Summit Midstream (SMC) EBITDA Margin (2023 - 2026)
Summit Midstream's (SMC) quarterly EBITDA Margin came in at 0.5% in Q2 2026, down 111.0% on a YoY basis from 4.56% in Q2 2025, and down 459.97% quarter-over-quarter from 0.14% in Q1 2026.
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Summit Midstream (SMC) EBITDA Margin (2023 - 2026) Analysis & Trends
Summit Midstream (SMC) has reported EBITDA Margin for 4 consecutive years, with 0.5% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBITDA Margin fell 111.0% year-over-year to 0.5%; the trailing twelve-month figure through Jun 2026 stood at 2.5% (up 310.0% YoY), and the FY2025 full-year result was 3.94%, up 2054.0% from the prior year.
- EBITDA Margin slipped to 0.5% in Q2 2026 per SMC's latest filing, from 0.14% in the prior quarter.
- Across five years, EBITDA Margin topped out at 18.64% in Q3 2023 and bottomed at 51.57% in Q1 2024.
- Historically, EBITDA Margin has averaged 1.4% across 4 years, with a median of 1.49% in 2025.
- The sharpest annual moves came in 2024 and 2025: EBITDA Margin plunged 2219 bps in 2024, then surged 5447 bps in 2025.
- Over 4 years, EBITDA Margin stood at 11.94% in 2023, then slumped by 186 bps to 10.26% in 2024, then surged by 123 bps to 2.36% in 2025, then sank by 121 bps to 0.5% in 2026.
- According to Business Quant data, EBITDA Margin over the past three periods registered 0.5%, 0.14%, and 2.36% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 30.06% |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 12.31% |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 10.41% |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 58.43% |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 35.71% |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 51.27% |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 13.22% |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 9.93% |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 37.45% |
| 10 | Summit Midstream | 694.72 Mn | 994.24 Mn | 105.92 Mn | -0.50% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.50% |
| Mar 31, 2026 | 0.14% |
| Dec 31, 2025 | 2.36% |
| Sep 30, 2025 | 8.04% |
| Jun 30, 2025 | 0.61% |
| Mar 31, 2025 | 2.89% |
| Dec 31, 2024 | -10.26% |
| Sep 30, 2024 | 3.30% |
| Jun 30, 2024 | -2.38% |
| Mar 31, 2024 | -51.57% |
| Dec 31, 2023 | 11.94% |
| Sep 30, 2023 | 18.64% |