SMCNYSENatural Gas TransmissionFiscal year ends December 31
Summit Midstream Corp
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 10, 2026
$30.23−0.47 (-1.53%)
Close on Oct 19, 2026
- Market cap
- $424.58M
- P/E (TTM)
- –
- Dividend yield
- –
Summit Midstream statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Natural Gas Transmission companies for comparison
Valuation
| Measure | Summit Midstream | Industry median |
|---|---|---|
| Market Cap | $613.91M | $3.73B |
| Enterprise Value | $2.15B | $6.51B |
| PS Ratio | 1.05 | 2.76 |
| PB Ratio | 1.03 | 1.91 |
| P/TBV Ratio | 1.37 | 2.15 |
| P/FCF Ratio | 13.69 | 25.68 |
| P/OCF Ratio | 4.68 | 9.72 |
Enterprise value
| Measure | Summit Midstream | Industry median |
|---|---|---|
| EV / Sales | 3.69 | 4.39 |
| EV / EBITDA | 10.30 | 13.37 |
| EV / FCF | 48.02 | 40.83 |
Income (trailing twelve months)
| Measure | Summit Midstream | Industry median |
|---|---|---|
| Revenue | $583.33M | $1.96B |
| Gross Profit | $417.08M | $772.78M |
| Pretax Income | -$892.00K | $257.00M |
| Net Income | $289.00K | $132.10M |
| EBITDA | $209.01M | $626.69M |
Margins
| Measure | Summit Midstream | Industry median |
|---|---|---|
| Gross Margin | 71.5% | 43.2% |
| Pretax Margin | -0.15% | 13.7% |
| Profit Margin | 0.05% | 10.9% |
| EBITDA Margin | 35.8% | 33.2% |
| FCF Margin | 7.69% | -7.48% |
Returns
| Measure | Summit Midstream | Industry median |
|---|---|---|
| Return on Equity (ROE) | 0.05% | 8.92% |
| Return on Assets (ROA) | 0.01% | 2.64% |
Growth
| Measure | Summit Midstream | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 20.9% | 8.31% |
| FCF Growth (YoY) | 333.0% | -17.8% |
| Revenue Growth (3Y CAGR) | 15.0% | 3.90% |
Balance sheet
| Measure | Summit Midstream | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $20.97M | $70.00M |
| Total Debt | $1.24B | $3.59B |
| Net Cash (Debt) | -$1.22B | -$1.91B |
| Net Cash Per Share | -$60.01 | -$20.82 |
| Equity (Book Value) | $598.38M | $1.73B |
| Book Value Per Share | $29.46 | $17.38 |
| Tangible Book Value | $448.86M | $1.17B |
| Working Capital | -$7.41M | -$8.30M |
Financial position
| Measure | Summit Midstream | Industry median |
|---|---|---|
| Current Ratio | 0.94 | 0.93 |
| Quick Ratio | 0.82 | 0.38 |
| Debt / Equity | 2.07 | 1.21 |
| Debt / EBITDA | 5.93 | 5.16 |
| Debt / FCF | 27.65 | 13.31 |
| Net Debt / EBITDA | 5.83 | 4.92 |
Cash flow (trailing twelve months)
| Measure | Summit Midstream | Industry median |
|---|---|---|
| Operating Cash Flow | $131.15M | $490.44M |
| Capital Expenditures | -$86.32M | -$731.05M |
| Free Cash Flow | $44.84M | -$28.09M |
| FCF Per Share | $2.21 | -$0.72 |
Efficiency
| Measure | Summit Midstream | Industry median |
|---|---|---|
| Asset Turnover | 0.24 | 0.23 |
| Revenue Per Employee | $1.97M | $1.09M |
| Profits Per Employee | $976 | $112.45K |
| Employee Count | 296 | 1,512 |
Dividends and yields
| Measure | Summit Midstream | Industry median |
|---|---|---|
| Earnings Yield | 0.05% | 4.11% |
| FCF Yield | 7.30% | -3.88% |
Shares
| Measure | Summit Midstream | Industry median |
|---|---|---|
| Shares Outstanding | 20,308,100 | 123,005,500 |
| Shares Change (YoY) | 12.3% | 2.12% |
| Float | 11,649,600 | 115,223,500 |
| Shares Held by Insiders | 42.6% | 1.57% |
| Shares Held by Institutions | 27.8% | 81.0% |
Taxes
| Measure | Summit Midstream | Industry median |
|---|---|---|
| Income Tax | $21.00K | $40.00M |
Scores
| Measure | Summit Midstream | Industry median |
|---|---|---|
| Altman Z-Score | 0.37 | 1.04 |
| Piotroski F-Score | 5 | 5 |
Calculated by StockData from Summit Midstream's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.