Oil & Gas Midstream
Compare Stocks
2 / 10Stock Comparison
SMC vs WMB
Revenue, margins, valuation, and 5-year total return — side by side.
Oil & Gas Midstream
SMC vs WMB — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Oil & Gas Midstream | Oil & Gas Midstream |
| Market Cap | $372M | $89.22B |
| Revenue (TTM) | $562M | $11.92B |
| Net Income (TTM) | $9M | $2.84B |
| Gross Margin | 72.6% | 62.8% |
| Operating Margin | 15.2% | 38.8% |
| Forward P/E | — | 31.2x |
| Total Debt | $1.05B | $29.36B |
| Cash & Equiv. | $9M | $63M |
SMC vs WMB — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Jul 24 | May 26 | Return |
|---|---|---|---|
| Summit Midstream Co… (SMC) | 100 | 79.8 | -20.2% |
| The Williams Compan… (WMB) | 100 | 169.9 | +69.9% |
Price return only. Dividends and distributions are not included.
Quick Verdict: SMC vs WMB
Each card shows where this stock fits in a portfolio — not just who wins on paper.
SMC is the clearest fit if your priority is growth exposure and sleep-well-at-night.
- Rev growth 30.8%, EPS growth 87.4%, 3Y rev CAGR 15.0%
- Lower volatility, beta 0.63, Low D/E 96.8%, current ratio 0.55x
- Beta 0.63, yield 3.6%, current ratio 0.55x
WMB carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.
- Dividend streak 8 yrs, beta 0.17, yield 2.7%
- 371.1% 10Y total return vs SMC's 279.2%
- 23.8% margin vs SMC's 1.6%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 30.8% revenue growth vs WMB's 13.8% | |
| Value | Better valuation composite | |
| Quality / Margins | 23.8% margin vs SMC's 1.6% | |
| Stability / Safety | Beta 0.17 vs SMC's 0.63 | |
| Dividends | 3.6% yield, 1-year raise streak, vs WMB's 2.7% | |
| Momentum (1Y) | +27.2% vs SMC's +10.0% | |
| Efficiency (ROA) | 4.9% ROA vs SMC's 0.4%, ROIC 7.7% vs 2.7% |
SMC vs WMB — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
SMC vs WMB — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
Evenly matched — SMC and WMB each lead in 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
WMB is the larger business by revenue, generating $11.9B annually — 21.2x SMC's $562M. WMB is the more profitable business, keeping 23.8% of every revenue dollar as net income compared to SMC's 1.6%. On growth, SMC holds the edge at +33.0% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $562M | $11.9B |
| EBITDAEarnings before interest/tax | $201M | $6.8B |
| Net IncomeAfter-tax profit | $9M | $2.8B |
| Free Cash FlowCash after capex | -$4M | $722M |
| Gross MarginGross profit ÷ Revenue | +72.6% | +62.8% |
| Operating MarginEBIT ÷ Revenue | +15.2% | +38.8% |
| Net MarginNet income ÷ Revenue | +1.6% | +23.8% |
| FCF MarginFCF ÷ Revenue | -0.7% | +6.1% |
| Rev. Growth (YoY)Latest quarter vs prior year | +33.0% | -0.6% |
| EPS Growth (YoY)Latest quarter vs prior year | +72.5% | +24.6% |
Valuation Metrics
SMC leads this category, winning 5 of 5 comparable metrics.
Valuation Metrics
On an enterprise value basis, SMC's 7.6x EV/EBITDA is more attractive than WMB's 17.6x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $372M | $89.2B |
| Enterprise ValueMkt cap + debt − cash | $1.4B | $118.5B |
| Trailing P/EPrice ÷ TTM EPS | -18.86x | 34.09x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 31.23x |
| PEG RatioP/E ÷ EPS growth rate | — | 0.52x |
| EV / EBITDAEnterprise value multiple | 7.56x | 17.56x |
| Price / SalesMarket cap ÷ Revenue | 0.66x | 7.47x |
| Price / BookPrice ÷ Book value/share | 0.34x | 5.94x |
| Price / FCFMarket cap ÷ FCF | 8.36x | 88.77x |
Profitability & Efficiency
WMB leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
WMB delivers a 19.0% return on equity — every $100 of shareholder capital generates $19 in annual profit, vs $1 for SMC. SMC carries lower financial leverage with a 0.97x debt-to-equity ratio, signaling a more conservative balance sheet compared to WMB's 1.96x. On the Piotroski fundamental quality scale (0–9), WMB scores 7/9 vs SMC's 5/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +0.8% | +19.0% |
| ROA (TTM)Return on assets | +0.4% | +4.9% |
| ROICReturn on invested capital | +2.7% | +7.7% |
| ROCEReturn on capital employed | +3.3% | +8.7% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 7 |
| Debt / EquityFinancial leverage | 0.97x | 1.96x |
| Net DebtTotal debt minus cash | $1.0B | $29.3B |
| Cash & Equiv.Liquid assets | $9M | $63M |
| Total DebtShort + long-term debt | $1.1B | $29.4B |
| Interest CoverageEBIT ÷ Interest expense | 0.94x | 3.37x |
Total Returns (Dividends Reinvested)
WMB leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in WMB five years ago would be worth $32,449 today (with dividends reinvested), compared to $8,224 for SMC. Over the past 12 months, WMB leads with a +27.2% total return vs SMC's +10.0%. The 3-year compound annual growth rate (CAGR) favors WMB at 38.6% vs SMC's -6.3% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +13.4% | +20.7% |
| 1-Year ReturnPast 12 months | +10.0% | +27.2% |
| 3-Year ReturnCumulative with dividends | -17.8% | +166.3% |
| 5-Year ReturnCumulative with dividends | -17.8% | +224.5% |
| 10-Year ReturnCumulative with dividends | +279.2% | +371.1% |
| CAGR (3Y)Annualised 3-year return | -6.3% | +38.6% |
Risk & Volatility
WMB leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
WMB is the less volatile stock with a 0.17 beta — it tends to amplify market swings less than SMC's 0.63 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. WMB currently trades 94.2% from its 52-week high vs SMC's 90.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.63x | 0.17x |
| 52-Week HighHighest price in past year | $33.50 | $77.41 |
| 52-Week LowLowest price in past year | $19.13 | $55.82 |
| % of 52W HighCurrent price vs 52-week peak | +90.7% | +94.2% |
| RSI (14)Momentum oscillator 0–100 | 57.4 | 52.8 |
| Avg Volume (50D)Average daily shares traded | 67K | 5.8M |
Analyst Outlook
Evenly matched — SMC and WMB each lead in 1 of 2 comparable metrics.
Analyst Outlook
Consensus price targets imply 54.8% upside for SMC (target: $47) vs 8.3% for WMB (target: $79). For income investors, SMC offers the higher dividend yield at 3.63% vs WMB's 2.74%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | — | Buy |
| Price TargetConsensus 12-month target | $47.00 | $79.00 |
| # AnalystsCovering analysts | — | 34 |
| Dividend YieldAnnual dividend ÷ price | +3.6% | +2.7% |
| Dividend StreakConsecutive years of raises | 1 | 8 |
| Dividend / ShareAnnual DPS | $1.10 | $2.00 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% |
WMB leads in 3 of 6 categories (Profitability & Efficiency, Total Returns). SMC leads in 1 (Valuation Metrics). 2 tied.
SMC vs WMB: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is SMC or WMB a better buy right now?
For growth investors, Summit Midstream Corp.
(SMC) is the stronger pick with 30. 8% revenue growth year-over-year, versus 13. 8% for The Williams Companies, Inc. (WMB). The Williams Companies, Inc. (WMB) offers the better valuation at 34. 1x trailing P/E (31. 2x forward), making it the more compelling value choice. Analysts rate The Williams Companies, Inc. (WMB) a "Buy" — based on 34 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — SMC or WMB?
Over the past 5 years, The Williams Companies, Inc.
(WMB) delivered a total return of +224. 5%, compared to -17. 8% for Summit Midstream Corp. (SMC). Over 10 years, the gap is even starker: WMB returned +371. 1% versus SMC's +279. 2%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — SMC or WMB?
By beta (market sensitivity over 5 years), The Williams Companies, Inc.
(WMB) is the lower-risk stock at 0. 17β versus Summit Midstream Corp. 's 0. 63β — meaning SMC is approximately 273% more volatile than WMB relative to the S&P 500. On balance sheet safety, Summit Midstream Corp. (SMC) carries a lower debt/equity ratio of 97% versus 196% for The Williams Companies, Inc. — giving it more financial flexibility in a downturn.
04Which is growing faster — SMC or WMB?
By revenue growth (latest reported year), Summit Midstream Corp.
(SMC) is pulling ahead at 30. 8% versus 13. 8% for The Williams Companies, Inc. (WMB). On earnings-per-share growth, the picture is similar: Summit Midstream Corp. grew EPS 87. 4% year-over-year, compared to 17. 6% for The Williams Companies, Inc.. Over a 3-year CAGR, SMC leads at 15. 0% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
05Which has better profit margins — SMC or WMB?
The Williams Companies, Inc.
(WMB) is the more profitable company, earning 21. 9% net margin versus -3. 5% for Summit Midstream Corp. — meaning it keeps 21. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: WMB leads at 36. 8% versus 12. 9% for SMC. At the gross margin level — before operating expenses — SMC leads at 72. 6%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Is SMC or WMB more undervalued right now?
Analyst consensus price targets imply the most upside for SMC: 54.
8% to $47. 00.
07Which pays a better dividend — SMC or WMB?
All stocks in this comparison pay dividends.
Summit Midstream Corp. (SMC) offers the highest yield at 3. 6%, versus 2. 7% for The Williams Companies, Inc. (WMB).
08Is SMC or WMB better for a retirement portfolio?
For long-horizon retirement investors, The Williams Companies, Inc.
(WMB) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 17), 2. 7% yield, +371. 1% 10Y return). Both have compounded well over 10 years (WMB: +371. 1%, SMC: +279. 2%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
09What are the main differences between SMC and WMB?
Both stocks operate in the Energy sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: SMC is a small-cap high-growth stock; WMB is a mid-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform both.
You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.