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SM Energy Company (SM)
NYSE: SM · Real-Time Price · USD
29.92
+0.29 (0.98%)
At close: Nov 6, 2026, 4:00 PM EST
30.10
+0.18 (0.60%)
After-hours: Nov 6, 2026, 7:58 PM EST

SM Energy Company Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Revenue
2,0342,1071,398678.22779763808817.64614.29634.56507.47581.03640.9523.35523.51639.42835.45951.8769.38814.26
Revenue Growth
161.10%176.15%73.02%-17.05%26.81%20.24%59.22%40.72%-4.15%21.25%-3.06%-9.13%-23.29%-45.01%-31.96%-21.47%9.89%80.22%92.76%164.89%
Gross Profit
1,6131,6961,067933.93593579630955.85507.07497.93446.1476.68502.64414.97453.46533.35675.49838.41732.19714.88
Operating Income
2441,271-66182.32247295277287.27330.95279.38178.4309.91195.6209.35272.05342.66622.28512.81101.74474.41
Net Income
931,071-335108.98155202182187.99240.52210.29131.2247.11222.34149.87198.55258.46481.24323.4948.76424.9
Earnings Per Share
0.394.46-1.680.951.351.761.581.642.091.821.122.121.881.241.632.093.872.600.403.43
EPS Growth
-71.06%153.91%--42.32%-35.51%-3.49%41.02%-22.52%11.17%46.24%-31.00%1.29%-51.42%-52.09%308.02%-38.89%460.87%---

Revenue by Segment
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Oil Production
1,8162,0261,262581669.11653.38658.47682.21531.83532.55440.89470.31499.23423.39420.84469.81525.93667.02607.3591.29
Gas Production
209151247184.1677.99120.0985.4950.5645.1967.8482.6281.8169.7393.73144.95234.55241.33170.05198.53
NGL Production
135115915157.7453.761.0668.166055.7150.8653.9358.6653.4456.2154.4967.0782.0381.3762.56
Net Gain on Divestiture Activity
-22620-----------------
Other Operating Income
12822-17.875-------------
Total Other Operating Income
10344230.587.874.9216.361.231.10.271.871.24.22.732.077.891.731.062.59
Revenue (Total)
2,1602,1561,477702811785840835.57642.38633.45559.6606.97639.7546.56570.78669.25827.56990.38858.72852.37

Cash & Debt
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Cash & Investments
442620449368162.25101.880.0501,735487.87506.25616.16401.98378.24477.87445498.44267.09419.89332.72
Total Debt
7,0817,4338,5582,8532,7452,7362,7722,8422,7251,5941,5921,6151,5901,5851,5831,6061,5791,5761,9862,107
Net Cash (Debt)
-6,639-6,813-8,109-2,485-2,583-2,634-2,772-2,842-989.25-1,106-1,085-998.95-1,188-1,207-1,105-1,161-1,080-1,309-1,567-1,774
Net Cash Growth
--------------------
Net Cash Per Share
-27.78-28.39-40.75-21.61-22.46-22.91-24.10-24.70-8.60-9.56-9.32-8.57-10.04-10.05-9.04-9.41-8.69-10.53-12.61-14.31

Cash Flow & CapEx
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Operating Cash Flow
1,1221,103640451.91505571483578.36452.26476.38276476.52382.99383.25331.63288.38513.37542.57342.09429.63
Capital Expenditures
-711-754-555-228.76-398-410-414-2,457-302.94-322.68-332.37-223.27-237.19-398.17-240.71-288.09-226.11-215.62-150.13-124.58
Free Cash Flow
41134985223.1510716169-1,879149.32153.7-56.37253.25145.8-14.9290.920.29287.26326.95191.97305.05
Free Cash Flow Growth
284.11%116.77%23.19%--28.34%4.75%--2.41%--88139.37%-49.24%--52.64%-99.91%94.06%343.11%-138.22%

Margins
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Gross Margin
79.30%80.49%76.32%137.70%76.12%75.89%77.97%116.90%82.55%78.47%87.91%82.04%78.43%79.29%86.62%83.41%80.85%88.09%95.17%87.79%
Operating Margin
12.00%60.32%-4.72%26.88%31.71%38.66%34.28%35.13%53.87%44.03%35.15%53.34%30.52%40.00%51.97%53.59%74.48%53.88%13.22%58.26%
Pretax Margin
6.05%65.92%-29.33%20.82%26.19%33.16%28.71%29.50%48.45%41.59%32.17%50.22%27.52%36.68%48.53%50.57%71.89%43.10%8.01%53.41%
Profit Margin
4.57%50.83%-23.96%16.07%19.90%26.47%22.53%22.99%39.16%33.14%25.85%42.53%34.69%28.64%37.93%40.42%57.60%33.99%6.34%52.18%
FCF Margin
20.21%16.56%6.08%32.90%13.74%21.10%8.54%-229.77%24.31%24.22%-11.11%43.59%22.75%-2.85%17.37%0.04%34.38%34.35%24.95%37.46%

Dividends
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22
Dividend Per Share
0.2200.2200.2200.2000.2000.2000.2000.2000.2000.1800.1800.1800.1500.1500.1500.1500.1500.010
Dividend Per Share Growth
10.00%10.00%10.00%0%0%11.11%11.11%11.11%33.33%20.00%20.00%20.00%0%1400.00%----
Dividend Yield
2.52%3.19%2.65%4.28%3.19%3.24%2.60%1.96%1.85%1.58%1.32%1.62%1.48%1.90%1.62%0.88%0.43%0.06%

Valuation
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
PE Ratio
8.576.26-3.313.953.484.185.765.526.137.695.515.673.432.723.853.614.7214.1298.85
Forward PE
4.523.246.055.995.944.614.725.134.726.178.665.946.365.494.564.333.833.555.636.82
P/FCF Ratio
7.528.1912.903.82----9.1510.02-9.4821.19-4.875.304.154.296.607.39
PS Ratio
1.291.262.050.710.910.941.191.721.962.102.561.992.021.481.161.341.371.261.651.43