Summit Midstream (SMC) EBT (2023 - 2026)
Summit Midstream (SMC) reported EBT of -$4.2 million for Q1 2026, down 184.54% on a YoY basis from $4.9 million in Q1 2025, and up 47.2% quarter-over-quarter from -$7.9 million in Q4 2025.
Summit Midstream (SMC) EBT (2023 - 2026) Analysis & Trends
Summit Midstream has reported EBT for 4 years, with the latest figure at -$4.2 million in Q1 2026.
- For the quarter ending Q1 2026, EBT fell 184.54% year-over-year to -$4.2 million; the trailing twelve-month figure through Mar 2026 stood at -$11.5 million (up 87.85% YoY), and the FY2025 full-year result was -$2.4 million, down 107.18% from the prior year.
- EBT for Q1 2026 stood at -$4.2 million, up from -$7.9 million in the prior quarter.
- The five-year high for EBT was $133.1 million in Q1 2024, with the low at -$55.0 million in Q3 2024.
- Historically, EBT has averaged $1.5 million across 4 years, with a median of -$5.0 million in 2025.
- Annual changes were most pronounced in 2024 — EBT plunged 1493.01% — and 2025, when it soared 110.07%.
- Summit Midstream's EBT stood at -$14.6 million in 2023, then plunged by 38.44% to -$20.2 million in 2024, then soared by 60.99% to -$7.9 million in 2025, then jumped by 47.2% to -$4.2 million in 2026.
- The last three EBT figures came in at -$4.2 million (Q1 2026), -$7.9 million (Q4 2025), and $5.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 1.72 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 1.52 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 1.29 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 2.11 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 239.84 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 923.00 Mn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 611.30 Mn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 1.02 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 1.02 Bn |
| 10 | Summit Midstream | 365.55 Mn | 641.34 Mn | 100.93 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 |