Summit Midstream (SMC) Interest Coverage Ratio (2023 - 2026)
Summit Midstream (SMC) posted Interest Coverage Ratio of 0.56 for Q1 2026, up 66.48% on a QoQ basis from 1.66 in Q4 2025, and up 8.64% year-over-year from 0.51 in Q1 2025.
Summit Midstream (SMC) Interest Coverage Ratio (2023 - 2026) Analysis & Trends
Summit Midstream's Interest Coverage Ratio history runs 4 years deep, the most recent figure standing at 0.56 for 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 0.77 (up 18.39% YoY) and the FY2025 annual result came in at 0.81, up 40.4% from the prior year.
- Interest Coverage Ratio was 0.56 for Q1 2026 at Summit Midstream, up from 1.66 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 0.04 in Q3 2023 and bottomed at 4.83 in Q4 2024.
- A 4-year average of 1.17 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 plunged 3194.25% — and 2025, when it jumped 72.81%.
- Summit Midstream's Interest Coverage Ratio stood at 0.15 in 2023, then sank by 3194.25% to 4.83 in 2024, then soared by 65.61% to 1.66 in 2025, then soared by 66.48% to 0.56 in 2026.
- Business Quant data shows SMC's Interest Coverage Ratio at 0.56 in Q1 2026, 1.66 in Q4 2025, and 0.54 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 29.67 |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -4.16 |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 5.26 |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 2.64 |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 2.88 |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 0.70 |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 3.15 |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 2.21 |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 3.25 |
| 10 | Summit Midstream | 371.60 Mn | 647.38 Mn | 99.77 Mn | -0.56 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.56 |
| Dec 31, 2025 | -1.66 |
| Sep 30, 2025 | -0.54 |
| Jun 30, 2025 | -0.91 |
| Mar 31, 2025 | -0.61 |
| Dec 31, 2024 | -4.83 |
| Sep 30, 2024 | -0.65 |
| Jun 30, 2024 | -0.72 |
| Mar 31, 2024 | -2.24 |
| Dec 31, 2023 | -0.15 |
| Sep 30, 2023 | -0.04 |