Summit Midstream (SMC) EBITDA Margin (2023 - 2026)
Summit Midstream's EBITDA Margin was 3.75% in Q3 2026, down 7.92 percentage points from 11.67% a year earlier but up 1.04 percentage points from the prior quarter.
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Analysis
Summit Midstream (SMC) EBITDA Margin (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, Summit Midstream's EBITDA Margin was 3.93% through Sep 30, 2026, down 1.69 percentage points year-over-year; for FY2025, it came in at 7.54%, up 17.76 percentage points from FY2024.
- In earlier years, EBITDA Margin was -10.22% in FY2024 (-32.13 pp) and 21.91% in FY2023.
- Quarterly EBITDA Margin has moved between -44.81% (Q1 2024) and 24.48% (Q3 2023) over five years.
- Compared with a year earlier, EBITDA Margin has declined for three straight quarters, with an average year-over-year change of +3.20 percentage points over the last eight quarters.
- The best year-over-year quarter for EBITDA Margin over five years was Q1 2025 (a gain of 51.49 percentage points); the worst was Q4 2024 (a drop of 25.63 percentage points).
- Per Business Quant data, SMC's EBITDA Margin in the three quarters before Q3 2026 was 2.71% (Q2 2026), 4.66% (Q1 2026) and 4.76% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 17.21% |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 54.48% |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 14.64% |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 39.46% |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | - |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 11.80% |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 27.89% |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 37.39% |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 51.65% |
| 10 | Summit Midstream | 622.23 Mn | 862.39 Mn | 123.27 Mn | 3.75% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.75% |
| Jun 30, 2026 | 2.71% |
| Mar 31, 2026 | 4.66% |
| Dec 31, 2025 | 4.76% |
| Sep 30, 2025 | 11.67% |
| Jun 30, 2025 | 6.84% |
| Mar 31, 2025 | 6.68% |
| Dec 31, 2024 | -5.62% |
| Sep 30, 2024 | 10.35% |
| Jun 30, 2024 | 4.72% |
| Mar 31, 2024 | -44.81% |
| Dec 31, 2023 | 20.01% |
| Sep 30, 2023 | 24.48% |
API Access
Summit Midstream EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=SMC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "SMC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=SMC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();