Summit Midstream annual operating margin
2022
2023
2024
2025
Summit Midstream Operating Margin Growth & History (SMC)
Summit Midstream's operating margin was 12.88% for fiscal 2025.
View full Summit Midstream company overviewSummit Midstream annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 12.88% | +22.64 pp |
| 2024 | 2024-12-31 | −9.76% | −26.46 pp |
| 2023 | 2023-12-31 | 16.70% | +4.62 pp |
| 2022 | 2022-12-31 | 12.07% | — |
Summit Midstream quarterly operating margin
Q3.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 16.11% | +5.98 pp |
| Q1 2026 | 2026-03-31 | 11.75% | +0.76 pp |
| Q4 2025 | 2025-12-31 | 12.96% | +18.32 pp |
| Q3 2025 | 2025-09-30 | 17.13% | +5.76 pp |
| Q2 2025 | 2025-06-30 | 10.13% | +3.37 pp |
| Q1 2025 | 2025-03-31 | 10.99% | +57.00 pp |
| Q4 2024 | 2024-12-31 | −5.36% | — |
| Q3 2024 | 2024-09-30 | 11.37% | −9.89 pp |
| Q2 2024 | 2024-06-30 | 6.76% | — |
| Q1 2024 | 2024-03-31 | −46.01% | — |
| Q3 2023 | 2023-09-30 | 21.26% | — |
Summit Midstream operating margin trends
Between the periods ended 2022-12-31 and 2025-12-31, Summit Midstream's operating margin increased from 12.07% to 12.88%, a change of +0.81 percentage points. The latest reported quarter, Q2 2026, shows 16.11%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Summit Midstream source filings ↗