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Summit Midstream Valuation Multiples
Discover revenue and EBITDA valuation multiples for Summit Midstream and similar public comparables like KNOT Offshore Partners, EVgo, Gas Plus, PrimeEnergy Resources and more.
Summit Midstream Overview
About Summit Midstream
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 four unconventional resource basins: the Williston Basin in North Dakota, which includes the Bakken and Three Forks shale formations; the Denver-Julesburg Basin, which includes the Niobrara and Codell shale formations in Colorado and Wyoming; the Fort Worth Basin in Texas, which includes the Barnett Shale formation; and the Piceance Basin in Colorado, which includes the liquids-rich Mesaverde formation as well as the emerging Mancos and Niobrara Shale formations.
Founded
2012
HQ

Employees
272
Website
Financials (LTM)
EV
$2B
Summit Midstream Financials
Summit Midstream reported last 12-month revenue of $566M and EBITDA of $243M.
In the same LTM period, Summit Midstream generated $75M in gross profit, $243M in EBITDA, and had net loss of ($5M).
Revenue (LTM)
Summit Midstream P&L
In the most recent fiscal year, Summit Midstream reported revenue of $430M and EBITDA of $251M.
Summit Midstream expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $566M | XXX | $430M | XXX | XXX | XXX |
| Gross Profit | $75M | XXX | $113M | XXX | XXX | XXX |
| Gross Margin | 13% | XXX | 26% | XXX | XXX | XXX |
| EBITDA | $243M | XXX | $251M | XXX | XXX | XXX |
| EBITDA Margin | 43% | XXX | 58% | XXX | XXX | XXX |
| EBIT Margin | 13% | XXX | 13% | XXX | XXX | XXX |
| Net Profit | ($5M) | XXX | ($113M) | XXX | XXX | XXX |
| Net Margin | (1%) | XXX | (26%) | XXX | XXX | XXX |
| Net Debt | — | — | $971M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Summit Midstream Stock Performance
Summit Midstream has current market cap of $365M, and enterprise value of $2B.
Market Cap Evolution
Summit Midstream's stock price is $29.77.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $2B | $365M | 0.0% | XXX | XXX | XXX | $-9.23 |
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Start Free TrialSummit Midstream Valuation Multiples
Summit Midstream trades at 2.7x EV/Revenue multiple, and 6.3x EV/EBITDA.
EV / Revenue (LTM)
Summit Midstream Financial Valuation Multiples
As of March 19, 2026, Summit Midstream has market cap of $365M and EV of $2B.
Equity research analysts estimate Summit Midstream's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Summit Midstream has a P/E ratio of (78.5x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $365M | XXX | $365M | XXX | XXX | XXX |
| EV (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV/Revenue | 2.7x | XXX | 3.6x | XXX | XXX | XXX |
| EV/EBITDA | 6.3x | XXX | 6.1x | XXX | XXX | XXX |
| EV/EBIT | 20.3x | XXX | 26.7x | XXX | XXX | XXX |
| EV/Gross Profit | 20.3x | XXX | 13.6x | XXX | XXX | XXX |
| P/E | (78.5x) | XXX | (3.2x) | XXX | XXX | XXX |
| EV/FCF | — | XXX | 187.8x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Summit Midstream Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Summit Midstream Margins & Growth Rates
Summit Midstream's revenue in the last 12 month grew by 4%.
Summit Midstream's revenue per employee in the last FY averaged $2.1M.
Summit Midstream's rule of 40 is 47% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Summit Midstream's rule of X is 54% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Summit Midstream Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 4% | XXX | 31% | XXX | XXX | XXX |
| EBITDA Margin | 43% | XXX | 58% | XXX | XXX | XXX |
| EBITDA Growth | 4% | XXX | (3%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 47% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 54% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $2.1M | XXX | XXX | XXX |
| G&A Expenses to Revenue | 11% | XXX | 13% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 13% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Summit Midstream Public Comps
See public comps and valuation multiples for other Energy Services and Oil & Gas comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| KNOT Offshore Partners | XXX | XXX | XXX | XXX | XXX | XXX |
| EVgo | XXX | XXX | XXX | XXX | XXX | XXX |
| Gas Plus | XXX | XXX | XXX | XXX | XXX | XXX |
| PrimeEnergy Resources | XXX | XXX | XXX | XXX | XXX | XXX |
| Akastor | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Summit Midstream M&A Activity
Summit Midstream acquired XXX companies to date.
Last acquisition by Summit Midstream was on XXXXXXXX, XXXXX. Summit Midstream acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Summit Midstream
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialSummit Midstream Investment Activity
Summit Midstream invested in XXX companies to date.
Summit Midstream made its latest investment on XXXXXXXX, XXXXX. Summit Midstream invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Summit Midstream
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Summit Midstream
| When was Summit Midstream founded? | Summit Midstream was founded in 2012. |
| Where is Summit Midstream headquartered? | Summit Midstream is headquartered in United States. |
| How many employees does Summit Midstream have? | As of today, Summit Midstream has over 272 employees. |
| Who is the CEO of Summit Midstream? | Summit Midstream's CEO is J. Heath Deneke. |
| Is Summit Midstream publicly listed? | Yes, Summit Midstream is a public company listed on NYSE. |
| What is the stock symbol of Summit Midstream? | Summit Midstream trades under SMC ticker. |
| When did Summit Midstream go public? | Summit Midstream went public in 2012. |
| Who are competitors of Summit Midstream? | Summit Midstream main competitors are KNOT Offshore Partners, EVgo, Gas Plus, PrimeEnergy Resources. |
| What is the current market cap of Summit Midstream? | Summit Midstream's current market cap is $365M. |
| What is the current revenue of Summit Midstream? | Summit Midstream's last 12 months revenue is $566M. |
| What is the current revenue growth of Summit Midstream? | Summit Midstream revenue growth (NTM/LTM) is 4%. |
| What is the current EV/Revenue multiple of Summit Midstream? | Current revenue multiple of Summit Midstream is 2.7x. |
| Is Summit Midstream profitable? | Yes, Summit Midstream is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Summit Midstream? | Summit Midstream's last 12 months EBITDA is $243M. |
| What is Summit Midstream's EBITDA margin? | Summit Midstream's last 12 months EBITDA margin is 43%. |
| What is the current EV/EBITDA multiple of Summit Midstream? | Current EBITDA multiple of Summit Midstream is 6.3x. |
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