Summit Midstream (SMC) EBT Margin (2023 - 2026)
Summit Midstream's (SMC) quarterly EBT Margin came in at 3.0% in Q1 2026, down 671.0% YoY from 0.52% in Q1 2025, and up 46.0% on a QoQ basis from 5.55% in Q4 2025.
Summit Midstream (SMC) EBT Margin (2023 - 2026) Analysis & Trends
Summit Midstream (SMC) has 4 years of EBT Margin data on file, last reported at 3.0% in Q1 2026.
- Quarterly EBT Margin fell 671.0% year-over-year to 3.0% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2.02% (up 1933.0% YoY) and the FY2025 annual result came in at 0.43%, down 823.0% from the prior year.
- EBT Margin grew to 3.0% in Q1 2026, from 5.55% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 112.0% in Q1 2024 to a low of 53.67% in Q3 2024.
- A 4-year average of 0.22% and a median of 3.55% in 2025 frame the typical range for EBT Margin.
- The widest YoY moves for EBT Margin: up 5744 bps in 2025, down 10829 bps in 2025.
- Tracing SMC's EBT Margin over 4 years: 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 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 26.04% |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 6.86% |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 10.22% |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 7.93% |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 81.49% |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 32.88% |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 10.51% |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 22.63% |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 69.92% |
| 10 | Summit Midstream | 481.04 Mn | 460.07 Mn | 105.92 Mn | 3.63% |
Historic Data
Download 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% |