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| 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 | 0.42 |
| Sep 30, 2024 | 0.48 |
| Dec 31, 2023 | 0.59 |