Summit Midstream (SMC) Asset Utilization Ratio (2024 - 2026)
Summit Midstream (SMC) reported Asset Utilization Ratio of 0.24 for Q1 2026, up 28.2% on a YoY basis from 0.19 in Q1 2025, and up 1.3% quarter-over-quarter from 0.23 in Q4 2025.
Summit Midstream (SMC) Asset Utilization Ratio (2024 - 2026) Analysis & Trends
Summit Midstream has reported Asset Utilization Ratio for 3 years, with the latest figure at 0.24 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio rose 28.2% year-over-year to 0.24; the trailing twelve-month figure through Mar 2026 stood at 0.24 (up 28.2% YoY), and the FY2025 full-year result was 0.24, up 33.77% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.24, up from 0.23 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.24 in Q1 2026, with the low at 0.19 in Q1 2025.
- Historically, Asset Utilization Ratio has averaged 0.21 across 3 years, with a median of 0.21 in 2025.
- Annual changes were most pronounced in 2025 — Asset Utilization Ratio increased 18.78% — and 2026, when it climbed 28.2%.
- Summit Midstream's Asset Utilization Ratio stood at 0.2 in 2024, then gained by 18.78% to 0.23 in 2025, then increased by 1.3% to 0.24 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.24 (Q1 2026), 0.23 (Q4 2025), and 0.22 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 0.31 |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 0.65 |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 0.24 |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 0.49 |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 0.21 |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 0.63 |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 0.52 |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | - |
| 10 | Summit Midstream | 365.55 Mn | 641.34 Mn | 100.93 Mn | 0.24 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.24 |
| Dec 31, 2025 | 0.23 |
| Sep 30, 2025 | 0.22 |
| Jun 30, 2025 | 0.20 |
| Mar 31, 2025 | 0.19 |
| Dec 31, 2024 | 0.20 |