Summit Midstream (SMC) Net Margin (2023 - 2025)
Summit Midstream (SMC) posted Net Margin of 9.58% for Q4 2025, down 2.88 percentage points from 12.46% a year earlier.
Analysis
Summit Midstream (SMC) Net Margin (2023 - 2025) Analysis & Trends
For FY2025, Summit Midstream's Net Margin came in at 2.43%, down 0.68 percentage points from FY2024.
- In prior years, Summit Midstream's Net Margin was 3.10% in FY2024 (+0.58 pp) and 2.52% in FY2023.
- The Q4 2025 figure stands as the lowest quarterly Net Margin since Q1 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 4.76% |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 10.07% |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 5.90% |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 19.37% |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 24.94% |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 17.22% |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 32.82% |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 8.02% |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 53.52% |
| 10 | Summit Midstream | 622.22 Mn | 844.45 Mn | 105.92 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 9.58% |
| Dec 31, 2024 | 12.46% |
| Mar 31, 2024 | 2.71% |
| Dec 31, 2023 | 2.45% |
| Sep 30, 2023 | 2.48% |
API Access
Summit Midstream Net Margin 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=net-margin&ticker=SMC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=SMC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();