Summit Midstream Corporation (SMC)

NYSE: SMC · Real-Time Price · USD

32.51

+0.04 (0.12%)

At close: Sep 18, 2026, 4:00 PM EDT

32.68

+0.17 (0.52%)

After-hours: Sep 18, 2026, 7:30 PM EDT

Summit Midstream Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	584.27	563.03	430.56	459.84	370.53	401.56
Revenue Growth	18.90%	30.77%	-6.37%	24.10%	-7.73%	4.46%
Gross Profit	263.62	264.75	214.59	246.64	209.55	245.41
Operating Income	91.57	88.64	57.45	80.8	44.62	67.23
Net Income	-13.34	-19.57	-135.5	-63.09	-127.68	-44.29
Earnings Per Share	-1.05	-1.61	-12.78	-6.11	-12.71	-6.57
EPS Growth	-	-	-	-	-	-

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Rockies	359.24	329.35	268.51	255.03	143.6	145.09
Permian	3.71	3.64	3.64	3.57	25.15	40.85
Mid-Con	156.24	159.23	56.89	45.12	52.1	46.59
Piceance	64.14	69.87	81	91.42	93.35	105.49
Corporate and Other	-	-	0.73	-0.04	1	0.04
Northeast	-	-	18.85	63.81	54.39	62.57
Total	583.33	562.09	429.62	458.9	369.59	400.62

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	20.97	9.27	22.82	14.04	11.81	7.35
Total Debt	1,240	1,054	1,006	1,483	1,504	1,359
Net Cash (Debt)	-1,219	-1,044	-982.89	-1,469	-1,492	-1,351
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-96.21	-86.07	-92.73	-142.19	-148.48	-200.49

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	131.15	133.6	61.77	126.91	98.74	165.1
Capital Expenditures	-86.32	-89.04	-53.61	-68.91	-30.47	-25.03
Free Cash Flow	44.84	44.55	8.16	58	68.27	140.07
Free Cash Flow Growth	333.05%	445.99%	-85.93%	-15.04%	-51.26%	-9.90%

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	45.12%	47.02%	49.84%	53.63%	56.55%	61.11%
Operating Margin	15.67%	15.74%	13.34%	17.57%	12.04%	16.74%
Pretax Margin	-5.03%	-5.49%	1.24%	-13.65%	-33.23%	-5.05%
Profit Margin	-2.28%	-3.48%	-31.47%	-13.72%	-34.46%	-11.03%
FCF Margin	7.67%	7.91%	1.90%	12.61%	18.43%	34.88%

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 20, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Forward PE	-	227.61	227.61	227.61	227.61	227.61
P/FCF Ratio	9.99	7.34	49.30	3.20	2.49	1.14
PS Ratio	0.77	0.58	0.93	0.40	0.46	0.40