SM Energy (SM) Return on Sales [ROS] (2009 - 2026)
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.
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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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-sales-[ros]", "ticker": "SM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-sales-%5Bros%5D&ticker=SM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();