SM Energy (SM) Tax Rate (2009 - 2026)
SM Energy (SM) posted Tax Rate of 24.39% for Q3 2026, up 0.37 percentage points from 24.02% a year earlier and up 1.50 percentage points from the prior quarter.
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Analysis
SM Energy (SM) Tax Rate (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Tax Rate at SM Energy was 24.54%, up 2.69 percentage points year-over-year; for FY2025, it was 21.93%, up 1.64 percentage points from FY2024.
- Annual Tax Rate shows a four-year change of +0.40 percentage points (FY2021 to FY2025).
- In prior years, SM Energy's Tax Rate was 20.29% in FY2024 (+9.79 pp), 10.50% in FY2023 (-9.83 pp), 20.33% in FY2022 (-1.19 pp) and 21.53% in FY2021.
- The Q3 2026 figure stands as the highest quarterly Tax Rate since Q3 2019.
- On a year-over-year basis, Tax Rate increased in six of the last seven quarters, with an average year-over-year change of +2.45 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q4 2022, with a gain of 17.76 percentage points; the weakest was Q4 2023, with a drop of 4.84 percentage points.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 24.55% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | - |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 26.42% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | - |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | - |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 33.12% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | - |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 26.09% |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 20.67% |
| 10 | SM Energy | 7.71 Bn | 5.83 Bn | 1.60 Bn | 24.39% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 24.39% |
| Jun 30, 2026 | 22.89% |
| Dec 31, 2025 | 22.70% |
| Sep 30, 2025 | 24.02% |
| Jun 30, 2025 | 20.16% |
| Mar 31, 2025 | 21.55% |
| Dec 31, 2024 | 22.06% |
| Sep 30, 2024 | 19.19% |
| Jun 30, 2024 | 20.31% |
| Mar 31, 2024 | 19.64% |
| Dec 31, 2023 | 15.22% |
| Jun 30, 2023 | 21.93% |
| Mar 31, 2023 | 21.85% |
| Dec 31, 2022 | 20.06% |
| Sep 30, 2022 | 19.88% |
| Jun 30, 2022 | 21.14% |
| Mar 31, 2022 | 20.87% |
| Dec 31, 2021 | 2.31% |
| Sep 30, 2019 | 27.61% |
| Jun 30, 2019 | 21.24% |
API Access
SM Energy Tax Rate 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=tax-rate&ticker=SM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=SM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();