KPIs & Operating Metrics(New)
Growth Metrics

SM Energy (SM) Tax Rate (2016 - 2026)

SM Energy has reported Tax Rate over the past 17 years, most recently at 22.82% 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 was 22.82% for Q4 2025 at SM Energy, down from 24.09% in the prior quarter.
  • Over five years, Tax Rate peaked at 24.09% in Q3 2025 and troughed at 26.07% in Q3 2023.
  • The 5-year median for Tax Rate is 20.1% (2022), against an average of 14.34%.
  • Year-over-year, Tax Rate tumbled -4595bps in 2023 and then skyrocketed 4526bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 2.31% in 2021, then skyrocketed by 770bps to 20.06% in 2022, then decreased by -24bps to 15.22% in 2023, then surged by 45bps to 22.06% in 2024, then grew by 3bps to 22.82% in 2025.
  • Per Business Quant, the three most recent readings for SM's Tax Rate are 22.82% (Q4 2025), 24.09% (Q3 2025), and 20.13% (Q2 2025).