Summit Midstream (SMC) Interest Coverage Ratio (2023 - 2026)
Summit Midstream (SMC) reported Interest Coverage Ratio of 0.87 for Q1 2026, down 3.97% on a YoY basis from 0.91 in Q1 2025, and up 0.5% quarter-over-quarter from 0.88 in Q4 2025.
Summit Midstream (SMC) Interest Coverage Ratio (2023 - 2026) Analysis & Trends
Summit Midstream has reported Interest Coverage Ratio for 4 years, with the latest figure at 0.87 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio fell 3.97% year-over-year to 0.87; the trailing twelve-month figure through Mar 2026 stood at 0.8 (up 24.3% YoY), and the FY2025 full-year result was 0.81, up 40.4% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 0.87, up from 0.88 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 0.04 in Q3 2023, with the low at 2.34 in Q4 2024.
- Historically, Interest Coverage Ratio has averaged 0.94 across 4 years, with a median of 0.84 in 2025.
- Annual changes were most pronounced in 2024 — Interest Coverage Ratio sank 1566.43% — and 2025, when it jumped 62.51%.
- Summit Midstream's Interest Coverage Ratio stood at 0.34 in 2023, then sank by 580.72% to 2.34 in 2024, then jumped by 62.45% to 0.88 in 2025, then increased by 0.5% to 0.87 in 2026.
- The last three Interest Coverage Ratio figures came in at 0.87 (Q1 2026), 0.88 (Q4 2025), and 0.55 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 2.64 |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 4.92 |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | - |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 3.15 |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | -17.95 |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 4.17 |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | - |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 3.25 |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 3.25 |
| 10 | Summit Midstream | 365.55 Mn | 641.34 Mn | 100.93 Mn | -0.87 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.87 |
| Dec 31, 2025 | -0.88 |
| Sep 30, 2025 | -0.55 |
| Jun 30, 2025 | -0.91 |
| Mar 31, 2025 | -0.84 |
| Dec 31, 2024 | -2.34 |
| Sep 30, 2024 | -0.65 |
| Jun 30, 2024 | -0.72 |
| Mar 31, 2024 | -2.24 |
| Dec 31, 2023 | -0.34 |
| Sep 30, 2023 | -0.04 |