SM Energy Company (SM)
NYSE: SM · Real-Time Price · USD
31.05
-0.88 (-2.76%)
At close: Aug 4, 2026, 4:00 PM EDT
31.30
+0.25 (0.81%)
After-hours: Aug 4, 2026, 7:59 PM EDT

SM Energy Company Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
3,7883,1542,6902,3743,3592,623
Revenue Growth
27.34%17.25%13.31%-29.32%28.05%132.80%
Gross Profit
2,7012,2692,0531,8102,7382,117
Operating Income
425.711,0001,0769871,579209.12
Net Income
130.736487708181,11236.23
Earnings Per Share
2.385.646.676.868.960.29
EPS Growth
-66.67%-15.44%-2.77%-23.44%2989.66%-

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Oil Production
3,1652,5612,1871,8142,2701,892
Gas Production
357.16353249.07327.88790.88525.48
NGL Production
253.44224234.73222.23284.96180.61
Total Other Operating Income
13.451618.971012.7424.98
Revenue (Total)
3,7883,1542,6902,3743,3592,623

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
449368361616.16445332.72
Total Debt
7,9762,7152,7771,5751,5722,081
Net Cash (Debt)
-7,527-2,347-2,416-959.17-1,127-1,748
Net Cash Growth
------
Net Cash Per Share
-55.34-20.41-20.83-8.06-9.08-14.14

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
2,0232,0111,7831,5741,6861,160
Capital Expenditures
-1,579-1,438-1,311-989-879.93-674.84
Free Cash Flow
444.18573472585806.47484.93
Free Cash Flow Growth
-21.40%-19.32%-27.46%66.31%99.43%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
71.28%71.94%76.32%76.24%81.51%80.73%
Operating Margin
11.24%31.71%40.00%41.58%47.03%7.97%
Pretax Margin
4.96%26.32%35.91%38.50%41.56%1.76%
Profit Margin
3.45%20.55%28.62%34.46%33.11%1.38%
FCF Margin
11.72%18.17%17.55%24.64%24.01%18.49%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '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
5.00%5.26%20.64%103.23%1450.00%0%
Dividend Yield
2.83%4.28%1.93%1.56%0.46%0.07%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
32.243.325.815.643.89101.66
Forward PE
4.445.995.135.944.336.82
P/FCF Ratio
13.413.749.407.665.277.53
PS Ratio
2.060.681.651.891.261.39