Summit Midstream (SMC) Free Cash Flow (2023 - 2026)
Summit Midstream (SMC) posted Free Cash Flow of -$12.4 million for Q1 2026, down 135.92% on a QoQ basis from $34.5 million in Q4 2025, and down 171.13% year-over-year from $17.4 million in Q1 2025.
Summit Midstream (SMC) Free Cash Flow (2023 - 2026) Analysis & Trends
Summit Midstream's Free Cash Flow history runs 4 years deep, the most recent figure standing at -$12.4 million for Q1 2026.
- Quarterly Free Cash Flow fell 171.13% year-over-year to -$12.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $36.7 million (up 255.38% YoY) and the FY2025 annual result came in at $44.6 million, up 445.99% from the prior year.
- Free Cash Flow was -$12.4 million for Q1 2026 at Summit Midstream, down from $34.5 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.
- A 4-year average of $3.7 million and a median of $986500.0 in 2024 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2025 — Free Cash Flow soared 485.77% — and 2026, when it tumbled 171.13%.
- Summit Midstream's 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 slumped by 135.92% to -$12.4 million in 2026.
- Business Quant data shows SMC's Free Cash Flow at -$12.4 million in Q1 2026, $34.5 million in Q4 2025, and $3.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 98.91 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 12.71 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 978.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | -70.73 Mn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 486.00 Mn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 1.36 Bn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 1.46 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | -160.00 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 70.00 Mn |
| 10 | Summit Midstream | 371.60 Mn | 647.38 Mn | 99.77 Mn | -12.41 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -12.41 Mn |
| Mar 31, 2026 | -12.41 Mn |
| Dec 31, 2025 | 34.54 Mn |
| Dec 31, 2025 | 34.54 Mn |
| Sep 30, 2025 | 3.76 Mn |
| Sep 30, 2025 | 3.76 Mn |
| Jun 30, 2025 | 10.82 Mn |
| Jun 30, 2025 | 10.82 Mn |
| Mar 31, 2025 | -4.58 Mn |
| Mar 31, 2025 | -4.58 Mn |
| Dec 31, 2024 | 5.90 Mn |
| Dec 31, 2024 | 5.90 Mn |
| Sep 30, 2024 | -1.79 Mn |
| Sep 30, 2024 | -1.79 Mn |
| Jun 30, 2024 | -23.17 Mn |
| Jun 30, 2024 | -23.17 Mn |
| Mar 31, 2024 | 27.22 Mn |
| Mar 31, 2024 | 27.22 Mn |
| Dec 31, 2023 | -2.90 Mn |
| Dec 31, 2023 | -2.90 Mn |