SM Energy Company (SM)

SM Energy Company Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2,972	2,555	2,259	3,183	2,477	1,080
Other Revenue	30.39	18.97	10	12.74	24.98	0.49
Revenue	3,003	2,574	2,269	3,196	2,502	1,081
Revenue Growth (YoY)	27.02%	13.46%	-29.01%	27.75%	131.53%	-29.15%
Cost of Revenue	650.06	486.07	421.04	416.61	364.92	326.22
Gross Profit	2,353	2,088	1,848	2,779	2,137	754.36
Selling, General & Admin	158.49	138.34	121.06	114.56	111.95	99.16
Other Operating Expenses	-76.96	0.72	-10.19	426.67	967.13	-117.85
Operating Expenses	1,163	1,012	860.84	1,200	1,928	1,823
Operating Income	1,189	1,076	986.91	1,579	209.12	-1,069
Interest Expense	-183.91	-140.66	-91.63	-120.35	-160.35	-163.89
Interest & Investment Income	19.1	31.9	19.85	5.77	1.72	-
Other Non Operating Income (Expenses)	-0.24	-0.23	-0.93	-1.53	-2.18	-3.94
EBT Excluding Unusual Items	1,024	966.71	914.2	1,463	48.31	-1,237
Other Unusual Items	-0.48	-0.48	-	-67.61	-2.14	280.08
Pretax Income	1,024	966.22	914.2	1,396	46.17	-956.71
Income Tax Expense	210.84	195.93	96.32	283.82	9.94	-192.09
Net Income	812.74	770.29	817.88	1,112	36.23	-764.61
Net Income to Common	812.74	770.29	817.88	1,112	36.23	-764.61
Net Income Growth	0.22%	-5.82%	-26.45%	2969.23%	-	-
Shares Outstanding (Basic)	114	115	119	122	119	114
Shares Outstanding (Diluted)	115	116	119	124	124	114
Shares Change (YoY)	-1.56%	-3.11%	-3.90%	0.32%	8.76%	1.05%
EPS (Basic)	7.10	6.71	6.89	9.09	0.30	-6.72
EPS (Diluted)	7.07	6.67	6.86	8.96	0.29	-6.72
EPS Growth	1.84%	-2.77%	-23.44%	2989.66%	-	-
Free Cash Flow	-1,514	-1,632	475.05	806.47	481.61	243.16
Free Cash Flow Per Share	-13.17	-14.12	3.98	6.50	3.89	2.14
Dividend Per Share	0.800	0.760	0.630	0.310	0.020	0.020
Dividend Growth	15.94%	20.64%	103.23%	1450.00%	-	-80.00%
Gross Margin	78.35%	81.12%	81.44%	86.97%	85.41%	69.81%
Operating Margin	39.60%	41.79%	43.50%	49.42%	8.36%	-98.92%
Profit Margin	27.07%	29.92%	36.05%	34.79%	1.45%	-70.76%
Free Cash Flow Margin	-50.42%	-63.39%	20.94%	25.23%	19.25%	22.50%
EBITDA	2,215	1,885	1,677	2,183	1,019	732.05
EBITDA Margin	73.78%	73.22%	73.93%	68.31%	40.71%	67.75%
D&A For EBITDA	1,026	809.31	690.48	603.78	809.39	1,801
EBIT	1,189	1,076	986.91	1,579	209.12	-1,069
EBIT Margin	39.60%	41.79%	43.50%	49.42%	8.36%	-98.92%
Effective Tax Rate	20.60%	20.28%	10.54%	20.33%	21.53%	-
Revenue as Reported	3,133	2,690	2,374	3,359	2,623	1,127

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q