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| Date | Value |
|---|---|
| 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 |