Summit Midstream (SMC) EBIT (2023 - 2026)
Summit Midstream (SMC) posted EBIT of -$23.0 million for Q1 2026, down 8.52% on a QoQ basis from -$21.2 million in Q4 2025, and down 10.4% year-over-year from -$25.7 million in Q1 2025.
Summit Midstream (SMC) EBIT (2023 - 2026) Analysis & Trends
Summit Midstream's EBIT history runs 4 years deep, the most recent figure standing at -$23.0 million for Q1 2026.
- Quarterly EBIT fell 10.4% year-over-year to -$23.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$78.9 million (up 15.05% YoY) and the FY2025 annual result came in at -$76.8 million, up 51.09% from the prior year.
- EBIT was -$23.0 million for Q1 2026 at Summit Midstream, down from -$21.2 million in the prior quarter.
- Across five years, EBIT topped out at -$1.3 million in Q3 2023 and bottomed at -$84.9 million in Q1 2024.
- A 4-year average of -$24.4 million and a median of -$21.2 million in 2025 frame the typical range for EBIT.
- Annual changes were most pronounced in 2024 — EBIT plunged 1139.51% — and 2025, when it surged 75.43%.
- Summit Midstream's EBIT stood at -$10.0 million in 2023, then slumped by 227.51% to -$32.7 million in 2024, then soared by 35.09% to -$21.2 million in 2025, then dropped by 8.52% to -$23.0 million in 2026.
- Business Quant data shows SMC's EBIT at -$23.0 million in Q1 2026, -$21.2 million in Q4 2025, and -$13.0 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 167.66 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 83.60 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 1.35 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 2.35 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 1.90 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 441.01 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 2.98 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 846.90 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 1.43 Bn |
| 10 | Summit Midstream | 371.60 Mn | 647.38 Mn | 99.77 Mn | -23.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -23.02 Mn |
| Dec 31, 2025 | -21.22 Mn |
| Sep 30, 2025 | -12.98 Mn |
| Jun 30, 2025 | -21.71 Mn |
| Mar 31, 2025 | -20.86 Mn |
| Dec 31, 2024 | -32.69 Mn |
| Sep 30, 2024 | -16.60 Mn |
| Jun 30, 2024 | -22.77 Mn |
| Mar 31, 2024 | -84.88 Mn |
| Dec 31, 2023 | -9.98 Mn |
| Sep 30, 2023 | -1.34 Mn |