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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

SM Energy (SM) Net Margin (2016 - 2025)

SM Energy (SM) has disclosed Net Margin for 17 consecutive years, with 15.52% as the latest value for Q4 2025.

  • Quarterly Net Margin fell 698.0% to 15.52% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 20.6% through Dec 2025, down 823.0% year-over-year, with the annual reading at 20.65% for FY2025, 818.0% down from the prior year.
  • Net Margin for Q4 2025 was 15.52% at SM Energy, down from 19.12% in the prior quarter.
  • The five-year high for Net Margin was 58.15% in Q3 2022, with the low at 59.38% in Q1 2021.
  • Average Net Margin over 5 years is 21.72%, with a median of 26.43% recorded in 2023.
  • The sharpest move saw Net Margin surged 10271bps in 2021, then crashed -2339bps in 2023.
  • Over 5 years, Net Margin stood at 51.19% in 2021, then dropped by -25bps to 38.62% in 2022, then increased by 5bps to 40.61% in 2023, then plummeted by -45bps to 22.5% in 2024, then crashed by -31bps to 15.52% in 2025.
  • According to Business Quant data, Net Margin over the past three periods came in at 15.52%, 19.12%, and 25.43% for Q4 2025, Q3 2025, and Q2 2025 respectively.