Summit Midstream (SMC) Debt Ratio (2023 - 2026)

Summit Midstream (SMC) posted Debt Ratio of 0.53 for Q1 2026, up 20.11% on a QoQ basis from 0.44 in Q4 2025, and up 18.13% year-over-year from 0.45 in Q1 2025.

Summit Midstream (SMC) Debt Ratio (2023 - 2026) Analysis & Trends

Summit Midstream (SMC) has reported Debt Ratio for 4 consecutive years, with 0.53 the latest figure, recorded in Q1 2026.

  • Debt Ratio for Q1 2026 came in at 0.53, up 18.13% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.53 (up 18.13% YoY), and the FY2025 annual result was 0.44, up 3.99% from the prior year.
  • Debt Ratio was 0.53 for Q1 2026 at Summit Midstream, up from 0.44 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.59 in Q4 2023 and troughed at 0.42 in Q4 2024.
  • A 4-year average of 0.47 and a median of 0.45 in 2025 frame the typical range for Debt Ratio.
  • Annual changes were most pronounced in 2024 — Debt Ratio declined 28.58% — and 2026, when it climbed 18.13%.
  • Year by year, Debt Ratio stood at 0.59 in 2023, then slipped by 28.58% to 0.42 in 2024, then climbed by 3.99% to 0.44 in 2025, then gained by 20.11% to 0.53 in 2026.
  • Per Business Quant, the three latest SMC Debt Ratio figures stand at 0.53 (Q1 2026), 0.44 (Q4 2025), and 0.45 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 0.47
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 0.44
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 0.42
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 0.47
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 0.71
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 0.60
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 0.47
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 0.83
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 0.65
10 Summit Midstream 351.13 Mn 626.92 Mn 100.93 Mn 0.53

Historic Data

Download Data
DateValue
Mar 31, 2026 0.53
Dec 31, 2025 0.44
Sep 30, 2025 0.45
Jun 30, 2025 0.44
Mar 31, 2025 0.45
Dec 31, 2024 0.42
Sep 30, 2024 0.48
Dec 31, 2023 0.59