SMC
Income statement / Annual
Last year (2024), Summit Midstream Corp.'s total revenue was $429.62 M,
a decrease of 6.38% from the previous year.
In 2024, Summit Midstream Corp.'s net income was -$113.18 M.
See Summit Midstream Corp.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
| Operating Revenue |
$429.62 M |
$458.90 M |
$369.59 M |
$401.56 M |
$383.47 M |
$444.75 M |
| Cost of Revenue |
$316.61 M
|
$335.97 M
|
$280.03 M
|
$156.15 M
|
$240.82 M
|
$162.16 M
|
| Gross Profit |
$113.01 M
|
$122.94 M
|
$89.56 M
|
$245.41 M
|
$142.66 M
|
$282.59 M
|
| Gross Profit Ratio |
0.26
|
0.27
|
0.24
|
0.61
|
0.37
|
0.64
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$55.56 M
|
$42.14 M
|
$44.94 M
|
$56.69 M
|
$73.44 M
|
$46.96 M
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$2.48 M
|
$0.00
|
$4.04 M
|
| Selling, General & Administrative Expenses |
$55.56 M
|
$42.14 M
|
$44.94 M
|
$59.17 M
|
$73.44 M
|
$50.99 M
|
| Other Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Operating Expenses |
$55.56 M
|
$42.14 M
|
$44.94 M
|
$59.17 M
|
$73.44 M
|
$583.12 M
|
| Cost And Expenses |
$372.17 M
|
$378.10 M
|
$324.98 M
|
$215.31 M
|
$314.25 M
|
$745.28 M
|
| Interest Income |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Interest Expense |
$115.45 M
|
$140.78 M
|
$102.46 M
|
$66.16 M
|
$78.89 M
|
$91.97 M
|
| Depreciation & Amortization |
$101.59 M
|
$123.70 M
|
$119.99 M
|
$120.00 M
|
$119.07 M
|
$111.57 M
|
| EBITDA |
$250.54 M |
$225.86 M |
$81.18 M |
$187.22 M |
$375.63 M |
$231.60 M |
| EBITDA Ratio |
0.58
|
0.49
|
0.22
|
0.47
|
0.98
|
0.52
|
| Operating Income Ratio |
0.13
|
0.18
|
0.12
|
0.46
|
0.18
|
0.27
|
| Total Other Income/Expenses Net |
-$23.94 M
|
-$119.43 M
|
-$185.90 M
|
-$205.87 M
|
$119.71 M
|
-$507.57 M
|
| Income Before Tax |
$33.50 M
|
-$38.63 M
|
-$141.28 M
|
-$19.62 M
|
$188.93 M
|
-$392.50 M
|
| Income Before Tax Ratio |
0.08
|
-0.08
|
-0.38
|
-0.05
|
0.49
|
-0.88
|
| Income Tax Expense |
$146.68 M
|
$322.00 K
|
$325.00 K
|
$327.00 K
|
-$146.00 K
|
$1.23 M
|
| Net Income |
-$113.18 M
|
-$38.95 M
|
-$123.46 M
|
-$19.95 M
|
$192.35 M
|
-$213.01 M
|
| Net Income Ratio |
-0.26
|
-0.08
|
-0.33
|
-0.05
|
0.5
|
-0.48
|
| EPS |
-12.78 |
-6.11 |
-12.71 |
-6.57 |
73.22 |
-38.79 |
| EPS Diluted |
-12.78 |
-6.11 |
-12.71 |
-6.57 |
55.84 |
-38.79 |
| Weighted Average Shares Out |
$10.60 M
|
$10.33 M
|
$10.05 M
|
$6.74 M
|
$3.59 M
|
$5.49 M
|
| Weighted Average Shares Out Diluted |
$10.60 M
|
$10.33 M
|
$10.05 M
|
$6.74 M
|
$4.71 M
|
$5.49 M
|
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