Summit Midstream (SMC) Depreciation and Depletion (2023 - 2026)

Summit Midstream's (SMC) quarterly Depreciation and Depletion came in at $23.2 million in Q1 2026, down 5.98% YoY from $24.7 million in Q1 2025, and up 1.24% on a QoQ basis from $22.9 million in Q4 2025.

Summit Midstream (SMC) Depreciation and Depletion (2023 - 2026) Analysis & Trends

Summit Midstream (SMC) has 4 years of Depreciation and Depletion data on file, last reported at $23.2 million in 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 climbed to $23.2 million in Q1 2026, from $22.9 million in the prior quarter.
  • In the past five years, Depreciation and Depletion ranged from a high of $25.9 million in Q2 2025 to a low of $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 decreased 16.51% — and 2025, when it climbed 27.19%.
  • Tracing SMC's Depreciation and Depletion over 4 years: stood at $25.2 million in 2023, then dropped by 13.77% to $21.7 million in 2024, then climbed by 5.64% to $22.9 million in 2025, then advanced by 1.24% to $23.2 million in 2026.
  • The last three Depreciation and Depletion figures came in at $23.2 million (Q1 2026), $22.9 million (Q4 2025), and $25.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Depreciation and Depletion (Qtr)
1 Kinder Morgan 112.69 Bn 112.57 Bn 3.07 Bn -
2 Enbridge 110.69 Bn 109.19 Bn 5.23 Bn -
3 Enterprise Products Partners 83.45 Bn 82.54 Bn - 562.00 Mn
4 Energy Transfer 72.64 Bn 71.61 Bn 7.40 Bn -
5 Tc Energy 65.84 Bn 58.29 Bn 1.24 Bn -
6 Mplx 60.05 Bn 59.02 Bn 2.73 Bn 320.00 Mn
7 Oneok 59.98 Bn 59.82 Bn 2.81 Bn -
8 Targa Resources 59.50 Bn 59.37 Bn 2.14 Bn 351.10 Mn
9 Cheniere Energy 55.93 Bn 54.68 Bn 5.29 Bn 378.00 Mn
10 Summit Midstream 481.04 Mn 460.07 Mn 105.92 Mn 23.35 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 23.35 Mn
Jun 30, 2026 23.35 Mn
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