Summit Midstream SMC
NYSE SMC
$34.21 -0.17 (-0.49%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Summit Midstream's (SMC) quarterly Debt Ratio came in at 0.52 in Q2 2026, up 14.4% on a YoY basis from 0.45 in Q2 2025, and down 2.03% quarter-over-quarter from 0.53 in Q1 2026.

Analysis

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

Summit Midstream (SMC) has reported Debt Ratio for 4 consecutive years, with 0.52 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Debt Ratio rose 14.4% year-over-year to 0.52; the trailing twelve-month figure through Jun 2026 stood at 0.52 (up 14.4% YoY), and the FY2025 full-year result was 0.45, up 4.36% from the prior year.
  • Debt Ratio declined to 0.52 in Q2 2026 per SMC's latest filing, from 0.53 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.6 in Q4 2023 and bottomed at 0.43 in Q4 2024.
  • Historically, Debt Ratio has averaged 0.49 across 4 years, with a median of 0.46 in 2025.
  • The sharpest annual moves came in 2024 and 2026: Debt Ratio fell 28.15% in 2024, then increased 16.42% in 2026.
  • Over 4 years, Debt Ratio stood at 0.6 in 2023, then declined by 28.15% to 0.43 in 2024, then gained by 4.36% to 0.45 in 2025, then gained by 15.41% to 0.52 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.52, 0.53, and 0.45 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn 0.44
2 Enterprise Products Partners 84.07 Bn 83.21 Bn - 0.41
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn 0.46
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn -
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn 0.69
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn 0.60
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn 0.50
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn 0.48
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn 0.03
10 Summit Midstream 694.72 Mn 994.24 Mn 105.92 Mn 0.52
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.52
Mar 31, 2026 0.53
Dec 31, 2025 0.45
Sep 30, 2025 0.46
Jun 30, 2025 0.45
Mar 31, 2025 0.45
Dec 31, 2024 0.43
Sep 30, 2024 0.54
Dec 31, 2023 0.60