitability
36.3%10/10

Keeps 36 of every $100 in revenue as profit

Operating MarginProfitability
49.7%10/10

Strong operational efficiency at 49.7%

KMI4 strengths · Avg: 8.3/10
Market CapQuality
$69.99B9/10

Large-cap with strong market position

Price/BookValuation
2.3x8/10

Reasonable price relative to book value

Operating MarginProfitability
29.9%8/10

Strong operational efficiency at 29.9%

EPS GrowthGrowth
36.0%8/10

Earnings expanding 36.0% YoY

Areas to Watch

DTM2 concerns · Avg: 3.0/10
P/E RatioValuation
31.6x4/10

Premium valuation, high expectations priced in

Altman Z-ScoreHealth
1.012/10

Distress zone — elevated risk

KMI3 concerns · Avg: 2.3/10
Debt/EquityHealth
1.023/10

Elevated debt levels

PEG RatioValuation
3.812/10

Expensive relative to growth rate

Altman Z-ScoreHealth
0.702/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : DTM

The strongest argument for DTM centers on Profit Margin, Operating Margin. Profitability is solid with margins at 36.3% and operating margin at 49.7%. Revenue growth of 10.9% demonstrates continued momentum.

Bull Case : KMI

The strongest argument for KMI centers on Market Cap, Price/Book, Operating Margin. Profitability is solid with margins at 18.9% and operating margin at 29.9%. Revenue growth of 13.8% demonstrates continued momentum.

Bear Case : DTM

The primary concerns for DTM are P/E Ratio, Altman Z-Score.

Bear Case : KMI

The primary concerns for KMI are Debt/Equity, PEG Ratio, Altman Z-Score.

Key Dynamics to Monitor

DTM carries more volatility with a beta of 0.74 — expect wider price swings.

KMI is growing revenue faster at 13.8% — sustainability is the question.

KMI generates stronger free cash flow (687M), providing more financial flexibility.

Monitor OIL & GAS MIDSTREAM industry trends, competitive dynamics, and regulatory changes.

Bottom Line

KMI scores higher overall (68/100 vs 57/100), backed by strong 18.9% margins and 13.8% revenue growth. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

DT Midstream Inc

ENERGY · OIL & GAS MIDSTREAM · USA

DT Midstream Inc. is a leading energy infrastructure company specializing in the transportation and storage of natural gas and natural gas liquids throughout the United States. With a diverse portfolio that encompasses over 1,000 miles of interstate pipelines, extensive storage facilities, and state-of-the-art processing capabilities, DT Midstream is instrumental in ensuring energy reliability while advancing its sustainability objectives. The company's commitment to operational excellence and strategic innovation positions it favorably within the dynamic energy market, making it a compelling investment option for institutional investors looking to capitalize on growth opportunities in North America's energy landscape.

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Kinder Morgan Inc

ENERGY · OIL & GAS MIDSTREAM · USA

Kinder Morgan, Inc. is one of the largest energy infrastructure companies in North America. The company specializes in owning and controlling oil and gas pipelines and terminals.

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