Summit Midstream Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	-9.71	-1.91	-113.18	-38.95
Depreciation & Amortization	113.29	115.1	101.59	123.7
Stock-Based Compensation	8.46	7.8	8.56	6.57
Other Adjustments	29.5	25.36	82.76	55.28
Change in Receivables	8.79	9.85	3	-3.35
Changes in Accounts Payable	-3.34	5.55	1.12	4.48
Changes in Accrued Expenses	-10.46	-15.06	-0.63	5.59
Changes in Unearned Revenue	-6.38	-6.45	-5.08	-6.47
Changes in Other Operating Activities	-8.97	-6.65	-16.38	-19.94
Operating Cash Flow	124.44	133.6	61.77	126.91
Operating Cash Flow Growth	264.00%	116.27%	-51.32%	-
Capital Expenditures	-87.71	-89.04	-53.61	-68.91
Sale of Property, Plant & Equipment	-	-	4.4	0.26
Payments for Business Acquisitions	-	-70	-154.15	-
Proceeds from Business Divestments	-	-	694.3	-
Other Investing Activities	-1.33	-4.11	-3.88	-6.11
Investing Cash Flow	-89.42	-163.15	487.06	-74.76
Short-Term Debt Issued	121	133	305	70
Short-Term Debt Repaid	-150	-325	-313	-87
Net Short-Term Debt Issued (Repaid)	-29	-192	-8	-17
Long-Term Debt Issued	340	258.44	565.8	29.48
Long-Term Debt Repaid	-125.32	-12.32	-1,060	-40.16
Net Long-Term Debt Issued (Repaid)	214.68	246.11	-494.02	-10.68
Issuance of Common Stock	41.46	-	-	-
Net Common Stock Issued (Repurchased)	41.46	-	-	-
Preferred Share Dividends Paid	-207.56	-19.91	-6.51	-6.51
Other Financing Activities	-34.67	-10.17	-31.75	-14.85
Financing Cash Flow	-15.1	24.04	-540.28	-49.04
Net Cash Flow	19.92	-5.52	8.55	3.11
Free Cash Flow	36.72	44.55	8.16	58
Free Cash Flow Growth	-17.58%	445.99%	-85.93%	-
FCF Margin	6.46%	7.93%	1.90%	12.64%
Free Cash Flow Per Share	3.00	3.67	0.77	5.61
Levered Free Cash Flow	159.13	37.99	-610.5	-52.31
Unlevered Free Cash Flow	62.16	61.53	168.67	115.19

SEC Filings: 10-K · 10-Q