SM Energy (SM) Asset Utilization Ratio (2010 - 2026)
SM Energy (SM) posted quarterly Asset Utilization Ratio of 0.27 for Q1 2026, down 21.29% year-over-year from 0.34 in Q1 2025, and down 22.48% quarter-over-quarter from 0.35 in Q4 2025.
SM Energy (SM) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
SM Energy (SM) has reported Asset Utilization Ratio for 17 consecutive years, with 0.27 the latest figure, recorded in Q1 2026.
- In Q1 2026, Asset Utilization Ratio fell 21.29% year-over-year to 0.27; the TTM figure through Mar 2026 stood at 0.27 (down 21.29% YoY), while the FY2025 annual figure was 0.35, down 0.94% from the prior year.
- Asset Utilization Ratio slipped to 0.27 in Q1 2026 per SM's latest filing, from 0.35 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.65 in Q2 2022 and bottomed at 0.27 in Q1 2026.
- Historically, Asset Utilization Ratio has averaged 0.43 across 5 years, with a median of 0.37 in 2024.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio surged 136.75% — and 2023, when it slumped 37.75%.
- SM Energy's Asset Utilization Ratio stood at 0.59 in 2022, then tumbled by 35.66% to 0.38 in 2023, then dropped by 15.17% to 0.32 in 2024, then gained by 7.47% to 0.35 in 2025, then fell by 22.48% to 0.27 in 2026.
- Business Quant data shows SM's Asset Utilization Ratio at 0.27 in Q1 2026, 0.35 in Q4 2025, and 0.36 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.23 Bn | 156.54 Bn | 12.81 Bn | 0.53 |
| 2 | Canadian Natural Resources | 106.93 Bn | 105.04 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.09 Bn | 75.18 Bn | - | 0.50 |
| 4 | Diamondback Energy | 59.20 Bn | 58.74 Bn | 5.55 Bn | 0.24 |
| 5 | Woodside Energy | 46.17 Bn | 40.23 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 45.93 Bn | 44.92 Bn | 6.02 Bn | 0.39 |
| 7 | Occidental Petroleum | 39.32 Bn | 35.17 Bn | 7.73 Bn | 0.27 |
| 8 | Eqt | 33.76 Bn | 33.65 Bn | 1.42 Bn | 0.23 |
| 9 | Texas Pacific Land | 26.26 Bn | 26.01 Bn | - | 0.50 |
| 10 | SM Energy | 8.87 Bn | 8.10 Bn | 1.94 Bn | 0.29 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.29 |
| Mar 31, 2026 | 0.27 |
| Dec 31, 2025 | 0.35 |
| 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 | 0.65 |
| Jun 30, 2022 | 0.65 |
| Mar 31, 2022 | 0.58 |
| Dec 31, 2021 | 0.51 |
| Sep 30, 2021 | 0.41 |