Summit Midstream (SMC) Equity Ratio (2023 - 2026)

Summit Midstream (SMC) posted Equity Ratio of 0.38 for Q1 2026, up 66.22% on a QoQ basis from 0.23 in Q4 2025, and down 4.38% year-over-year from 0.4 in Q1 2025.

Summit Midstream (SMC) Equity Ratio (2023 - 2026) Analysis & Trends

Summit Midstream (SMC) has reported Equity Ratio for 4 consecutive years, with 0.38 the latest figure, recorded in Q1 2026.

  • Equity Ratio for Q1 2026 came in at 0.38, down 4.38% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.38 (down 4.38% YoY), and the FY2025 annual result was 0.23, down 44.07% from the prior year.
  • Equity Ratio was 0.38 for Q1 2026 at Summit Midstream, up from 0.23 in the prior quarter.
  • Over five years, Equity Ratio peaked at 0.41 in Q4 2024 and troughed at 0.05 in Q4 2023.
  • A 4-year average of 0.3 and a median of 0.35 in 2024 frame the typical range for Equity Ratio.
  • Annual changes were most pronounced in 2024 — Equity Ratio surged 718.46% — and 2025, when it slumped 44.07%.
  • Year by year, Equity Ratio stood at 0.05 in 2023, then jumped by 718.46% to 0.41 in 2024, then plunged by 44.07% to 0.23 in 2025, then jumped by 66.22% to 0.38 in 2026.
  • Per Business Quant, the three latest SMC Equity Ratio figures stand at 0.38 (Q1 2026), 0.23 (Q4 2025), and 0.23 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 0.28
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 0.43
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 0.38
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 0.23
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 0.12
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 0.33
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 0.33
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 0.00
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 0.19
10 Summit Midstream 351.13 Mn 626.92 Mn 100.93 Mn 0.38

Historic Data

Download Data
DateValue
Mar 31, 2026 0.38
Dec 31, 2025 0.23
Sep 30, 2025 0.23
Jun 30, 2025 0.40
Mar 31, 2025 0.40
Dec 31, 2024 0.41
Sep 30, 2024 0.33
Dec 31, 2023 0.05