SM Energy (SM) Interest Coverage Ratio (2009 - 2026)
SM Energy's Interest Coverage Ratio came in at 2.03 for Q3 2026, down 64.4% from 5.72 a year earlier and down 84.9% from the prior quarter.
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Analysis
SM Energy (SM) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, SM Energy reported Interest Coverage Ratio of 4.22, down 32.5% 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 five-year range for quarterly Interest Coverage Ratio is -2.64 (Q1 2026) to 27.26 (Q3 2022).
- Year-over-year, Interest Coverage Ratio increased in 1 of the last seven quarters, with an average decline of 19.0%.
- 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 13.48 (Q2 2026), -2.64 (Q1 2026) and 4.23 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 117.04 |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | - |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 45.82 |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 47.75 |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 1.05 |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 71.79 |
| 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 | 55.75 |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 30.25 |
| 10 | SM Energy | 7.71 Bn | 5.83 Bn | 1.60 Bn | 2.03 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.03 |
| Jun 30, 2026 | 13.48 |
| Mar 31, 2026 | -2.64 |
| Dec 31, 2025 | 4.23 |
| Sep 30, 2025 | 5.72 |
| 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 |
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();