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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Summit Midstream Partners LP's Enterprise Value is $1,746.2 Mil. Summit Midstream Partners LP's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $68.3 Mil. Therefore, Summit Midstream Partners LP's EV-to-EBIT for today is 25.56.
The historical rank and industry rank for Summit Midstream Partners LP's EV-to-EBIT or its related term are showing as below:
During the past 13 years, the highest EV-to-EBIT of Summit Midstream Partners LP was 160.25. The lowest was -52.52. And the median was 23.38.
Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Summit Midstream Partners LP's Enterprise Value for the quarter that ended in Dec. 2023 was $1,642.5 Mil. Summit Midstream Partners LP's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $68.3 Mil. Summit Midstream Partners LP's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.16%.
The historical data trend for Summit Midstream Partners LP's EV-to-EBIT 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.
Summit Midstream Partners LP Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
EV-to-EBIT | Get a 7-Day Free Trial | 56.64 | 5.49 | 39.66 | -42.46 | 24.04 |
Summit Midstream Partners LP Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
EV-to-EBIT | Get a 7-Day Free Trial | -42.46 | -36.60 | 39.74 | 27.13 | 24.04 |
For the Oil & Gas Midstream subindustry, Summit Midstream Partners LP's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.
For the Oil & Gas industry and Energy sector, Summit Midstream Partners LP's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Summit Midstream Partners LP's EV-to-EBIT falls into.
Summit Midstream Partners LP's EV-to-EBIT for today is calculated as:
EV-to-EBIT | = | Enterprise Value (Today) | / | EBIT (TTM) |
= | 1746.174 | / | 68.33 | |
= | 25.56 |
Summit Midstream Partners LP's current Enterprise Value is $1,746.2 Mil.
Summit Midstream Partners LP's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $68.3 Mil.
* 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.
Summit Midstream Partners LP (NYSE:SMLP) EV-to-EBIT Explanation
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.
Summit Midstream Partners LP's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:
Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) | = | EBIT | / | Enterprise Value (Q: Dec. 2023 ) |
= | 68.33 | / | 1642.483742 | |
= | 4.16 % |
Summit Midstream Partners LP's Enterprise Value for the quarter that ended in Dec. 2023 was $1,642.5 Mil.
Summit Midstream Partners LP's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $68.3 Mil.
* 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.
Thank you for viewing the detailed overview of Summit Midstream Partners LP's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
James David Johnston | officer: See remarks below. | 910 LOUISIANA STREET, SUITE 4200, HOUSTON TX 77002 |
Rommel M. Oates | director, other: See Remarks. | 910 LOUISIANA STREET, SUITE 4200, HOUSTON TX 77002 |
William J. Mault | officer: See remarks below. | 910 LOUISIANA STREET, SUITE 4200, HOUSTON TX 77002 |
Matthew B. Sicinski | officer: See remarks below. | 910 LOUISIANA STREET, SUITE 4200, HOUSTON TX 77002 |
James J Cleary | director, other: See Remarks. | 12 E. 49TH STREET, 39TH FLOOR, NEW YORK NY 10017 |
Marguerite Woung-chapman | director, other: See Remarks. | 1001 LOUISIANA, HOUSTON TX 77002 |
Robert Joseph Mcnally | director, other: See Remarks. | 625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222 |
Christopher M Leininger | director, other: See Remarks. | 11943 EL CAMINO REAL, SUITE 200, SAN DIEGO CA 92130 |
Francesco Ciabatti | director, other: See Remarks. | 51 JOHN F. KENNEDY PARKWAY, SUITE 200, SHORT HILLS NJ 07078 |
J Heath Deneke | director, officer: See remarks below. | 700 LOUISIANA STREET, SUITE 2550, HOUSTON TX 77002 |
James Lee Jacobe | director, other: See Remarks. | 1790 HUGHES LANDING BLVD., SUITE 500, THE WOODLANDS TX 77380 |
Energy Capital Partners Ii-c (summit Ip), Lp | director, 10 percent owner | 51 JOHN F. KENNEDY PARKWAY, SUITE 1250, SHORT HILLS NJ 07078 |
Energy Capital Partners Ii (summit Co-invest), Lp | director, 10 percent owner | C/O ENERGY CAPITAL PARTNERS II, 51 JOHN F. KENNEDY PARKWAY, SUITE 200, SHORT HILLS NJ 07078 |
Energy Capital Partners Ii-b Ip, Lp | director, 10 percent owner | 51 JOHN F. KENNEDY PARKWAY, SUITE 1250, SHORT HILLS NJ 07078 |
Energy Capital Partners Ii, Llc | director, 10 percent owner, other: See Footnotes | 51 JOHN F. KENNEDY PARKWAY, SUITE 1250, SHORT HILLS NJ 07078 |
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