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Summit MidstreamSMC -0.26%60 Debt-to-EBITDA is 5.16 as of Jun. 2026, which is 16% below its 10-year median of 6.11. GuruFocus rates SMC with a GF Score™ of 60/100 and a GF Value™ of $28.76 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 718 Oil & Gas companies, Summit Midstream ranks worse than 86.35% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Summit Midstream's Debt-to-EBITDA or its related term are showing as below:
SMC'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.59 Med: 6.11 Max: 18.36
Current: 5.91
During the past 13 years, the highest Debt-to-EBITDA Ratio of Summit Midstream was 18.36. The lowest was 3.59. And the median was 6.11.
SMC's Debt-to-EBITDA is ranked worse than 86.35% of 718
companies
in the Oil & Gas industry
Industry Median: 1.96
vs SMC: 5.91
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Summit Midstream Debt-to-EBITDA Related Terms
Summit Midstream Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Summit Midstream's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas Midstream subindustry, Summit Midstream's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Summit Midstream Debt-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Summit Midstream's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Summit Midstream's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.
Summit Midstream (SMC) has a Debt-to-EBITDA of 5.16 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Summit Midstream. This is 16% below median its historical median of 6.11. Over the past decade, Summit Midstream's Debt-to-EBITDA has ranged from 3.59 to 18.36. According to the industry distribution chart, Summit Midstream ranks #620 out of 718 companies in the Oil & Gas industry, placing it in the top 86.4%.
Is Summit Midstream's Debt-to-EBITDA too high?
Summit Midstream's current Debt-to-EBITDA of 5.16 is 16% below median its 10-year median of 6.11. Over the past 10 years, this metric has ranged from a low of 3.59 to a high of 18.36. The Oil & Gas industry median Debt-to-EBITDA is 1.96. Summit Midstream's value of 5.16 is 163.3% above this industry median. Based on the distribution chart, Summit Midstream ranks #620 out of 718 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Summit Midstream has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Summit Midstream's Debt-to-EBITDA compare to KNOP and WHK?
According to the Oil & Gas industry distribution chart, Summit Midstream ranks #620 out of 718 companies for Debt-to-EBITDA. This places Summit Midstream in the lower half of its industry. The industry median Debt-to-EBITDA is 1.96. Summit Midstream's value of 5.16 is 163.3% above this benchmark. Historically, Summit Midstream's own Debt-to-EBITDA has ranged from 3.59 to 18.36 over the past decade. While the company's 10-year median is 6.11 vs. the industry median of 1.96, Summit Midstream has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 1.96, based on 718 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Summit Midstream's current Debt-to-EBITDA of 5.16 is 163.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Summit Midstream. For the Oil & Gas industry, the median Debt-to-EBITDA is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Summit Midstream's current Debt-to-EBITDA is 5.16, which is 16% below median its own 10-year median of 6.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Summit Midstream stock overvalued right now?
Based on GuruFocus' analysis, Summit Midstream (SMC) is currently considered Modestly Overvalued. The stock's GF Value™ is $28.76, compared to a current price of $34.59 — trading 20.3% above its estimated fair value. The current Debt-to-EBITDA is 5.16, which is 16% below median its 10-year median of 6.11 and 163.3% above the Oil & Gas industry median of 1.96. Summit Midstream's overall GF Score™ is 60/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Summit Midstream (SMC), the current Debt-to-EBITDA is 5.16 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Summit Midstream (SMC) Overvalued in 2026?
Based on GuruFocus' analysis, Summit Midstream stock appears to be overvalued.
The current stock price of $34.59 is trading 20.3% above its estimated GF Value™ of $28.76.
GuruFocus considers Summit Midstream to be Modestly Overvalued.
Key valuation signals for SMC:
Debt-to-EBITDA: 5.16 (16% below median its 10-year median of 6.11)
GF Value™: $28.76 vs. price of $34.59 (20.3% above fair value)
Industry Position: 163.3% above the Oil & Gas median (#620 of 718)
No single metric tells the full story. See the SMC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Summit Midstream Corp is a value-driven corporation focused on developing, owning and operating midstream energy infrastructure assets strategically located in unconventional resource basins, shale formations, in the continental U.S. It currently operates natural gas, crude oil and produced water gathering systems in various unconventional resource basins including the Williston Basin, DJ Basin, Barnett Shale, Piceance Basin, Permian Basin, and the Arkoma Basin. The company's reportable segments are: Rockies, Permian, Mid-Con, Piceance, and Northeast. Maximum revenue is generated from the Mid-Con segment. Summit generates revenue mainly from natural gas, NGLs, and condensate sales, and the provision of gathering and related services.
60GF Score
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