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

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

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

Summit Midstream has reported Equity Ratio for 4 years, with the latest figure at 0.38 in Q1 2026.

  • For the quarter ending Q1 2026, Equity Ratio fell 4.38% year-over-year to 0.38; the trailing twelve-month figure through Mar 2026 stood at 0.38 (down 4.38% YoY), and the FY2025 full-year result was 0.23, down 44.07% from the prior year.
  • Equity Ratio for Q1 2026 stood at 0.38, up from 0.23 in the prior quarter.
  • The five-year high for Equity Ratio was 0.41 in Q4 2024, with the low at 0.05 in Q4 2023.
  • Historically, Equity Ratio has averaged 0.3 across 4 years, with a median of 0.35 in 2024.
  • Annual changes were most pronounced in 2024 — Equity Ratio jumped 718.46% — and 2025, when it tumbled 44.07%.
  • Summit Midstream's Equity Ratio stood at 0.05 in 2023, then surged by 718.46% to 0.41 in 2024, then plunged by 44.07% to 0.23 in 2025, then surged by 66.22% to 0.38 in 2026.
  • The last three Equity Ratio figures came in at 0.38 (Q1 2026), 0.23 (Q4 2025), and 0.23 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 0.28
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 0.38
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 0.43
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 0.23
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 0.33
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 0.12
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 0.33
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 0.23
10 Summit Midstream 365.55 Mn 641.34 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