SM Energy (SM) EBIT (2009 - 2026)
SM Energy's EBIT came in at $1.5 billion for Q2 2026, up 407.1% from $295 million a year earlier.
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Analysis
SM Energy (SM) EBIT (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, SM Energy reported EBIT of $1.63 billion, up 36.8% year-over-year; for FY2025, it was $1 billion, down 7.1% from FY2024.
- Going back by year, EBIT was $1.08 billion in FY2024 (+9.0%), $987 million in FY2023 (-37.5%), $1.58 billion in FY2022 (+655.3%) and $209.12 million in FY2021.
- The Q2 2026 figure represents the highest quarterly EBIT in data going back to Q2 2009.
- Year-over-year, EBIT increased in four of the last seven quarters, with growth averaging 66.7%.
- The fastest year-over-year change in EBIT over five years came in Q2 2026 (growth of 407.1%), and the weakest in Q3 2023 (a decline of 68.6%).
- Business Quant data shows SM's EBIT at -$298 million (Q1 2026), $182.32 million (Q4 2025) and $246.48 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 26.95 Bn |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | -19.92 Bn |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | - |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | 1.37 Bn |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 10.38 Bn |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | 12.99 Bn |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | -38.69 Bn |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | 4.43 Bn |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | 5.33 Bn |
| 10 | SM Energy | 7.97 Bn | 6.37 Bn | 1.94 Bn | 1.50 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.50 Bn |
| Mar 31, 2026 | -298.00 Mn |
| Dec 31, 2025 | 182.32 Mn |
| Sep 30, 2025 | 246.48 Mn |
| Jun 30, 2025 | 295.00 Mn |
| Mar 31, 2025 | 276.00 Mn |
| Dec 31, 2024 | 287.27 Mn |
| Sep 30, 2024 | 330.95 Mn |
| Jun 30, 2024 | 279.38 Mn |
| Mar 31, 2024 | 178.40 Mn |
| Dec 31, 2023 | 310.01 Mn |
| Sep 30, 2023 | 195.60 Mn |
| Jun 30, 2023 | 209.35 Mn |
| Mar 31, 2023 | 272.05 Mn |
| Dec 31, 2022 | 342.66 Mn |
| Sep 30, 2022 | 622.28 Mn |
| Jun 30, 2022 | 512.81 Mn |
| Mar 31, 2022 | 101.74 Mn |
| Dec 31, 2021 | 474.41 Mn |
| Sep 30, 2021 | 126.26 Mn |
API Access
SM Energy EBIT 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=ebit&ticker=SM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit", "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=ebit&ticker=SM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();