Summit Midstream (SMC) Margins & Profitability 2024-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 68.3%
EBITDA Margin: 33.4%
Op. Margin: 16.1%
Net Margin: 1.0%

Op. margin of 16.1% is up 6.0% YoY — cost efficiency is improving. Net margin at 1.0% and gross margin of 68.3% show how much of each revenue dollar survives to profit.

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit