The 1991–92 SM-liiga season was the 17th season of the SM-liiga, the top level of ice hockey in Finland. 12 teams participated in the league, and Jokerit Helsinki won the championship.
| Rank | Club | GP | W | T | L | GF | GA | Diff | P | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1. | 44 | 26 | 8 | 10 | 189 | 129 | +60 | 60 | ||
| 2. | 44 | 28 | 3 | 13 | 195 | 132 | +63 | 59 | ||
| 3. | 44 | 29 | 1 | 14 | 181 | 153 | +28 | 59 | ||
| 4. | 44 | 20 | 9 | 15 | 162 | 121 | +41 | 49 | ||
| 5. | 44 | 23 | 3 | 18 | 170 | 171 | -1 | 49 | ||
| 6. | 44 | 22 | 3 | 19 | 183 | 166 | +17 | 47 | ||
| 7. | 44 | 18 | 9 | 17 | 167 | 182 | -15 | 45 | ||
| 8. | 44 | 18 | 4 | 22 | 191 | 183 | +8 | 40 | ||
| 9. | 44 | 16 | 3 | 25 | 134 | 155 | -21 | 35 | ||
| 10. | 44 | 12 | 6 | 26 | 154 | 187 | -33 | 30 | ||
| 11. | 44 | 12 | 6 | 26 | 142 | 202 | -60 | 30 | ||
| 12. | 44 | 9 | 7 | 28 | 114 | 201 | -87 | 25 |