Summit Midstream (SMC) EBITDA Margin (2023 - 2026)
Summit Midstream (SMC) posted EBITDA Margin of 0.97% for Q1 2026, down 19.65% on a QoQ basis from 1.21% in Q4 2025, and down 336.0% year-over-year from 0.41% in Q1 2025.
Summit Midstream (SMC) EBITDA Margin (2023 - 2026) Analysis & Trends
Summit Midstream (SMC) has reported EBITDA Margin for 4 consecutive years, with 0.97% the latest figure, recorded in Q1 2026.
- EBITDA Margin for Q1 2026 came in at 0.97%, down 336.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 3.35% (up 772.0% YoY), and the FY2025 annual result was 3.94%, up 2054.0% from the prior year.
- EBITDA Margin was 0.97% for Q1 2026 at Summit Midstream, down from 1.21% in the prior quarter.
- Over five years, EBITDA Margin peaked at 18.64% in Q3 2023 and troughed at 51.57% in Q1 2024.
- A 4-year average of 2.64% and a median of 2.98% in 2025 frame the typical range for EBITDA Margin.
- Annual changes were most pronounced in 2024 — EBITDA Margin plunged 3422 bps — and 2025, when it jumped 5590 bps.
- Year by year, EBITDA Margin stood at 9.83% in 2023, then sank by 348 bps to 24.39% in 2024, then surged by 105 bps to 1.21% in 2025, then decreased by 20 bps to 0.97% in 2026.
- Per Business Quant, the three latest SMC EBITDA Margin figures stand at 0.97% (Q1 2026), 1.21% (Q4 2025), and 8.04% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 14.43% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 29.91% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 13.17% |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 10.74% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 28.57% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 50.33% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 14.85% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 14.83% |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 30.44% |
| 10 | Summit Midstream | 351.13 Mn | 626.92 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% |