Summit Midstream (SMC) FCF Payout Ratio (2023 - 2026)
Summit Midstream (SMC) reported FCF Payout Ratio of 3.98 for Q1 2026, down 442.42% on a YoY basis from 1.16 in Q1 2025, and down 8548.23% quarter-over-quarter from 0.05 in Q4 2025.
Summit Midstream (SMC) FCF Payout Ratio (2023 - 2026) Analysis & Trends
Summit Midstream has reported FCF Payout Ratio for 4 years, with the latest figure at 3.98 in Q1 2026.
- For the quarter ending Q1 2026, FCF Payout Ratio fell 442.42% year-over-year to 3.98; the trailing twelve-month figure through Mar 2026 stood at 1.43 (up 442.62% YoY), and the FY2025 full-year result was 0.15, down 81.68% from the prior year.
- FCF Payout Ratio for Q1 2026 stood at 3.98, down from 0.05 in the prior quarter.
- The five-year high for FCF Payout Ratio was 0.43 in Q3 2025, with the low at 3.98 in Q1 2026.
- Historically, FCF Payout Ratio has averaged 0.62 across 4 years, with a median of 0.14 in 2024.
- Annual changes were most pronounced in 2024 — FCF Payout Ratio surged 149.09% — and 2026, when it plunged 442.42%.
- Summit Midstream's FCF Payout Ratio 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 sank by 8548.23% to 3.98 in 2026.
- The last three FCF Payout Ratio figures came in at 3.98 (Q1 2026), 0.05 (Q4 2025), and 0.43 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | -1.10 |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 0.05 |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 0.03 |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 0.80 |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 1.42 |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | -1.37 |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 9.63 |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | -1.61 |
| 10 | Summit Midstream | 365.55 Mn | 641.34 Mn | 100.93 Mn | -3.98 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |