SM Energy (SM) Asset Utilization Ratio (2010 - 2026)
SM Energy's (SM) Asset Utilization Ratio stood at 0.29 in Q2 2026, down 17.9% from 0.35 a year earlier but up 8.4% from the prior quarter.
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Analysis
SM Energy (SM) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
For FY2025, SM Energy's Asset Utilization Ratio came in at 0.35, down 1.6% from FY2024.
- Annual Asset Utilization Ratio has declined for three straight years.
- Across earlier years, Asset Utilization Ratio came in at 0.36 in FY2024 (-8.4%), 0.39 in FY2023 (-36.0%), 0.61 in FY2022 (+19.4%) and 0.51 in FY2021 (+156.9%).
- Quarterly Asset Utilization Ratio has ranged from 0.27 in Q1 2026 to 0.65 in Q2 2022 over the past five years.
- On a year-over-year basis, Asset Utilization Ratio rose in two of the last eight quarters, with an average decline of 8.7%.
- Peak year-over-year performance for Asset Utilization Ratio in the last five years was growth of 134.9% in Q1 2022, against a decline of 37.4% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.27 (Q1 2026), 0.34 (Q4 2025) and 0.37 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 0.79 |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | 0.65 |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | 0.53 |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | 0.57 |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 0.53 |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | 83.27 |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | 1.89 |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | - |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | 0.60 |
| 10 | SM Energy | 7.97 Bn | 6.37 Bn | 1.94 Bn | 0.29 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.29 |
| Mar 31, 2026 | 0.27 |
| Dec 31, 2025 | 0.34 |
| Sep 30, 2025 | 0.37 |
| 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 |
API Access
SM Energy Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=SM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "SM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=SM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();