Summit Midstream (SMC) Depreciation and Depletion (2023 - 2026)
Summit Midstream (SMC) posted Depreciation and Depletion of $23.2 million for Q1 2026, up 1.24% on a QoQ basis from $22.9 million in Q4 2025, and down 5.98% year-over-year from $24.7 million in Q1 2025.
Summit Midstream (SMC) Depreciation and Depletion (2023 - 2026) Analysis & Trends
Summit Midstream's Depreciation and Depletion history runs 4 years deep, the most recent figure standing at $23.2 million for Q1 2026.
- Quarterly Depreciation and Depletion fell 5.98% year-over-year to $23.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $97.0 million (up 11.88% YoY) and the FY2025 annual result came in at $98.9 million, up 15.49% from the prior year.
- Depreciation and Depletion was $23.2 million for Q1 2026 at Summit Midstream, up from $22.9 million in the prior quarter.
- Across five years, Depreciation and Depletion topped out at $25.9 million in Q2 2025 and bottomed at $20.0 million in Q3 2024.
- A 4-year average of $23.3 million and a median of $23.6 million in 2024 frame the typical range for Depreciation and Depletion.
- Annual changes were most pronounced in 2024 — Depreciation and Depletion declined 16.51% — and 2025, when it rose 27.19%.
- Summit Midstream's Depreciation and Depletion stood at $25.2 million in 2023, then fell by 13.77% to $21.7 million in 2024, then increased by 5.64% to $22.9 million in 2025, then grew by 1.24% to $23.2 million in 2026.
- Business Quant data shows SMC's Depreciation and Depletion at $23.2 million in Q1 2026, $22.9 million in Q4 2025, and $25.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | - |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 19.25 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | - |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | - |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 553.00 Mn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | - |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | - |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 322.80 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | - |
| 10 | Summit Midstream | 371.60 Mn | 647.38 Mn | 99.77 Mn | 23.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.22 Mn |
| Mar 31, 2026 | 23.22 Mn |
| Dec 31, 2025 | 22.93 Mn |
| Dec 31, 2025 | 22.93 Mn |
| Sep 30, 2025 | 25.00 Mn |
| Sep 30, 2025 | 25.00 Mn |
| Jun 30, 2025 | 25.89 Mn |
| Jun 30, 2025 | 25.89 Mn |
| Mar 31, 2025 | 24.70 Mn |
| Mar 31, 2025 | 24.70 Mn |
| Dec 31, 2024 | 21.71 Mn |
| Dec 31, 2024 | 21.71 Mn |
| Sep 30, 2024 | 19.98 Mn |
| Sep 30, 2024 | 19.98 Mn |
| Jun 30, 2024 | 20.36 Mn |
| Jun 30, 2024 | 20.36 Mn |
| Mar 31, 2024 | 23.57 Mn |
| Mar 31, 2024 | 23.57 Mn |
| Dec 31, 2023 | 25.18 Mn |
| Dec 31, 2023 | 25.18 Mn |