Summit Midstream (SMC) EBITDA Margin (2023 - 2026)
Summit Midstream (SMC) reported EBITDA Margin of 0.97% for Q1 2026, down 336.0% on a YoY basis from 0.41% in Q1 2025, and down 19.65% quarter-over-quarter from 1.21% in Q4 2025.
Summit Midstream (SMC) EBITDA Margin (2023 - 2026) Analysis & Trends
Summit Midstream has reported EBITDA Margin for 4 years, with the latest figure at 0.97% in Q1 2026.
- For the quarter ending Q1 2026, EBITDA Margin fell 336.0% year-over-year to 0.97%; the trailing twelve-month figure through Mar 2026 stood at 3.35% (up 772.0% YoY), and the FY2025 full-year result was 3.94%, up 2054.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 0.97%, down from 1.21% in the prior quarter.
- The five-year high for EBITDA Margin was 18.64% in Q3 2023, with the low at 51.57% in Q1 2024.
- Historically, EBITDA Margin has averaged 2.64% across 4 years, with a median of 2.98% in 2025.
- Annual changes were most pronounced in 2024 — EBITDA Margin sank 3422 bps — and 2025, when it soared 5590 bps.
- Summit Midstream's EBITDA Margin stood at 9.83% in 2023, then sank by 348 bps to 24.39% in 2024, then soared by 105 bps to 1.21% in 2025, then fell by 20 bps to 0.97% in 2026.
- The last three EBITDA Margin figures came in at 0.97% (Q1 2026), 1.21% (Q4 2025), and 8.04% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 14.43% |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 13.17% |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 29.91% |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 10.74% |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 50.33% |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 28.57% |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 14.85% |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 68.07% |
| 10 | Summit Midstream | 365.55 Mn | 641.34 Mn | 100.93 Mn | 0.97% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.97% |
| Dec 31, 2025 | 1.21% |
| Sep 30, 2025 | 8.04% |
| Jun 30, 2025 | 2.98% |
| Mar 31, 2025 | 4.33% |
| Dec 31, 2024 | -24.39% |
| Sep 30, 2024 | 3.30% |
| Jun 30, 2024 | -2.38% |
| Mar 31, 2024 | -51.57% |
| Dec 31, 2023 | 9.83% |
| Sep 30, 2023 | 18.64% |