SM Energy (SM) Enterprise Value (2009 - 2026)
SM Energy's Enterprise Value came in at $7.52 billion for Q3 2026, up 178.9% from $2.7 billion a year earlier and up 34.9% from the prior quarter.
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Analysis
SM Energy (SM) Enterprise Value (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, SM Energy reported Enterprise Value of $6.09 billion, up 134.5% year-over-year; for FY2025, it came in at $1.78 billion, down 60.0% from FY2024.
- Enterprise Value carries a five-year compound annual growth rate of 20.4% (FY2020 to FY2025).
- Going back by year, Enterprise Value was $4.44 billion in FY2024 (+14.8%), $3.87 billion in FY2023 (+1.7%), $3.8 billion in FY2022 (+16.6%) and $3.26 billion in FY2021 (+364.2%).
- The Q3 2026 figure represents the highest quarterly Enterprise Value in data going back to Q1 2009.
- Year-over-year, Enterprise Value has increased for three consecutive quarters, with growth averaging 28.5% over the last eight quarters.
- The fastest year-over-year change in Enterprise Value over five years came in Q4 2021 (growth of 364.2%), and the weakest in Q4 2025 (a decline of 60.0%).
- Business Quant data shows SM's Enterprise Value at $5.58 billion (Q2 2026), $5.76 billion (Q1 2026) and $1.78 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn |
| 10 | SM Energy | 7.71 Bn | 5.83 Bn | 1.60 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.52 Bn |
| Jun 30, 2026 | 5.58 Bn |
| Mar 31, 2026 | 5.76 Bn |
| Dec 31, 2025 | 1.78 Bn |
| Sep 30, 2025 | 2.70 Bn |
| Jun 30, 2025 | 2.73 Bn |
| Mar 31, 2025 | 3.43 Bn |
| Dec 31, 2024 | 4.44 Bn |
| Sep 30, 2024 | 2.84 Bn |
| Jun 30, 2024 | 4.44 Bn |
| Mar 31, 2024 | 5.23 Bn |
| Dec 31, 2023 | 3.87 Bn |
| Sep 30, 2023 | 4.21 Bn |
| Jun 30, 2023 | 3.36 Bn |
| Mar 31, 2023 | 2.92 Bn |
| Dec 31, 2022 | 3.80 Bn |
| Sep 30, 2022 | 4.12 Bn |
| Jun 30, 2022 | 3.90 Bn |
| Mar 31, 2022 | 4.33 Bn |
| Dec 31, 2021 | 3.26 Bn |
API Access
SM Energy Enterprise Value 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=enterprise-value&ticker=SM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=SM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();