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
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