Summit Midstream Corporation (SMC)
NYSE: SMC · Real-Time Price · USD
33.80
-0.42 (-1.21%)
Mar 31, 2025, 3:45 PM EDT - Market open

Summit Midstream Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 2019 - 2015
Period Ending
Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 2019 - 2015
Operating Revenue
395.87427.48334.58364.47352.11
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Other Revenue
34.6932.3635.9537.0832.3
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Revenue
430.56459.84370.53401.56384.41
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Revenue Growth (YoY)
-6.37%24.10%-7.73%4.46%-13.57%
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Cost of Revenue
215.96213.2160.98156.15122.68
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Gross Profit
214.59246.64209.55245.41261.73
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Selling, General & Admin
55.5642.1444.9459.1764.34
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Other Operating Expenses
0.940.940.94-0.060.94
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Operating Expenses
157.15165.84164.94178.18183.41
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Operating Income
57.4580.844.6267.2378.32
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Interest Expense
-115.45-140.78-86.05-66.16-78.89
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Interest & Investment Income
4.131.83---
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Earnings From Equity Investments
24.233.8318.147.8811.27
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Other Non Operating Income (Expenses)
-26.77-0.39-0-15.92-2.95
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EBT Excluding Unusual Items
-56.44-24.71-23.29-6.977.75
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Merger & Restructuring Charges
-0.17-2.65-6.97--9.1
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Gain (Loss) on Sale of Investments
126.26----
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Gain (Loss) on Sale of Assets
82.190.21-1.230.370.31
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Asset Writedown
-68.26-0.54-91.64-10.15-13.09
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Other Unusual Items
-50.08-10.93--3.52203.06
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Pretax Income
33.5-38.63-123.14-20.28188.93
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Income Tax Expense
146.680.320.33-0.33-0.15
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Earnings From Continuing Operations
-113.18-38.95-123.46-19.95189.08
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Minority Interest in Earnings
----3.27
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Net Income
-113.18-38.95-123.46-19.95192.35
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Preferred Dividends & Other Adjustments
28.1424.154.2224.34-70.64
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Net Income to Common
-141.32-63.09-127.68-44.29262.99
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Shares Outstanding (Basic)
11101074
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Shares Outstanding (Diluted)
11101074
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Shares Change (YoY)
2.57%2.85%49.06%82.48%22.28%
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EPS (Basic)
-13.33-6.11-12.71-6.5773.22
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EPS (Diluted)
-13.33-6.11-12.71-6.5771.19
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Free Cash Flow
8.165868.27140.07155.46
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Free Cash Flow Per Share
0.775.616.7920.7842.09
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Gross Margin
49.84%53.63%56.55%61.11%68.08%
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Operating Margin
13.34%17.57%12.04%16.74%20.37%
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Profit Margin
-32.82%-13.72%-34.46%-11.03%68.42%
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Free Cash Flow Margin
1.90%12.61%18.43%34.88%40.44%
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EBITDA
159.03204.5164.61187.22197.39
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EBITDA Margin
36.94%44.47%44.43%46.63%51.35%
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D&A For EBITDA
101.59123.7119.99120119.07
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EBIT
57.4580.844.6267.2378.32
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EBIT Margin
13.34%17.57%12.04%16.74%20.37%
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Effective Tax Rate
437.81%----
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Revenue as Reported
429.62458.9369.59400.62383.47
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Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q