Summit Midstream (SMC) Debt Ratio (2023 - 2026)
Summit Midstream's (SMC) quarterly Debt Ratio came in at 0.53 in Q1 2026, up 18.21% YoY from 0.45 in Q1 2025, and up 20.2% on a QoQ basis from 0.44 in Q4 2025.
Summit Midstream (SMC) Debt Ratio (2023 - 2026) Analysis & Trends
Summit Midstream (SMC) has 4 years of Debt Ratio data on file, last reported at 0.53 in 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 advanced to 0.53 in Q1 2026, from 0.44 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.59 in Q4 2023 to a low of 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 fell 27.39% — and 2026, when it advanced 18.21%.
- Tracing SMC's Debt Ratio over 4 years: stood at 0.59 in 2023, then slipped by 27.39% to 0.43 in 2024, then grew by 2.29% to 0.44 in 2025, then increased by 20.2% 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 0.44 |
| 2 | Enbridge | 110.90 Bn | 109.41 Bn | 5.23 Bn | 0.48 |
| 3 | Enterprise Products Partners | 83.55 Bn | 82.64 Bn | - | 0.41 |
| 4 | Energy Transfer | 72.76 Bn | 71.73 Bn | 7.40 Bn | 0.46 |
| 5 | Tc Energy | 65.92 Bn | 58.36 Bn | 1.24 Bn | - |
| 6 | Oneok | 60.17 Bn | 60.01 Bn | 2.81 Bn | 0.48 |
| 7 | Mplx | 60.12 Bn | 59.09 Bn | 2.73 Bn | 0.60 |
| 8 | Targa Resources | 59.64 Bn | 59.50 Bn | 2.14 Bn | 0.69 |
| 9 | Cheniere Energy | 56.21 Bn | 54.95 Bn | 5.29 Bn | 0.50 |
| 10 | Summit Midstream | 481.04 Mn | 460.07 Mn | 105.92 Mn | 0.52 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.52 |
| 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 |