Summit Midstream (SMC) EBITDA (2023 - 2026)
Summit Midstream (SMC) reported EBITDA of $1.3 million for Q1 2026, down 76.52% on a YoY basis from $5.7 million in Q1 2025, and down 21.43% quarter-over-quarter from $1.7 million in Q4 2025.
Summit Midstream (SMC) EBITDA (2023 - 2026) Analysis & Trends
Summit Midstream has reported EBITDA for 4 years, with the latest figure at $1.3 million in Q1 2026.
- For the quarter ending Q1 2026, EBITDA fell 76.52% year-over-year to $1.3 million; the trailing twelve-month figure through Mar 2026 stood at $19.1 million (up 198.3% YoY), and the FY2025 full-year result was $22.1 million, up 131.02% from the prior year.
- EBITDA for Q1 2026 stood at $1.3 million, down from $1.7 million in the prior quarter.
- The five-year high for EBITDA was $22.6 million in Q3 2023, with the low at -$61.3 million in Q1 2024.
- Historically, EBITDA has averaged -$2.4 million across 4 years, with a median of $3.4 million in 2024.
- Annual changes were most pronounced in 2024 — EBITDA slumped 308.47% — and 2025, when it jumped 273.42%.
- Summit Midstream's EBITDA stood at $12.5 million in 2023, then tumbled by 308.47% to -$26.1 million in 2024, then soared by 106.58% to $1.7 million in 2025, then declined by 21.43% to $1.3 million in 2026.
- The last three EBITDA figures came in at $1.3 million (Q1 2026), $1.7 million (Q4 2025), and $11.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 2.35 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 1.90 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 1.44 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 2.98 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 214.13 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 1.53 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 1.17 Bn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 1.43 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 2.03 Bn |
| 10 | Summit Midstream | 365.55 Mn | 641.34 Mn | 100.93 Mn | 1.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.35 Mn |
| Dec 31, 2025 | 1.72 Mn |
| Sep 30, 2025 | 11.81 Mn |
| Jun 30, 2025 | 4.18 Mn |
| Mar 31, 2025 | 5.75 Mn |
| Dec 31, 2024 | -26.10 Mn |
| Sep 30, 2024 | 3.38 Mn |
| Jun 30, 2024 | -2.41 Mn |
| Mar 31, 2024 | -61.31 Mn |
| Dec 31, 2023 | 12.52 Mn |
| Sep 30, 2023 | 22.59 Mn |