SM Energy (SM) EV to EBIT (2010 - 2026)
SM Energy's EV to EBIT came in at 4.66 for Q3 2026, up 90.6% from 2.44 a year earlier and up 35.7% from the prior quarter.
SM Energy (SM) EV to EBIT (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, SM Energy reported EV to EBIT of 3.77, up 60.2% year-over-year; for FY2025, it was 1.78, down 56.9% from FY2024.
- Going back by year, EV to EBIT was 4.12 in FY2024 (+5.3%), 3.92 in FY2023 (+62.7%), 2.41 in FY2022 (-84.6%) and 15.59 in FY2021.
- The five-year range for quarterly EV to EBIT is 1.67 (Q1 2023) to 15.59 (Q4 2021).
- Year-over-year, EV to EBIT has increased for three consecutive quarters, with growth averaging 43.3% over the last eight quarters.
- The fastest year-over-year change in EV to EBIT over five years came in Q1 2026 (growth of 363.6%), and the weakest in Q4 2022 (a decline of 84.6%).
- Business Quant data shows SM's EV to EBIT at 3.43 (Q2 2026), 13.54 (Q1 2026) and 1.78 (Q4 2025) in the three quarters before Q3 2026.
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
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.66 |
| Jun 30, 2026 | 3.43 |
| Mar 31, 2026 | 13.54 |
| Dec 31, 2025 | 1.78 |
| Sep 30, 2025 | 2.44 |
| Jun 30, 2025 | 2.30 |
| Mar 31, 2025 | 2.92 |
| Dec 31, 2024 | 4.12 |
| Sep 30, 2024 | 2.58 |
| Jun 30, 2024 | 4.61 |
| Mar 31, 2024 | 5.85 |
| Dec 31, 2023 | 3.92 |
| Sep 30, 2023 | 4.13 |
| Jun 30, 2023 | 2.32 |
| Mar 31, 2023 | 1.67 |
| Dec 31, 2022 | 2.41 |
| Sep 30, 2022 | 2.41 |
| Jun 30, 2022 | 3.21 |
| Mar 31, 2022 | 8.29 |
| Dec 31, 2021 | 15.59 |
SM Energy EV to EBIT 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=ev-to-ebit&ticker=SM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "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=ev-to-ebit&ticker=SM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();