Summit Midstream Corporation (SMC)

Summit Midstream Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	20.97	9.27	22.82	14.04	11.81	7.35
Cash & Short-Term Investments	20.97	9.27	22.82	14.04	11.81	7.35
Cash Growth	0.32%	-59.36%	62.50%	18.94%	60.68%	-52.72%
Receivables	87.2	69.75	77.06	76.28	75.29	62.12
Restricted Cash	10.79	10.41	2.38	2.6	1.72	12.22
Other Current Assets	5.51	7.49	16.01	5.5	8.72	5.68
Total Current Assets	124.47	96.92	118.27	98.42	97.54	87.37
Property, Plant & Equipment	1,839	1,853	1,797	1,711	1,732	1,729
Long-Term Investments	268.24	272.18	280.56	486.43	506.68	523.2
Other Intangible Assets	149.51	153.56	154.28	175.59	198.72	172.93
Other Long-Term Assets	25.86	12.21	8.97	22.41	25.25	9.58
Total Assets	2,407	2,388	2,359	2,494	2,560	2,522

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	21.41	31.65	25.16	22.71	14.05	10.5
Accrued Expenses	86.72	78.28	82.08	68.52	65.89	49.86
Current Portion of Long-Term Debt	1.75	21.22	16.58	15.52	10.51	-
Current Portion of Leases	-	2.95	7.18	4.21	3.01	1.38
Current Unearned Revenue	8	10.12	9.6	10.2	9.05	10.37
Other Current Liabilities	14.01	32.57	34.2	12.85	15.39	7.13
Total Current Liabilities	131.89	176.79	174.8	134.01	117.89	79.24
Long-Term Debt	1,238	1,024	977	1,455	1,480	1,355
Long-Term Leases	-	5	4.95	8.56	10.35	2.39
Long-Term Unearned Revenue	17.82	18.4	25.37	30.09	37.69	42.57
Long-Term Deferred Tax Liabilities	92.54	73.64	63.33	1.43	-	-
Other Long-Term Liabilities	8.38	1.58	15.97	21.74	30.77	32.5
Total Liabilities	1,489	1,300	1,261	1,651	1,677	1,512

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.2	0.19	0.18	621.67	679.49	734.59
Additional Paid-In Capital	740.6	638.43	540.71	-	-	-
Retained Earnings	-206.59	-202.9	-183.33	-	-	-
Total Common Equity	534.21	435.71	357.56	621.67	679.49	734.59
Minority Interest	320.49	541.67	630.28	124.65	118.58	106.33
Shareholders' Equity	918.87	1,088	1,098	843.22	883.4	1,011
Total Liabilities & Equity	2,407	2,388	2,359	2,494	2,560	2,522

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
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
Filing Date Shares Outstanding	13.78	12.44	12.12	10.42	10.18	10.02
Total Common Shares Outstanding	13.78	12.26	10.66	10.38	10.18	7.17
Working Capital	-7.41	-79.87	-56.53	-35.59	-20.35	8.13
Book Value Per Share	38.76	35.53	33.54	59.91	66.73	102.46
Tangible Book Value	384.69	282.15	203.28	446.08	480.77	561.67
Tangible Book Value Per Share	27.91	23.01	19.07	42.99	47.21	78.34
Land	16.32	16.31	12.82	11.53	11.76	10.64
Machinery	2,490	2,452	2,373	2,336	2,262	2,225
Construction In Progress	54.17	54.37	57.61	56.06	59.04	49.08

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Aug 10, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 26, 2026

Data Sources Report a data error