SM Energy (SM) EBT (2009 - 2026)
SM Energy (SM) reported EBT of $1.39 billion for Q2 2026, up 449.0% from $253 million a year earlier.
SM Energy (SM) EBT (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, SM Energy's EBT came in at $1.32 billion, up 29.4% year-over-year; for FY2025, it came in at $830 million, down 14.1% from FY2024.
- By year, EBT came in at $966 million in FY2024 (+5.7%), $914 million in FY2023 (-34.5%), $1.4 billion in FY2022 and $46.17 million in FY2021.
- The Q2 2026 figure ranks as the highest quarterly EBT in data going back to Q2 2009.
- Year over year, EBT gained in three of the last seven quarters, with growth averaging 66.5%.
- The high point for year-over-year EBT in five years was Q3 2022 (growth of 602.0%); the low point was Q3 2023 (a decline of 70.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at -$410 million (Q1 2026), $141.2 million (Q4 2025) and $204.29 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 15.75 Bn |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | 16.70 Bn |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | - |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | 4.63 Bn |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 6.08 Bn |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | 13.03 Bn |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | 4.97 Bn |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | 4.26 Bn |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | 4.98 Bn |
| 10 | SM Energy | 7.97 Bn | 6.37 Bn | 1.94 Bn | 1.39 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.39 Bn |
| Mar 31, 2026 | -410.00 Mn |
| Dec 31, 2025 | 141.20 Mn |
| Sep 30, 2025 | 204.29 Mn |
| Jun 30, 2025 | 253.00 Mn |
| Mar 31, 2025 | 232.00 Mn |
| Dec 31, 2024 | 241.20 Mn |
| Sep 30, 2024 | 297.65 Mn |
| Jun 30, 2024 | 263.88 Mn |
| Mar 31, 2024 | 163.27 Mn |
| Dec 31, 2023 | 291.61 Mn |
| Sep 30, 2023 | 176.36 Mn |
| Jun 30, 2023 | 191.97 Mn |
| Mar 31, 2023 | 254.06 Mn |
| Dec 31, 2022 | 323.33 Mn |
| Sep 30, 2022 | 600.62 Mn |
| Jun 30, 2022 | 410.20 Mn |
| Mar 31, 2022 | 61.63 Mn |
| Dec 31, 2021 | 434.93 Mn |
| Sep 30, 2021 | 85.55 Mn |
SM Energy EBT 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=ebt&ticker=SM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt", "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=ebt&ticker=SM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();