SM Energy (SM) Equity Ratio (2009 - 2026)

SM Energy (SM) reported Equity Ratio of 0.36 for Q1 2026, down 28.41% year-over-year from 0.5 in Q1 2025, and down 30.99% quarter-over-quarter from 0.52 in Q4 2025.

SM Energy (SM) Equity Ratio (2009 - 2026) Analysis & Trends

SM Energy (SM) has 18 years of Equity Ratio data on file, last reported at 0.36 in Q1 2026.

  • Equity Ratio for Q1 2026 came in at 0.36, down 28.41% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.36 (down 28.41% YoY), and the FY2025 annual result was 0.52, up 5.23% from the prior year.
  • Equity Ratio declined to 0.36 in Q1 2026 per SM's latest filing, from 0.52 in the prior quarter.
  • Over five years, Equity Ratio peaked at 0.58 in Q1 2024 and troughed at 0.36 in Q1 2026.
  • A 5-year average of 0.51 and a median of 0.52 in 2025 frame the typical range for Equity Ratio.
  • The sharpest annual moves came in 2022 and 2026: Equity Ratio soared 56.91% in 2022, then decreased 28.41% in 2026.
  • A 5-year view of Equity Ratio shows it stood at 0.54 in 2022, then increased by 5.01% to 0.57 in 2023, then decreased by 12.84% to 0.49 in 2024, then gained by 5.23% to 0.52 in 2025, then sank by 30.99% to 0.36 in 2026.
  • Business Quant data shows SM's Equity Ratio at 0.36 in Q1 2026, 0.52 in Q4 2025, and 0.52 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - 0.54
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn -
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 0.53
4 Eog Resources 72.93 Bn 69.08 Bn - 0.58
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 0.49
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 0.52
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn -
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 0.69
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn -
10 SM Energy 6.19 Bn 5.54 Bn 1.05 Bn 0.36

Historic Data

Download Data
DateValue
Mar 31, 2026 0.36
Dec 31, 2025 0.52
Sep 30, 2025 0.52
Jun 30, 2025 0.51
Mar 31, 2025 0.50
Dec 31, 2024 0.49
Sep 30, 2024 0.51
Jun 30, 2024 0.58
Mar 31, 2024 0.58
Dec 31, 2023 0.57
Sep 30, 2023 0.56
Jun 30, 2023 0.55
Mar 31, 2023 0.55
Dec 31, 2022 0.54
Sep 30, 2022 0.51
Jun 30, 2022 0.46
Mar 31, 2022 0.39
Dec 31, 2021 0.39
Sep 30, 2021 0.32
Jun 30, 2021 0.31