KPIs & Operating Metrics(New)
Growth Metrics

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

Historic Operating Margin for Energy (SM) over the last 17 years, with Q3 2025 value amounting to 30.37%.

  • Energy's Operating Margin fell 210500.0% to 30.37% in Q3 2025 from the same period last year, while for Sep 2025 it was 33.46%, marking a year-over-year decrease of 114400.0%. This contributed to the annual value of 39.98% for FY2024, which is 15900.0% down from last year.
  • Latest data reveals that Energy reported Operating Margin of 30.37% as of Q3 2025, which was down 210500.0% from 37.19% recorded in Q2 2025.
  • Energy's Operating Margin's 5-year high stood at 74.48% during Q3 2022, with a 5-year trough of 47.52% in Q1 2021.
  • Its 5-year average for Operating Margin is 32.09%, with a median of 37.19% in 2025.
  • In the last 5 years, Energy's Operating Margin surged by 1521200bps in 2021 and then plummeted by -439700bps in 2023.
  • Over the past 5 years, Energy's Operating Margin (Quarter) stood at 55.49% in 2021, then dropped by -8bps to 51.04% in 2022, then fell by 0bps to 50.91% in 2023, then crashed by -34bps to 33.67% in 2024, then dropped by -10bps to 30.37% in 2025.
  • Its Operating Margin was 30.37% in Q3 2025, compared to 37.19% in Q2 2025 and 32.71% in Q1 2025.