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

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

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

Summit Midstream (SMC) has reported Debt to Equity for 4 consecutive years, with $1.38 the latest figure, recorded in Q1 2026.

  • Debt to Equity for Q1 2026 came in at $1.38, up 23.55% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.38 (up 23.55% YoY), and the FY2025 annual result was $1.91, up 85.95% from the prior year.
  • Debt to Equity was $1.38 for Q1 2026 at Summit Midstream, down from $1.91 in the prior quarter.
  • Over five years, Debt to Equity peaked at $11.8 in Q4 2023 and troughed at $1.03 in Q4 2024.
  • A 4-year average of $2.72 and a median of $1.43 in 2026 frame the typical range for Debt to Equity.
  • Annual changes were most pronounced in 2024 — Debt to Equity plunged 91.27% — and 2025, when it jumped 85.95%.
  • Year by year, Debt to Equity stood at $11.8 in 2023, then slumped by 91.27% to $1.03 in 2024, then surged by 85.95% to $1.91 in 2025, then retreated by 27.74% to $1.38 in 2026.
  • Per Business Quant, the three latest SMC Debt to Equity figures stand at $1.38 (Q1 2026), $1.91 (Q4 2025), and $1.96 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 1.66
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 1.02
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 1.12
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 2.01
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 5.85
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 1.79
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 1.43
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 182.28
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 3.41
10 Summit Midstream 351.13 Mn 626.92 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