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
DateValue
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