Summit Midstream (SMC) EBT Margin (2023 - 2026)
Summit Midstream (SMC) reported EBT Margin of 3.0% for Q1 2026, down 671.0% on a YoY basis from 0.52% in Q1 2025, and up 46.0% quarter-over-quarter from 5.55% in Q4 2025.
Summit Midstream (SMC) EBT Margin (2023 - 2026) Analysis & Trends
Summit Midstream has reported EBT Margin for 4 years, with the latest figure at 3.0% in Q1 2026.
- For the quarter ending Q1 2026, EBT Margin fell 671.0% year-over-year to 3.0%; the trailing twelve-month figure through Mar 2026 stood at 2.02% (up 1933.0% YoY), and the FY2025 full-year result was 0.43%, down 823.0% from the prior year.
- EBT Margin for Q1 2026 stood at 3.0%, up from 5.55% in the prior quarter.
- The five-year high for EBT Margin was 112.0% in Q1 2024, with the low at 53.67% in Q3 2024.
- Historically, EBT Margin has averaged 0.22% across 4 years, with a median of 3.55% in 2025.
- The largest YoY upside for EBT Margin was 5744 bps in 2025 against a maximum downside of 10829 bps in 2025.
- Summit Midstream's EBT Margin stood at 11.48% in 2023, then sank by 65 bps to 18.91% in 2024, then surged by 71 bps to 5.55% in 2025, then jumped by 46 bps to 3.0% in 2026.
- The last three EBT Margin figures came in at 3.0% (Q1 2026), 5.55% (Q4 2025), and 3.77% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 10.58% |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 10.55% |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 26.68% |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 7.60% |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 30.38% |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 14.93% |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 10.62% |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 34.17% |
| 10 | Summit Midstream | 365.55 Mn | 641.34 Mn | 100.93 Mn | -3.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |