Summit Midstream Corporation (SMC)
NYSE: SMC · Real-Time Price · USD
35.73
-0.27 (-0.75%)
Nov 12, 2024, 4:00 PM EST - Market closed
Summit Midstream Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2014 |
|---|---|---|---|---|---|---|---|
Period Ending | Jun '24 Jun 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2014 |
| Operating Revenue | 432.02 | 427.48 | 334.58 | 364.47 | 352.11 | 413.74 | Upgrade
|
| Other Revenue | 37.61 | 32.36 | 35.95 | 37.08 | 32.3 | 31.01 | Upgrade
|
| Revenue | 469.64 | 459.84 | 370.53 | 401.56 | 384.41 | 444.75 | Upgrade
|
| Revenue Growth (YoY) | 21.75% | 24.10% | -7.73% | 4.46% | -13.57% | -12.49% | Upgrade
|
| Cost of Revenue | 221.47 | 213.2 | 160.98 | 156.15 | 122.68 | 162.16 | Upgrade
|
| Gross Profit | 248.17 | 246.64 | 209.55 | 245.41 | 261.73 | 282.59 | Upgrade
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| Selling, General & Admin | 50.29 | 42.14 | 44.94 | 59.17 | 64.34 | 50.99 | Upgrade
|
| Other Operating Expenses | 0.94 | 0.94 | 0.94 | -0.06 | 0.94 | 1.22 | Upgrade
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| Operating Expenses | 165.82 | 165.84 | 164.94 | 178.18 | 183.41 | 162.57 | Upgrade
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| Operating Income | 82.35 | 80.8 | 44.62 | 67.23 | 78.32 | 120.02 | Upgrade
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| Interest Expense | -137.34 | -138.95 | -86.05 | -66.16 | -78.89 | -91.97 | Upgrade
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| Earnings From Equity Investments | 36.66 | 33.83 | 18.14 | 7.88 | 11.27 | -337.85 | Upgrade
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| Other Non Operating Income (Expenses) | -9.61 | -0.39 | -0 | -15.92 | -2.95 | 0.45 | Upgrade
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| EBT Excluding Unusual Items | -27.95 | -24.71 | -23.29 | -6.97 | 7.75 | -309.34 | Upgrade
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| Merger & Restructuring Charges | -0.47 | -2.65 | -6.97 | - | -9.1 | -4.95 | Upgrade
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| Impairment of Goodwill | - | - | - | - | - | -16.21 | Upgrade
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| Gain (Loss) on Sale of Assets | 84.11 | 0.21 | -1.23 | 0.37 | 0.31 | 1.54 | Upgrade
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| Asset Writedown | -68.02 | -0.54 | -91.64 | -10.15 | -13.09 | -60.51 | Upgrade
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| Other Unusual Items | -15.9 | -10.93 | - | -3.52 | 203.06 | -3.02 | Upgrade
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| Pretax Income | 98.04 | -38.63 | -123.14 | -20.28 | 188.93 | -392.5 | Upgrade
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| Income Tax Expense | 0.13 | 0.32 | 0.33 | -0.33 | -0.15 | 1.23 | Upgrade
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| Earnings From Continuing Operations | 97.91 | -38.95 | -123.46 | -19.95 | 189.08 | -393.73 | Upgrade
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| Minority Interest in Earnings | - | - | - | - | 3.27 | 209.28 | Upgrade
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| Net Income | 97.91 | -38.95 | -123.46 | -19.95 | 192.35 | -184.45 | Upgrade
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| Preferred Dividends & Other Adjustments | 27.64 | 24.15 | 4.22 | 24.34 | -70.64 | 28.56 | Upgrade
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| Net Income to Common | 70.27 | -63.09 | -127.68 | -44.29 | 262.99 | -213.01 | Upgrade
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| Shares Outstanding (Basic) | 10 | 10 | 10 | 7 | 4 | 3 | Upgrade
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| Shares Outstanding (Diluted) | 11 | 10 | 10 | 7 | 4 | 3 | Upgrade
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| Shares Change (YoY) | 4.84% | 2.85% | 49.06% | 82.49% | 22.28% | -38.44% | Upgrade
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| EPS (Basic) | 6.72 | -6.11 | -12.71 | -6.57 | 73.22 | -70.51 | Upgrade
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| EPS (Diluted) | 6.54 | -6.11 | -12.71 | -6.57 | 71.19 | -70.51 | Upgrade
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| Free Cash Flow | 42.59 | 58 | 68.27 | 140.07 | 155.46 | -20.55 | Upgrade
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| Free Cash Flow Per Share | 3.97 | 5.61 | 6.79 | 20.78 | 42.08 | -6.80 | Upgrade
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| Dividend Per Share | - | - | - | - | - | 0.988 | Upgrade
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| Dividend Growth | - | - | - | - | - | -57.07% | Upgrade
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| Gross Margin | 52.84% | 53.64% | 56.55% | 61.11% | 68.09% | 63.54% | Upgrade
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| Operating Margin | 17.54% | 17.57% | 12.04% | 16.74% | 20.37% | 26.99% | Upgrade
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| Profit Margin | 14.96% | -13.72% | -34.46% | -11.03% | 68.41% | -47.89% | Upgrade
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| Free Cash Flow Margin | 9.07% | 12.61% | 18.43% | 34.88% | 40.44% | -4.62% | Upgrade
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| EBITDA | 197.88 | 204.5 | 164.61 | 187.22 | 197.39 | 231.6 | Upgrade
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| EBITDA Margin | 42.14% | 44.47% | 44.43% | 46.62% | 51.35% | 52.07% | Upgrade
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| D&A For EBITDA | 115.53 | 123.7 | 119.99 | 120 | 119.07 | 111.57 | Upgrade
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| EBIT | 82.35 | 80.8 | 44.62 | 67.23 | 78.32 | 120.02 | Upgrade
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| EBIT Margin | 17.54% | 17.57% | 12.04% | 16.74% | 20.37% | 26.99% | Upgrade
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| Effective Tax Rate | 0.13% | - | - | - | - | - | Upgrade
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| Revenue as Reported | 468.7 | 458.9 | 369.59 | 400.62 | 383.47 | 443.53 | Upgrade
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Source: S&P Capital IQ. Standard template. Financial Sources.