SM Energy (SM) Interest Expenses (2009 - 2026)
SM Energy (SM) posted quarterly Interest Expenses of $113.0 million for Q1 2026, up 37.8% year-over-year from $82.0 million in Q1 2025, and up 162.0% quarter-over-quarter from $43.1 million in Q4 2025.
SM Energy (SM) Interest Expenses (2009 - 2026) Analysis & Trends
SM Energy (SM) has reported Interest Expenses for 18 consecutive years, with $113.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Expenses rose 37.8% year-over-year to $113.0 million; the TTM figure through Mar 2026 stood at $241.6 million (up 13.78% YoY), while the FY2025 annual figure was $173.0 million, up 22.7% from the prior year.
- Interest Expenses grew to $113.0 million in Q1 2026 per SM's latest filing, from $43.1 million in the prior quarter.
- Across five years, Interest Expenses topped out at $113.0 million in Q1 2026 and bottomed at $14.5 million in Q4 2023.
- Historically, Interest Expenses has averaged $43.5 million across 5 years, with a median of $36.5 million in 2022.
- Annual changes were most pronounced in 2023 — Interest Expenses sank 60.35% — and 2024, when it jumped 299.49%.
- SM Energy's Interest Expenses stood at $36.5 million in 2022, then tumbled by 60.35% to $14.5 million in 2023, then surged by 299.49% to $57.9 million in 2024, then declined by 25.47% to $43.1 million in 2025, then soared by 162.0% to $113.0 million in 2026.
- Business Quant data shows SM's Interest Expenses at $113.0 million in Q1 2026, $43.1 million in Q4 2025, and $42.9 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 182.00 Mn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 172.06 Mn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 67.00 Mn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | - |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 144.00 Mn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 108.00 Mn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 75.45 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 973,000.00 |
| 10 | SM Energy | 8.90 Bn | 8.13 Bn | 1.94 Bn | 111.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 111.00 Mn |
| Jun 30, 2026 | 111.00 Mn |
| Mar 31, 2026 | 113.00 Mn |
| Mar 31, 2026 | 113.00 Mn |
| Dec 31, 2025 | 43.13 Mn |
| Dec 31, 2025 | 43.13 Mn |
| Sep 30, 2025 | 42.94 Mn |
| Sep 30, 2025 | 42.94 Mn |
| Jun 30, 2025 | 42.56 Mn |
| Jun 30, 2025 | 42.56 Mn |
| Mar 31, 2025 | 82.00 Mn |
| Mar 31, 2025 | 82.00 Mn |
| Dec 31, 2024 | 57.87 Mn |
| Dec 31, 2024 | 57.87 Mn |
| Sep 30, 2024 | 50.68 Mn |
| Sep 30, 2024 | 50.68 Mn |
| Jun 30, 2024 | 21.81 Mn |
| Jun 30, 2024 | 21.81 Mn |
| Mar 31, 2024 | 32.99 Mn |
| Mar 31, 2024 | 32.99 Mn |