Summit Midstream Corporation (SMC) Return on equity 2023–2025
Summit Midstream Corporation (SMC) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-1.1%FY2025 · since FY2023: -7.2% → -1.1%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -1.1% | +25.0 pp |
| FY2024 | -26.1% | -18.9 pp |
| FY2023 | -7.2% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice