Summit Midstream (SMC) Common Equity (2023 - 2026)
Summit Midstream (SMC) reported Common Equity of $918.87 million for Q2 2026, down 4.2% from $959.03 million a year earlier but up 0.4% from the prior quarter.
Summit Midstream (SMC) Common Equity (2023 - 2026) Analysis & Trends
At the end of FY2025, Summit Midstream posted Common Equity of $946.56 million, down 1.9% from FY2024.
- By year, Common Equity came in at $965.13 million in FY2024 (+34.3%) and $718.56 million in FY2023.
- Five-year quarterly Common Equity spans a low of $651.48 million in Q3 2024 and a high of $967.96 million in Q1 2025.
- Year over year, Common Equity has now declined in each of the last three quarters, with growth averaging 11.1% over the last eight quarters.
- The high point for year-over-year Common Equity in five years was Q3 2025 (growth of 47.0%); the low point was Q3 2024 (a decline of 11.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $914.99 million (Q1 2026), $946.56 million (Q4 2025) and $957.95 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 49.24 Bn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 31.06 Bn |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 50.52 Bn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 32.88 Bn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 780.76 Mn |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 3.80 Bn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 14.25 Bn |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 23.04 Bn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 11.49 Bn |
| 10 | Summit Midstream | 622.22 Mn | 844.45 Mn | 105.92 Mn | 918.87 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 918.87 Mn |
| Mar 31, 2026 | 914.99 Mn |
| Dec 31, 2025 | 946.56 Mn |
| Sep 30, 2025 | 957.95 Mn |
| Jun 30, 2025 | 959.03 Mn |
| Mar 31, 2025 | 967.96 Mn |
| Dec 31, 2024 | 965.13 Mn |
| Sep 30, 2024 | 651.48 Mn |
| Jun 30, 2024 | 823.05 Mn |
| Mar 31, 2024 | 848.61 Mn |
| Dec 31, 2023 | 718.56 Mn |
| Sep 30, 2023 | 735.99 Mn |
Summit Midstream Common Equity 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=common-equity&ticker=SMC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "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=common-equity&ticker=SMC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();