Summit Midstream (SMC) Dividend Coverage Ratio (2023 - 2026)
Summit Midstream's (SMC) quarterly Dividend Coverage Ratio came in at 0.01 in Q1 2026, down 99.63% on a YoY basis from 4.01 in Q1 2025, and down 96.83% quarter-over-quarter from 0.47 in Q4 2025.
Analysis
Summit Midstream (SMC) Dividend Coverage Ratio (2023 - 2026) Analysis & Trends
Summit Midstream (SMC) has reported Dividend Coverage Ratio for 4 consecutive years, with 0.01 the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Dividend Coverage Ratio fell 99.63% year-over-year to 0.01; the trailing twelve-month figure through Jun 2026 stood at 0.08 (down 97.01% YoY), and the FY2025 full-year result was 2.71, down 20.87% from the prior year.
- Dividend Coverage Ratio retreated to 0.01 in Q1 2026 per SMC's latest filing, from 0.47 in the prior quarter.
- Across five years, Dividend Coverage Ratio topped out at 4.54 in Q3 2024 and bottomed at 0.01 in Q1 2026.
- Historically, Dividend Coverage Ratio has averaged 2.88 across 4 years, with a median of 4.02 in 2025.
- The sharpest annual moves came in 2025 and 2026: Dividend Coverage Ratio grew 1.6% in 2025, then tumbled 99.63% in 2026.
- Over 4 years, Dividend Coverage Ratio stood at 4.2 in 2023, then plunged by 89.01% to 0.46 in 2024, then rose by 1.6% to 0.47 in 2025, then tumbled by 96.83% to 0.01 in 2026.
- According to Business Quant data, Dividend Coverage Ratio over the past three periods registered 0.01, 0.47, and 4.04 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 1.34 |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 1.56 |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 1.63 |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | -2.62 |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 2.84 |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 1.00 |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 1.43 |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 0.66 |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | -1.19 |
| 10 | Summit Midstream | 694.72 Mn | 994.24 Mn | 105.92 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 0.01 |
| Dec 31, 2025 | 0.47 |
| Sep 30, 2025 | 4.04 |
| Jun 30, 2025 | 2.33 |
| Mar 31, 2025 | 4.01 |
| Dec 31, 2024 | 0.46 |
| Sep 30, 2024 | 4.54 |
| Jun 30, 2024 | 4.41 |
| Mar 31, 2024 | 4.29 |
| Dec 31, 2023 | 4.20 |