SequelSEC

Summit Midstream Corp SMC

Natural Gas Transmission · CIK 0002024218 · Fiscal year ends 1231

AnnualQuarterlyTTM
Revenue
$583.33M
Fiscal year ended 2026-06-30
Operating income
Unavailable
Fiscal year ended 2026-06-30
Free cash flow
$44.84M
Fiscal year ended 2026-06-30

Valuation, from the filing

Public float$300.29MMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float / revenue0.5×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity0.3×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

How this compares in its industry

Percentile among the Natural Gas Transmission filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Gross margin73.5%100th
Revenue YoY growth30.8%100th
Current ratio0.55x8th
Net margin-1.1%8th
CapEx / revenue15.8%14th
Long-term debt / equity1.08x29th
FCF margin7.9%29th
SBC / revenue1.4%64th

Summit Midstream Corp (SMC) reported revenue of $583.33M and net income of $289.00K for the fiscal year ended 2026-06-30. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from Summit Midstream Corp’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Natural Gas Transmission.

Income

Summit Midstream Corp income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Revenue$583.33M
Cost of revenue$166.26M
Gross profit$417.08M
Operating incomeUnavailable
Net income$289.00K
Research & developmentUnavailable
Weighted-average diluted sharesUnavailable
Pretax income-$892.00K
Income tax expense$21.00K
Diluted EPSUnavailable
Selling, general & administrativeUnavailable
General & administrative$60.46M
Selling & marketingUnavailable

Balance

Summit Midstream Corp balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Cash & equivalents$20.97M
Total assets$2.41B
Current assets$124.47M
Total liabilities$1.49B
Current liabilities$131.88M
Total equity incl. NCI$918.87M
Temporary (mezzanine) equity$0
InventoryUnavailable
Accounts receivable$87.20M
GoodwillUnavailable
Long-term debt$1.24B
Accounts payable$21.41M

Cash flow

Summit Midstream Corp cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Operating cash flow$131.15M
Capital expenditures$86.32M
Investing cash flow-$93.86M
Financing cash flow-$31.04M
Net change in cash$6.26M
Stock-based compensation$8.40M
Common dividends paidUnavailable
Common share repurchasesUnavailable
Depreciation & amortization$109.15M

Derived

Summit Midstream Corp derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Free cash flow$44.84M
Gross margin71.5%
Operating marginUnavailable
FCF margin7.7%
SBC / revenue1.4%
Current ratio0.94x
Revenue YoY growth20.9%
Net margin0.0%
R&D / revenueUnavailable
CapEx / revenue14.8%
Long-term debt / equity1.35x
Effective tax rateUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open SMC in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-10View SEC filing
10-Q · Filed 2026-05-11View SEC filing
10-K · Filed 2026-03-16View SEC filing
10-Q · Filed 2025-11-10View SEC filing
10-Q · Filed 2025-08-11View SEC filing
10-Q · Filed 2025-05-12View SEC filing

Companies in the same industry

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Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.