Summit Midstream (SMC) Interest Coverage Ratio (2023 - 2026)
Summit Midstream's (SMC) quarterly Interest Coverage Ratio came in at 0.88 in Q2 2026, up 16.09% on a YoY basis from 0.76 in Q2 2025, and up 4.36% quarter-over-quarter from 0.92 in Q1 2026.
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Summit Midstream (SMC) Interest Coverage Ratio (2023 - 2026) Analysis & Trends
Summit Midstream (SMC) has reported Interest Coverage Ratio for 4 consecutive years, with 0.88 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio rose 16.09% year-over-year to 0.88; the trailing twelve-month figure through Jun 2026 stood at 0.79 (up 22.87% YoY), and the FY2025 full-year result was 0.81, up 40.4% from the prior year.
- Interest Coverage Ratio climbed to 0.88 in Q2 2026 per SMC's latest filing, from 0.92 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 0.04 in Q3 2023 and bottomed at 2.24 in Q1 2024.
- Historically, Interest Coverage Ratio has averaged 0.89 across 4 years, with a median of 0.85 in 2025.
- The sharpest annual moves came in 2024 and 2025: Interest Coverage Ratio slumped 1566.43% in 2024, then jumped 58.74% in 2025.
- Over 4 years, Interest Coverage Ratio stood at 0.27 in 2023, then plunged by 490.2% to 1.6 in 2024, then jumped by 49.33% to 0.81 in 2025, then slipped by 8.6% to 0.88 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 0.88, 0.92, and 0.81 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | - |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 5.86 |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 3.83 |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 2.69 |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | - |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 4.77 |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 3.67 |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 2.09 |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 5.23 |
| 10 | Summit Midstream | 694.72 Mn | 994.24 Mn | 105.92 Mn | -0.88 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.88 |
| Mar 31, 2026 | -0.92 |
| Dec 31, 2025 | -0.81 |
| Sep 30, 2025 | -0.55 |
| Jun 30, 2025 | -1.05 |
| Mar 31, 2025 | -0.93 |
| 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 |