SM Energy (SM) Interest Coverage Ratio (2009 - 2026)
SM Energy (SM) posted quarterly Interest Coverage Ratio of 2.64 for Q1 2026, down 178.35% year-over-year from 3.37 in Q1 2025, and down 162.38% quarter-over-quarter from 4.23 in Q4 2025.
SM Energy (SM) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
SM Energy (SM) has reported Interest Coverage Ratio for 18 consecutive years, with 2.64 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 178.35% year-over-year to 2.64; the TTM figure through Mar 2026 stood at 1.76 (down 68.12% YoY), while the FY2025 annual figure was 5.78, down 24.25% from the prior year.
- Interest Coverage Ratio slipped to 2.64 in Q1 2026 per SM's latest filing, from 4.23 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 27.26 in Q3 2022 and bottomed at 2.64 in Q1 2026.
- Historically, Interest Coverage Ratio has averaged 8.67 across 5 years, with a median of 6.93 in 2025.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio soared 782.33% — and 2026, when it tumbled 178.35%.
- SM Energy's Interest Coverage Ratio stood at 9.38 in 2022, then jumped by 128.16% to 21.4 in 2023, then sank by 76.8% to 4.96 in 2024, then fell by 14.84% to 4.23 in 2025, then plunged by 162.38% to 2.64 in 2026.
- Business Quant data shows SM's Interest Coverage Ratio at 2.64 in Q1 2026, 4.23 in Q4 2025, and 5.74 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 57.03 |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 61.27 |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 52.66 |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | - |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 16.56 |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 29.51 |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 5.22 |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 197.14 |
| 10 | SM Energy | 8.96 Bn | 8.19 Bn | 1.94 Bn | 13.48 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 13.48 |
| Mar 31, 2026 | -2.64 |
| Dec 31, 2025 | 4.23 |
| Sep 30, 2025 | 5.74 |
| Jun 30, 2025 | 6.93 |
| Mar 31, 2025 | 3.37 |
| Dec 31, 2024 | 4.96 |
| Sep 30, 2024 | 6.53 |
| Jun 30, 2024 | 12.81 |
| Mar 31, 2024 | 5.41 |
| Dec 31, 2023 | 21.40 |
| Sep 30, 2023 | 8.47 |
| Jun 30, 2023 | 9.45 |
| Mar 31, 2023 | 8.03 |
| Dec 31, 2022 | 9.38 |
| Sep 30, 2022 | 27.26 |
| Jun 30, 2022 | 14.45 |
| Mar 31, 2022 | 1.58 |
| Dec 31, 2021 | 11.84 |
| Sep 30, 2021 | 3.09 |