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

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

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

Summit Midstream has reported Debt Ratio for 4 years, with the latest figure at 0.53 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio rose 18.13% year-over-year to 0.53; the trailing twelve-month figure through Mar 2026 stood at 0.53 (up 18.13% YoY), and the FY2025 full-year result was 0.44, up 3.99% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.53, up from 0.44 in the prior quarter.
  • The five-year high for Debt Ratio was 0.59 in Q4 2023, with the low at 0.42 in Q4 2024.
  • Historically, Debt Ratio has averaged 0.47 across 4 years, with a median of 0.45 in 2025.
  • Annual changes were most pronounced in 2024 — Debt Ratio dropped 28.58% — and 2026, when it advanced 18.13%.
  • Summit Midstream's Debt Ratio stood at 0.59 in 2023, then retreated by 28.58% to 0.42 in 2024, then gained by 3.99% to 0.44 in 2025, then increased by 20.11% to 0.53 in 2026.
  • The last three Debt Ratio figures came in at 0.53 (Q1 2026), 0.44 (Q4 2025), and 0.45 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 0.47
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 0.42
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 0.44
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 0.47
5 Scorpio Tankers 59.17 Bn 58.19 Bn - 0.14
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 0.60
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 0.71
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 0.47
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 0.39
10 Summit Midstream 365.55 Mn 641.34 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