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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 Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
-6487708181,11236.23
Depreciation & Amortization
1,3691,207809690603.78774.39
Stock-Based Compensation
4729252018.7718.82
Other Adjustments
607.181131665023.97212.93
Change in Receivables
-30-86-1038.55-101.05
Changes in Accounts Payable
--171098-109.56218.24
Changes in Other Operating Activities
-1-13-2-1.060.22
Operating Cash Flow
2,0232,0111,7831,5741,6861,160
Operating Cash Flow Growth
85.45%12.79%13.28%-6.67%45.41%46.63%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-1,579-1,438-1,311-989-879.93-674.84
Cash Acquisitions
-49-34-2,104-110-0.01-3.32
Other Investing Activities
-5471-0.3210.93
Investing Cash Flow
-1,633-1,468-3,407-1,099-880.26-667.24

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Short-Term Debt Issued
7281,5701,019--1,833
Short-Term Debt Repaid
-765-1,638-950---1,926
Net Short-Term Debt Issued (Repaid)
-37-6869---93
Long-Term Debt Issued
--1,477--392.77
Long-Term Debt Repaid
---349--584.95-450.78
Net Long-Term Debt Issued (Repaid)
--1,128--584.95-58.01
Issuance of Common Stock
-3333.042.64
Repurchase of Common Stock
--13-85-228-82.34-9.07
Net Common Stock Issued (Repurchased)
--10-82-225-79.3-6.43
Common Dividends Paid
-151-92-86-72-19.64-2.39
Other Financing Activities
-31-5-20-8-9.98-
Financing Cash Flow
-219-1751,008-305-693.86-159.83

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Cash Flow
171.18368-616170112.28332.71

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
444.18573472585806.47484.93
Free Cash Flow Growth
-21.40%-19.32%-27.46%66.31%99.43%
FCF Margin
11.72%18.17%17.55%24.64%24.01%18.49%
Free Cash Flow Per Share
3.274.984.074.926.503.92
Levered Free Cash Flow
-116.273331,561525140.24203.23
Unlevered Free Cash Flow
86.03533.72451.68590.33871.54482.11
SEC Filings: 10-K · 10-Q