Summit Midstream (SMC) Return on Invested Capital [ROIC] (2024 - 2026)
Summit Midstream (SMC) reported Return on Invested Capital [ROIC] of -3.12% for Q3 2026, up 1.21 percentage points from -4.33% a year earlier and up 0.63 percentage points from the prior quarter.
Summit Midstream (SMC) Return on Invested Capital [ROIC] (2024 - 2026) Analysis & Trends
For FY2025, Summit Midstream posted Return on Invested Capital [ROIC] of -3.08%, down 3.08 percentage points from FY2024.
- By year, Return on Invested Capital [ROIC] came in at 0.00% in FY2024.
- Five-year quarterly Return on Invested Capital [ROIC] spans a low of -4.63% in Q1 2025 and a high of 0.00% in Q4 2024.
- Year over year, Return on Invested Capital [ROIC] has now increased in each of the last three quarters, with an average year-over-year change of +0.10 percentage points over the last four quarters.
- Per Business Quant data, the three quarters before Q3 2026 came in at -3.75% (Q2 2026), -3.19% (Q1 2026) and -3.01% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 4.91% |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 16.19% |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 12.57% |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 6.34% |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 10.22% |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 8.84% |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 13.71% |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 15.49% |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 13.59% |
| 10 | Summit Midstream | 622.23 Mn | 862.39 Mn | 123.27 Mn | -3.12% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -3.12% |
| Jun 30, 2026 | -3.75% |
| Mar 31, 2026 | -3.19% |
| Dec 31, 2025 | -3.01% |
| Sep 30, 2025 | -4.33% |
| Jun 30, 2025 | -4.50% |
| Mar 31, 2025 | -4.63% |
| Dec 31, 2024 | 0.00% |
Summit Midstream Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=SMC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=SMC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();