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.

• On a quarterly basis, Tax Rate fell 326.0% year-over-year to 18.29% in Q1 2026; TTM through Mar 2026 was 30.46%, a 979.0% increase from a year earlier, with the FY2025 full-year figure at 21.93%, up 164.0% from the prior year.
• Tax Rate for Q1 2026 stood at 18.29%, down from 22.82% in the prior quarter.
• Over the last five years, Tax Rate for SM reached as high as 24.09% in Q3 2025 and fell as low as 26.07% in Q3 2023.
• Historically, Tax Rate has averaged 17.82% across 5 years, with a median of 20.31% in 2024.
• Across the five-year window, Tax Rate plunged 4595 bps in 2023 and surged 4526 bps in 2024, its largest moves.
• Year by year, Tax Rate stood at 20.06% in 2022, then declined by 24 bps to 15.22% in 2023, then surged by 45 bps to 22.06% in 2024, then grew by 3 bps to 22.82% in 2025, then decreased by 20 bps to 18.29% in 2026.
• Per Business Quant data, the three most recent Tax Rate figures were 18.29% in Q1 2026, 22.82% in Q4 2025, and 24.09% in Q3 2025.