SM Energy (SM) Tax Rate (2009 - 2026)

SM Energy (SM) has 18 years of Tax Rate data on file, last reported at 18.29% in Q1 2026.

• Tax Rate for Q1 2026 came in at 18.29%, down 326.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 30.46% (up 979.0% YoY), and the FY2025 annual result was 21.93%, up 164.0% from the prior year.
• Tax Rate slipped to 18.29% in Q1 2026 per SM's latest filing, from 22.82% in the prior quarter.
• Over five years, Tax Rate peaked at 24.09% in Q3 2025 and troughed at 26.07% in Q3 2023.
• A 5-year average of 17.82% and a median of 20.31% in 2024 frame the typical range for Tax Rate.
• The sharpest annual moves came in 2023 and 2024: Tax Rate slumped 4595 bps in 2023, then jumped 4526 bps in 2024.
• A 5-year view of Tax Rate shows it stood at 20.06% in 2022, then decreased by 24 bps to 15.22% in 2023, then surged by 45 bps to 22.06% in 2024, then gained by 3 bps to 22.82% in 2025, then declined by 20 bps to 18.29% in 2026.
• Business Quant data shows SM's Tax Rate at 18.29% in Q1 2026, 22.82% in Q4 2025, and 24.09% in Q3 2025.