earnings
confidence high
sentiment positive
materiality 0.80
DT Midstream reports record 2025 Adjusted EBITDA $1.138B, up 17% YoY; raises dividend 7%
DT Midstream, Inc.
2025-FY EPS
reported $4.30
vs consensus $1.18
▲ beat
(+263.6%)
- FY 2025 Adjusted EBITDA of $1.138B, 17% increase from 2024; net income $441M ($4.30/diluted share).
- Q4 2025 net income $111M ($1.08/diluted share); Operating Earnings also $111M.
- Dividend raised 7% to $0.88/share; payable April 15, 2026 to holders of record March 16, 2026.
- Organic project backlog increased ~50% to $3.4B over 5 years, with pipeline projects 75% of backlog.
- 2026 Adjusted EBITDA guidance $1.155-1.225B; early 2027 outlook $1.225-1.295B; FIDs on two pipeline projects.