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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

SM Energy (SM) EBIT Margin (2016 - 2026)

SM Energy has reported EBIT Margin over the past 17 years, most recently at 25.38% for Q4 2025.

  • Quarterly EBIT Margin fell 834.0% to 25.38% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 31.7% through Dec 2025, down 832.0% year-over-year, with the annual reading at 31.71% for FY2025, 829.0% down from the prior year.
  • EBIT Margin was 25.38% for Q4 2025 at SM Energy, down from 30.37% in the prior quarter.
  • Over five years, EBIT Margin peaked at 74.48% in Q3 2022 and troughed at 47.52% in Q1 2021.
  • The 5-year median for EBIT Margin is 35.64% (2024), against an average of 31.83%.
  • Year-over-year, EBIT Margin surged 15222bps in 2021 and then tumbled -4397bps in 2023.
  • A 5-year view of EBIT Margin shows it stood at 55.49% in 2021, then fell by -8bps to 51.2% in 2022, then fell by 0bps to 51.07% in 2023, then plummeted by -34bps to 33.72% in 2024, then dropped by -25bps to 25.38% in 2025.
  • Per Business Quant, the three most recent readings for SM's EBIT Margin are 25.38% (Q4 2025), 30.37% (Q3 2025), and 37.56% (Q2 2025).