Summit Midstream (SMC) FCF Payout Ratio (2023 - 2026)
Summit Midstream (SMC) posted FCF Payout Ratio of 11.54 for Q1 2026, down 24594.06% on a QoQ basis from 0.05 in Q4 2025, and down 3144.79% year-over-year from 0.38 in Q1 2025.
Summit Midstream (SMC) FCF Payout Ratio (2023 - 2026) Analysis & Trends
Summit Midstream's FCF Payout Ratio history runs 4 years deep, the most recent figure standing at 11.54 for 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 was 11.54 for Q1 2026 at Summit Midstream, down 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.
- 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 slumped 3144.79%.
- Summit Midstream's 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.
- Business Quant data shows SMC's FCF Payout Ratio at 11.54 in Q1 2026, 0.05 in Q4 2025, and 0.43 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | -0.67 |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -3.19 |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 0.68 |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | -21.81 |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 0.05 |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | -0.27 |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 0.80 |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | -1.37 |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 9.63 |
| 10 | Summit Midstream | 371.60 Mn | 647.38 Mn | 99.77 Mn | -11.54 |
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 |