Summit Midstream Corp
SMC
Analytical Summary
Summit Midstream Corp faces fundamental challenges with weakness in Debt to Equity. The fundamentals warrant careful consideration of downside risks.
3-Year Financial Trajectory
AnnualBullish Indicators
- No bullish signals detected.
Bearish Risks
- Debt to EquityDebt to Equity is concerning (bottom quartile)
Health Breakdown
Statement lens
Choose the reporting cadence, isolate a period range, or search directly for a metric.
| Metric | FY 2025 Dec 31, 2025 10-K ↗ | FY 2024 Dec 31, 2024 10-K ↗ | FY 2023 Dec 31, 2023 10-K ↗ |
|---|---|---|---|
| Revenue Growth YoY (%) |
30.8%
Excellent
Excellent
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Above avg (+517%)
|
-6.4%
Weak
Weak
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Below avg (-228%)
|
— |
| EPS Growth YoY (%) |
87.4%
Excellent
Excellent
Year-over-year change in earnings per share
Optimal:
> 10%
|
-109.2%
Weak
Weak
Year-over-year change in earnings per share
Optimal:
> 10%
|
— |
| Net Income Growth YoY (%) |
95.1%
Excellent
Excellent
Year-over-year change in net income |
-137.1%
Weak
Weak
Year-over-year change in net income |
— |
| FCF Growth YoY (%) N/A | N/A | N/A | N/A |
| Metric | FY 2025 Dec 31, 2025 10-K ↗ | FY 2024 Dec 31, 2024 10-K ↗ | FY 2023 Dec 31, 2023 10-K ↗ |
|---|---|---|---|
| Effective Tax Rate (%) (%) |
20.8%
Good
↓
Good
Declining
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
456.7%
Weak
Weak
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
-0.8%
Excellent
Excellent
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
| Profit Margin (%) (%) |
-1.1%
Weak
↑
Weak
Improving
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-113%)
|
-28.4%
Weak
Weak
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-455%)
|
-11.2%
Weak
Weak
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-240%)
|
| FCF Margin (%) (%) N/A | N/A | N/A | N/A |
| FCF / Net Income (x) N/A | N/A | N/A | N/A |
| Metric | FY 2025 Dec 31, 2025 10-K ↗ | FY 2024 Dec 31, 2024 10-K ↗ | FY 2023 Dec 31, 2023 10-K ↗ |
|---|---|---|---|
| Return on Common Equity (%) (%) |
-1.1%
Weak
↑
Weak
Improving
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-109%)
|
-26.1%
Weak
Weak
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-318%)
|
-7.2%
Weak
Weak
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-160%)
|
| Metric | FY 2025 Dec 31, 2025 10-K ↗ | FY 2024 Dec 31, 2024 10-K ↗ | FY 2023 Dec 31, 2023 10-K ↗ |
|---|---|---|---|
| Debt to Equity (x) |
1.91x
Weak
↓
Weak
Declining
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Above avg (+283%)
|
2.12x
Weak
Weak
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Above avg (+325%)
|
2.05x
Weak
Weak
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Above avg (+309%)
|
| Net Debt (USD) | $1.04B | $970.75M | $1.46B |
| Metric | FY 2025 Dec 31, 2025 10-K ↗ | FY 2024 Dec 31, 2024 10-K ↗ | FY 2023 Dec 31, 2023 10-K ↗ |
|---|---|---|---|
| Sales/Revenue/Turnover (USD) | $562.09M | $429.62M | $458.90M |
| Depreciation Expense (USD) | $114.16M | $100.65M | $122.76M |
| Net Income, GAAP (USD) | $-5.94M | $-122.16M | $-51.53M |
| Operating Cash Flow (USD) | $133.59M | $61.77M | $126.91M |
Secondary lens
Benchmark Lens
Compare SMC against peers after checking the statement evidence.
Open lens
Benchmark Lens
Compare SMC against peers after checking the statement evidence.
Signals
Key bullish and bearish indicators for SMC
No bullish signals detected
Debt to Equity is concerning (bottom quartile)
Percentile Rankings
How SMC compares to all companies
Peer Comparison
SMC vs similar peers
Compare SMC with peers
Stack SMC against similar companies across every metric on this page.
north_east Open comparisonbar_chart Data from SEC EDGAR XBRL filings
Synced 1 week ago 3 years · 11 quarters