Summit Midstream (SMC) FCF Payout Ratio (2023 - 2026)
Summit Midstream's (SMC) quarterly FCF Payout Ratio came in at 11.54 in Q1 2026, down 3144.79% YoY from 0.38 in Q1 2025, and down 24594.06% on a QoQ basis from 0.05 in Q4 2025.
Summit Midstream (SMC) FCF Payout Ratio (2023 - 2026) Analysis & Trends
Summit Midstream (SMC) has 4 years of FCF Payout Ratio data on file, last reported at 11.54 in Q1 2026.
- Quarterly FCF Payout Ratio fell 3144.79% year-over-year to 11.54 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 4.03 (up 1563.58% YoY) and the FY2025 annual result came in at 0.15, down 81.68% from the prior year.
- FCF Payout Ratio fell to 11.54 in Q1 2026, from 0.05 in the prior quarter.
- In the past five years, FCF Payout Ratio ranged from a high of 0.43 in Q3 2025 to a low of 11.54 in Q1 2026.
- A 4-year average of 1.25 and a median of 0.01 in 2024 frame the typical range for FCF Payout Ratio.
- Annual changes were most pronounced in 2025 — FCF Payout Ratio jumped 314.03% — and 2026, when it tumbled 3144.79%.
- Tracing SMC's FCF Payout Ratio over 4 years: stood at 0.56 in 2023, then soared by 149.09% to 0.28 in 2024, then plunged by 82.93% to 0.05 in 2025, then plunged by 24594.06% to 11.54 in 2026.
- The last three FCF Payout Ratio figures came in at 11.54 (Q1 2026), 0.05 (Q4 2025), and 0.43 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 0.68 |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 1.87 |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 0.59 |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 0.46 |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | -0.14 |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 1.25 |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 0.47 |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 0.63 |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 0.48 |
| 10 | Summit Midstream | 481.04 Mn | 460.07 Mn | 105.92 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -11.54 |
| Dec 31, 2025 | 0.05 |
| Sep 30, 2025 | 0.43 |
| Jun 30, 2025 | 0.15 |
| Mar 31, 2025 | -0.36 |
| Dec 31, 2024 | 0.28 |
| Sep 30, 2024 | -0.91 |
| Jun 30, 2024 | -0.07 |
| Mar 31, 2024 | 0.06 |
| Dec 31, 2023 | -0.56 |