Summit Midstream (SMC) Total Debt (2023 - 2026)
Summit Midstream (SMC) posted Total Debt of $1.3 billion for Q1 2026, up 21.14% on a QoQ basis from $1.0 billion in Q4 2025, and up 16.86% year-over-year from $1.1 billion in Q1 2025.
Summit Midstream (SMC) Total Debt (2023 - 2026) Analysis & Trends
Summit Midstream's Total Debt history runs 4 years deep, the most recent figure standing at $1.3 billion for Q1 2026.
- Quarterly Total Debt rose 16.86% year-over-year to $1.3 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.3 billion (up 16.86% YoY) and the FY2025 annual result came in at $1.0 billion, up 3.51% from the prior year.
- Total Debt was $1.3 billion for Q1 2026 at Summit Midstream, up from $1.0 billion in the prior quarter.
- Across five years, Total Debt topped out at $1.5 billion in Q4 2023 and bottomed at $1.0 billion in Q4 2024.
- A 4-year average of $1.1 billion and a median of $1.1 billion in 2025 frame the typical range for Total Debt.
- Annual changes were most pronounced in 2024 — Total Debt slumped 31.31% — and 2026, when it gained 16.86%.
- Summit Midstream's Total Debt stood at $1.5 billion in 2023, then tumbled by 31.31% to $1.0 billion in 2024, then gained by 3.51% to $1.0 billion in 2025, then rose by 21.14% to $1.3 billion in 2026.
- Business Quant data shows SMC's Total Debt at $1.3 billion in Q1 2026, $1.0 billion in Q4 2025, and $1.1 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 110.18 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 1.82 Bn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 32.25 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 78.78 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 33.91 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 33.55 Bn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 69.36 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 19.03 Bn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 33.65 Bn |
| 10 | Summit Midstream | 371.60 Mn | 647.38 Mn | 99.77 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 | 1.01 Bn |
| Sep 30, 2024 | 1.09 Bn |
| Dec 31, 2023 | 1.47 Bn |