The invention belongs to the technical field of ferroelectric and piezoelectric functional materials, and discloses a Sm-modified lead magnesium niobate-lead titanate-based piezoelectric and ferroelectric thick film material. The molecular formula of the Sm-modified lead magnesium niobate-lead titanate-based piezoelectric and ferroelectric thick film material is [Sm<x>-Pb<(1-1.5x)>][(Mg<1/3>Nb<2/3>)<(1-Y)>Ti<y>]O3, wherein 0<X<=0.1,0.25<Y<=0.32, the preparation method comprises the steps that S1, raw materials areweighed according to stoichiometric ratio; S2, a two-step solid-phase reaction method is adopted to prepare and obtain Sm-modified lead magnesium niobite-lead titanate powder body ofperovskite phase; S3, the powder body is mixed with a dispersing agent and a binder to obtain a slurry; S4,the slurry is subjected to tape casting, drying, cutting, and lamination to obtain a green tape in a desired shape; S5, the green tape is adhered and sintered to obtain the piezoelectric and ferroelectric thick film material. Thepiezoelectric and ferroelectric thick film material is of a perovskite phase structure, microstructure is compact, piezoelectric performanceis excellent, sinteringcan be conducted at a low temperature, preparation technology is simple, the cost is low, industrial production is advantageous, and the piezoelectric and ferroelectric thick film material is expected to be used for piezoelectric ultrasonic transducer and high frequency piezoelectric ultrasonic transducer arrays, piezoelectric actuators, and sensors.