Summit Midstream vs TMD Energy
Summit Midstream and TMD Energy are similar in size: $562m and $545m of revenue in their latest fiscal years. Summit Midstream grew faster (30.8% against -20.8%). Summit Midstream kept more of each dollar of sales as profit: a net margin of -1.1% against -3.4%.
| Latest fiscal year | Summit MidstreamSMC, 2025 | TMD EnergyTMDE, 2026 |
|---|---|---|
| Revenue | $562m | $545m |
| Revenue growth | 30.8% | -20.8% |
| Net income | −$5.9m | −$18.6m |
| Operating margin | — | — |
| Net margin | -1.1% | -3.4% |
| Return on equity | -1.2% | -182.0% |
| Free cash flow | $44.6m | $7.5m |
| Cash | $9.3m | $4.0m |
| Total debt | $1.05bn | $86.8m |
| Debt to equity | 193.2% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 296 | — |
| Market value | $420m | $12.3m |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 1 buys, 3 sales | 0 buys, 0 sales |