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
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 0.43
Sep 30, 2024 0.54
Dec 31, 2023 0.59