Sm Energy (SM) valuation
Sm Energy P/E ratio history
Sm Energy trades at 8.0 times its earnings over the last twelve months and 4.7 times the earnings analysts expect over the next twelve. At its last 6 fiscal year ends its P/E ranged from 3.3 (year to Dec 2025) to 101.7 (year to Dec 2021), with a median of 4.8.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Dec 31, 2025 | $18.70 | $5.64 | 3.3 | 4.6 |
| Dec 31, 2024 | $38.76 | $6.67 | 5.8 | 5.3 |
| Dec 31, 2023 | $38.72 | $6.86 | 5.6 | — |
| Dec 31, 2022 | $34.83 | $8.96 | 3.9 | 4.0 |
| Dec 31, 2021 | $29.48 | $0.29 | 101.7 | — |
| Dec 31, 2020 | $6.12 | -$6.72 | n/m | — |
| Dec 31, 2019 | $11.24 | -$1.66 | n/m | — |
| Dec 31, 2018 | $15.48 | $4.48 | 3.5 | — |
| Dec 31, 2017 | $22.08 | -$1.44 | n/m | — |
| Dec 31, 2016 | $34.48 | -$9.90 | n/m | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Sm Energy valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| Sm EnergySM | $9.68B | 8.0 | 4.7 | 1.8 |
| Pbf EnergyPBF | $9.25B | 3.5 | 3.8 | 0.2 |
| KinetikKNTK | $9.19B | 20.1 | 27.5 | 4.9 |
| Noble Corporation PlcNE | $7.82B | 148.5 | 36.2 | 2.6 |
| TransoceanRIG | $7.75B | — | 31.1 | 1.9 |
| ValarisVAL | $7.29B | 7.9 | 20.7 | 3.4 |
| Murphy OilMUR | $6.30B | 21.8 | 11.3 | 2.1 |
| Cvr EnergyCVI | $5.87B | 101.2 | 14.4 | 0.7 |
| ArchrockAROC | $5.56B | 17.0 | 15.8 | 3.7 |
| Peer median | 20.1 | 18.3 | 2.3 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: SM financials · SM returns
No forecast, no recommendation. This page describes Sm Energy from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.