Companies: 10,795·Total market cap: $144.5T
Summit Midstream Partners, LP

Summit Midstream Partners, LP

SMLPNYSEEnergy
$38.05
+$1.34(+3.65%)
Market Cap$405183035
P/E Ratio
52W High$40.75
52W Low$13.0

Summit Midstream Partners, LP (SMLP) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

SMLP · net income · updated Jun 9, 2026

Core profitability metrics

Net income was −$38.9M for FY2023 (fiscal year ending 2023-12-31), up 68.5% year-over-year. Net profit margin was -8.5%. Based on available data, Summit Midstream Partners, LP has been profitable since at least 2010.

FY2023 Net Income−$38.9M▲ +68.5% YoY
Trailing 12M (TTM)$108.1Mtrailing 4 quarters sum
Net Profit Margin-8.5%−$38.9M ÷ $458.9M
YoY Change+68.5%
5-Year CAGRN/AN/A — contains loss years
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 9, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2010

▸ FMP /income-statement · Annual · SMLP net income history · SMLP profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2023Loss−$38.9M▲ +68.5%-8.5%
FY2022Loss−$123.5M▼ 343.6%-33.4%
FY2021Loss−$27.8M▼ 114.5%-7.0%
FY2020$192.4M▲ +701.4%50.2%
FY2019Loss−$32.0M▼ 175.8%-7.2%

Net income vs peers (Energy)

#CompanyNet IncomeYoY
#1
Summit Midstream Partners, LP
Summit Midstream Partners, LPYOU
SMLP
−$38.9M+68.5%
#2
Exxon Mobil Corporation
Exxon Mobil Corporation
XOM
$28.84B-14.4%
#3
Shell plc
Shell plc
SHEL
$17.84B+10.8%
#4
TotalEnergies SE
TotalEnergies SE
TTE
$13.13B-16.7%
#5
Chevron Corporation
Chevron Corporation
CVX
$12.30B-30.4%
#6
Enbridge Inc.
Enbridge Inc.
ENB.TO
$7.49B+37.7%
Energy · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Summit Midstream Partners, LP (SMLP) reported net income of −$38.9M for FY2023 (fiscal year ending 2023-12-31), up 68.5% year-over-year. The net profit margin was -8.5% — meaning the company kept $-0.08 of every dollar of revenue as profit.

Based on available data, Summit Midstream Partners, LP has been profitable since at least 2010. Net income reached a peak of $192.4M in FY2020. Data available for 14 fiscal years.

Summit Midstream Partners, LP's net profit margin was -8.5% for FY2023, based on the latest annual results.

Investors sometimes search for "Summit Midstream Partners, LP net worth" — the company's market capitalization is a separate figure from SMLP net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Frequently asked questions

SMLP net income · 5 questions

Summit Midstream Partners, LP is not currently profitable on an annual basis. The company reported a net loss of $38.9M for FY2023.

is SMLP profitabledoes SMLP make a profitSMLP profitabilitySMLP profitable company

Source: FMP /income-statement · GAAP · Summit Midstream Partners, LP · Summit Midstream Partners, LP SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026