SM Energy (SM) EBIT (2009 - 2026)
SM Energy's EBIT came in at $236 million for Q3 2026, down 4.1% from $246 million a year earlier and down 84.2% from the prior quarter.
SM Energy (SM) EBIT (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, SM Energy reported EBIT of $1.62 billion, up 46.3% 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 five-year range for quarterly EBIT is -$298 million (Q1 2026) to $1.5 billion (Q2 2026).
- Year-over-year, EBIT increased in three of the last seven quarters, with growth averaging 56.2%.
- 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 $1.5 billion (Q2 2026), -$298 million (Q1 2026) and $182 million (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 21.42 Bn |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 17.99 Bn |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 13.93 Bn |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 26.50 Bn |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 2.14 Bn |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 10.19 Bn |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 11.96 Bn |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 8.76 Bn |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 7.35 Bn |
| 10 | SM Energy | 7.71 Bn | 5.83 Bn | 1.60 Bn | 236.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 236.00 Mn |
| Jun 30, 2026 | 1.50 Bn |
| Mar 31, 2026 | -298.00 Mn |
| Dec 31, 2025 | 182.00 Mn |
| Sep 30, 2025 | 246.00 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 |
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_KEY
import 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();