Summit Midstream Corp
SMC NYSE· Natural Gas Transmission
Last close · Oct 26, 2026
$31.30
KIRA · Stoqly’s AI analyst, in plain words
- Summit Midstream Corp had $562M of revenue in fiscal 2025, up 30.8% on the year before.
- Summit Midstream Corp lost $5.9M in fiscal 2025.
- Free cash flow was $44.6M in fiscal 2025, 7.9% of revenue.
- Summit Midstream Corp owes $1.0B more than it holds in cash.
Market cap
$440M
P/E
—
Revenue
$562M
Net income
−$5.9M
Free cash flow
$44.6M
Operating margin
—
Summit Midstream Corp in 30 seconds · fiscal 2025
Are sales growing?
+30.8%
Yes. Sales grew 30.8% last year.
Does it make a profit?
−1.1%
No. It lost money last year.
Does profit turn into cash?
7.9%
Partly. 7.9% of sales ends up as free cash.
How healthy are the accounts?
5 / 9
Mixed. It passes 5 of 9 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Summit Midstream Corp does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 16, 2026
- Legal name
- Summit Midstream Corp
- CIK
- 0002024218
Summit Midstream Corp · SMC
Results and finances
The last 3 fiscal years. Amounts in USD.
| Fiscal year | FY23 | FY24 | FY25 |
|---|---|---|---|
| Sales and profit | |||
| Revenue | $459M | $430M | $562M |
| Revenue growth | — | −6.4% | 30.8% |
| Gross margin | 75.5% | 73.2% | 73.5% |
| Net income | −$51.5M | −$122M | −$5.9M |
| Net margin | −11.2% | −28.4% | −1.1% |
| Diluted EPS | −$6.11 | −$12.78 | −$1.61 |
| Cash | |||
| Cash from operations | $127M | $61.8M | $134M |
| Capital expenditure | $68.9M | $53.6M | $89.0M |
| Free cash flow | $58.0M | $8.2M | $44.6M |
| FCF margin | 12.6% | 1.9% | 7.9% |
| Share count change | — | 2.6% | 14.5% |
| Debt and strength | |||
| Cash and short-term investments | $14.0M | $22.8M | $9.3M |
| Debt incl. finance leases | $1.5B | $994M | $1.0B |
| Shareholders' equity | $719M | $468M | $546M |
| Current ratio | 0.7x | 0.7x | 0.5x |
| Returns and quality | |||
| Return on equity | −7.2% | −20.6% | −1.2% |
| Return on tangible equity | −9.5% | −39.0% | −1.5% |
| Piotroski F-score | — | 3 | 5 |
Insiders bought, 12 months
$37.9M
1 insider
Insiders sold, 12 months
$0.5M
2 insiders
Of sales under plans
33%
$0.2M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Summit Midstream Corp · SMC
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $31.30 a share, the company is worth $440M.
Source: SEC EDGAR XBRL filings (CIK 0002024218). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.