AI brief of an SEC Form 8-K · DT Midstream (DTM)

DT Midstream Reports Record 2025 Results, Adjusted EBITDA Up 17% to $1.138 Billion

Positive Impact 4 of 5 earnings Written later

DT Midstream reported full-year 2025 net income of $441 million, or $4.30 per diluted share, up from $354 million, or $3.60, in 2024. The company also issued 2026 Adjusted EBITDA guidance of $1.155 billion to $1.225 billion and raised its quarterly dividend 7% to $0.88 per share. For shareholders, higher annual earnings and a larger dividend are offset only slightly by fourth-quarter net income of $111 million, below $115 million in the third quarter.

Key points

  • Full-year 2025 net income was $441 million, or $4.30 per diluted share, compared with $354 million, or $3.60, in 2024
  • Fourth-quarter 2025 net income was $111 million, or $1.08 per diluted share, compared with $115 million, or $1.13, in the third quarter
  • 2026 Adjusted EBITDA guidance is $1.155 billion to $1.225 billion; 2027 early outlook is $1.225 billion to $1.295 billion
  • Quarterly dividend increased 7% to $0.88 per share, payable April 15, 2026, to stockholders of record on March 16, 2026

The filing

CompanyDT Midstream (DTM)
Form8-K, current report
Filed with the SECFeb 19, 2026, 6:55 AM ET
Accession number0001140361-26-006115

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:56 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 19, 2026.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.