Summit Midstream Corporation (SMC)
NYSE: SMC · Real-Time Price · USD
23.36
-0.54 (-2.26%)
Nov 19, 2025, 12:23 PM EST - Market open
Summit Midstream Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 |
Operating Revenue | 489.82 | 395.87 | 427.48 | 334.58 | 364.47 | 352.11 | Upgrade |
Other Revenue | 37.93 | 34.69 | 32.36 | 35.95 | 37.08 | 32.3 | Upgrade |
| 527.75 | 430.56 | 459.84 | 370.53 | 401.56 | 384.41 | Upgrade | |
Revenue Growth (YoY) | 17.06% | -6.37% | 24.10% | -7.73% | 4.46% | -13.57% | Upgrade |
Cost of Revenue | 275.61 | 215.96 | 213.2 | 160.98 | 156.15 | 122.68 | Upgrade |
Gross Profit | 252.15 | 214.59 | 246.64 | 209.55 | 245.41 | 261.73 | Upgrade |
Selling, General & Admin | 59.47 | 55.56 | 42.14 | 44.94 | 59.17 | 64.34 | Upgrade |
Other Operating Expenses | 0.94 | 0.94 | 0.94 | 0.94 | -0.06 | 0.94 | Upgrade |
Operating Expenses | 173.16 | 157.15 | 165.84 | 164.94 | 178.18 | 183.41 | Upgrade |
Operating Income | 78.99 | 57.45 | 80.8 | 44.62 | 67.23 | 78.32 | Upgrade |
Interest Expense | -92.21 | -115.45 | -140.78 | -86.05 | -66.16 | -78.89 | Upgrade |
Interest & Investment Income | 3.19 | 4.13 | 1.83 | - | - | - | Upgrade |
Earnings From Equity Investments | 19.56 | 24.2 | 33.83 | 18.14 | 7.88 | 11.27 | Upgrade |
Other Non Operating Income (Expenses) | -20.69 | -26.77 | -0.39 | -0 | -15.92 | -2.95 | Upgrade |
EBT Excluding Unusual Items | -11.17 | -56.44 | -24.71 | -23.29 | -6.97 | 7.75 | Upgrade |
Merger & Restructuring Charges | 0.69 | -0.17 | -2.65 | -6.97 | - | -9.1 | Upgrade |
Gain (Loss) on Sale of Investments | - | 126.26 | - | - | - | - | Upgrade |
Gain (Loss) on Sale of Assets | -0.85 | 82.19 | 0.21 | -1.23 | 0.37 | 0.31 | Upgrade |
Asset Writedown | -0.4 | -68.26 | -0.54 | -91.64 | -10.15 | -13.09 | Upgrade |
Other Unusual Items | -2.88 | -50.08 | -10.93 | - | -3.52 | 203.06 | Upgrade |
Pretax Income | -14.6 | 33.5 | -38.63 | -123.14 | -20.28 | 188.93 | Upgrade |
Income Tax Expense | 4.63 | 146.68 | 0.32 | 0.33 | -0.33 | -0.15 | Upgrade |
Earnings From Continuing Operations | -19.23 | -113.18 | -38.95 | -123.46 | -19.95 | 189.08 | Upgrade |
Minority Interest in Earnings | 4.53 | - | - | - | - | 3.27 | Upgrade |
Net Income | -14.71 | -113.18 | -38.95 | -123.46 | -19.95 | 192.35 | Upgrade |
Preferred Dividends & Other Adjustments | 28.6 | 28.14 | 24.15 | 4.22 | 24.34 | -70.64 | Upgrade |
Net Income to Common | -43.31 | -141.32 | -63.09 | -127.68 | -44.29 | 262.99 | Upgrade |
Shares Outstanding (Basic) | 12 | 11 | 10 | 10 | 7 | 4 | Upgrade |
Shares Outstanding (Diluted) | 12 | 11 | 10 | 10 | 7 | 4 | Upgrade |
Shares Change (YoY) | 11.39% | 2.57% | 2.85% | 49.06% | 82.48% | 22.28% | Upgrade |
EPS (Basic) | -3.69 | -13.33 | -6.11 | -12.71 | -6.57 | 73.22 | Upgrade |
EPS (Diluted) | -3.69 | -13.33 | -6.11 | -12.71 | -6.57 | 71.19 | Upgrade |
Free Cash Flow | 15.91 | 8.16 | 58 | 68.27 | 140.07 | 155.46 | Upgrade |
Free Cash Flow Per Share | 1.36 | 0.77 | 5.61 | 6.79 | 20.78 | 42.09 | Upgrade |
Gross Margin | 47.78% | 49.84% | 53.63% | 56.55% | 61.11% | 68.08% | Upgrade |
Operating Margin | 14.97% | 13.34% | 17.57% | 12.04% | 16.74% | 20.37% | Upgrade |
Profit Margin | -8.21% | -32.82% | -13.72% | -34.46% | -11.03% | 68.42% | Upgrade |
Free Cash Flow Margin | 3.01% | 1.90% | 12.61% | 18.43% | 34.88% | 40.44% | Upgrade |
EBITDA | 192.68 | 159.03 | 204.5 | 164.61 | 187.22 | 197.39 | Upgrade |
EBITDA Margin | 36.51% | 36.94% | 44.47% | 44.43% | 46.63% | 51.35% | Upgrade |
D&A For EBITDA | 113.69 | 101.59 | 123.7 | 119.99 | 120 | 119.07 | Upgrade |
EBIT | 78.99 | 57.45 | 80.8 | 44.62 | 67.23 | 78.32 | Upgrade |
EBIT Margin | 14.97% | 13.34% | 17.57% | 12.04% | 16.74% | 20.37% | Upgrade |
Effective Tax Rate | - | 437.81% | - | - | - | - | Upgrade |
Revenue as Reported | 526.82 | 429.62 | 458.9 | 369.59 | 400.62 | 383.47 | Upgrade |
Updated Nov 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.