SM Energy (SM) Debt to Equity (2009 - 2026)
SM Energy (SM) reported Debt to Equity of $0.1 for Q1 2026, down 83.57% year-over-year from $0.62 in Q1 2025, and down 78.58% quarter-over-quarter from $0.48 in Q4 2025.
SM Energy (SM) Debt to Equity (2009 - 2026) Analysis & Trends
SM Energy (SM) has 18 years of Debt to Equity data on file, last reported at $0.1 in Q1 2026.
- Debt to Equity for Q1 2026 came in at $0.1, down 83.57% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.1 (down 83.57% YoY), and the FY2025 annual result was $0.48, down 25.44% from the prior year.
- Debt to Equity declined to $0.1 in Q1 2026 per SM's latest filing, from $0.48 in the prior quarter.
- Over five years, Debt to Equity peaked at $1.19 in Q1 2022 and troughed at $0.0 in Q2 2025.
- A 5-year average of $0.45 and a median of $0.5 in 2023 frame the typical range for Debt to Equity.
- The sharpest annual moves came in 2023 and 2025: Debt to Equity sank 99.18% in 2023, then jumped 9454.65% in 2025.
- A 5-year view of Debt to Equity shows it stood at $0.53 in 2022, then dropped by 17.11% to $0.44 in 2023, then surged by 46.45% to $0.64 in 2024, then retreated by 25.44% to $0.48 in 2025, then tumbled by 78.58% to $0.1 in 2026.
- Business Quant data shows SM's Debt to Equity at $0.1 in Q1 2026, $0.48 in Q4 2025, and $0.58 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | 0.31 |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | - |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 0.36 |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 0.26 |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 0.40 |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 0.38 |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | - |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 0.03 |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | - |
| 10 | SM Energy | 6.19 Bn | 5.54 Bn | 1.05 Bn | 0.10 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.10 |
| Dec 31, 2025 | 0.48 |
| Sep 30, 2025 | 0.58 |
| Jun 30, 2025 | 0.00 |
| Mar 31, 2025 | 0.62 |
| Dec 31, 2024 | 0.64 |
| Sep 30, 2024 | 0.67 |
| Jun 30, 2024 | 0.01 |
| Mar 31, 2024 | 0.01 |
| Dec 31, 2023 | 0.44 |
| Sep 30, 2023 | 0.48 |
| Jun 30, 2023 | 0.01 |
| Mar 31, 2023 | 0.50 |
| Dec 31, 2022 | 0.53 |
| Sep 30, 2022 | 0.61 |
| Jun 30, 2022 | 0.82 |
| Mar 31, 2022 | 1.19 |
| Dec 31, 2021 | 1.16 |
| Sep 30, 2021 | 1.61 |
| Jun 30, 2021 | 1.73 |