Summit Midstream (SMC) EBT Margin (2023 - 2026)
Summit Midstream (SMC) recorded EBT Margin of 10.75% in Q3 2026, up 6.98 percentage points from 3.77% a year earlier and up 7.12 percentage points from the prior quarter.
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Analysis
Summit Midstream (SMC) EBT Margin (2023 - 2026) Analysis & Trends
On a TTM basis, Summit Midstream's EBT Margin came in at 2.14% as of Sep 30, 2026, up 4.94 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.
- The Q3 2026 figure is the highest quarterly EBT Margin since Q1 2024.
- On a year-over-year basis, EBT Margin rose in five of the last eight quarters, with an average year-over-year change of -2.11 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 3.63% (Q2 2026), -3.00% (Q1 2026) and -5.55% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 8.91% |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 30.65% |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 9.22% |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 21.63% |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | - |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 5.39% |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 15.20% |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 26.79% |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 32.62% |
| 10 | Summit Midstream | 622.23 Mn | 862.39 Mn | 123.27 Mn | 10.75% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.75% |
| 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% |
API Access
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_KEYimport 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();