Summit Midstream (SMC) Total Debt (2023 - 2026)
Summit Midstream (SMC) posted Total Debt of $1.3 billion for Q1 2026, up 21.06% on a QoQ basis from $1.0 billion in Q4 2025, and up 16.78% year-over-year from $1.1 billion in Q1 2025.
Summit Midstream (SMC) Total Debt (2023 - 2026) Analysis & Trends
Summit Midstream (SMC) has reported Total Debt for 4 consecutive years, with $1.3 billion the latest figure, recorded in Q1 2026.
- Total Debt for Q1 2026 came in at $1.3 billion, up 16.78% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.3 billion (up 16.78% YoY), and the FY2025 annual result was $1.0 billion, up 5.23% 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.
- Over five years, Total Debt peaked at $1.5 billion in Q4 2023 and troughed at $957.0 million in Q3 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 plunged 32.44% — and 2026, when it increased 16.78%.
- Year by year, Total Debt stood at $1.5 billion in 2023, then sank by 32.44% to $993.6 million in 2024, then climbed by 5.23% to $1.0 billion in 2025, then climbed by 21.06% to $1.3 billion in 2026.
- Per Business Quant, the three latest SMC Total Debt figures stand at $1.3 billion (Q1 2026), $1.0 billion (Q4 2025), and $1.1 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 78.78 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 32.06 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 33.91 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 69.34 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 19.13 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 25.63 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 32.01 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 14.22 Bn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 36.58 Bn |
| 10 | Summit Midstream | 351.13 Mn | 626.92 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 |