SM Energy (SM) Dividend Coverage Ratio (2009 - 2026)
SM Energy's (SM) Dividend Coverage Ratio came in at 1.79 for Q3 2026, down 73.5% from 6.74 a year earlier and down 91.1% from the prior quarter.
SM Energy (SM) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Dividend Coverage Ratio at SM Energy was 4.47, down 43.6% 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.
- Quarterly Dividend Coverage Ratio has run from a low of -4.09 in Q1 2026 to a high of 349.71 in Q4 2021 over five years.
- On a year-over-year basis, Dividend Coverage Ratio increased in two of the last seven quarters, with an average decline of 8.1%.
- 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 20.21 (Q2 2026), -4.09 (Q1 2026) and 4.74 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 3.61 |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | - |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 2.85 |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | - |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | - |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 3.97 |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | - |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 2.32 |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 11.14 |
| 10 | SM Energy | 7.71 Bn | 5.83 Bn | 1.60 Bn | 1.79 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.79 |
| Jun 30, 2026 | 20.21 |
| Mar 31, 2026 | -4.09 |
| Dec 31, 2025 | 4.74 |
| Sep 30, 2025 | 6.74 |
| 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 |
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();