Summit Midstream Corporation (SMC)
NYSE: SMC · Real-Time Price · USD
30.37
+0.52 (1.74%)
At close: Jul 29, 2026, 4:00 PM EDT
30.37
0.00 (0.00%)
After-hours: Jul 29, 2026, 4:10 PM EDT

Summit Midstream Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023
Period EndingMar '26 Dec '25 Dec '24 Dec '23
Revenue
568.54562.09429.62458.9
Revenue Growth
28.21%30.84%-6.38%-
Gross Profit
415.46412.95314.62346.44
Operating Income
77.9173.35-41.9376.1
Net Income
-22.98-19.57-135.5-63.09
Earnings Per Share
-1.88-1.61-12.78-6.11
EPS Growth
----

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Rockies
339.67329.35268.51255.03143.6145.09
Permian
3.683.643.643.5725.1540.85
Mid-Con
158.18159.2356.8945.1252.146.59
Piceance
67.0269.878191.4293.35105.49
Corporate and Other
--0.73-0.0410.04
Northeast
--18.8563.8154.3962.57
Total
568.54562.09429.62458.9369.59400.62

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023
Period EndingMar '26 Dec '25 Dec '24 Dec '23
Cash & Investments
43.399.2722.8214.04
Total Debt
1,2661,046993.581,471
Net Cash (Debt)
-1,222-1,036-970.75-1,457
Net Cash Growth
----
Net Cash Per Share
-100.02-85.41-91.58-140.96

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023
Period EndingMar '26 Dec '25 Dec '24 Dec '23
Operating Cash Flow
124.44133.661.77126.91
Capital Expenditures
-87.71-89.04-53.61-68.91
Free Cash Flow
36.7244.558.1658
Free Cash Flow Growth
-445.99%-85.93%-

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023
Period EndingMar '26 Dec '25 Dec '24 Dec '23
Gross Margin
73.08%73.47%73.23%75.49%
Operating Margin
13.70%13.05%-9.76%16.58%
Pretax Margin
-2.02%-0.43%7.80%-8.42%
Profit Margin
-1.71%-0.34%-26.34%-8.49%
FCF Margin
6.46%7.93%1.90%12.64%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22
Forward PE
-227.61227.61227.61227.61
P/FCF Ratio
11.447.3449.35--
PS Ratio
0.740.580.94--