diff --git a/hyptop/dg_debugfs_lpar.c b/hyptop/dg_debugfs_lpar.c
index 48880855..56e2a113 100644
--- a/hyptop/dg_debugfs_lpar.c
+++ b/hyptop/dg_debugfs_lpar.c
@@ -116,6 +116,7 @@ static void l_sd_cpu_fill(struct sd_cpu *cpu, struct l_x_cpu_info *cpu_info,
 			  int threads)
 {
 	sd_cpu_cpu_time_us_set(cpu, cpu_info->lp_time);
+	sd_cpu_threads_per_core_set(cpu, threads);
 	if (threads > 1)
 		sd_cpu_thread_time_us_set(cpu,
 			cpu_info->lp_time * threads - cpu_info->mt_idle_time);
@@ -297,6 +298,7 @@ static struct sd_sys_item *l_sys_item_vec[] = {
 	&sd_sys_item_thread_cnt,
 	&sd_sys_item_core_diff,
 	&sd_sys_item_thread_diff,
+	&sd_sys_item_smt_diff,
 	&sd_sys_item_mgm_diff,
 	&sd_sys_item_core,
 	&sd_sys_item_thread,
@@ -326,6 +328,7 @@ static struct sd_cpu_item *l_cpu_item_vec[] = {
 	&sd_cpu_item_type,
 	&sd_cpu_item_core_diff,
 	&sd_cpu_item_thread_diff,
+	&sd_cpu_item_smt_diff,
 	&sd_cpu_item_mgm_diff,
 	&sd_cpu_item_core,
 	&sd_cpu_item_thread,
diff --git a/hyptop/helper.c b/hyptop/helper.c
index 7fb70ffe..85b06682 100644
--- a/hyptop/helper.c
+++ b/hyptop/helper.c
@@ -391,3 +391,24 @@ void hyptop_helper_init(void)
 	if (l_iconv_ebcdic_ascii == (iconv_t) -1)
 		ERR_EXIT("Could not initialize iconv\n");
 }
+
+/*
+ * Calculate real SMT utilization
+ * @core_us: core utilization in us
+ * @thr_us: thread utilization in us
+ * @mgm_us: management utilization in us
+ * @thread_per_core: SMT thread count per core
+ */
+s64 ht_calculate_smt_util(u64 core_us, u64 thr_us, u64 mgm_us, int thread_per_core)
+{
+	s64 component1, component2, smt_us;
+	double smt_factor = SMT_FACTOR_DEFAULT;
+
+	component1 = G0(thread_per_core * core_us - thr_us);
+	if (thread_per_core > 1)
+		component1 /= smt_factor;
+	component2 = G0(thr_us - core_us);
+	smt_us = component1 + component2 + mgm_us;
+
+	return smt_us;
+}
diff --git a/hyptop/helper.h b/hyptop/helper.h
index 205b48f2..5ed92519 100644
--- a/hyptop/helper.h
+++ b/hyptop/helper.h
@@ -21,6 +21,7 @@
 #include "lib/zt_common.h"
 
 #define G0(x) MAX(0, (s64) (x))
+#define SMT_FACTOR_DEFAULT 1.3
 
 /*
  * Helper Prototypes
@@ -34,6 +35,7 @@ extern void ht_ebcdic_to_ascii(char *in, char *out, size_t len);
 extern char *ht_mount_point_get(const char *fs_type);
 extern u64 ht_ext_tod_2_us(void *tod_ext);
 extern void ht_print_time(void);
+extern s64 ht_calculate_smt_util(u64 core_us, u64 thr_us, u64 mgm_us, int thread_per_core);
 
 /*
  * Memory alloc functions
diff --git a/hyptop/hyptop.8 b/hyptop/hyptop.8
index b98fc959..739835cc 100644
--- a/hyptop/hyptop.8
+++ b/hyptop/hyptop.8
@@ -119,6 +119,7 @@ The following fields are available under LPAR:
   In "sys_list" and "sys" window:
   'c' - Core dispatch time per second
   'e' - Thread time per second
+  'S' - Real CPU SMT utilization
   'm' - Management time per second
   'C' - Total core dispatch time
   'E' - Total thread time
diff --git a/hyptop/sd.h b/hyptop/sd.h
index 1aed7074..ee84799b 100644
--- a/hyptop/sd.h
+++ b/hyptop/sd.h
@@ -200,6 +200,7 @@ struct sd_cpu {
 	struct sd_cpu_info	*d_cur;
 	struct sd_cpu_info	*d_prev;
 	u16			cnt;
+	int			threads_per_core;
 	enum sd_cpu_state	state;
 };
 
@@ -232,6 +233,11 @@ static inline void sd_cpu_cpu_time_us_set(struct sd_cpu *cpu, u64 value)
 	cpu->d_cur->cpu_time_us = value;
 }
 
+static inline void sd_cpu_threads_per_core_set(struct sd_cpu *cpu, int value)
+{
+	cpu->threads_per_core = value;
+}
+
 static inline void sd_cpu_thread_time_us_set(struct sd_cpu *cpu, u64 value)
 {
 	cpu->d_cur->thread_time_us = value;
@@ -335,6 +341,7 @@ extern struct sd_cpu_item sd_cpu_item_state;
 extern struct sd_cpu_item sd_cpu_item_cpu_diff;
 extern struct sd_cpu_item sd_cpu_item_core_diff;
 extern struct sd_cpu_item sd_cpu_item_thread_diff;
+extern struct sd_cpu_item sd_cpu_item_smt_diff;
 extern struct sd_cpu_item sd_cpu_item_mgm_diff;
 extern struct sd_cpu_item sd_cpu_item_wait_diff;
 extern struct sd_cpu_item sd_cpu_item_steal_diff;
@@ -398,6 +405,7 @@ static inline char *sd_sys_item_str(struct sd_sys *sys,
 extern struct sd_sys_item sd_sys_item_cpu_cnt;
 extern struct sd_sys_item sd_sys_item_core_cnt;
 extern struct sd_sys_item sd_sys_item_thread_cnt;
+extern struct sd_sys_item sd_sys_item_smt_diff;
 extern struct sd_sys_item sd_sys_item_cpu_oper_cnt;
 extern struct sd_sys_item sd_sys_item_cpu_deconf_cnt;
 extern struct sd_sys_item sd_sys_item_cpu_stop_cnt;
diff --git a/hyptop/sd_cpu_items.c b/hyptop/sd_cpu_items.c
index 1f4c2ca5..380c296d 100644
--- a/hyptop/sd_cpu_items.c
+++ b/hyptop/sd_cpu_items.c
@@ -98,6 +98,18 @@ static u64 l_cpu_item_64(struct sd_cpu_item *item, struct sd_cpu *cpu)
 		return l_cpu_info_u64(cpu->d_cur, item->offset) / cpu->cnt;
 }
 
+static u64 l_cpu_smt_util(struct sd_cpu_item *item, struct sd_cpu *cpu)
+{
+	u64 core_us, thr_us, mgm_us;
+	(void)item;
+
+	core_us = sd_cpu_item_u64(&sd_cpu_item_core_diff, cpu);
+	thr_us = sd_cpu_item_u64(&sd_cpu_item_thread_diff, cpu);
+	mgm_us = sd_cpu_item_u64(&sd_cpu_item_mgm_diff, cpu);
+
+	return ht_calculate_smt_util(core_us, thr_us, mgm_us, cpu->threads_per_core);
+}
+
 /*
  * CPU item definitions
  */
@@ -139,6 +151,13 @@ struct sd_cpu_item sd_cpu_item_thread_diff = {
 	.fn_u64	= l_cpu_diff_u64,
 };
 
+struct sd_cpu_item sd_cpu_item_smt_diff = {
+	.table_col = TABLE_COL_TIME_DIFF_SUM(table_col_unit_perc, 'S', "smt"),
+	.type	= SD_TYPE_U64,
+	.desc	= "Real CPU SMT utilization",
+	.fn_u64	= l_cpu_smt_util,
+};
+
 struct sd_cpu_item sd_cpu_item_mgm_diff = {
 	.table_col = TABLE_COL_TIME_DIFF_SUM(table_col_unit_perc, 'm', "mgm"),
 	.type	= SD_TYPE_U64,
diff --git a/hyptop/sd_sys_items.c b/hyptop/sd_sys_items.c
index f86ab51c..6102d6b3 100644
--- a/hyptop/sd_sys_items.c
+++ b/hyptop/sd_sys_items.c
@@ -208,6 +208,18 @@ static s64 l_sys_cpu_info_diff_s64(struct sd_sys_item *item, struct sd_sys *sys)
 	return rc;
 }
 
+static u64 l_sys_smt_util(struct sd_sys_item *item, struct sd_sys *sys)
+{
+	u64 core_us, thr_us, mgm_us;
+	(void)item;
+
+	core_us = sd_sys_item_u64(sys, &sd_sys_item_core_diff);
+	thr_us = sd_sys_item_u64(sys, &sd_sys_item_thread_diff);
+	mgm_us = sd_sys_item_u64(sys, &sd_sys_item_mgm_diff);
+
+	return ht_calculate_smt_util(core_us, thr_us, mgm_us, sys->threads_per_core);
+}
+
 /*
  * System item definitions
  */
@@ -277,6 +289,13 @@ struct sd_sys_item sd_sys_item_thread_diff = {
 	.fn_u64	= l_sys_cpu_info_diff_u64,
 };
 
+struct sd_sys_item sd_sys_item_smt_diff = {
+	.table_col = TABLE_COL_TIME_DIFF_SUM(table_col_unit_perc, 'S', "smt"),
+	.type	= SD_TYPE_U64,
+	.desc	= "Real CPU SMT utilization",
+	.fn_u64	= l_sys_smt_util,
+};
+
 struct sd_sys_item sd_sys_item_mgm_diff = {
 	.table_col = TABLE_COL_TIME_DIFF_SUM(table_col_unit_perc, 'm', "mgm"),
 	.offset = SD_CPU_INFO_OFFSET(mgm_time_us),