SM Energy (SM) Interest Coverage Ratio (2009 - 2026)
SM Energy's Interest Coverage Ratio came in at 13.48 for Q2 2026, up 96.5% from 6.86 a year earlier.
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Analysis
SM Energy (SM) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, SM Energy reported Interest Coverage Ratio of 5.25, down 18.7% year-over-year; for FY2025, it was 5.78, down 24.3% from FY2024.
- Interest Coverage Ratio has declined in each of the last three years.
- Going back by year, Interest Coverage Ratio was 7.63 in FY2024 (-28.9%), 10.73 in FY2023 (-18.3%), 13.12 in FY2022 (+906.4%) and 1.30 in FY2021.
- The Q2 2026 figure represents the highest quarterly Interest Coverage Ratio since Q4 2022.
- Year-over-year, Interest Coverage Ratio increased in 1 of the last seven quarters, with an average decline of 13.0%.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in Q3 2022 (growth of 782.3%), and the weakest in Q3 2023 (a decline of 68.9%).
- Business Quant data shows SM's Interest Coverage Ratio at -2.64 (Q1 2026), 4.23 (Q4 2025) and 5.74 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 33.72 |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | -56.60 |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | - |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | 3.32 |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 57.03 |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | - |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | -123.23 |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | 25.74 |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | - |
| 10 | SM Energy | 7.97 Bn | 6.37 Bn | 1.94 Bn | 13.48 |
Historic Data
Download Data
Historic 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 | 6.86 |
| Mar 31, 2025 | 6.27 |
| Dec 31, 2024 | 6.16 |
| Sep 30, 2024 | 6.53 |
| Jun 30, 2024 | 12.81 |
| Mar 31, 2024 | 8.16 |
| Dec 31, 2023 | 12.76 |
| Sep 30, 2023 | 8.47 |
| Jun 30, 2023 | 9.45 |
| Mar 31, 2023 | 12.11 |
| Dec 31, 2022 | 15.14 |
| Sep 30, 2022 | 27.26 |
| Jun 30, 2022 | 14.45 |
| Mar 31, 2022 | 2.58 |
| Dec 31, 2021 | 11.84 |
| Sep 30, 2021 | 3.09 |
API Access
SM Energy Interest Coverage Ratio 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=interest-coverage-ratio&ticker=SM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=SM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();