Summit Midstream profit margin SMC
Gross, operating and net profit as a share of revenue over the last twelve months, from 2024.
- Net margin, 12 months
- 1.3%
- Operating margin, 12 months
- 14.6%
- Net margin on a year earlier
- +45.3 pts
- Peer median
- 9.4%
Over the twelve months to Jun 30, 2026, Summit Midstream kept 1.3% of its revenue as net profit, with an operating margin of 14.6% and a gross margin of 71.5%.
The median for 6 oil and gas pipeline stocks of a similar size is 9.4%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 1.6% | 12.9% | 73.5% |
| FY2024 | −25.0% | −9.8% | 73.2% |
| FY2023 | n/a | n/a | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 1.3% | +45.3 pts | 14.6% | |
| Q1 FY26 | 0.5% | +53.5 pts | 13.0% | |
| Q4 FY25 | 1.6% | +26.6 pts | 12.9% | |
| Q3 FY25 | −1.7% | +22.1 pts | 9.2% | |
| Q2 FY25 | −44.0% | −63.3 pts | 7.2% | |
| Q1 FY25 | −52.9% | n/a | 6.2% | |
| Q4 FY24 | −25.0% | n/a | −9.8% | |
| Q3 FY24 | −23.8% | n/a | −2.6% | |
| Q2 FY24 | 19.3% | n/a | 0.5% | |
| Q1 FY24 | n/a | n/a | n/a | |
| Q4 FY23 | n/a | n/a | n/a | |
| Q3 FY23 | n/a | n/a | n/a |
Against its peers
Companies in Oil & Gas Midstream nearest Summit Midstream's size, closest first, today.
| Company | Profit margin |
|---|---|
| SMCSummit Midstream | 1.3% |
| RGCORGC Resources | 13.1% |
| GELGenesis Energy | 4.3% |
| CTRICenturi | 0.9% |
| CPKChesapeake Utilities | 15.1% |
| KGSKodiak Gas Services | 5.8% |
| AROCArchrock | 21.8% |
| Peer median | 9.4% |
Where Summit Midstream ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Summit Midstream
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.