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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 674.90 Bn | 638.12 Bn | - | 3.38 |
| 2 | Shell | 547.48 Bn | 458.03 Bn | 30.13 Bn | 5.00 |
| 3 | Chevron | 408.53 Bn | 386.32 Bn | 33.45 Bn | 3.45 |
| 4 | TotalEnergies SE | 186.30 Bn | 69.43 Bn | - | 2.60 |
| 5 | Eni Spa | 172.32 Bn | 121.84 Bn | - | - |
| 6 | Conocophillips | 152.28 Bn | 124.99 Bn | 12.81 Bn | 3.84 |
| 7 | Equinor Asa | 106.44 Bn | 52.50 Bn | - | - |
| 8 | Phillips 66 | 105.58 Bn | 94.57 Bn | 8.38 Bn | 7.57 |
| 9 | Canadian Natural Resources | 100.85 Bn | 97.81 Bn | - | - |
| 10 | SM Energy | 8.37 Bn | 6.77 Bn | 1.94 Bn | 20.21 |
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 |
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_KEY
import 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();