Summit Midstream (SMC) Total Debt (2023 - 2026)
Summit Midstream (SMC) reported Total Debt of $1.3 billion for Q1 2026, up 16.78% on a YoY basis from $1.1 billion in Q1 2025, and up 21.06% quarter-over-quarter from $1.0 billion in Q4 2025.
Summit Midstream (SMC) Total Debt (2023 - 2026) Analysis & Trends
Summit Midstream has reported Total Debt for 4 years, with the latest figure at $1.3 billion in Q1 2026.
- For the quarter ending Q1 2026, Total Debt rose 16.78% year-over-year to $1.3 billion; the trailing twelve-month figure through Mar 2026 stood at $1.3 billion (up 16.78% YoY), and the FY2025 full-year result was $1.0 billion, up 5.23% from the prior year.
- Total Debt for Q1 2026 stood at $1.3 billion, up from $1.0 billion in the prior quarter.
- The five-year high for Total Debt was $1.5 billion in Q4 2023, with the low at $957.0 million in Q3 2024.
- Historically, Total Debt has averaged $1.1 billion across 4 years, with a median of $1.1 billion in 2025.
- Annual changes were most pronounced in 2024 — Total Debt sank 32.44% — and 2026, when it grew 16.78%.
- Summit Midstream's Total Debt stood at $1.5 billion in 2023, then sank by 32.44% to $993.6 million in 2024, then gained by 5.23% to $1.0 billion in 2025, then gained by 21.06% to $1.3 billion in 2026.
- The last three Total Debt figures came in at $1.3 billion (Q1 2026), $1.0 billion (Q4 2025), and $1.1 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 78.78 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 33.91 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 32.06 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 69.34 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 581.22 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 25.63 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 19.13 Bn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 32.01 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 33.55 Bn |
| 10 | Summit Midstream | 365.55 Mn | 641.34 Mn | 100.93 Mn | 1.27 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.27 Bn |
| Dec 31, 2025 | 1.05 Bn |
| Sep 30, 2025 | 1.08 Bn |
| Jun 30, 2025 | 1.08 Bn |
| Mar 31, 2025 | 1.08 Bn |
| Dec 31, 2024 | 993.58 Mn |
| Sep 30, 2024 | 956.97 Mn |
| Dec 31, 2023 | 1.47 Bn |