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SM Energy Company (SM)
NYSE: SM · Real-Time Price · USD
35.68
-0.78 (-2.14%)
At close: Aug 25, 2026, 4:00 PM EDT
35.62
-0.06 (-0.17%)
After-hours: Aug 25, 2026, 7:58 PM EDT

SM Energy Company Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
1,0006487708181,11236.23
Depreciation & Amortization
1,6681,207809690603.78809.39
Other Amortization
10107510.2817.28
Loss (Gain) From Sale of Assets
-262-----
Stock-Based Compensation
5229252018.7718.82
Other Operating Activities
4051031624513.68160.65
Change in Accounts Receivable
3030-86-1038.55-101.05
Change in Accounts Payable
-17-171098-109.56218.24
Change in Other Net Operating Assets
-1861-13-2-1.060.22
Operating Cash Flow
2,7002,0111,7831,5741,6861,160
Operating Cash Flow Growth
29.52%12.79%13.28%-6.67%45.41%46.63%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-1,957-1,472-3,415-1,099-879.94-678.16
Sale of Property, Plant & Equipment
897-----
Other Investing Activities
-548--0.3210.93
Investing Cash Flow
-1,114-1,468-3,407-1,099-880.26-667.24

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Long-Term Debt Issued
-1,5702,496--2,225
Long-Term Debt Repaid
--1,638-1,299--584.95-2,376
Net Debt Issued (Repaid)
-759-681,197--584.95-151.01
Issuance of Common Stock
33333.042.64
Repurchase of Common Stock
-99-13-86-228-57.21-
Common Dividends Paid
-181-92-85-72-19.64-2.39
Other Financing Activities
-32-5-21-8-35.11-9.07
Financing Cash Flow
-1,068-1751,008-305-693.86-159.83

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Miscellaneous Cash Flow Adjustments
---1--
Net Cash Flow
518368-616171112.28332.71

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
743539-1,632475806.47481.61
Free Cash Flow Growth
----41.10%67.45%98.06%
Free Cash Flow Margin
14.97%17.81%-63.40%20.93%25.23%19.25%
Free Cash Flow Per Share
4.444.69-14.073.996.503.89
Levered Free Cash Flow
1,472206.88-1,975197.22358.78431.72
Unlevered Free Cash Flow
1,656305-1,894249.72423.71514.66

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
2661668887134.24136.61
Cash Income Tax Paid
31427910.580.86
Change in Working Capital
-1731410-4-72.06117.41
SEC Filings: 10-K · 10-Q