SM Energy (SM) EV to EBITDA (2009 - 2026)
SM Energy's (SM) EV to EBITDA came in at 2.13 for Q3 2026, up 78.5% from 1.19 a year earlier and up 25.5% from the prior quarter.
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Analysis
SM Energy (SM) EV to EBITDA (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, EV to EBITDA at SM Energy was 1.72, up 50.1% year-over-year; for FY2025, it was 0.80, down 65.8% from FY2024.
- In prior years, SM Energy's EV to EBITDA was 2.34 in FY2024 (+2.0%), 2.30 in FY2023 (+32.6%), 1.73 in FY2022 (-46.8%) and 3.26 in FY2021.
- Quarterly EV to EBITDA has run from a low of 0.80 in Q4 2025 to a high of 3.31 in Q1 2022 over five years.
- On a year-over-year basis, EV to EBITDA has increased in each of the last three quarters, with growth averaging 2.9% over the last eight quarters.
- The strongest year-over-year quarter for EV to EBITDA in the past five years was Q1 2024, with growth of 164.0%; the weakest was Q2 2022, with a decline of 93.7%.
- According to Business Quant data, EV to EBITDA for the three prior quarters was 1.70 (Q2 2026), 3.20 (Q1 2026) and 0.80 (Q4 2025).
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 | 2.13 |
| Jun 30, 2026 | 1.70 |
| Mar 31, 2026 | 3.20 |
| Dec 31, 2025 | 0.80 |
| Sep 30, 2025 | 1.19 |
| Jun 30, 2025 | 1.23 |
| Mar 31, 2025 | 1.64 |
| Dec 31, 2024 | 2.34 |
| Sep 30, 2024 | 1.54 |
| Jun 30, 2024 | 2.63 |
| Mar 31, 2024 | 3.27 |
| Dec 31, 2023 | 2.30 |
| Sep 30, 2023 | 2.52 |
| Jun 30, 2023 | 1.64 |
| Mar 31, 2023 | 1.24 |
| Dec 31, 2022 | 1.73 |
| Sep 30, 2022 | 1.73 |
| Jun 30, 2022 | 2.00 |
| Mar 31, 2022 | 3.31 |
| Dec 31, 2021 | 3.26 |
API Access
SM Energy EV to EBITDA 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-ebitda&ticker=SM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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-ebitda&ticker=SM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();