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| 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 |