Summit Midstream Partners LP
NYSE:SMLP

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Summit Midstream Partners LP
NYSE:SMLP
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Price: 33.05 USD -1.99% Market Closed
Updated: May 19, 2024

Gross Margin
Summit Midstream Partners LP

54.1%
Current
58%
Average
35.7%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
54.1%
=
Gross Profit
251.8m
/
Revenue
465.3m

Gross Margin Across Competitors

Country US
Market Cap 351.9m USD
Gross Margin
54%
Country CA
Market Cap 106.4B CAD
Gross Margin
53%
Country US
Market Cap 62B USD
Gross Margin
20%
Country US
Market Cap 53.8B USD
Gross Margin
23%
Country US
Market Cap 50.3B USD
Gross Margin
82%
Country US
Market Cap 48.2B USD
Gross Margin
36%
Country US
Market Cap 43.7B USD
Gross Margin
50%
Country US
Market Cap 40.8B USD
Gross Margin
59%
Country CA
Market Cap 54.9B CAD
Gross Margin
69%
Country US
Market Cap 36.9B USD
Gross Margin
64%
Country US
Market Cap 26.1B USD
Gross Margin
32%

Profitability Report

View the profitability report to see the full profitability analysis for Summit Midstream Partners LP.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
54.1%
=
Gross Profit
251.8m
/
Revenue
465.3m
What is the Gross Margin of Summit Midstream Partners LP?

Based on Summit Midstream Partners LP's most recent financial statements, the company has Gross Margin of 54.1%.