SMC (Summit Midstream) Total Assets: $2,407.4 Mil (As of Jun. 2026)

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SMC Summit Midstream Corp SMC
60 GF Score
Price $34.87
GF Value $28.76
Valuation Modestly Overvalued
! 11 Warning Signs
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What is Summit Midstream Total Assets?

Summit Midstream SMC +0.55% 60 Total Assets is $2,407.4 Mil as of Jun. 2026. 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.

Summit Midstream's Total Assets for the quarter that ended in Jun. 2026 was $2,407.4 Mil.

During the past 12 months, Summit Midstream's average Total Assets Growth Rate was -0.70% per year. During the past 3 years, the average Total Assets Growth Rate was -2.30% per year. During the past 5 years, the average Total Assets Growth Rate was -1.30% per year. During the past 10 years, the average Total Assets Growth Rate was -3.00% per year.

During the past 13 years, Summit Midstream's highest 3-Year average Total Assets Growth Rate was 43.90%. The lowest was -6.20%. And the median was -0.80%.

Total Assets is connected with ROA %. Summit Midstream's annualized ROA % for the quarter that ended in Jun. 2026 was 0.58%. Total Assets is also linked to Revenue through Asset Turnover. Summit Midstream's Asset Turnover for the quarter that ended in Jun. 2026 was 0.06.


Summit Midstream  (NYSE:SMC) Total Assets Explanation

Total Assets is connected with ROA %.

Summit Midstream's annualized ROA % for the quarter that ended in Jun. 2026 is

ROA %=Net Income (Q: Jun. 2026 )/( (Total Assets (Q: Mar. 2026 )+Total Assets (Q: Jun. 2026 ))/ count )
=13.888/( (2406.393+2407.38)/ 2 )
=13.888/2406.8865
=0.58 %

Note: The Net Income data used here is four times the quarterly (Jun. 2026) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Summit Midstream's Asset Turnover for the quarter that ended in Jun. 2026 is

Asset Turnover
=Revenue (Q: Jun. 2026 )/( (Total Assets (Q: Mar. 2026 )+Total Assets (Q: Jun. 2026 ))/ count )
=155.013/( (2406.393+2407.38)/ 2 )
=155.013/2406.8865
=0.06

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Summit Midstream Total Assets Related Terms


Summit Midstream Total Assets Historical Data

* Premium members only.

The historical data trend for Summit Midstream's Total Assets 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 Total Assets Chart

Summit Midstream Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,522.46 2,559.96 2,494.20 2,359.48 2,387.61

Summit Midstream Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,423.04 2,413.51 2,387.61 2,406.39 2,407.38
SMC
60GF Score
Summit Midstream Corp SMC
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Summit Midstream Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Summit Midstream's Total Assets for the fiscal year that ended in Dec. 2025 is calculated as

Total Assets=Total Equity (A: Dec. 2025 )+Total Liabilities (A: Dec. 2025 )
=946.556+1441.053
=2,387.6

Summit Midstream's Total Assets for the quarter that ended in Jun. 2026 is calculated as

Total Assets=Total Equity (Q: Jun. 2026 )+Total Liabilities (Q: Jun. 2026 )
=918.866+1488.514
=2,407.4

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $2,407.4 Mil mean?
Summit Midstream (SMC) has a Total Assets of $2,407.4 Mil as of Jun. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Summit Midstream and its competitors.
Is Summit Midstream's Total Assets too high?
Summit Midstream's current Total Assets is $2,407.4 Mil. 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 Total Assets compare to KNOP and WHK?
Summit Midstream's Total Assets of $2,407.4 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for an Oil & Gas company?
A good Total Assets depends on the Oil & Gas industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Summit Midstream and its competitors. Summit Midstream's current Total Assets is $2,407.4 Mil. 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 $34.87 — trading 21.2% above its estimated fair value. The current Total Assets is $2,407.4 Mil. 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 Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Summit Midstream (SMC), the current Total Assets is $2,407.4 Mil 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 $34.87 is trading 21.2% above its estimated GF Value™ of $28.76. GuruFocus considers Summit Midstream to be Modestly Overvalued.

Key valuation signals for SMC:

  • Total Assets: $2,407.4 Mil
  • GF Value™: $28.76 vs. price of $34.87 (21.2% above fair value)
  • GF Score™: 60/100 with 11 warning signs

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 Business Description

Industry EnergyOil & Gas
Address 910 Louisiana Street, Suite 4200, Houston, TX, USA, 77002
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

Get the complete analysis for SMC

Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$34.87
Price
$28.76
GF Value