Summit Midstream (SMC) Free Cash Flow (2023 - 2026)
Summit Midstream's (SMC) quarterly Free Cash Flow came in at $18.9 million in Q2 2026, up 74.99% on a YoY basis from $10.8 million in Q2 2025, and up 252.65% quarter-over-quarter from -$12.4 million in Q1 2026.
Analysis
Summit Midstream (SMC) Free Cash Flow (2023 - 2026) Analysis & Trends
Summit Midstream (SMC) has reported Free Cash Flow for 4 consecutive years, with $18.9 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Free Cash Flow rose 74.99% year-over-year to $18.9 million; the trailing twelve-month figure through Jun 2026 stood at $44.8 million (up 333.05% YoY), and the FY2025 full-year result was $44.6 million, up 445.99% from the prior year.
- Free Cash Flow improved to $18.9 million in Q2 2026 per SMC's latest filing, from -$12.4 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $34.5 million in Q4 2025 and bottomed at -$23.2 million in Q2 2024.
- Historically, Free Cash Flow has averaged $5.1 million across 4 years, with a median of $3.8 million in 2025.
- The sharpest annual moves came in 2025 and 2026: Free Cash Flow jumped 485.77% in 2025, then sank 171.13% in 2026.
- Over 4 years, Free Cash Flow stood at -$2.9 million in 2023, then jumped by 303.7% to $5.9 million in 2024, then surged by 485.77% to $34.5 million in 2025, then tumbled by 45.17% to $18.9 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered $18.9 million, -$12.4 million, and $34.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 978.00 Mn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 2.02 Bn |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 2.71 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 2.66 Bn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 431.20 Mn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 877.00 Mn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 1.44 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 821.24 Mn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 1.12 Bn |
| 10 | Summit Midstream | 694.72 Mn | 994.24 Mn | 105.92 Mn | 18.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.94 Mn |
| Mar 31, 2026 | -12.41 Mn |
| Dec 31, 2025 | 34.54 Mn |
| Sep 30, 2025 | 3.76 Mn |
| Jun 30, 2025 | 10.82 Mn |
| Mar 31, 2025 | -4.58 Mn |
| Dec 31, 2024 | 5.90 Mn |
| Sep 30, 2024 | -1.79 Mn |
| Jun 30, 2024 | -23.17 Mn |
| Mar 31, 2024 | 27.22 Mn |
| Dec 31, 2023 | -2.90 Mn |