SM Energy (SM) Debt Ratio (2009 - 2026)
SM Energy (SM) posted quarterly Debt Ratio of 0.06 for Q1 2026, down 79.08% year-over-year from 0.31 in Q1 2025, and down 80.95% quarter-over-quarter from 0.34 in Q4 2025.
SM Energy (SM) Debt Ratio (2009 - 2026) Analysis & Trends
SM Energy (SM) has reported Debt Ratio for 18 consecutive years, with 0.06 the latest figure, recorded in Q1 2026.
- In Q1 2026, Debt Ratio fell 79.08% year-over-year to 0.06; the TTM figure through Mar 2026 stood at 0.06 (down 79.08% YoY), while the FY2025 annual figure was 0.34, up 4108.86% from the prior year.
- Debt Ratio fell to 0.06 in Q1 2026 per SM's latest filing, from 0.34 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.34 in Q4 2025 and bottomed at 0.01 in Q4 2024.
- Historically, Debt Ratio has averaged 0.25 across 5 years, with a median of 0.28 in 2022.
- Annual changes were most pronounced in 2025 — Debt Ratio jumped 4108.86% — and 2026, when it slumped 79.08%.
- SM Energy's Debt Ratio stood at 0.28 in 2022, then retreated by 5.55% to 0.26 in 2023, then slumped by 96.94% to 0.01 in 2024, then surged by 4108.86% to 0.34 in 2025, then sank by 80.95% to 0.06 in 2026.
- Business Quant data shows SM's Debt Ratio at 0.06 in Q1 2026, 0.34 in Q4 2025, and 0.3 in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 0.19 |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 0.14 |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 0.18 |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 0.18 |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 0.17 |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 0.14 |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | - |
| 10 | SM Energy | 8.96 Bn | 8.19 Bn | 1.94 Bn | 0.40 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.40 |
| Mar 31, 2026 | 0.06 |
| Dec 31, 2025 | 0.34 |
| Sep 30, 2025 | 0.30 |
| Mar 31, 2025 | 0.31 |
| Dec 31, 2024 | 0.01 |
| Sep 30, 2024 | 0.34 |
| Mar 31, 2024 | 0.25 |
| Jun 30, 2023 | 0.26 |
| Mar 31, 2023 | 0.27 |
| Sep 30, 2022 | 0.28 |
| Jun 30, 2022 | 0.29 |
| Jun 30, 2021 | 0.01 |
| Mar 31, 2021 | 0.03 |
| Dec 31, 2020 | 0.02 |
| Sep 30, 2020 | 0.42 |
| Jun 30, 2020 | 0.43 |
| Mar 31, 2020 | 0.01 |
| Dec 31, 2019 | 0.41 |
| Sep 30, 2019 | 0.02 |