Summit Midstream Corporation (SMC)
Energy · Oil & Gas Midstream · NYSE
Summit Midstream Corporation revenue & earnings — last 4 fiscal years
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | $369.59M | $458.90M | $429.62M | $562.09M |
| Gross profit | $89.56M | $122.94M | $113.01M | $149.65M |
| Net income | $-123.46M | $-38.95M | $-113.17M | $-1.91M |
| Net margin | -33.4% | -8.5% | -26.3% | -0.3% |
Source: Summit Midstream Corporation SEC filings (10-K).
What growth is priced into SMC stock?
At today's market cap of $413.46M, Summit Midstream Corporation is priced for free-cash-flow growth of about -2.9% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $44.55M from the FY ending 2025-12-31). This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 4 years of Summit Midstream Corporation financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Summit Midstream Corporation financial history by metric
About Summit Midstream Corporation
Summit Midstream Corporation owns, develops, and operates midstream energy infrastructure assets primarily shale formations in the continental United States. It operates through Rockies, Permian, Piceance, Mid-Con, and Northeast segments. The company owns, develops, and operates natural gas, crude oil, produced water gathering systems, and transmission pipelines. It serves natural gas and crude oil producers. Summit Midstream Corporation was founded in 2009 and is based in Houston, Texas.
Summit Midstream Corporation — frequently asked questions
What is Summit Midstream Corporation's revenue?
Summit Midstream Corporation (SMC) reported revenue of $562.09M for fiscal year 2025, up 30.8% from the prior year, according to its SEC filings.
Is Summit Midstream Corporation profitable?
No — SMC reported a net loss of $-1.91M in fiscal 2025.
What is SMC's P/E ratio?
Summit Midstream Corporation trades at a price-to-earnings ratio of about 0.0 based on the latest data in our nightly-refreshed cache.
How fast is Summit Midstream Corporation growing?
SMC's revenue grew at roughly 15.0% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Summit Midstream Corporation have?
As of fiscal year 2025, SMC carried roughly $1.05B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Summit Midstream Corporation's gross margin?
SMC's gross margin was 26.6% in fiscal 2025 — gross profit of $149.65M on revenue of $562.09M.
What is Summit Midstream Corporation's market cap?
Summit Midstream Corporation (SMC) has a market capitalization of about $413.46M, based on the latest data in our nightly-refreshed cache.
When does Summit Midstream Corporation's fiscal year end?
SMC's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into SMC stock?
At today's market cap of $413.46M, Summit Midstream Corporation is priced for free-cash-flow growth of about -2.9% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $44.55M from the FY ending 2025-12-31).
Where does this data come from?
All figures are computed from Summit Midstream Corporation's official SEC filings (10-K and 10-Q), covering 4 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.