Summit Midstream vs Waterbridge Infrastructure LLC
Summit Midstream and Waterbridge Infrastructure LLC are similar in size: $562m and $526m of revenue in their latest fiscal years. Waterbridge Infrastructure LLC grew faster (66.2% against 30.8%). Waterbridge Infrastructure LLC kept more of each dollar of sales as profit: a net margin of 0.0% against -1.1%.
| Latest fiscal year | Summit MidstreamSMC, 2025 | Waterbridge Infrastructure LLCWBI, 2025 |
|---|---|---|
| Revenue | $562m | $526m |
| Revenue growth | 30.8% | 66.2% |
| Net income | −$5.9m | $9,000 |
| Operating margin | — | — |
| Net margin | -1.1% | 0.0% |
| Return on equity | -1.2% | 0.0% |
| Free cash flow | $44.6m | −$119m |
| Cash | $9.3m | $51.5m |
| Total debt | $1.05bn | $1.46bn |
| Debt to equity | 193.2% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 296 | 540 |
| Market value | $420m | $1.39bn |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 1 buys, 3 sales | 4 buys, 3 sales |