SM Energy (SM) EV to EBIT (2010 - 2026)
SM Energy's EV to EBIT came in at 3.43 for Q2 2026, up 49.3% from 2.30 a year earlier but down 74.6% from the prior quarter.
SM Energy (SM) EV to EBIT (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, SM Energy reported EV to EBIT of 2.83, up 237.8% 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 increased in three of the last eight quarters, with growth averaging 27.2%.
- The fastest year-over-year change in EV to EBIT over five years came in Q1 2026 (growth of 362.8%), and the weakest in Q4 2022 (a decline of 84.6%).
- Business Quant data shows SM's EV to EBIT at 13.52 (Q1 2026), 1.78 (Q4 2025) and 2.44 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - |
| 10 | SM Energy | 7.97 Bn | 6.37 Bn | 1.94 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.43 |
| Mar 31, 2026 | 13.52 |
| 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 |
| Sep 30, 2019 | 2.44 |
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();