For DMD's backend, that is true. It's like Rust's MIR project, but finished.
However, the commits I linked to describe front-end optimizations. LLVM-based D Compiler and GCC share DMD's front-end.
I've seen some generated code optimizations for DMD's back-end as well, which could get one lightning fast compiles for decent code. (Maybe in the future one could write a JIT that first compiles with DMD then tiers up to LLVM D Compiler or GCC.)