Summit Midstream (SMC) EBT Margin (2023 - 2026)
Summit Midstream's (SMC) quarterly EBT Margin came in at 3.63% in Q2 2026, up 719.0% on a YoY basis from 0.44% in Q2 2025, and up 221.31% quarter-over-quarter from 3.0% in Q1 2026.
Analysis
Summit Midstream (SMC) EBT Margin (2023 - 2026) Analysis & Trends
Summit Midstream (SMC) has reported EBT Margin for 4 consecutive years, with 3.63% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBT Margin rose 719.0% year-over-year to 3.63%; the trailing twelve-month figure through Jun 2026 stood at 0.15% (up 1545.0% YoY), and the FY2025 full-year result was 0.43%, down 823.0% from the prior year.
- EBT Margin grew to 3.63% in Q2 2026 per SMC's latest filing, from 3.0% in the prior quarter.
- Across five years, EBT Margin topped out at 112.0% in Q1 2024 and bottomed at 53.67% in Q3 2024.
- Historically, EBT Margin has averaged 0.51% across 4 years, with a median of 3.27% in 2025.
- The widest YoY moves for EBT Margin: up 5744 bps in 2025, down 10829 bps in 2025.
- Over 4 years, EBT Margin stood at 11.48% in 2023, then tumbled by 65 bps to 18.91% in 2024, then jumped by 71 bps to 5.55% in 2025, then jumped by 166 bps to 3.63% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 3.63%, 3.0%, and 5.55% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 26.04% |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 10.22% |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 7.93% |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 36.72% |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 22.63% |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 32.88% |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 10.51% |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 6.86% |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 30.30% |
| 10 | Summit Midstream | 694.72 Mn | 994.24 Mn | 105.92 Mn | 3.63% |
Historic Data
Download Data
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% |