Summit Midstream (SMC) FCF Payout Ratio (2023 - 2026)

Summit Midstream (SMC) posted FCF Payout Ratio of 3.98 for Q1 2026, down 8548.23% on a QoQ basis from 0.05 in Q4 2025, and down 442.42% year-over-year from 1.16 in Q1 2025.

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

Summit Midstream (SMC) has reported FCF Payout Ratio for 4 consecutive years, with 3.98 the latest figure, recorded in Q1 2026.

  • FCF Payout Ratio for Q1 2026 came in at 3.98, down 442.42% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.43 (up 442.62% YoY), and the FY2025 annual result was 0.15, down 81.68% from the prior year.
  • FCF Payout Ratio was 3.98 for Q1 2026 at Summit Midstream, down from 0.05 in the prior quarter.
  • Over five years, FCF Payout Ratio peaked at 0.43 in Q3 2025 and troughed at 3.98 in Q1 2026.
  • A 4-year average of 0.62 and a median of 0.14 in 2024 frame the typical range for FCF Payout Ratio.
  • Annual changes were most pronounced in 2024 — FCF Payout Ratio soared 149.09% — and 2026, when it tumbled 442.42%.
  • Year by year, FCF Payout Ratio stood at 0.56 in 2023, then surged by 149.09% to 0.28 in 2024, then plunged by 82.93% to 0.05 in 2025, then sank by 8548.23% to 3.98 in 2026.
  • Per Business Quant, the three latest SMC FCF Payout Ratio figures stand at 3.98 (Q1 2026), 0.05 (Q4 2025), and 0.43 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn -1.10
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 0.03
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 0.05
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 0.80
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn -1.37
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 1.42
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 9.63
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 0.59
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn -0.07
10 Summit Midstream 351.13 Mn 626.92 Mn 100.93 Mn -3.98

Historic Data

Download Data
DateValue
Mar 31, 2026 -3.98
Dec 31, 2025 0.05
Sep 30, 2025 0.43
Jun 30, 2025 -0.01
Mar 31, 2025 -0.73
Dec 31, 2024 0.28
Sep 30, 2024 -0.91
Jun 30, 2024 -0.14
Dec 31, 2023 -0.56