SM Energy EV/EBIT SM

Enterprise value divided by operating profit over the last twelve months, one-off items taken out, since 2011.

Today, Oct 23, 2026: 9.1×
8-year median: 6.3×
Against its 8-year history: 67th; percentile: 0 is its lowest day, 100 its highest
8-year range: 2.4× to 33.1×
Peer median: 9.9×

SM Energy's EV/EBIT is 9.1× as of Oct 23, 2026.

That is above its 8-year median of 6.3×, higher than on 67% of days in the last 8 years.

Over that time it ranged from 2.4× in May 2023 to 33.1× in Mar 2022.

The median for 10 oil and gas producers of a similar size is 9.9×.

EV/EBIT over time

median 6.3×

The dashed line is the 8-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	9.1×	4.2×	29.9×
2025	4.2×	4.2×	6.3×
2024	4.8×	4.7×	7.7×
2023	5.6×	2.4×	5.8×
2022	3.1×	3.1×	33.1×
2021	n/m a value too high to mean anything
2020	7.3×	7.3×	7.7×
2019	7.6×	4.0×	18.3×
2018	10.6×	10.4×	29.2×
2017	n/m a value too high to mean anything
2016	0.6×	0.6×	1.1×
2015	1.4×	1.2×	2.6×
2014	2.0×	1.6×	11.9×
2013	11.5×	11.0×	47.1×
2012	5.8×	3.2×	6.6×
2011	3.7×	3.5×	21.0×

Against its peers

Companies in Oil & Gas Exploration & Production nearest SM Energy's size, closest first, today.

Company	EV/EBIT
SMSM Energy	9.1×
CHRDChord Energy	7.9×
RRCRange Resources	9.6×
MTDRMatador Resources	10.2×
ARANTERO RESOURCES	9.7×
MURMurphy Oil	11.5×
MGYMagnolia Oil & Gas	11.1×
LBLandBridge Co LLC	51.1×
CNXCNX Resources	6.0×
VNOMViper Energy	94.5×
APAAPA	5.6×
Peer median	9.9×

Where SM Energy ranks

What the EV/EBIT tells you

What the whole business costs against its operating profit. Enterprise value is the market value plus borrowings and minority interests, less cash. EBIT is operating profit before interest and tax, with one-offs taken out. Unlike PE it is not moved by how a company is financed.

Leases are left out of debt for every company. Banks earn on their balance sheet, so EV/EBIT does not describe them.

More on SM Energy

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.