Summit Midstream (SMC) Interest Expenses (2023 - 2026)
Summit Midstream's Interest Expenses was $27.4 million in Q2 2026, up 14.8% from $23.86 million a year earlier and up 9.6% from the prior quarter.
Summit Midstream (SMC) Interest Expenses (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, Summit Midstream's Interest Expenses was $100.75 million through Jun 30, 2026, up 8.9% year-over-year; for FY2025, it was $94.74 million, down 17.9% from FY2024.
- In earlier years, Interest Expenses was $115.45 million in FY2024 (-18.0%) and $140.78 million in FY2023.
- The Q2 2026 figure marks the highest quarterly Interest Expenses since Q2 2024.
- Compared with a year earlier, Interest Expenses has increased for three straight quarters, with an average decline of 12.1% over the last eight quarters.
- The best year-over-year quarter for Interest Expenses over five years was Q4 2025 (growth of 18.2%); the worst was Q4 2024 (a decline of 44.5%).
- Per Business Quant data, SMC's Interest Expenses in the three quarters before Q2 2026 was $25.01 million (Q1 2026), $24.15 million (Q4 2025) and $24.19 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn | 1.01 Bn |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - | 384.00 Mn |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn | 934.00 Mn |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn | - |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn | 620.99 Mn |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn | - |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn | 289.00 Mn |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn | 287.00 Mn |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn | 434.00 Mn |
| 10 | Summit Midstream | 613.89 Mn | 836.12 Mn | 105.92 Mn | 27.40 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.40 Mn |
| Mar 31, 2026 | 25.01 Mn |
| Dec 31, 2025 | 24.15 Mn |
| Sep 30, 2025 | 24.19 Mn |
| Jun 30, 2025 | 23.86 Mn |
| Mar 31, 2025 | 22.54 Mn |
| Dec 31, 2024 | 20.43 Mn |
| Sep 30, 2024 | 25.71 Mn |
| Jun 30, 2024 | 31.46 Mn |
| Mar 31, 2024 | 37.85 Mn |
| Dec 31, 2023 | 36.82 Mn |
| Sep 30, 2023 | 34.57 Mn |
Summit Midstream Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=SMC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "SMC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=SMC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();