Summit Midstream (SMC) Interest Expenses (2023 - 2026)
Summit Midstream (SMC) posted Interest Expenses of $25.0 million for Q1 2026, up 3.59% on a QoQ basis from $24.1 million in Q4 2025, and up 10.99% year-over-year from $22.5 million in Q1 2025.
Summit Midstream (SMC) Interest Expenses (2023 - 2026) Analysis & Trends
Summit Midstream (SMC) has reported Interest Expenses for 4 consecutive years, with $25.0 million the latest figure, recorded in Q1 2026.
- Interest Expenses for Q1 2026 came in at $25.0 million, up 10.99% year-over-year; the trailing twelve-month figure through Mar 2026 was $97.2 million (down 2.92% YoY), and the FY2025 annual result was $94.7 million, down 17.94% from the prior year.
- Interest Expenses was $25.0 million for Q1 2026 at Summit Midstream, up from $24.1 million in the prior quarter.
- Over five years, Interest Expenses peaked at $37.8 million in Q1 2024 and troughed at $20.4 million in Q4 2024.
- A 4-year average of $27.9 million and a median of $25.0 million in 2026 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2024 — Interest Expenses tumbled 44.51% — and 2025, when it grew 18.18%.
- Year by year, Interest Expenses stood at $36.8 million in 2023, then sank by 44.51% to $20.4 million in 2024, then advanced by 18.18% to $24.1 million in 2025, then gained by 3.59% to $25.0 million in 2026.
- Per Business Quant, the three latest SMC Interest Expenses figures stand at $25.0 million (Q1 2026), $24.1 million (Q4 2025), and $24.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 891.09 Mn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | - |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 385.00 Mn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 947.00 Mn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | - |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 291.00 Mn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 439.00 Mn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 181.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 444.00 Mn |
| 10 | Summit Midstream | 351.13 Mn | 626.92 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 |