Summit Midstream Corporation (SMC) — Capital Reinvestment Ratio

Latest as of March 2026: 2.81x

Summit Midstream Corporation (SMC) has a Capital Reinvestment Ratio of 2.81x as of March 2026, meaning it reinvests 3% of its operating cash flow ($6.87 Million) in capital expenditures ($19.28 Million). Check Summit Midstream Corporation (SMC) tangible net worth to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

2.81x
Capex / Operating Cash Flow

Operating Cash Flow

$6.87 Million
USD

Capital Expenditures

$19.28 Million
USD

Data as of

Mar 2026
Most recent filing

Summit Midstream Corporation Capital Reinvestment Ratio (2019–2025)

This chart tracks Summit Midstream Corporation's Capital Reinvestment Ratio across 7 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Summit Midstream Corporation.

Annual Capital Reinvestment Ratio for Summit Midstream Corporation (2019–2025)

Year-by-year Capital Reinvestment Ratio for Summit Midstream Corporation from 2019 to 2025. See cash generation quality of Summit Midstream Corporation to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (USD) Capital Expenditures YoY Change
2025 0.67x $133.59 Million $89.04 Million ▼ -23.2%
2024 0.87x $61.77 Million $53.61 Million ▲ +59.8%
2023 0.54x $126.91 Million $68.91 Million ▲ +75.9%
2022 0.31x $98.74 Million $30.47 Million ▲ +103.6%
2021 0.15x $165.10 Million $25.03 Million ▼ -30.2%
2020 0.22x $198.59 Million $43.13 Million ▼ -80.7%
2019 1.13x $161.74 Million $182.29 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow