KPIs & Operating Metrics(New)
Growth Metrics

SM Energy (SM) EBT Margin (2016 - 2025)

SM Energy (SM) has disclosed EBT Margin for 17 consecutive years, with 20.11% as the latest value for Q4 2025.

  • Quarterly EBT Margin fell 876.0% to 20.11% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 26.38% through Dec 2025, down 978.0% year-over-year, with the annual reading at 26.45% for FY2025, 972.0% down from the prior year.
  • EBT Margin for Q4 2025 was 20.11% at SM Energy, down from 25.19% in the prior quarter.
  • The five-year high for EBT Margin was 72.58% in Q3 2022, with the low at 59.35% in Q1 2021.
  • Average EBT Margin over 5 years is 26.99%, with a median of 30.51% recorded in 2024.
  • The sharpest move saw EBT Margin surged 11434bps in 2021, then crashed -4501bps in 2023.
  • Over 5 years, EBT Margin stood at 52.4% in 2021, then decreased by -8bps to 48.31% in 2022, then decreased by -1bps to 47.9% in 2023, then plummeted by -40bps to 28.87% in 2024, then plummeted by -30bps to 20.11% in 2025.
  • According to Business Quant data, EBT Margin over the past three periods came in at 20.11%, 25.19%, and 31.84% for Q4 2025, Q3 2025, and Q2 2025 respectively.