SM Energy (SM) Debt Ratio (2009 - 2026)
SM Energy's (SM) Debt Ratio came in at 0.35 for Q3 2026, down 41.6% from 0.60 a year earlier and down 53.3% from the prior quarter.
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Analysis
SM Energy (SM) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025, SM Energy's Debt Ratio stood at 0.59, down 8.3% from FY2024.
- In prior years, SM Energy's Debt Ratio was 0.64 in FY2024 (+159.0%), 0.25 in FY2023 (-10.2%), 0.28 in FY2022 (-30.8%) and 0.40 in FY2021 (-10.6%).
- The Q3 2026 figure stands as the lowest quarterly Debt Ratio since Q2 2025.
- On a year-over-year basis, Debt Ratio increased in six of the last eight quarters, with growth averaging 69.3%.
- The strongest year-over-year quarter for Debt Ratio in the past five years was Q1 2026, with growth of 166.6%; the weakest was Q3 2026, with a decline of 41.6%.
- According to Business Quant data, Debt Ratio for the three prior quarters was 0.75 (Q2 2026), 0.83 (Q1 2026) and 0.59 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 0.07 |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 0.16 |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 0.10 |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | - |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 0.22 |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 0.18 |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 16.74 |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | - |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 0.22 |
| 10 | SM Energy | 7.71 Bn | 5.83 Bn | 1.60 Bn | 0.35 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.35 |
| Jun 30, 2026 | 0.75 |
| Mar 31, 2026 | 0.83 |
| Dec 31, 2025 | 0.59 |
| Sep 30, 2025 | 0.60 |
| Jun 30, 2025 | 0.30 |
| Mar 31, 2025 | 0.31 |
| Dec 31, 2024 | 0.64 |
| Sep 30, 2024 | 0.34 |
| Jun 30, 2024 | 0.24 |
| Mar 31, 2024 | 0.25 |
| Dec 31, 2023 | 0.25 |
| Sep 30, 2023 | 0.26 |
| Jun 30, 2023 | 0.26 |
| Mar 31, 2023 | 0.27 |
| Dec 31, 2022 | 0.28 |
| Sep 30, 2022 | 0.28 |
| Jun 30, 2022 | 0.29 |
| Mar 31, 2022 | 0.37 |
| Dec 31, 2021 | 0.40 |
API Access
SM Energy Debt 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=debt-ratio&ticker=SM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-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=debt-ratio&ticker=SM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();