Summit Midstream reported a gross margin of 68.33% and a net margin of 1.91% for the quarter ended Jun 2026. These financial ratios cover 12 quarters of results from Sep 2023 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||||
| Gross Margin | 77.63% | 72.91% | 74.61% | 70.77% | 72.42% | 74.82% | 73.30% | 72.01% | 73.89% | 73.29% | 71.70% | 68.33% |
| EBT Margin | 3.26% | -11.48% | 112.00% | -24.11% | -53.67% | -18.91% | 3.72% | -3.55% | 3.77% | -5.55% | -3.00% | 3.63% |
| EBIT Margin | -1.10% | -7.84% | -71.40% | -22.47% | -16.21% | -30.55% | -15.72% | -17.86% | -8.98% | -13.76% | -16.55% | -15.56% |
| EBITDA Margin | 18.64% | 11.94% | -51.57% | -2.38% | 3.30% | -10.26% | 2.89% | 0.61% | 8.04% | 2.36% | 0.14% | -0.50% |
| Operating Margin | -1.10% | -7.84% | -71.40% | -22.47% | -16.21% | -30.55% | -15.72% | -17.86% | -8.98% | -13.76% | -16.55% | -15.56% |
| Net Margin | 5.47% | 5.37% | 5.88% | 7.09% | 7.23% | 0.70% | 4.91% | 2.71% | 4.48% | 0.54% | 1.53% | 1.91% |
| FCF Margin | -2.27% | 22.90% | -22.86% | -1.75% | 5.51% | -3.45% | 7.72% | 2.56% | 24.28% | -8.92% | 12.22% | |
| Efficiency | ||||||||||||
| Assets AverageAssets Avg. | 2,179.32M | 2,396.83M | 2,428.61M | 2,418.28M | 2,400.56M | 2,397.00M | 2,406.89M | |||||
| Invested CapitalInvested Cap. | 2,204.78M | 1,738.96M | 1,975.28M | 2,068.47M | 2,051.22M | 2,056.72M | 1,108.79M | 2,181.61M | 2,160.26M | |||
| Asset Utilization RatioAsset Util. | 0.20 | 0.19 | 0.20 | 0.22 | 0.23 | 0.24 | 0.24 | |||||
| Leverage & Solvency | ||||||||||||
| Interest Coverage RatioInterest Cover | -0.04 | -0.27 | -2.24 | -0.72 | -0.65 | -1.60 | -0.93 | -1.05 | -0.55 | -0.81 | -0.92 | -0.88 |
| Debt Ratio | 0.60 | 0.54 | 0.43 | 0.45 | 0.45 | 0.46 | 0.45 | 0.53 | 0.52 | |||
| Times Interest Earned | -0.04 | -0.27 | -2.24 | -0.72 | -0.65 | -1.60 | -0.93 | -1.05 | -0.55 | -0.81 | -0.92 | -0.88 |
| Dividends & Payouts | ||||||||||||
| Dividend Coverage RatioDiv. Cover | 4.20 | 4.29 | 4.41 | 4.54 | 0.46 | 4.01 | 2.33 | 4.04 | 0.47 | 0.01 | ||
| FCF Payout RatioFCF Cover | -0.56 | 0.06 | -0.07 | -0.91 | 0.28 | -0.36 | 0.15 | 0.43 | 0.05 | -11.54 | ||
| Dividend YieldDiv. Yield | 0.30% | 0.19% | 0.15% | 0.15% | 0.14% | 0.15% | 0.35% | 0.42% | 0.20% | 23.29% | ||
| Payout Ratio | 0.24 | 0.23 | 0.23 | 0.22 | 2.16 | 0.25 | 0.43 | 0.25 | 2.13 | 67.27 | ||
| Valuation | ||||||||||||
| Price to EarningsP/E | 63.20 | 79.21 | 121.48 | 149.84 | 143.20 | 0.00M | 161.14 | 121.14 | 58.66 | 0.00M | 288.89 | 195.52 |
| Price to SalesP/S | 3.46 | 4.26 | 7.14 | 10.62 | 10.35 | 10.68 | 7.92 | 3.28 | 2.63 | 5.86 | 4.42 | 3.73 |
| Price to BookP/B | 0.57 | 0.75 | 1.00 | 1.31 | 1.63 | 1.18 | 1.09 | 0.48 | 0.40 | 19.84 | 0.67 | 0.63 |
| Enterprise Value | 418.83M | 527.75M | 849.15M | 1,075.73M | 1,041.85M | 1,617.40M | 1,434.41M | 846.51M | 767.32M | 1,224.24M | 890.83M | 877.88M |
| EV to EBIT | -312.79 | -52.88 | -10.00 | -47.25 | -62.77 | -49.48 | -68.78 | -33.81 | -58.15 | -62.54 | -38.69 | -36.39 |
| EV to EBITDA | 18.54 | 34.73 | -13.85 | -445.99 | 308.24 | -147.32 | 373.45 | 988.91 | 64.98 | 364.36 | 0.00M | -0.00M |
| Market Capitalization | 418.83M | 541.80M | 849.15M | 1,075.73M | 1,059.69M | 1,142.89M | 1,050.82M | 460.34M | 385.87M | 833.14M | 615.04M | 578.36M |
| Price to FCFP/FCF | -187.15 | 31.20 | -46.44 | -592.01 | 193.81 | -229.64 | 42.53 | 102.54 | 24.12 | -49.57 | 30.54 | |
| EV to FCF | -182.30 | 31.20 | -46.44 | -582.04 | 274.27 | -313.46 | 78.21 | 203.91 | 35.44 | -71.80 | 46.35 | |
| EV to CFO | 32.68 | 19.47 | -85.08 | 113.85 | 74.72 | 89.48 | 22.75 | 28.76 | 22.81 | 129.67 | 19.98 | |
| Return Ratios | ||||||||||||
| Return on Sales [ROS]ROS | -1.10% | -7.84% | -71.40% | -22.47% | -16.21% | -30.55% | -15.72% | -17.86% | -8.98% | -13.76% | -16.55% | -15.56% |
| Return on Capital Employed [ROCE]ROCE | -7.83% | -4.14% | -4.19% | -4.04% | -3.54% | -3.53% | -3.51% | |||||
| Return on Invested Capital [ROIC]ROIC | 28.55% | -11.72% | -13.63% | -5.87% | -3.94% | -4.14% | -3.77% | |||||
| Return on Assets [ROA]ROA | -5.19% | -10.07% | -9.14% | -0.80% | -0.08% | -0.40% | -0.04% |