SM Energy Company (SM)
NYSE: SM · Real-Time Price · USD
32.73
-0.04 (-0.12%)
Nov 13, 2026, 4:00 PM EST - Market closed

SM Energy Company Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
6,2173,0272,5742,2693,1962,502
Revenue Growth
96.33%17.60%13.44%-29.01%27.75%131.53%
Gross Profit
5,3102,7352,4071,8102,7792,137
Operating Income
1,6741,0001,0769871,579209.12
Net Income
9386487708181,11236.23
Earnings Per Share
4.725.636.676.868.960.29
EPS Growth
-25.22%-15.52%-2.77%-23.44%2989.66%-

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Oil Production
5,6852,5612,1871,8142,2701,892
Gas Production
419353249.07327.88790.88525.48
NGL Production
392224234.73222.23284.96180.61
Total Other Operating Income
3591618.971012.7424.98
Revenue (Total)
6,4953,1382,6712,3643,3462,598

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
4423680616.16445332.72
Total Debt
7,0812,8532,8421,6151,6062,107
Net Cash (Debt)
-6,639-2,485-2,842-998.95-1,161-1,774
Net Cash Growth
------
Net Cash Per Share
-33.49-21.61-24.50-8.39-9.36-14.35

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
3,3172,0111,7831,5741,6861,160
Capital Expenditures
-2,270-1,472-3,415-1,099-879.94-678.16
Free Cash Flow
1,047539-1,632475806.47481.61
Free Cash Flow Growth
----41.10%67.45%98.06%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
85.41%90.35%93.51%79.77%86.97%85.41%
Operating Margin
26.93%33.04%41.80%43.50%49.42%8.36%
Pretax Margin
19.99%27.42%37.53%40.28%43.67%1.85%
Profit Margin
15.09%21.41%29.92%36.05%34.79%1.45%
FCF Margin
16.84%17.81%-63.40%20.93%25.23%19.25%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.8800.8000.7600.6300.3100.020
Dividend Per Share Growth
7.50%5.26%20.64%103.23%1450.00%0%
Dividend Yield
2.69%4.28%1.96%1.62%0.88%0.07%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
6.933.315.765.513.8598.85
Forward PE
3.815.995.135.944.336.82
P/FCF Ratio
7.353.97-9.485.307.44
PS Ratio
1.240.711.721.991.341.43