For urban rail transit, high-voltage ac power is generally transmitted from the main substation to the traction substation (TS), which employs isolated diode–rectifiers to feed the dc traction power supply system. The train current feeds back to the negative cubicle of TS through the running rail, which is not totally isolated from the Earth. However, the traditional traction power supply (TTPS) shows limitations on braking energy-wasting, high rail potential, stray current, and so on. Thus, a high-voltage dc autotransformer (DCAT) traction power supply (HDATPS) is proposed in this article. Both configurations and principles of three typical HDATPSs are analyzed, which mainly consists of the dc main substation, the dc TS, and the DCAT substation. Then, through modeling of HDATPS and TTPS, the comparisons on braking energy utilization, rail potential, and stray current mitigation are discussed in detail. Finally, the simulation model and experimental platform of HDATPS are built, respectively, and the theoretical analysis is verified with the simulation and experimental results.