Summit Midstream (SMC) EBT Margin (2023 - 2026)
Summit Midstream (SMC) recorded EBT Margin of 3.63% in Q2 2026, up 7.19 percentage points from -3.55% a year earlier and up 6.63 percentage points from the prior quarter.
Summit Midstream (SMC) EBT Margin (2023 - 2026) Analysis & Trends
On a TTM basis, Summit Midstream's EBT Margin came in at -0.15% as of Jun 30, 2026, up 15.45 percentage points year-over-year; for FY2025, it was -0.43%, down 8.23 percentage points from FY2024.
- Across earlier years, EBT Margin came in at 7.80% in FY2024 (+16.22 pp) and -8.42% in FY2023.
- Quarterly EBT Margin has ranged from -53.67% in Q3 2024 to 112.00% in Q1 2024 over the past five years.
- On a year-over-year basis, EBT Margin rose in four of the last eight quarters, with an average year-over-year change of -10.10 percentage points.
- Peak year-over-year performance for EBT Margin in the last five years was a gain of 57.44 percentage points in Q3 2025, against a drop of 108.29 percentage points in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at -3.00% (Q1 2026), -5.55% (Q4 2025) and 3.77% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 6.86% |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 10.22% |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 7.93% |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 26.04% |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 36.72% |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 22.63% |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 32.88% |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 10.51% |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 69.92% |
| 10 | Summit Midstream | 622.22 Mn | 844.45 Mn | 105.92 Mn | 3.63% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.63% |
| Mar 31, 2026 | -3.00% |
| Dec 31, 2025 | -5.55% |
| Sep 30, 2025 | 3.77% |
| Jun 30, 2025 | -3.55% |
| Mar 31, 2025 | 3.72% |
| Dec 31, 2024 | -18.91% |
| Sep 30, 2024 | -53.67% |
| Jun 30, 2024 | -24.11% |
| Mar 31, 2024 | 112.00% |
| Dec 31, 2023 | -11.48% |
| Sep 30, 2023 | 3.26% |
Summit Midstream EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=SMC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "SMC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=SMC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();