SM Energy (SM) Dividend Coverage Ratio (2009 - 2026)
SM Energy's (SM) Dividend Coverage Ratio came in at 20.21 for Q2 2026, up 130.1% from 8.78 a year earlier.
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Analysis
SM Energy (SM) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Dividend Coverage Ratio at SM Energy was 5.53, down 39.2% year-over-year; for FY2025, it came in at 7.04, down 22.2% from FY2024.
- Annual Dividend Coverage Ratio has declined for three consecutive years.
- In prior years, SM Energy's Dividend Coverage Ratio was 9.06 in FY2024 (-20.3%), 11.36 in FY2023 (-79.9%), 56.63 in FY2022 (+274.0%) and 15.14 in FY2021.
- The Q2 2026 figure stands as the highest quarterly Dividend Coverage Ratio since Q2 2022.
- On a year-over-year basis, Dividend Coverage Ratio increased in two of the last seven quarters, with growth averaging 1.5%.
- The strongest year-over-year quarter for Dividend Coverage Ratio in the past five years was Q2 2026, with growth of 130.1%; the weakest was Q2 2023, with a decline of 96.9%.
- According to Business Quant data, Dividend Coverage Ratio for the three prior quarters was -4.09 (Q1 2026), 4.69 (Q4 2025) and 6.81 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 5.00 |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | 3.45 |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | 2.60 |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | - |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 3.84 |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | - |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | 7.57 |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | - |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | 5.29 |
| 10 | SM Energy | 7.97 Bn | 6.37 Bn | 1.94 Bn | 20.21 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.21 |
| Mar 31, 2026 | -4.09 |
| Dec 31, 2025 | 4.69 |
| Sep 30, 2025 | 6.81 |
| Jun 30, 2025 | 8.78 |
| Mar 31, 2025 | 7.91 |
| Dec 31, 2024 | 8.22 |
| Sep 30, 2024 | 11.68 |
| Jun 30, 2024 | 10.16 |
| Mar 31, 2024 | 6.30 |
| Dec 31, 2023 | 13.86 |
| Sep 30, 2023 | 12.49 |
| Jun 30, 2023 | 8.29 |
| Mar 31, 2023 | 10.86 |
| Dec 31, 2022 | 14.03 |
| Jun 30, 2022 | 265.59 |
| Dec 31, 2021 | 349.71 |
| Dec 31, 2020 | -144.13 |
| Dec 31, 2019 | -18.09 |
| Dec 31, 2018 | 55.24 |
API Access
SM Energy Dividend Coverage 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=dividend-coverage-ratio&ticker=SM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-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=dividend-coverage-ratio&ticker=SM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();