KPIs & Operating Metrics(New)
Growth Metrics

SM Energy (SM) Tax Rate (2016 - 2025)

SM Energy (SM) has disclosed Tax Rate for 17 consecutive years, with 22.82% as the latest value for Q4 2025.

  • Quarterly Tax Rate rose 76.0% to 22.82% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 21.93% through Dec 2025, up 164.0% year-over-year, with the annual reading at 21.93% for FY2025, 164.0% up from the prior year.
  • Tax Rate for Q4 2025 was 22.82% at SM Energy, down from 24.09% in the prior quarter.
  • The five-year high for Tax Rate was 24.09% in Q3 2025, with the low at 26.07% in Q3 2023.
  • Average Tax Rate over 5 years is 14.34%, with a median of 20.1% recorded in 2022.
  • The sharpest move saw Tax Rate crashed -4595bps in 2023, then surged 4526bps in 2024.
  • Over 5 years, Tax Rate stood at 2.31% in 2021, then soared by 770bps to 20.06% in 2022, then dropped by -24bps to 15.22% in 2023, then skyrocketed by 45bps to 22.06% in 2024, then rose by 3bps to 22.82% in 2025.
  • According to Business Quant data, Tax Rate over the past three periods came in at 22.82%, 24.09%, and 20.13% for Q4 2025, Q3 2025, and Q2 2025 respectively.