Growth Metrics

Summit Midstream (SMC) Net Margin (2023 - 2026)

Summit Midstream filings provide 4 years of Net Margin readings, the most recent being 1.53% for Q1 2026.

  • On a quarterly basis, Net Margin fell 338.0% to 1.53% in Q1 2026 year-over-year; TTM through Mar 2026 was 2.33%, a 259.0% decrease, with the full-year FY2025 number at 3.14%, down 205.0% from a year prior.
  • Net Margin hit 1.53% in Q1 2026 for Summit Midstream, up from 0.54% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 7.23% in Q3 2024 to a low of 0.54% in Q4 2025.
  • Median Net Margin over the past 4 years was 4.91% (2025), compared with a mean of 4.17%.
  • The widest YoY moves for Net Margin: up 176bps in 2024, down -467bps in 2024.
  • Summit Midstream's Net Margin stood at 5.37% in 2023, then tumbled by -87bps to 0.7% in 2024, then dropped by -24bps to 0.54% in 2025, then skyrocketed by 185bps to 1.53% in 2026.
  • The last three reported values for Net Margin were 1.53% (Q1 2026), 0.54% (Q4 2025), and 4.48% (Q3 2025) per Business Quant data.