Summit Midstream (SMC) Gross Margin

Annual Gross Margin

26.79%
+2.56%+10.57%

December 1, 2023

Summary

Performance

1-Year Change

+10.57%

3-Year Change

-27.98%

5-Year Change

-30.4%

15-Year Change

-41.06%

SMC Gross Margin Chart

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Highlights

Sector Rank

40.09%
SMC annual gross profit margin is higher than 40.09% of companies in Energy sector

High & Low

All-time High

60.19%
SMC annual gross profit margin is currently -55.49% below its historical high of 60.19%

3-Year Low

24.23%
SMC annual gross profit margin is currently +10.57% above its 3-year low

Earnings dates

Last Annual Earnings Report Date

Dec 1, 2023
SMC previous annual earnings announcement was published on Dec 1, 2023

Next Annual Earnings Report Date

Mar 14, 2025
SMC next annual earnings announcement is scheduled for Mar 14, 2025

OtherSMCprofitabilitymetrics:

Annual Revenue

$458.90 M
SMC annual revenue is $458.90 million

Annual Gross Profit

$122.94 M
SMC annual gross profit is $122.94 million

Annual Operating Margin

17.61%
SMC annual operating profit margin is 17.61%

Annual Net Margin

-8.49%
SMC annual net profit margin is -8.49%

Quarterly Gross Margin

25.54%
+1.52%+6.33%

September 1, 2024

Summary

Performance

3-Month Change

+6.33%

1-Year Change

-16.67%

3-Year Change

+1.71%

5-Year Change

+1.71%

SMC Quarterly Gross Margin Chart

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Highlights

Sector Rank

39.82%
SMC quarterly gross profit margin is higher than 39.82% of companies in Energy sector

High & Low

All-time High

54.85%
SMC quarterly gross profit margin is currently -53.44% below its historical high of 54.85%

3-Year Low

20.03%
SMC quarterly gross profit margin is currently +27.51% above its 3-year low

Earnings dates

Last Quarterly Earnings Report Date

Sep 1, 2024
SMC previous earnings announcement was published on Sep 1, 2024

Next Quarterly Earnings Report Date

Mar 14, 2025
SMC next earnings announcement is scheduled for Mar 14, 2025

OtherSMCprofitabilitymetrics:

Quarterly Revenue

$102.42 M
SMC quarterly revenue is $102.42 million

Quarterly Gross Profit

$26.16 M
SMC quarterly gross profit is $26.16 million

Quarterly Operating Margin

13.41%
SMC quarterly operating profit margin is 13.41%

Quarterly Net Margin

-192.88%
SMC quarterly net profit margin is -192.88%

Gross Margin Formula

Gross Margin =  Gross Profit
Revenue ✕ 100%

Annual Gross Margin

26.79%
SMC annual gross profit margin is 26.79%

Annual Gross Profit

$122.94 M
SMC annual gross profit is $122.94 million

Annual Revenue

$458.90 M
SMC annual revenue is $458.90 million

SMC Gross Margin Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterly
1 y1 year+10.6%-16.7%
3 y3 years-28.0%+1.7%
5 y5 years-30.4%+1.7%

SMC Gross Margin Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs low
3 y3-year-14.4%+10.6%-16.7%+27.5%
5 y5-year-30.5%+10.6%-40.7%+27.5%
alltimeall time-55.5%+10.6%-53.4%+694.0%

Summit Midstream Gross Margin History

DateAnnualQuarterly
Sep 2024
-
25.54%(+6.3%)
Jun 2024
-
24.02%(-20.3%)
Mar 2024
-
30.13%(+8.5%)
Dec 2023
26.79%(+10.6%)
27.76%(-9.4%)
Sep 2023
-
30.65%(+32.6%)
Jun 2023
-
23.12%(-6.5%)
Mar 2023
-
24.73%(+3.6%)
Dec 2022
24.23%(-22.6%)
23.87%(-7.5%)
Sep 2022
-
25.80%(+28.8%)
Jun 2022
-
20.03%(-27.0%)
Mar 2022
-
27.43%(+9.2%)
Dec 2021
31.30%(-15.9%)
25.11%(-12.2%)
Sep 2021
-
28.61%(-23.8%)
Jun 2021
-
37.53%(+10.5%)
Mar 2021
-
33.97%(+0.9%)
Dec 2020
37.20%(-3.5%)
33.68%(+1.7%)
Sep 2020
-
33.11%(-13.3%)
Jun 2020
-
38.19%(-11.4%)
Mar 2020
-
43.09%(+2.1%)
Dec 2019
38.56%(+0.2%)
42.19%(+8.3%)
Sep 2019
-
38.97%(+5.1%)
Jun 2019
-
37.08%(+2.1%)
Mar 2019
-
36.30%(+2.7%)
Dec 2018
38.49%
35.34%(-8.9%)
Sep 2018
-
38.81%(-5.3%)
Jun 2018
-
41.00%(+5.1%)
DateAnnualQuarterly
Mar 2018
-
39.00%(-5.6%)
Dec 2017
45.45%(+9.3%)
41.31%(-7.1%)
Sep 2017
-
44.45%(+13.1%)
Jun 2017
-
39.29%(-28.4%)
Mar 2017
-
54.85%(+2.2%)
Dec 2016
41.60%(-1.4%)
53.67%(+37.7%)
Sep 2016
-
38.97%(+11.2%)
Jun 2016
-
35.03%(+3.3%)
Mar 2016
-
33.91%(-30.5%)
Dec 2015
42.21%(+26.7%)
48.82%(-1.7%)
Sep 2015
-
49.64%(+50.4%)
Jun 2015
-
33.00%(+0.3%)
Mar 2015
-
32.90%(-12.7%)
Dec 2014
33.32%(-0.1%)
37.70%(+14.6%)
Sep 2014
-
32.90%(+6.2%)
Jun 2014
-
30.98%(+6.8%)
Mar 2014
-
29.00%(-12.9%)
Dec 2013
33.35%(-27.9%)
33.29%(+3.0%)
Sep 2013
-
32.31%(+1.0%)
Jun 2013
-
31.98%(-12.0%)
Mar 2013
-
36.34%(-22.8%)
Dec 2012
46.23%(-23.2%)
47.07%(+11.1%)
Sep 2012
-
42.36%(-13.7%)
Jun 2012
-
49.09%(+6.4%)
Mar 2012
-
46.12%(-1172.6%)
Dec 2011
60.19%(+4.2%)
-4.30%
Dec 2010
57.77%
-

FAQ

  • What is Summit Midstream annual gross profit margin?
  • What is the all time high annual gross margin for Summit Midstream?
  • What is Summit Midstream annual gross margin year-on-year change?
  • What is Summit Midstream quarterly gross profit margin?
  • What is the all time high quarterly gross margin for Summit Midstream?
  • What is Summit Midstream quarterly gross margin year-on-year change?

What is Summit Midstream annual gross profit margin?

The current annual gross margin of SMC is 26.79%

What is the all time high annual gross margin for Summit Midstream?

Summit Midstream all-time high annual gross profit margin is 60.19%

What is Summit Midstream annual gross margin year-on-year change?

Over the past year, SMC annual gross profit margin has changed by +2.56% (+10.57%)

What is Summit Midstream quarterly gross profit margin?

The current quarterly gross margin of SMC is 25.54%

What is the all time high quarterly gross margin for Summit Midstream?

Summit Midstream all-time high quarterly gross profit margin is 54.85%

What is Summit Midstream quarterly gross margin year-on-year change?

Over the past year, SMC quarterly gross profit margin has changed by -5.11% (-16.67%)