earnings
confidence high
sentiment positive
materiality 0.85
DT Midstream reports record 2024 results; raises dividend and 2025 EBITDA guidance
DT Midstream, Inc.
2024-FY EPS reported
$3.60
revenue$981,000,000
- Full year 2024 Adj. EBITDA $969M; net income $354M ($3.60 diluted EPS); Operating Earnings $375M ($3.81 EPS).
- Dividend increased 12% to $0.82/share, payable April 15, 2025 to holders of record March 17, 2025.
- 2025 Adj. EBITDA guidance raised to $1.095-$1.155B, an 18% increase from original 2024 guidance.
- Early 2026 Adj. EBITDA outlook of $1.155-$1.225B, representing ~6% annual growth from 2025.
- Announced two new agreements for utility-scale power generation projects; closed largest acquisition in company history in 2024.