Summit Midstream (SMC) Debt Ratio (2023 - 2026)
Summit Midstream (SMC) posted Debt Ratio of 0.53 for Q1 2026, up 20.2% on a QoQ basis from 0.44 in Q4 2025, and up 18.21% year-over-year from 0.45 in Q1 2025.
Summit Midstream (SMC) Debt Ratio (2023 - 2026) Analysis & Trends
Summit Midstream's Debt Ratio history runs 4 years deep, the most recent figure standing at 0.53 for Q1 2026.
- Quarterly Debt Ratio rose 18.21% year-over-year to 0.53 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.53 (up 18.21% YoY) and the FY2025 annual result came in at 0.44, up 2.29% from the prior year.
- Debt Ratio was 0.53 for Q1 2026 at Summit Midstream, up from 0.44 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.59 in Q4 2023 and bottomed at 0.43 in Q4 2024.
- A 4-year average of 0.48 and a median of 0.45 in 2025 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2024 — Debt Ratio slipped 27.39% — and 2026, when it increased 18.21%.
- Summit Midstream's Debt Ratio stood at 0.59 in 2023, then declined by 27.39% to 0.43 in 2024, then rose by 2.29% to 0.44 in 2025, then gained by 20.2% to 0.53 in 2026.
- Business Quant data shows SMC's Debt Ratio at 0.53 in Q1 2026, 0.44 in Q4 2025, and 0.45 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 0.06 |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 0.70 |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 0.44 |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 0.47 |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 0.42 |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 0.39 |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 0.47 |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 0.70 |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 0.49 |
| 10 | Summit Midstream | 371.60 Mn | 647.38 Mn | 99.77 Mn | 0.53 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 0.43 |
| Sep 30, 2024 | 0.54 |
| Dec 31, 2023 | 0.59 |