SM Energy (SM) Asset Utilization Ratio (2010 - 2026)

SM Energy (SM) reported Asset Utilization Ratio of 0.27 for Q1 2026, down 21.74% year-over-year from 0.34 in Q1 2025, and down 22.35% quarter-over-quarter from 0.34 in Q4 2025.

SM Energy (SM) Asset Utilization Ratio (2010 - 2026) Analysis & Trends

SM Energy (SM) has 17 years of Asset Utilization Ratio data on file, last reported at 0.27 in Q1 2026.

  • Asset Utilization Ratio for Q1 2026 came in at 0.27, down 21.74% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.27 (down 21.74% YoY), and the FY2025 annual result was 0.35, down 1.64% from the prior year.
  • Asset Utilization Ratio declined to 0.27 in Q1 2026 per SM's latest filing, from 0.34 in the prior quarter.
  • Over five years, Asset Utilization Ratio peaked at 0.65 in Q2 2022 and troughed at 0.27 in Q1 2026.
  • A 5-year average of 0.43 and a median of 0.37 in 2024 frame the typical range for Asset Utilization Ratio.
  • The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio surged 134.92% in 2022, then sank 37.46% in 2023.
  • A 5-year view of Asset Utilization Ratio shows it stood at 0.59 in 2022, then sank by 35.55% to 0.38 in 2023, then dropped by 14.88% to 0.32 in 2024, then gained by 6.43% to 0.34 in 2025, then slipped by 22.35% to 0.27 in 2026.
  • Business Quant data shows SM's Asset Utilization Ratio at 0.27 in Q1 2026, 0.34 in Q4 2025, and 0.36 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 2.23
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 0.47
4 Eog Resources 72.93 Bn 69.08 Bn - 0.45
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 0.24
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 0.22
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn 0.39
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 0.25
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 577.71
10 SM Energy 6.19 Bn 5.54 Bn 1.05 Bn 0.27

Historic Data

Download Data
DateValue
Mar 31, 2026 0.27
Dec 31, 2025 0.34
Sep 30, 2025 0.36
Jun 30, 2025 0.35
Mar 31, 2025 0.34
Dec 31, 2024 0.32
Sep 30, 2024 0.33
Jun 30, 2024 0.37
Mar 31, 2024 0.37
Dec 31, 2023 0.38
Sep 30, 2023 0.40
Jun 30, 2023 0.44
Mar 31, 2023 0.53
Dec 31, 2022 0.59
Sep 30, 2022 0.64
Jun 30, 2022 0.65
Mar 31, 2022 0.57
Dec 31, 2021 0.51
Sep 30, 2021 0.41
Jun 30, 2021 0.32