Summit Midstream (SMC) Tax Rate (2023 - 2026)
Summit Midstream filings provide 4 years of Tax Rate readings, the most recent being 24.04% for Q1 2026.
- On a quarterly basis, Tax Rate rose 1804.0% to 24.04% in Q1 2026 year-over-year; TTM through Mar 2026 was 15.64%, a 17061.0% increase, with the full-year FY2025 number at 20.81%, down 41699.0% from a year prior.
- Tax Rate hit 24.04% in Q1 2026 for Summit Midstream, up from 7.37% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 24.04% in Q1 2026 to a low of 259.37% in Q3 2024.
- Median Tax Rate over the past 4 years was 2.68% (2024), compared with a mean of 19.86%.
- Biggest five-year swings in Tax Rate: crashed -26120bps in 2024 and later surged 26907bps in 2025.
- Summit Midstream's Tax Rate stood at 3.43% in 2023, then tumbled by -555bps to 22.48% in 2024, then skyrocketed by 133bps to 7.37% in 2025, then skyrocketed by 226bps to 24.04% in 2026.
- The last three reported values for Tax Rate were 24.04% (Q1 2026), 7.37% (Q4 2025), and 9.7% (Q3 2025) per Business Quant data.