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| Date | Value |
|---|---|
| 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 |