SM Energy SM
NYSE SM
$32.72 -0.07 (-0.21%)
At close: Nov 13, 2026 · 4:00 PM EST

SM Energy (SM) Return on Sales [ROS] (2009 - 2026)

Updated

SM Energy (SM) posted Return on Sales [ROS] of 10.88% for Q3 2026, down 19.42 percentage points from 30.30% a year earlier and down 48.96 percentage points from the prior quarter.

Analysis

SM Energy (SM) Return on Sales [ROS] (2009 - 2026) Analysis & Trends

For the trailing twelve months through Sep 30, 2026, Return on Sales [ROS] at SM Energy was 23.58%, down 9.87 percentage points year-over-year; for FY2025, it was 31.71%, down 8.29 percentage points from FY2024.

  • Annual Return on Sales [ROS] has declined for three consecutive years, though with a five-year change of +126.58 percentage points (FY2020 to FY2025).
  • In prior years, SM Energy's Return on Sales [ROS] was 40.00% in FY2024 (-1.58 pp), 41.58% in FY2023 (-5.45 pp), 47.03% in FY2022 (+39.05 pp) and 7.97% in FY2021 (+102.85 pp).
  • Quarterly Return on Sales [ROS] has run from a low of -20.15% in Q1 2026 to a high of 74.48% in Q3 2022 over five years.
  • On a year-over-year basis, Return on Sales [ROS] increased in two of the last eight quarters, with an average year-over-year change of -12.73 percentage points.
  • The strongest year-over-year quarter for Return on Sales [ROS] in the past five years was Q4 2021, with a gain of 109.20 percentage points; the weakest was Q1 2026, with a drop of 52.81 percentage points.
  • According to Business Quant data, Return on Sales [ROS] for the three prior quarters was 59.84% (Q2 2026), -20.15% (Q1 2026) and 25.82% (Q4 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROS (Qtr)
1 ExxonMobil Holdings 696.20 Bn 661.07 Bn 47.44 Bn 18.93%
2 Shell 563.81 Bn 425.16 Bn - 977.98%
3 Chevron 432.14 Bn 404.83 Bn 31.26 Bn 20.54%
4 TotalEnergies SE 200.31 Bn 75.66 Bn 31.61 Bn 39.66%
5 Eni Spa 181.16 Bn 124.34 Bn - 7.15%
6 Conocophillips 168.32 Bn 137.35 Bn 12.63 Bn 50.83%
7 Equinor Asa 107.41 Bn 20.34 Bn 4.49 Bn 36.02%
8 Canadian Natural Resources 103.54 Bn 97.44 Bn 9.35 Bn 78.41%
9 Phillips 66 103.32 Bn 88.28 Bn 10.69 Bn 14.27%
10 SM Energy 7.71 Bn 5.83 Bn 1.60 Bn 10.88%
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2026 10.88%
Jun 30, 2026 59.84%
Mar 31, 2026 -20.15%
Dec 31, 2025 25.82%
Sep 30, 2025 30.30%
Jun 30, 2025 37.20%
Mar 31, 2025 32.66%
Dec 31, 2024 33.72%
Sep 30, 2024 51.42%
Jun 30, 2024 44.03%
Mar 31, 2024 31.86%
Dec 31, 2023 50.92%
Sep 30, 2023 30.52%
Jun 30, 2023 38.01%
Mar 31, 2023 47.44%
Dec 31, 2022 51.04%
Sep 30, 2022 74.48%
Jun 30, 2022 51.69%
Mar 31, 2022 11.83%
Dec 31, 2021 55.49%
API Access

SM Energy Return on Sales [ROS] 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=return-on-sales-%5Bros%5D&ticker=SM&period=max&api_key=YOUR_API_KEY