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Summit Midstream (SMLP)
NYSE:SMLP
US Market
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Summit Midstream (SMLP) Income Statement

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Summit Midstream Income Statement

Last quarter (Q1 2024), Summit Midstream's total revenue was $118.87M, an increase of 5.66% from the same quarter last year. In Q1, Summit Midstream's net income was $125.94M. See Summit Midstream’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 23Dec 22Dec 21Dec 20Dec 19
Total Revenue
$ 424.47M$ 458.90M$ 248.36M$ 400.62M$ 383.47M$ 443.53M
Cost of Revenue
$ 222.12M$ 335.97M$ 76.83M$ 74.18M$ 154.78M$ 173.79M
Gross Profit
$ 237.97M$ 122.94M$ 285.44M$ 326.44M$ 228.69M$ 269.74M
Operating Expense
$ 166.94M$ 164.03M$ 164.00M$ 177.85M$ 162.46M$ 157.68M
Operating Income
$ 196.55M$ 194.13M$ 121.44M$ 148.59M$ 66.23M$ 112.05M
Net Non Operating Interest Income Expense
$ -144.41M$ -140.78M$ -86.05M$ -66.16M$ -78.89M$ -91.97M
Other Income Expense
$ -245.78M$ -23.11M$ -16.91M$ 8.91M$ 190.33M$ -74.73M
Pretax Income
$ 69.37M$ -72.45M$ -141.28M$ 61.69M$ 177.66M$ -54.64M
Tax Provision
$ 784.00K$ 322.00K$ 325.00K$ -327.00K$ -146.00K$ 1.23M
Earnings From Equity Interest Net Of Tax
$ 165.82M$ 33.83M$ 18.14M$ 7.88M$ 11.27M$ -337.85M
Net Income Common Stockholders
$ 117.93M$ -63.09M$ -67.61M$ 53.69M$ 262.99M$ -213.01M
Basic EPS
$ 9.72---$ 73.22$ -72.60
Diluted EPS
$ 9.14---$ 71.19$ -72.60
Basic Average Shares
$ 145.75M---$ 3.59M$ 5.49M
Diluted Average Shares
$ 146.28M---$ 3.69M$ 5.49M
Dividend Per Share
----$ 1.87$ 21.56
Total Operating Income As Reported
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Reported Normalized Basic E P S
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Reported Normalized Diluted E P S
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Rent Expense Supplemental
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Total Expenses
$ 278.71M$ 276.50M$ 240.83M$ 252.03M$ 317.25M$ 331.48M
Interest Expense
----$ 78.89M$ 91.97M
Net Income From Continuing And Discontinued Operation
$ 101.02M$ -38.95M$ -140.60M$ 62.02M$ 192.35M$ -184.45M
Normalized Income
$ -26.00M$ -53.01M--$ 53.45M$ -129.57M
EBIT
$ 214.37M$ 68.33M$ -39.66M$ 126.31M$ 256.56M$ 37.32M
EBITDA
$ 284.09M$ 192.03M$ -29.45M$ 245.39M$ 375.63M$ 148.90M
Currency in USD

Summit Midstream Earnings and Revenue History

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