Summit Midstream (SMC) Interest Expenses (2023 - 2026)
Summit Midstream (SMC) reported Interest Expenses of $25.0 million for Q1 2026, up 10.99% on a YoY basis from $22.5 million in Q1 2025, and up 3.59% quarter-over-quarter from $24.1 million in Q4 2025.
Summit Midstream (SMC) Interest Expenses (2023 - 2026) Analysis & Trends
Summit Midstream has reported Interest Expenses for 4 years, with the latest figure at $25.0 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses rose 10.99% year-over-year to $25.0 million; the trailing twelve-month figure through Mar 2026 stood at $97.2 million (down 2.92% YoY), and the FY2025 full-year result was $94.7 million, down 17.94% from the prior year.
- Interest Expenses for Q1 2026 stood at $25.0 million, up from $24.1 million in the prior quarter.
- The five-year high for Interest Expenses was $37.8 million in Q1 2024, with the low at $20.4 million in Q4 2024.
- Historically, Interest Expenses has averaged $27.9 million across 4 years, with a median of $25.0 million in 2026.
- Annual changes were most pronounced in 2024 — Interest Expenses plunged 44.51% — and 2025, when it climbed 18.18%.
- Summit Midstream's Interest Expenses stood at $36.8 million in 2023, then sank by 44.51% to $20.4 million in 2024, then rose by 18.18% to $24.1 million in 2025, then increased by 3.59% to $25.0 million in 2026.
- The last three Interest Expenses figures came in at $25.0 million (Q1 2026), $24.1 million (Q4 2025), and $24.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 891.09 Mn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 385.00 Mn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | - |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 947.00 Mn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | -12.23 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 291.00 Mn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | - |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 439.00 Mn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 626.02 Mn |
| 10 | Summit Midstream | 365.55 Mn | 641.34 Mn | 100.93 Mn | 25.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.01 Mn |
| Mar 31, 2026 | 25.01 Mn |
| Dec 31, 2025 | 24.15 Mn |
| Dec 31, 2025 | 24.15 Mn |
| Sep 30, 2025 | 24.19 Mn |
| Sep 30, 2025 | 24.19 Mn |
| Jun 30, 2025 | 23.86 Mn |
| Jun 30, 2025 | 23.86 Mn |
| Mar 31, 2025 | 22.54 Mn |
| Mar 31, 2025 | 22.54 Mn |
| Dec 31, 2024 | 20.43 Mn |
| Dec 31, 2024 | 20.43 Mn |
| Sep 30, 2024 | 25.71 Mn |
| Sep 30, 2024 | 25.71 Mn |
| Jun 30, 2024 | 31.46 Mn |
| Jun 30, 2024 | 31.46 Mn |
| Mar 31, 2024 | 37.85 Mn |
| Mar 31, 2024 | 37.85 Mn |
| Dec 31, 2023 | 36.82 Mn |
| Dec 31, 2023 | 36.82 Mn |