Summit Midstream (SMC) Debt to Equity (2023 - 2026)

Summit Midstream (SMC) reported Debt to Equity of $1.38 for Q1 2026, up 23.55% on a YoY basis from $1.12 in Q1 2025, and down 27.74% quarter-over-quarter from $1.91 in Q4 2025.

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

Summit Midstream has reported Debt to Equity for 4 years, with the latest figure at $1.38 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity rose 23.55% year-over-year to $1.38; the trailing twelve-month figure through Mar 2026 stood at $1.38 (up 23.55% YoY), and the FY2025 full-year result was $1.91, up 85.95% from the prior year.
  • Debt to Equity for Q1 2026 stood at $1.38, down from $1.91 in the prior quarter.
  • The five-year high for Debt to Equity was $11.8 in Q4 2023, with the low at $1.03 in Q4 2024.
  • Historically, Debt to Equity has averaged $2.72 across 4 years, with a median of $1.43 in 2026.
  • Annual changes were most pronounced in 2024 — Debt to Equity sank 91.27% — and 2025, when it soared 85.95%.
  • Summit Midstream's Debt to Equity stood at $11.8 in 2023, then slumped by 91.27% to $1.03 in 2024, then soared by 85.95% to $1.91 in 2025, then declined by 27.74% to $1.38 in 2026.
  • The last three Debt to Equity figures came in at $1.38 (Q1 2026), $1.91 (Q4 2025), and $1.96 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 1.66
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 1.12
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 1.02
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 2.01
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 1.79
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 5.85
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 1.43
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 1.71
10 Summit Midstream 365.55 Mn 641.34 Mn 100.93 Mn 1.38

Historic Data

Download Data
DateValue
Mar 31, 2026 1.38
Dec 31, 2025 1.91
Sep 30, 2025 1.96
Jun 30, 2025 1.12
Mar 31, 2025 1.12
Dec 31, 2024 1.03
Sep 30, 2024 1.47
Dec 31, 2023 11.80