Summit Midstream (SMC) EBIT Margin (2023 - 2026)
Summit Midstream (SMC) posted EBIT Margin of 16.55% for Q1 2026, down 10.97% on a QoQ basis from 14.91% in Q4 2025, and down 83.0% year-over-year from 97.34% in Q1 2025.
Summit Midstream (SMC) EBIT Margin (2023 - 2026) Analysis & Trends
Summit Midstream's EBIT Margin history runs 4 years deep, the most recent figure standing at 16.55% for Q1 2026.
- Quarterly EBIT Margin fell 83.0% year-over-year to 16.55% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 13.88% (up 707.0% YoY) and the FY2025 annual result came in at 13.66%, up 2287.0% from the prior year.
- EBIT Margin was 16.55% for Q1 2026 at Summit Midstream, down from 14.91% in the prior quarter.
- Across five years, EBIT Margin topped out at 1.1% in Q3 2023 and bottomed at 71.4% in Q1 2024.
- A 4-year average of 20.1% and a median of 15.72% in 2025 frame the typical range for EBIT Margin.
- Annual changes were most pronounced in 2024 — EBIT Margin sank 2271 bps — and 2025, when it soared 5569 bps.
- Summit Midstream's EBIT Margin stood at 7.84% in 2023, then sank by 290 bps to 30.55% in 2024, then surged by 51 bps to 14.91% in 2025, then decreased by 11 bps to 16.55% in 2026.
- Business Quant data shows SMC's EBIT Margin at 16.55% in Q1 2026, 14.91% in Q4 2025, and 8.83% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 90.00% |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 103.91% |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 30.06% |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 14.43% |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 13.17% |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 31.60% |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 10.74% |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 20.68% |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 14.85% |
| 10 | Summit Midstream | 371.60 Mn | 647.38 Mn | 99.77 Mn | -16.55% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -16.55% |
| Dec 31, 2025 | -14.91% |
| Sep 30, 2025 | -8.83% |
| Jun 30, 2025 | -15.48% |
| Mar 31, 2025 | -15.72% |
| Dec 31, 2024 | -30.55% |
| Sep 30, 2024 | -16.21% |
| Jun 30, 2024 | -22.47% |
| Mar 31, 2024 | -71.40% |
| Dec 31, 2023 | -7.84% |
| Sep 30, 2023 | -1.10% |