SM Energy Company (SM)

SM Energy Company Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	2,374	3,359	2,623	1,127	1,590
Revenue Growth (YoY)	-29.32%	28.05%	132.80%	-29.14%	-23.07%
Cost of Revenue	563.54	620.91	505.42	391.22	500.71
Gross Profit	1,810	2,738	2,117	735.46	1,089
Selling, General & Admin	121.06	114.56	111.95	99.16	132.8
Research & Development	59.48	54.94	39.3	41	51.5
Other Operating Expenses	711.05	614.74	855.46	1,826	877.53
Operating Expenses	891.59	784.24	1,007	1,966	1,062
Operating Income	918.75	1,953	1,111	-1,230.53	27.57
Interest Expense / Income	91.63	120.35	160.35	163.89	159.1
Other Expense / Income	-87.08	437.38	904.26	-437.71	99.51
Pretax Income	914.2	1,396	46.17	-956.71	-231.04
Income Tax	96.32	283.82	9.94	-192.09	-44.04
Net Income	817.88	1,112	36.23	-764.61	-187
Net Income Growth	-26.45%	2969.23%	-	-	-
Shares Outstanding (Basic)	119	122	119	114	113
Shares Outstanding (Diluted)	119	124	124	114	113
Shares Change	-3.90%	0.32%	8.76%	1.05%	-0.84%
EPS (Basic)	6.89	9.09	0.30	-6.72	-1.66
EPS (Diluted)	6.86	8.96	0.29	-6.72	-1.66
EPS Growth	-23.44%	2989.66%	-	-	-
Free Cash Flow	475.05	806.47	481.61	243.16	-189.72
Free Cash Flow Per Share	4.00	6.59	4.05	2.14	-1.69
Dividend Per Share	0.600	0.160	0.020	0.020	0.100
Dividend Growth	275.00%	700.00%	0%	-80.00%	0%
Gross Margin	76.26%	81.51%	80.73%	65.28%	68.51%
Operating Margin	38.70%	58.16%	42.35%	-109.22%	1.73%
Profit Margin	34.45%	33.11%	1.38%	-67.86%	-11.76%
Free Cash Flow Margin	20.01%	24.01%	18.36%	21.58%	-11.93%
Effective Tax Rate	10.54%	20.33%	21.53%	-	-
EBITDA	1,696	2,120	980.91	-7.83	751.86
EBITDA Margin	71.46%	63.12%	37.40%	-0.69%	47.28%
Depreciation & Amortization	690.48	603.78	774.39	784.99	823.8
EBIT	1,006	1,516	206.52	-792.81	-71.94
EBIT Margin	42.37%	45.14%	7.87%	-70.37%	-4.52%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).