Summit Midstream (SMC) FCF Margin (2023 - 2026)
Summit Midstream (SMC) posted FCF Margin of 8.92% for Q1 2026, down 136.73% on a QoQ basis from 24.28% in Q4 2025, and down 547.0% year-over-year from 1.99% in Q1 2025.
Summit Midstream (SMC) FCF Margin (2023 - 2026) Analysis & Trends
Summit Midstream's FCF Margin history runs 4 years deep, the most recent figure standing at 8.92% for Q1 2026.
- Quarterly FCF Margin fell 547.0% year-over-year to 8.92% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 6.46% (up 1179.0% YoY) and the FY2025 annual result came in at 7.93%, up 603.0% from the prior year.
- FCF Margin was 8.92% for Q1 2026 at Summit Midstream, down from 24.28% in the prior quarter.
- Across five years, FCF Margin topped out at 24.28% in Q4 2025 and bottomed at 22.86% in Q2 2024.
- A 4-year average of 2.37% and a median of 0.41% in 2024 frame the typical range for FCF Margin.
- Peak annual rise in FCF Margin reached 3058 bps in 2025, while the deepest fall reached 2635 bps in 2025.
- Summit Midstream's FCF Margin stood at 2.27% in 2023, then soared by 342 bps to 5.51% in 2024, then surged by 341 bps to 24.28% in 2025, then tumbled by 137 bps to 8.92% in 2026.
- Business Quant data shows SMC's FCF Margin at 8.92% in Q1 2026, 24.28% in Q4 2025, and 2.56% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 53.09% |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 15.79% |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 21.84% |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | -0.43% |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 3.38% |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 97.53% |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 5.26% |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | -3.91% |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 0.73% |
| 10 | Summit Midstream | 371.60 Mn | 647.38 Mn | 99.77 Mn | -8.92% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -8.92% |
| Dec 31, 2025 | 24.28% |
| Sep 30, 2025 | 2.56% |
| Jun 30, 2025 | 7.72% |
| Mar 31, 2025 | -3.45% |
| Dec 31, 2024 | 5.51% |
| Sep 30, 2024 | -1.75% |
| Jun 30, 2024 | -22.86% |
| Mar 31, 2024 | 22.90% |
| Dec 31, 2023 | -2.27% |