Summit Midstream (SMC) Payables (2023 - 2026)
Summit Midstream (SMC) posted Payables of $27.6 million for Q1 2026, down 12.85% on a QoQ basis from $31.7 million in Q4 2025, and down 13.61% year-over-year from $31.9 million in Q1 2025.
Summit Midstream (SMC) Payables (2023 - 2026) Analysis & Trends
Summit Midstream's Payables history runs 4 years deep, the most recent figure standing at $27.6 million for Q1 2026.
- Quarterly Payables fell 13.61% year-over-year to $27.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $27.6 million (down 13.61% YoY) and the FY2025 annual result came in at $31.7 million, up 25.79% from the prior year.
- Payables was $27.6 million for Q1 2026 at Summit Midstream, down from $31.7 million in the prior quarter.
- Across five years, Payables topped out at $36.3 million in Q3 2025 and bottomed at $12.9 million in Q3 2024.
- A 4-year average of $27.4 million and a median of $29.2 million in 2025 frame the typical range for Payables.
- Annual changes were most pronounced in 2025 — Payables surged 180.35% — and 2026, when it slipped 13.61%.
- Summit Midstream's Payables stood at $22.7 million in 2023, then grew by 10.78% to $25.2 million in 2024, then rose by 25.79% to $31.7 million in 2025, then dropped by 12.85% to $27.6 million in 2026.
- Business Quant data shows SMC's Payables at $27.6 million in Q1 2026, $31.7 million in Q4 2025, and $36.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 33.93 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 7.50 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 1.57 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 1.09 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 2.29 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 1.51 Bn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 53.00 Mn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 1.99 Bn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 5.22 Bn |
| 10 | Summit Midstream | 371.60 Mn | 647.38 Mn | 99.77 Mn | 27.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 27.59 Mn |
| Dec 31, 2025 | 31.65 Mn |
| Sep 30, 2025 | 36.26 Mn |
| Jun 30, 2025 | 30.88 Mn |
| Mar 31, 2025 | 31.93 Mn |
| Dec 31, 2024 | 25.16 Mn |
| Sep 30, 2024 | 12.93 Mn |
| Dec 31, 2023 | 22.71 Mn |