SM Energy Company Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	130.75	648	770	818	1,112	36.23
Depreciation & Amortization	1,369	1,207	809	690	603.78	774.39
Stock-Based Compensation	47	29	25	20	18.77	18.82
Other Adjustments	607.18	113	166	50	23.97	212.93
Change in Receivables	25	30	-86	-10	38.55	-101.05
Changes in Accounts Payable	-2	-17	109	8	-109.56	218.24
Changes in Other Operating Activities	-8.87	1	-13	-2	-1.06	0.22
Operating Cash Flow	2,168	2,011	1,783	1,574	1,686	1,160
Operating Cash Flow Growth	8.97%	12.79%	13.28%	-6.67%	45.41%	46.63%
Capital Expenditures	-1,579	-1,438	-1,311	-989	-879.93	-674.84
Payments for Business Acquisitions	-68.11	-34	-2,104	-110	-0.01	-3.32
Other Investing Activities	-5	4	7	1	-0.32	10.93
Investing Cash Flow	-1,667	-1,468	-3,407	-1,099	-880.26	-667.24
Short-Term Debt Issued	728	1,570	1,019	-	-	1,833
Short-Term Debt Repaid	-765	-1,638	-950	-	-	-1,926
Net Short-Term Debt Issued (Repaid)	-37	-68	69	-	-	-93
Long-Term Debt Issued	985	-	1,477	-	-	392.77
Long-Term Debt Repaid	-808	-	-349	-	-584.95	-450.78
Net Long-Term Debt Issued (Repaid)	177	-	1,128	-	-584.95	-58.01
Issuance of Common Stock	3	3	3	3	3.04	2.64
Repurchase of Common Stock	-13	-13	-85	-228	-82.34	-9.07
Net Common Stock Issued (Repurchased)	-10	-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	-51.89	-175	1,008	-305	-693.86	-159.83
Net Cash Flow	449.2	368	-616	170	112.28	332.71
Free Cash Flow	589.1	573	472	585	806.47	484.93
Free Cash Flow Growth	2.81%	21.40%	-19.32%	-27.46%	66.31%	99.43%
FCF Margin	15.55%	18.17%	17.55%	24.64%	24.01%	18.49%
Free Cash Flow Per Share	4.33	4.98	4.07	4.92	6.50	3.92
Levered Free Cash Flow	49.86	333	1,561	525	140.24	203.23
Unlevered Free Cash Flow	75.17	533.72	451.68	590.33	871.54	482.11

SEC Filings: 10-K · 10-Q