SM Energy (SM) Return on Capital Employed (2010 - 2026)

SM Energy (SM) has 17 years of Return on Capital Employed data on file, last reported at 4.29% in Q1 2026.

• Return on Capital Employed for Q1 2026 came in at 4.29%, down 1064.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 4.29% (down 1064.0% YoY), and the FY2025 annual result was 12.91%, down 318.0% from the prior year.
• Return on Capital Employed retreated to 4.29% in Q1 2026 per SM's latest filing, from 12.49% in the prior quarter.
• Over five years, Return on Capital Employed peaked at 36.55% in Q3 2022 and troughed at 4.29% in Q1 2026.
• A 5-year average of 19.24% and a median of 16.25% in 2024 frame the typical range for Return on Capital Employed.
• The sharpest annual moves came in 2022 and 2024: Return on Capital Employed soared 4762 bps in 2022, then sank 1819 bps in 2024.
• A 5-year view of Return on Capital Employed shows it stood at 31.06% in 2022, then slumped by 43 bps to 17.64% in 2023, then dropped by 19 bps to 14.32% in 2024, then retreated by 13 bps to 12.49% in 2025, then plunged by 66 bps to 4.29% in 2026.
• Business Quant data shows SM's Return on Capital Employed at 4.29% in Q1 2026, 12.49% in Q4 2025, and 13.97% in Q3 2025.