Summit Midstream (SMC) Interest Coverage Ratio (2023 - 2026)
Summit Midstream's (SMC) quarterly Interest Coverage Ratio came in at 0.56 in Q1 2026, up 8.64% YoY from 0.51 in Q1 2025, and up 36.6% on a QoQ basis from 0.88 in Q4 2025.
Summit Midstream (SMC) Interest Coverage Ratio (2023 - 2026) Analysis & Trends
Summit Midstream (SMC) has 4 years of Interest Coverage Ratio data on file, last reported at 0.56 in Q1 2026.
- Quarterly Interest Coverage Ratio rose 8.64% year-over-year to 0.56 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.7 (up 16.34% YoY) and the FY2025 annual result came in at 0.81, up 40.4% from the prior year.
- Interest Coverage Ratio rose to 0.56 in Q1 2026, from 0.88 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 0.04 in Q3 2023 to a low of 2.24 in Q1 2024.
- A 4-year average of 0.82 and a median of 0.65 in 2024 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2024 — Interest Coverage Ratio sank 1566.43% — and 2025, when it jumped 72.81%.
- Tracing SMC's Interest Coverage Ratio over 4 years: stood at 0.27 in 2023, then slumped by 490.2% to 1.6 in 2024, then soared by 45.08% to 0.88 in 2025, then surged by 36.6% to 0.56 in 2026.
- The last three Interest Coverage Ratio figures came in at 0.56 (Q1 2026), 0.88 (Q4 2025), and 0.54 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 5.26 |
| 2 | Enbridge | 110.90 Bn | 109.41 Bn | 5.23 Bn | 2.09 |
| 3 | Enterprise Products Partners | 83.55 Bn | 82.64 Bn | - | 2.31 |
| 4 | Energy Transfer | 72.76 Bn | 71.73 Bn | 7.40 Bn | 3.83 |
| 5 | Tc Energy | 65.92 Bn | 58.36 Bn | 1.24 Bn | 0.31 |
| 6 | Oneok | 60.17 Bn | 60.01 Bn | 2.81 Bn | 3.67 |
| 7 | Mplx | 60.12 Bn | 59.09 Bn | 2.73 Bn | 4.28 |
| 8 | Targa Resources | 59.64 Bn | 59.50 Bn | 2.14 Bn | 1.29 |
| 9 | Cheniere Energy | 56.21 Bn | 54.95 Bn | 5.29 Bn | 1.41 |
| 10 | Summit Midstream | 481.04 Mn | 460.07 Mn | 105.92 Mn | -0.88 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -0.88 |
| Mar 31, 2026 | -0.56 |
| Dec 31, 2025 | -0.88 |
| Sep 30, 2025 | -0.54 |
| Jun 30, 2025 | -0.91 |
| Mar 31, 2025 | -0.61 |
| Dec 31, 2024 | -1.60 |
| Sep 30, 2024 | -0.65 |
| Jun 30, 2024 | -0.72 |
| Mar 31, 2024 | -2.24 |
| Dec 31, 2023 | -0.27 |
| Sep 30, 2023 | -0.04 |