Summit Midstream (SMC) EBT (2023 - 2026)
Summit Midstream (SMC) posted EBT of -$4.2 million for Q1 2026, up 47.2% on a QoQ basis from -$7.9 million in Q4 2025, and down 184.54% year-over-year from $4.9 million in Q1 2025.
Summit Midstream (SMC) EBT (2023 - 2026) Analysis & Trends
Summit Midstream's EBT history runs 4 years deep, the most recent figure standing at -$4.2 million for Q1 2026.
- Quarterly EBT fell 184.54% year-over-year to -$4.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$11.5 million (up 87.85% YoY) and the FY2025 annual result came in at -$2.4 million, down 107.18% from the prior year.
- EBT was -$4.2 million for Q1 2026 at Summit Midstream, up from -$7.9 million in the prior quarter.
- Across five years, EBT topped out at $133.1 million in Q1 2024 and bottomed at -$55.0 million in Q3 2024.
- A 4-year average of $1.5 million and a median of -$5.0 million in 2025 frame the typical range for EBT.
- Annual changes were most pronounced in 2024 — EBT tumbled 1493.01% — and 2025, when it soared 110.07%.
- Summit Midstream's EBT stood at -$14.6 million in 2023, then slumped by 38.44% to -$20.2 million in 2024, then surged by 60.99% to -$7.9 million in 2025, then soared by 47.2% to -$4.2 million in 2026.
- Business Quant data shows SMC's EBT at -$4.2 million in Q1 2026, -$7.9 million in Q4 2025, and $5.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 164.65 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 19.53 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 1.17 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 1.72 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 1.52 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 1.02 Bn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 2.11 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 611.30 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 1.02 Bn |
| 10 | Summit Midstream | 371.60 Mn | 647.38 Mn | 99.77 Mn | -4.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -4.17 Mn |
| Dec 31, 2025 | -7.89 Mn |
| Sep 30, 2025 | 5.54 Mn |
| Jun 30, 2025 | -4.98 Mn |
| Mar 31, 2025 | 4.93 Mn |
| Dec 31, 2024 | -20.23 Mn |
| Sep 30, 2024 | -54.97 Mn |
| Jun 30, 2024 | -24.43 Mn |
| Mar 31, 2024 | 133.14 Mn |
| Dec 31, 2023 | -14.62 Mn |
| Sep 30, 2023 | 3.95 Mn |