SM Energy (SM) Interest Coverage Ratio (2009 - 2026)
SM Energy's (SM) quarterly Interest Coverage Ratio came in at 2.64 in Q1 2026, down 178.35% year-on-year from 3.37 in Q1 2025, and down 112.22% on a QoQ basis from 21.58 in Q4 2025.
SM Energy (SM) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
SM Energy (SM) has 18 years of Interest Coverage Ratio data on file, last reported at 2.64 in Q1 2026.
- On a quarterly basis, Interest Coverage Ratio fell 178.35% year-over-year to 2.64 in Q1 2026; TTM through Mar 2026 was 2.06, a 62.78% decrease from a year earlier, with the FY2025 full-year figure at 5.78, down 24.25% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 2.64, down from 21.58 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for SM reached as high as 27.26 in Q3 2022 and fell as low as 64.39 in Q4 2022.
- Historically, Interest Coverage Ratio has averaged 5.04 across 5 years, with a median of 6.93 in 2025.
- On a YoY basis, Interest Coverage Ratio climbed as much as 782.33% in 2022 and fell as far as 1560.19% in 2022.
- Year by year, Interest Coverage Ratio stood at 64.39 in 2022, then soared by 124.96% to 16.07 in 2023, then slumped by 69.12% to 4.96 in 2024, then surged by 334.65% to 21.58 in 2025, then slumped by 112.22% to 2.64 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 2.64 in Q1 2026, 21.58 in Q4 2025, and 5.74 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 24.33 |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 31.68 |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 1.22 |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 0.04 |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 5.22 |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 77.85 |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 1.09 |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 15.31 |
| 10 | SM Energy | 6.05 Bn | 5.40 Bn | 1.05 Bn | -2.64 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.64 |
| Dec 31, 2025 | 21.58 |
| 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 | 16.07 |
| Sep 30, 2023 | 8.47 |
| Jun 30, 2023 | 9.45 |
| Mar 31, 2023 | 8.03 |
| Dec 31, 2022 | -64.39 |
| Sep 30, 2022 | 27.26 |
| Jun 30, 2022 | 14.45 |
| Mar 31, 2022 | 1.58 |
| Dec 31, 2021 | -3.88 |
| Sep 30, 2021 | 3.09 |
| Jun 30, 2021 | -4.57 |