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SM Energy Company(SM)Earnings, Financials & Key Ratios
SM•NYSE
4.8× P/E·Price updated Jun 19, 2026
AboutSM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in the state of Texas. As of February 24, 2022, it had 492.0 million barrels of oil equivalent of estimated proved reserves. It also has working interests in 825 gross productive oil wells and 483 gross productive gas wells in the Midland Basin and South Texas. The company was formerly known as St. Mary Land & Exploration Company and changed its name to SM Energy Company in May 2010. SM Energy Company was founded in 1908 and is headquartered in Denver, Colorado.Show more
- Revenue$3.15B+18.1%
- EBITDA$2.03B+7.6%
- Net Income$648M-15.9%
- EPS (Diluted)5.64-15.4%
- Gross Margin31.86%-30.5%
- EBITDA Margin64.33%-8.8%
- Operating Margin26.06%-35.3%
- Net Margin20.55%-28.8%
- ROE14.32%-27.0%
SM Key Insights
SM Energy Company (SM) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong Piotroski F-Score: 7/9
- ✓FCF machine: 18.2% free cash flow margin
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 22.9%
- ✓Good 3Y average ROE of 19.5%
- ✓Healthy dividend yield of 2.9%
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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SM Price & Volume
SM Energy Company (SM) stock price & volume — 10-year historical chart
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SM Growth Metrics
SM Energy Company (SM) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years7.62%
5 Years22.87%
3 Years-1.95%
TTM28.53%
Profit CAGR
10 Years-
5 Years-
3 Years-16.47%
TTM-84.08%
EPS CAGR
10 Years-
5 Years-
3 Years-14.3%
TTM-83.87%
Return on Capital
10 Years5.35%
5 Years16.52%
3 Years14.81%
Last Year10.36%
SM Recent Earnings
SM Energy Company (SM) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 11/12 qtrs (92%)●Beat Revenue 5/12 qtrs (42%)
Q2 2026Latest
May 6, 2026Metric
Actual
Est
EPS
$1.55+37.2%
$1.13
Rev
$1.5B+4.3%
$1.4B
Q1 2026
Feb 25, 2026Metric
Actual
Est
EPS
$0.83+0.2%
$0.83
Rev
$705M-7.8%
$765M
Q4 2025
Nov 4, 2025Metric
Actual
Est
EPS
$1.33+6.4%
$1.25
Rev
$811M-2.7%
$834M
Q3 2025
Jul 31, 2025Metric
Actual
Est
EPS
$1.50+20.0%
$1.25
Rev
$785M-4.7%
$824M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 6, 2026 | $1.55vs $1.13+37.2% | $1.5Bvs $1.4B+4.3% |
| Q1 2026 | Feb 25, 2026 | $0.83vs $0.83+0.2% | $705Mvs $765M-7.8% |
| Q4 2025 | Nov 4, 2025 | $1.33vs $1.25+6.4% | $811Mvs $834M-2.7% |
| Q3 2025 | Jul 31, 2025 | $1.50vs $1.25+20.0% | $785Mvs $824M-4.7% |
Based on last 12 quarters of dataView full earnings history →
SM Peer Comparison
SM Energy Company (SM) competitors in U.S. shale oil focused producers — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 CIVI | 2.34B | 27.38 | 3.24 | 49.76% | 13.56% | 9.55% | 0.68 | |
 MTDR | 6.16B | 49.56 | 8.14 | 5.1% | 14.38% | 8.23% | 0.59 | |
 CRGY | 3.45B | 10.44 | 19.33 | 22.14% | -7.47% | -6.05% | 1.11 | |
 CHRD | 6.98B | 123.12 | 166.38 | -7.12% | -1.25% | -0.83% | 0.19 | |
 MGY | 4.9B | 26.41 | 15.09 | -0.31% | 24.4% | 16.03% | 0.21 | |
 DVN | 26.18B | 42.12 | 10.03 | 10.01% | 17.55% | 18.6% | 0.57 | |
 FANG | 51.62B | 183.50 | 32.02 | 36.31% | 2.65% | 0.93% | 0.34 | |
 PR | 15.26B | 18.43 | 14.40 | 1.29% | 17.61% | 5.77% | 0.32 |
Compare SM vs Peers
SM Energy Company (SM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
SM Income Statement
SM Energy Company (SM) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 1.26B | 1.64B | 1.59B | 1.13B | 2.6B | 3.35B | 2.36B | 2.67B | 3.15B | 3.79B |
Revenue Growth % | 6.78% | 30.13% | -3.32% | -28.98% | 130.68% | 28.79% | -29.35% | 13% | 18.07% | 28.53% |
Cost of Goods Sold | 1.06B | 1.15B | 1.32B | 1.18B | 1.28B | 1.22B | 1.25B | 1.45B | 2.15B | 2.08B |
COGS % of Revenue | 84.49% | 70.28% | 83.53% | 104.44% | 49.26% | 36.6% | 53.05% | 54.14% | 68.14% | - |
Gross Profit | 195.46M▲ 0% | 487.48M▲ 149.4% | 261.24M▼ 46.4% | -50.02M▼ 119.1% | 1.32B▲ 2735.4% | 2.12B▲ 60.9% | 1.11B▼ 47.7% | 1.23B▲ 10.4% | 1B▼ 18.0% | 1.71B▲ 0% |
Gross Margin % | 15.51% | 29.72% | 16.47% | -4.44% | 50.74% | 63.4% | 46.95% | 45.86% | 31.86% | 45.11% |
Gross Profit Growth % | 194% | 149.4% | -46.41% | -119.15% | 2735.38% | 60.93% | -47.68% | 10.37% | -17.96% | - |
Operating Expenses | 359.18M | -348.86M | 331.21M | 1.02B | 1.11B | 541.73M | 122.96M | 149.31M | 183M | 1.46B |
OpEx % of Revenue | 28.5% | -21.27% | 20.89% | 90.48% | 42.69% | 16.19% | 5.2% | 5.59% | 5.8% | - |
Selling, General & Admin | 117.28M | 116.5M | 132.8M | 99.16M | 111.94M | 114.56M | 121.06M | 138.34M | 161M | 295.66M |
SG&A % of Revenue | 9.31% | 7.1% | 8.37% | 8.8% | 4.31% | 3.42% | 5.12% | 5.18% | 5.1% | - |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
Other Operating Expenses | 241.9M | -465.37M | 198.41M | 919.77M | 997.04M | 427.18M | 1.9M | 10.97M | 22M | 0 |
Operating Income | -163.72M▲ 0% | 836.34M▲ 610.8% | -69.97M▼ 108.4% | -1.07B▼ 1427.8% | 209.12M▲ 119.6% | 1.58B▲ 655.3% | 986.91M▼ 37.5% | 1.08B▲ 9.0% | 822M▼ 23.6% | 247.71M▲ 0% |
Operating Margin % | -12.99% | 50.99% | -4.41% | -94.92% | 8.05% | 47.21% | 41.75% | 40.27% | 26.06% | 6.53% |
Operating Income Growth % | 84.51% | 610.83% | -108.37% | -1427.77% | 119.56% | 655.29% | -37.52% | 9% | -23.58% | - |
EBITDA | 393.31M | 1.5B | 753.83M | -283.96M | 983.51M | 2.18B | 1.68B | 1.89B | 2.03B | 1.62B |
EBITDA Margin % | 31.21% | 91.56% | 47.54% | -25.21% | 37.86% | 65.25% | 70.96% | 70.57% | 64.33% | 42.62% |
EBITDA Growth % | 247.7% | 281.79% | -49.8% | -137.67% | 446.35% | 121.99% | -23.17% | 12.38% | 7.64% | -22.51% |
D&A (Non-Cash Add-back) | 557.04M | 665.31M | 823.8M | 784.99M | 774.39M | 603.78M | 690.48M | 809.3M | 1.21B | 1.37B |
EBIT | -164.56M | 812.68M | -71.94M | -792.81M | 206.52M | 1.52B | 1.01B | 1.11B | 1B | 688.37M |
Net Interest Income | -179.26M | -160.91M | -159.1M | -163.89M | -158.64M | -114.57M | -71.78M | -108.76M | -170M | -498.48M |
Interest Income | 0 | 0 | 0 | 0 | 1.72M | 5.77M | 19.85M | 31.9M | 3M | 2.89M |
Interest Expense | 179.26M | 160.91M | 159.1M | 163.89M | 160.35M | 120.35M | 91.63M | 140.66M | 173M | 501.37M |
Other Income/Expense | -180.09M | -184.56M | -161.08M | 112.25M | -162.96M | -183.71M | -72.7M | -109.47M | 8M | -59.71M |
Pretax Income | -343.81M▲ 0% | 651.78M▲ 289.6% | -231.04M▼ 135.4% | -956.71M▼ 314.1% | 46.17M▲ 104.8% | 1.4B▲ 2923.3% | 914.2M▼ 34.5% | 966.22M▲ 5.7% | 830M▼ 14.1% | 188M▲ 0% |
Pretax Margin % | -27.28% | 39.74% | -14.57% | -84.95% | 1.78% | 41.72% | 38.67% | 36.17% | 26.32% | 4.96% |
Income Tax | -182.97M | 143.37M | -44.04M | -192.09M | 9.94M | 283.82M | 96.32M | 195.93M | 182M | 57.27M |
Effective Tax Rate % | 53.22% | 22% | 19.06% | 20.08% | 21.53% | 20.33% | 10.54% | 20.28% | 21.93% | 30.46% |
Net Income | -160.84M▲ 0% | 508.41M▲ 416.1% | -187M▼ 136.8% | -764.61M▼ 308.9% | 36.23M▲ 104.7% | 1.11B▲ 2969.2% | 817.88M▼ 26.4% | 770.29M▼ 5.8% | 648M▼ 15.9% | 130.73M▲ 0% |
Net Margin % | -12.76% | 31% | -11.79% | -67.89% | 1.39% | 33.23% | 34.6% | 28.84% | 20.55% | 3.45% |
Net Income Growth % | 78.77% | 416.09% | -136.78% | -308.88% | 104.74% | 2969.23% | -26.45% | -5.82% | -15.88% | -84.08% |
Net Income (Continuing) | -160.84M | 508.41M | -187M | -764.61M | 36.23M | 1.11B | 817.88M | 770.29M | 648M | 130.73M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
EPS (Diluted) | -1.44▲ 0% | 4.48▲ 411.1% | -1.66▼ 137.1% | -6.72▼ 304.8% | 0.29▲ 104.3% | 8.96▲ 2989.7% | 6.86▼ 23.4% | 6.67▼ 2.8% | 5.64▼ 15.4% | 1.14▲ 0% |
EPS Growth % | 85.45% | 411.11% | -137.05% | -304.82% | 104.32% | 2989.66% | -23.44% | -2.77% | -15.44% | -83.87% |
EPS (Basic) | -1.44 | 4.54 | -1.66 | -6.72 | 0.30 | 9.09 | 6.89 | 6.71 | 5.65 | - |
Diluted Shares Outstanding | 111.43M | 113.5M | 112.54M | 113.73M | 123.69M | 124.08M | 119.24M | 115.53M | 115M | 115M |
Basic Shares Outstanding | 111.43M | 111.91M | 112.54M | 113.73M | 119.04M | 122.35M | 118.68M | 114.76M | 115M | 115M |
Dividend Payout Ratio | - | 2.2% | - | - | 6.61% | 1.77% | 8.76% | 11.04% | 14.2% | - |
SM Balance Sheet
SM Energy Company (SM) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 549.12M | 429.26M | 252.63M | 203.67M | 613.19M | 737.2M | 916.44M | 434.7M | 811M | 1.67B |
Cash & Short-Term Investments | 313.94M | 77.97M | 10K | 10K | 332.72M | 445M | 616.16M | 0 | 368M | 449M |
Cash Only | 313.94M | 77.97M | 10K | 10K | 332.72M | 445M | 616.16M | 0 | 368M | 449M |
Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts Receivable | 160.15M | 167.54M | 184.73M | 162.46M | 247.2M | 233.3M | 231.16M | 360.98M | 331M | 915M |
Days Sales Outstanding | 46.38 | 37.28 | 42.52 | 52.65 | 34.73 | 25.45 | 35.69 | 49.32 | 38.31 | 47.58 |
Inventory | 64.27M | 175.13M | 55.18M | 31.2M | 0 | 0 | 0 | 0 | 0 | 0 |
Days Inventory Outstanding | 22.03 | 55.46 | 15.21 | 9.68 | - | - | - | - | - | - |
Other Current Assets | 64.36M | 184.6M | 62.05M | 0 | 24.09M | 58.91M | 69.11M | 73.72M | 112M | 307M |
Total Non-Current Assets | 5.63B | 5.92B | 6.04B | 4.77B | 4.62B | 4.98B | 5.46B | 8.14B | 240M | 372M |
Property, Plant & Equipment | 5.44B | 5.83B | 5.95B | 4.7B | 4.58B | 4.88B | 5.38B | 7.99B | 65M | 133M |
Fixed Asset Turnover | 0.23x | 0.28x | 0.27x | 0.24x | 0.57x | 0.69x | 0.44x | 0.33x | 48.52x | 1.78x |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long-Term Investments | 40.36M | 58.5M | 20.62M | 23.15M | 239K | 24.46M | 8.67M | 3.97M | 0 | 4.87M |
Other Non-Current Assets | 104.58M | -125.56M | -103.44M | 70.9M | 35.02M | -184.75M | 78.45M | 145.27M | 175M | 239M |
Total Assets | 6.18B▲ 0% | 6.35B▲ 2.9% | 6.29B▼ 1.0% | 4.98B▼ 20.9% | 5.23B▲ 5.2% | 5.72B▲ 9.2% | 6.38B▲ 11.6% | 8.58B▲ 34.4% | 9.25B▲ 7.9% | 19.14B▲ 0% |
Asset Turnover | 0.20x | 0.26x | 0.25x | 0.23x | 0.50x | 0.59x | 0.37x | 0.31x | 0.34x | 0.33x |
Asset Growth % | -3.39% | 2.85% | -0.95% | -20.91% | 5.18% | 9.21% | 11.62% | 34.43% | 7.89% | 174.06% |
Total Current Liabilities | 559.21M | 466.05M | 472.04M | 583.74M | 889.33M | 598.58M | 633.81M | 789.95M | 1.17B | 4.28B |
Accounts Payable | 77.57M | 56.05M | 52.09M | 63.01M | 25.07M | 43.9M | 107.31M | 82.5M | 0 | 0 |
Days Payables Outstanding | 26.59 | 17.75 | 14.36 | 19.55 | 7.15 | 13.08 | 31.24 | 20.82 | - | 34.8 |
Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22.42M | 0 | 0 |
Deferred Revenue (Current) | 0 | 0 | -19.19M | -11.88M | 9.77M | 280.81M | 0 | 0 | 0 | 0 |
Other Current Liabilities | 197.06M | 84.47M | 83.74M | 246.06M | 394.98M | 227.96M | 269.59M | 333.2M | 1.17B | 4.28B |
Current Ratio | 0.98x | 0.92x | 0.54x | 0.35x | 0.69x | 1.23x | 1.45x | 0.55x | 0.69x | 0.39x |
Quick Ratio | 0.87x | 0.55x | 0.42x | 0.30x | 0.69x | 1.23x | 1.45x | 0.55x | 0.69x | 0.39x |
Cash Conversion Cycle | 41.82 | 74.99 | 43.37 | 42.78 | - | - | - | - | - | 12.78 |
Total Non-Current Liabilities | 3.22B | 2.97B | 3.07B | 2.38B | 2.28B | 2.03B | 2.13B | 3.55B | 3.27B | 8B |
Long-Term Debt | 2.91B | 2.6B | 2.73B | 2.21B | 2.08B | 1.57B | 1.58B | 2.78B | 2.3B | 6.74B |
Capital Lease Obligations | 0 | 0 | 23.14M | 11.9M | 19.44M | 23.62M | 24.35M | 42.9M | 0 | 0 |
Deferred Tax Liabilities | 79.99M | 223.28M | 189.39M | 93.87M | 9.77M | 280.81M | 369.9M | 545.29M | 724M | 2.32B |
Other Non-Current Liabilities | 314.19M | 370.15M | 125.87M | 150.31M | 171.15M | 155.35M | 160.73M | 184.5M | 254M | 940M |
Total Liabilities | 3.78B | 3.43B | 3.54B | 2.96B | 3.17B | 2.63B | 2.76B | 4.34B | 4.44B | 12.28B |
Total Debt | 2.91B | 2.6B | 2.73B | 2.21B | 2.11B | 1.61B | 1.62B | 2.84B | 2.3B | 6.74B |
Net Debt | 2.59B | 2.52B | 2.73B | 2.21B | 1.77B | 1.16B | 998.95M | 2.84B | 1.93B | 6.29B |
Debt / Equity | 1.21x | 0.89x | 0.99x | 1.10x | 1.02x | 0.52x | 0.45x | 0.67x | 0.48x | 0.98x |
Debt / EBITDA | 7.40x | 1.73x | 3.63x | - | 2.14x | 0.74x | 0.96x | 1.51x | 1.13x | 4.17x |
Net Debt / EBITDA | 6.60x | 1.68x | 3.63x | - | 1.80x | 0.53x | 0.60x | 1.51x | 0.95x | 3.89x |
Interest Coverage | -0.92x | 5.05x | -0.45x | -4.84x | 1.29x | 12.60x | 10.98x | 7.87x | 5.80x | 1.37x |
Total Equity | 2.39B▲ 0% | 2.92B▲ 22.0% | 2.75B▼ 5.9% | 2.02B▼ 26.7% | 2.06B▲ 2.3% | 3.09B▲ 49.6% | 3.62B▲ 17.2% | 4.24B▲ 17.2% | 4.81B▲ 13.5% | 6.87B▲ 0% |
Equity Growth % | -4.11% | 21.95% | -5.87% | -26.66% | 2.33% | 49.55% | 17.19% | 17.19% | 13.52% | 104.93% |
Book Value per Share | 21.49 | 25.73 | 24.43 | 17.73 | 16.68 | 24.87 | 30.32 | 36.68 | 41.83 | 59.72 |
Total Shareholders' Equity | 2.39B | 2.92B | 2.75B | 2.02B | 2.06B | 3.09B | 3.62B | 4.24B | 4.81B | 6.87B |
Common Stock | 1.12M | 1.12M | 1.13M | 1.15M | 1.22M | 1.22M | 1.16M | 1.15M | 1M | 2M |
Retained Earnings | 665.66M | 1.17B | 967.59M | 200.7M | 234.53M | 1.31B | 2.05B | 2.74B | 3.29B | 2.9B |
Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accumulated OCI | -13.79M | -12.38M | -11.32M | -13.6M | -12.85M | -4.02M | -2.61M | -1.16M | 1M | 1M |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
SM Cash Flow Statement
SM Energy Company (SM) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 515.39M | 720.63M | 823.57M | 790.94M | 1.16B | 1.69B | 1.57B | 1.78B | 2.01B | 2.17B |
Operating CF Margin % | 40.89% | 43.94% | 51.94% | 70.23% | 44.64% | 50.4% | 66.6% | 66.73% | 63.76% | - |
Operating CF Growth % | -6.77% | 39.82% | 14.28% | -3.96% | 46.63% | 45.41% | -6.64% | 13.22% | 12.82% | 42.26% |
Net Income | -160.84M | 508.41M | -187M | -764.61M | 36.23M | 1.11B | 817.88M | 770.29M | 648M | 130.73M |
Depreciation & Amortization | 557.04M | 665.31M | 954.32M | 1.36B | 1.71B | 603.78K | 690.48M | 809.3M | 1.21B | 1.37B |
Stock-Based Compensation | 22.7M | 23.91M | 24.32M | 15M | 18.82M | 18.77M | 20.25M | 25.02M | 29M | 21.91M |
Deferred Taxes | -192.07M | 141.71M | -41.84M | -192.54M | 9.56M | 269.06M | 88.26M | 174.99M | 178M | 66.74M |
Other Non-Cash Items | 218.95M | -632.38M | 56.92M | 362.26M | -735.44M | 358.08M | -37.92M | -8.3M | -65M | 564.97M |
Working Capital Changes | 69.61M | 13.67M | 16.85M | 11.59M | 117.41M | -72.06M | -4.55M | 11.21M | 14M | 14.56M |
Change in Receivables | 14M | -30.15M | -39.56M | 29.1M | -101.05M | 38.55M | -10.19M | -85.53M | 30M | 0 |
Change in Inventory | 20.73M | -23.82M | -50.28M | 23.38M | 0 | 0 | 0 | 0 | 0 | 0 |
Change in Payables | 44.98M | 23.82M | 50.28M | -23.38M | 218.24M | -109.56K | 8.08M | 109.27M | -17M | 0 |
Cash from Investing | -201.53M | -587.93M | -1.01B | -555.57M | -667.24M | -880.26M | -1.1B | -3.41B | -1.47B | -1.67B |
Capital Expenditures | -978.25M | -1.34B | -1.03B | -555.66M | -678.16M | -879.93M | -1.1B | -1.31B | -1.44B | -1.58B |
CapEx % of Revenue | 77.61% | 81.48% | 64.72% | 49.34% | 26.1% | 26.3% | 46.51% | 49.06% | 45.59% | 41.63% |
Acquisitions | 776.72M | 748.51M | 13.06M | 92K | 10.93M | 0 | 0 | 0 | 0 | -49M |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | 776.72M | 748.51M | 13.06M | 0 | 0 | -329K | 657K | -2.1B | -30M | -39.11M |
Cash from Financing | -12.29M | -368.67M | 111.77M | -235.38M | -159.83M | -693.86M | -304.54M | 1.01B | -175M | -51.83M |
Debt Issued (Net) | -2.36M | -352.92M | 122.5M | -219.5M | -151M | -584.95M | 0 | 1.2B | -68M | 140M |
Equity Issued (Net) | 2.62M | 3.19M | 3.21M | 1.46M | 2.64M | -54.17M | -225.05M | -82.86M | -10M | -10M |
Dividends Paid | -11.14M | -11.19M | -11.25M | -2.28M | -2.39M | -19.64M | -71.61M | -85.02M | -92M | -151.11M |
Share Repurchases | 0 | 0 | 0 | 0 | 0 | -57.21M | -228.1M | -86.06M | -13M | -13M |
Other Financing | -1.41M | -7.75M | -2.69M | -15.07M | -9.07M | -35.11M | -7.88M | -19.81M | -5M | -30.72M |
Net Change in Cash | 301.57M▲ 0% | -235.98M▼ 178.2% | -77.95M▲ 67.0% | 0▲ 100.0% | 332.71M▲ 0% | 112.28M▼ 66.3% | 171.17M▲ 52.4% | -616.16M▼ 460.0% | 368M▲ 159.7% | 448.95M▲ 0% |
Free Cash Flow | -462.86M▲ 0% | -615.81M▼ 33.0% | -202.78M▲ 67.1% | 235.29M▲ 216.0% | 481.61M▲ 104.7% | 806.47M▲ 67.5% | 475.05M▼ 41.1% | -1.63B▼ 443.5% | 573M▲ 135.1% | -225.6M▲ 0% |
FCF Margin % | -36.72% | -37.55% | -12.79% | 20.89% | 18.54% | 24.1% | 20.1% | -61.09% | 18.17% | -5.95% |
FCF Growth % | 79.53% | -33.05% | 67.07% | 216.03% | 104.69% | 67.45% | -41.09% | -443.5% | 135.11% | 85.02% |
FCF per Share | -4.15 | -5.43 | -1.80 | 2.07 | 3.89 | 6.50 | 3.98 | -14.12 | 4.98 | -1.96 |
FCF Conversion (FCF/Net Income) | -3.20x | 1.42x | -4.40x | -1.03x | 32.01x | 1.52x | 1.92x | 2.31x | 3.10x | -1.73x |
Interest Paid | 164.1M | 150.73M | 0 | 0 | 136.61M | 134.24M | 86.95M | 88.39M | 0 | 244.24M |
Taxes Paid | 5.99M | 3M | 0 | 0 | 864K | 10.58M | 8.97M | 26.9M | 0 | 1.05M |
SM Key Ratios
SM Energy Company (SM) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | -6.58% | 19.13% | -6.6% | -32.09% | 1.78% | 43.19% | 24.41% | 19.62% | 14.32% | 2.49% |
Return on Invested Capital (ROIC) | -2.37% | 12.03% | -0.96% | -16.51% | 3.89% | 29.31% | 16.71% | 13.8% | 8.92% | 2.19% |
Gross Margin | 15.51% | 29.72% | 16.47% | -4.44% | 50.74% | 63.4% | 46.95% | 45.86% | 31.86% | 45.11% |
Net Margin | -12.76% | 31% | -11.79% | -67.89% | 1.39% | 33.23% | 34.6% | 28.84% | 20.55% | 3.45% |
Debt / Equity | 1.21x | 0.89x | 0.99x | 1.10x | 1.02x | 0.52x | 0.45x | 0.67x | 0.48x | 0.98x |
Interest Coverage | -0.92x | 5.05x | -0.45x | -4.84x | 1.29x | 12.60x | 10.98x | 7.87x | 5.80x | 1.37x |
FCF Conversion | -3.20x | 1.42x | -4.40x | -1.03x | 32.01x | 1.52x | 1.92x | 2.31x | 3.10x | -1.73x |
Revenue Growth | 6.78% | 30.13% | -3.32% | -28.98% | 130.68% | 28.79% | -29.35% | 13% | 18.07% | 28.53% |
Related:SM Dividend History·SM Revenue History·SM Price History·SM P/E History·SM Financial Ratios·SM Institutional Holders
SM SEC Filings & Documents
SM Energy Company (SM) SEC filings — annual & quarterly reports (10-K, 10-Q)
SM Frequently Asked Questions
SM Energy Company (SM) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
SM Energy Company (SM) reported $3.79B in revenue for fiscal year 2025. This represents a 6265% increase from $59.6M in 1996.
SM Energy Company (SM) grew revenue by 18.1% over the past year. This is strong growth.
Yes, SM Energy Company (SM) is profitable, generating $130.7M in net income for fiscal year 2025 (20.5% net margin).
Dividend & Returns
Yes, SM Energy Company (SM) pays a dividend with a yield of 2.95%. This makes it attractive for income-focused investors.
SM Energy Company (SM) has a return on equity (ROE) of 14.3%. This is reasonable for most industries.
SM Energy Company (SM) had negative free cash flow of $225.6M in fiscal year 2025, likely due to heavy capital investments.