Summit Midstream (SMC) Interest Coverage Ratio (2023 - 2026)
Summit Midstream (SMC) posted Interest Coverage Ratio of 0.87 for Q1 2026, up 0.5% on a QoQ basis from 0.88 in Q4 2025, and down 3.97% year-over-year from 0.91 in Q1 2025.
Summit Midstream (SMC) Interest Coverage Ratio (2023 - 2026) Analysis & Trends
Summit Midstream (SMC) has reported Interest Coverage Ratio for 4 consecutive years, with 0.87 the latest figure, recorded in Q1 2026.
- Interest Coverage Ratio for Q1 2026 came in at 0.87, down 3.97% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.8 (up 24.3% YoY), and the FY2025 annual result was 0.81, up 40.4% from the prior year.
- Interest Coverage Ratio was 0.87 for Q1 2026 at Summit Midstream, up from 0.88 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 0.04 in Q3 2023 and troughed at 2.34 in Q4 2024.
- A 4-year average of 0.94 and a median of 0.84 in 2025 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2024 — Interest Coverage Ratio plunged 1566.43% — and 2025, when it surged 62.51%.
- Year by year, Interest Coverage Ratio stood at 0.34 in 2023, then sank by 580.72% to 2.34 in 2024, then soared by 62.45% to 0.88 in 2025, then gained by 0.5% to 0.87 in 2026.
- Per Business Quant, the three latest SMC Interest Coverage Ratio figures stand at 0.87 (Q1 2026), 0.88 (Q4 2025), and 0.55 (Q3 2025).
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 2.64 |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | - |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 4.92 |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 3.15 |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | - |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 4.17 |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 3.25 |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 1.99 |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 2.59 |
| 10 | Summit Midstream | 351.13 Mn | 626.92 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 |