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
DateValue
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