Summit Financial Statements From 2010 to 2026

SMC Stock   26.77  0.09  0.34%   
Summit Midstream's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Summit Midstream's valuation are provided below:
Gross Profit
238.8 M
Profit Margin
(0.03)
Market Capitalization
327.1 M
Enterprise Value Revenue
2.8397
Revenue
514.4 M
We have found one hundred twenty available fundamental trend indicators for Summit Midstream, which can be analyzed and compared to other ratios and to its competition. Investors should ensure to double-check all of Summit Midstream's current performance against the performance from 2010 to 2026 to make sure the company is sustainable down the road.

Summit Midstream Total Revenue

456.11 Million

Check Summit Midstream financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Summit Midstream's main balance sheet or income statement drivers, such as Depreciation And Amortization of 92.8 M, Interest Expense of 109.2 M or Selling General Administrative of 42.6 M, as well as many indicators such as Price To Sales Ratio of 0.59, Dividend Yield of 0.0178 or PTB Ratio of 0.81. Summit financial statements analysis is a perfect complement when working with Summit Midstream Valuation or Volatility modules.
  
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Check out the analysis of Summit Midstream Correlation against competitors.
For information on how to trade Summit Stock refer to our How to Trade Summit Stock guide.

Summit Midstream Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total AssetsB2.1 B2.5 B
Slightly volatile
Short and Long Term Debt Total1.1 B894.2 M1.5 B
Slightly volatile
Other Current Liabilities83 M131 M63.6 M
Slightly volatile
Total Current Liabilities106.3 M201 M55.1 M
Slightly volatile
Total Stockholder Equity595.6 M421 M639.8 M
Very volatile
Property Plant And Equipment Net1.4 B1.6 B1.8 B
Slightly volatile
Net Debt1.1 B873.7 M1.5 B
Slightly volatile
Accounts Payable19.9 M28.9 M22.2 M
Slightly volatile
Cash14.9 M26.2 M12.2 M
Slightly volatile
Non Current Assets Total1.9 BB2.4 B
Slightly volatile
Non Currrent Assets Other19.7 M37.2 M14.8 M
Slightly volatile
Cash And Short Term Investments14.9 M26.2 M12.2 M
Slightly volatile
Net Receivables60 M69.4 M85.7 M
Slightly volatile
Common Stock Shares Outstanding8.8 M12.2 MM
Slightly volatile
Liabilities And Stockholders EquityB2.1 B2.5 B
Slightly volatile
Non Current Liabilities Total1.2 B1.1 B1.5 B
Slightly volatile
Inventory0.860.91.5 M
Pretty Stable
Other Current Assets12.3 M16.6 M24.6 M
Slightly volatile
Total Liabilities1.4 B1.6 B635.1 M
Slightly volatile
Short and Long Term Debt13.2 M19.1 M8.9 M
Slightly volatile
Total Current Assets83.1 M106.4 M121.9 M
Slightly volatile
Short Term Debt10.9 M19.1 M8.2 M
Slightly volatile
Intangible Assets151.1 M138.9 M206.7 M
Slightly volatile
Common Stock154.8 K162.9 K343.5 M
Very volatile
Long Term Debt1.1 B879.3 M1.3 B
Slightly volatile
Other Stockholder Equity393.3 M621.8 M299.8 M
Slightly volatile
Net Invested Capital1.7 B1.2 B2.1 B
Slightly volatile
Long Term Investments348.6 M242.6 M394 M
Pretty Stable
Property Plant And Equipment Gross2.7 B2.9 B2.4 B
Slightly volatile
Non Current Liabilities Other22.9 M18.1 M23.6 M
Slightly volatile
Other Assets28.2 M29.1 M36.6 M
Slightly volatile
Long Term Debt TotalB880.7 M1.4 B
Slightly volatile
Cash And Equivalents17.8 M26.2 M13.8 M
Slightly volatile
Property Plant Equipment1.9 B2.1 B1.8 B
Slightly volatile
Capital Surpluse432.6 M486.6 M531.2 M
Slightly volatile
Capital Stock88.3 M99.4 M108.5 M
Slightly volatile

Summit Midstream Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization92.8 M91.4 M110.8 M
Slightly volatile
Interest Expense109.2 M132.8 M98 M
Slightly volatile
Selling General Administrative42.6 M50 M49.1 M
Pretty Stable
Selling And Marketing Expenses2.6 M2.2 M3.4 M
Slightly volatile
Total Revenue456.1 M494.1 M437.7 M
Very volatile
Gross Profit132.8 M101.7 M222 M
Slightly volatile
Other Operating Expenses313.3 M335 M570.9 M
Slightly volatile
Operating Income74.4 M51.7 M103.8 M
Slightly volatile
EBITDA180.3 M225.5 M226 M
Pretty Stable
Cost Of Revenue273.5 M364.1 M211.1 M
Slightly volatile
Total Operating Expenses47.5 M50 M364.9 M
Slightly volatile
Reconciled Depreciation93.5 M91.4 M115.3 M
Slightly volatile
Interest Income12.8 M13.4 M76.4 M
Slightly volatile

Summit Midstream Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation5.3 M7.7 M7.4 M
Slightly volatile
Begin Period Cash Flow15.8 M15 M17.3 M
Very volatile
Depreciation92.8 M91.4 M110.8 M
Slightly volatile
Capital Expenditures53.8 M48.2 M126.2 M
Slightly volatile
Total Cash From Operating Activities108.4 M55.6 M143.1 M
Slightly volatile
End Period Cash Flow17 M22.7 M29.4 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.590.840.5863
Slightly volatile
Dividend Yield0.01780.01870.4385
Slightly volatile
PTB Ratio0.810.770.4328
Slightly volatile
Days Sales Outstanding72.675.2974.3189
Slightly volatile
Book Value Per Share189105325
Slightly volatile
Operating Cash Flow Per Share6.376.723.0895
Slightly volatile
Stock Based Compensation To Revenue0.01760.02290.0177
Pretty Stable
Capex To Depreciation0.650.611.1473
Slightly volatile
PB Ratio0.810.770.4328
Slightly volatile
EV To Sales4.473.674.0828
Very volatile
Payables Turnover13.3911.3210.8777
Slightly volatile
Sales General And Administrative To Revenue0.140.150.1191
Slightly volatile
Capex To Revenue0.180.140.2912
Slightly volatile
Cash Per Share1.852.481.765
Pretty Stable
POCF Ratio6.135.832.3759
Slightly volatile
Interest Coverage0.860.571.0519
Slightly volatile
Capex To Operating Cash Flow0.591.00.8793
Slightly volatile
Days Payables Outstanding29.1333.3642.1161
Slightly volatile
EV To Operating Cash Flow11.2219.9812.76
Slightly volatile
Intangibles To Total Assets0.08280.07520.0837
Slightly volatile
Net Debt To EBITDA6.493.497.1549
Very volatile
Current Ratio0.740.7815.1909
Slightly volatile
Tangible Book Value Per Share16187.97291
Slightly volatile
Receivables Turnover4.55.024.9597
Slightly volatile
Shareholders Equity Per Share48.2150.7597.9394
Slightly volatile
Debt To Equity2.172.442.4064
Slightly volatile
Capex Per Share10.775.8222.0054
Slightly volatile
Revenue Per Share59.5546.6168.2332
Slightly volatile
Interest Debt Per Share216120255
Slightly volatile
Debt To Assets0.610.480.5938
Slightly volatile
Enterprise Value Over EBITDA7.984.938.4488
Pretty Stable
Graham Number261294321
Slightly volatile
Short Term Coverage Ratios4.074.2832.974
Very volatile
Operating Cycle72.675.2974.3189
Slightly volatile
Price Book Value Ratio0.810.770.4328
Slightly volatile
Days Of Payables Outstanding29.1333.3642.1161
Slightly volatile
Price To Operating Cash Flows Ratio6.135.832.3759
Slightly volatile
Operating Profit Margin0.190.150.2246
Slightly volatile
Company Equity Multiplier2.894.543.9854
Slightly volatile
Long Term Debt To Capitalization0.520.610.6842
Slightly volatile
Total Debt To Capitalization0.530.610.6858
Slightly volatile
Return On Capital Employed0.03330.03020.0392
Slightly volatile
Debt Equity Ratio2.172.442.4064
Slightly volatile
Ebit Per Revenue0.190.150.2246
Slightly volatile
Quick Ratio0.740.7815.1909
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.121.181.4128
Slightly volatile
Cash Ratio0.140.151.0664
Slightly volatile
Cash Conversion Cycle31.6232.8130.9693
Slightly volatile
Operating Cash Flow Sales Ratio0.160.170.3285
Slightly volatile
Days Of Sales Outstanding72.675.2974.3189
Slightly volatile
Cash Flow Coverage Ratios0.110.07150.0975
Pretty Stable
Price To Book Ratio0.810.770.4328
Slightly volatile
Fixed Asset Turnover0.180.220.2311
Slightly volatile
Capital Expenditure Coverage Ratio1.261.331.6999
Slightly volatile
Price Cash Flow Ratio6.135.832.3759
Slightly volatile
Enterprise Value Multiple7.984.938.4488
Pretty Stable
Debt Ratio0.610.480.5938
Slightly volatile
Cash Flow To Debt Ratio0.110.07150.0975
Pretty Stable
Price Sales Ratio0.590.840.5863
Slightly volatile
Asset Turnover0.140.160.1677
Slightly volatile
Gross Profit Margin0.390.30.5001
Slightly volatile
Price Fair Value0.810.770.4328
Slightly volatile

Summit Midstream Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap171.5 M203.3 M207.8 M
Pretty Stable
Enterprise Value1.9 B1.8 B1.7 B
Slightly volatile

Summit Fundamental Market Drivers

Forward Price Earnings5.4407
Cash And Short Term Investments22.8 M

About Summit Midstream Financial Statements

Summit Midstream stakeholders use historical fundamental indicators, such as Summit Midstream's revenue or net income, to determine how well the company is positioned to perform in the future. Although Summit Midstream investors may analyze each financial statement separately, they are all interrelated. For example, changes in Summit Midstream's assets and liabilities are reflected in the revenues and expenses on Summit Midstream's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Summit Midstream. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue11 M5.6 M
Total Revenue494.1 M456.1 M
Cost Of Revenue364.1 M273.5 M
Stock Based Compensation To Revenue 0.02  0.02 
Sales General And Administrative To Revenue 0.15  0.14 
Capex To Revenue 0.14  0.18 
Revenue Per Share 46.61  59.55 
Ebit Per Revenue 0.15  0.19 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Summit Midstream offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Summit Midstream's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Summit Midstream Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Summit Midstream Stock:
Check out the analysis of Summit Midstream Correlation against competitors.
For information on how to trade Summit Stock refer to our How to Trade Summit Stock guide.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Summit Midstream. If investors know Summit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Summit Midstream listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.34)
Revenue Per Share
43.852
Quarterly Revenue Growth
0.404
Return On Assets
0.0224
Return On Equity
(0.02)
The market value of Summit Midstream is measured differently than its book value, which is the value of Summit that is recorded on the company's balance sheet. Investors also form their own opinion of Summit Midstream's value that differs from its market value or its book value, called intrinsic value, which is Summit Midstream's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Summit Midstream's market value can be influenced by many factors that don't directly affect Summit Midstream's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Summit Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summit Midstream's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.