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% on a YoY basis from 0.38 in Q1 2025, and down 24594.06% quarter-over-quarter from 0.05 in Q4 2025.
Analysis
Summit Midstream (SMC) FCF Payout Ratio (2023 - 2026) Analysis & Trends
Summit Midstream (SMC) has reported FCF Payout Ratio for 4 consecutive years, with 11.54 the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, FCF Payout Ratio fell 3144.79% year-over-year to 11.54; the trailing twelve-month figure through Jun 2026 stood at 3.27 (up 419.36% YoY), and the FY2025 full-year result was 0.15, down 81.68% from the prior year.
- FCF Payout Ratio eased to 11.54 in Q1 2026 per SMC's latest filing, from 0.05 in the prior quarter.
- Across five years, FCF Payout Ratio topped out at 0.43 in Q3 2025 and bottomed at 11.54 in Q1 2026.
- Historically, FCF Payout Ratio has averaged 1.25 across 4 years, with a median of 0.01 in 2024.
- The sharpest annual moves came in 2025 and 2026: FCF Payout Ratio surged 314.03% in 2025, then plunged 3144.79% in 2026.
- Over 4 years, FCF Payout Ratio stood at 0.56 in 2023, then surged by 149.09% to 0.28 in 2024, then slumped by 82.93% to 0.05 in 2025, then slumped by 24594.06% to 11.54 in 2026.
- According to Business Quant data, FCF Payout Ratio over the past three periods registered 11.54, 0.05, and 0.43 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 0.68 |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 0.59 |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 0.46 |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | -0.10 |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 0.63 |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 1.25 |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 0.47 |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 1.87 |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | -0.38 |
| 10 | Summit Midstream | 694.72 Mn | 994.24 Mn | 105.92 Mn | - |
Historic Data
Download Data
Historic 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 |