Summit Midstream (SMC) Operating Margin (2023 - 2026)
Summit Midstream filings provide 4 years of Operating Margin readings, the most recent being 15.72% for Q1 2026.
- On a quarterly basis, Operating Margin fell 144.0% to 15.72% in Q1 2026 year-over-year; TTM through Mar 2026 was 13.72%, a 1021.0% increase, with the full-year FY2025 number at 13.66%, up 2287.0% from a year prior.
- Operating Margin hit 15.72% in Q1 2026 for Summit Midstream, down from 14.91% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 1.1% in Q3 2023 to a low of 71.4% in Q1 2024.
- Median Operating Margin over the past 4 years was 15.48% (2025), compared with a mean of 21.38%.
- Biggest five-year swings in Operating Margin: tumbled -3473bps in 2024 and later soared 5712bps in 2025.
- Summit Midstream's Operating Margin stood at 9.94% in 2023, then plummeted by -349bps to 44.68% in 2024, then skyrocketed by 67bps to 14.91% in 2025, then dropped by -5bps to 15.72% in 2026.
- The last three reported values for Operating Margin were 15.72% (Q1 2026), 14.91% (Q4 2025), and 8.98% (Q3 2025) per Business Quant data.