SM Energy Company (SM)
NYSE: SM · Real-Time Price · USD
32.73
-0.04 (-0.12%)
Nov 13, 2026, 4:00 PM EST - Market closed
SM Energy Company Income 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 | Sep '26 Sep 30, 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 |
Operating Revenue | 6,118 | 3,011 | 2,555 | 2,259 | 3,183 | 2,477 |
Other Revenue | 99 | 16 | 19 | 10 | 12.74 | 24.98 |
| 6,217 | 3,027 | 2,574 | 2,269 | 3,196 | 2,502 | |
Revenue Growth | 96.33% | 17.60% | 13.44% | -29.01% | 27.75% | 131.53% |
Cost of Revenue | 907 | 292 | 167 | 459 | 416.61 | 364.92 |
Gross Profit | 5,310 | 2,735 | 2,407 | 1,810 | 2,779 | 2,137 |
Selling, General & Admin | 480 | 592 | 457 | 121 | 114.56 | 111.95 |
Other Operating Expenses | 1,136 | -121 | 1 | -47 | 426.67 | 967.13 |
Operating Expenses | 3,636 | 1,735 | 1,331 | 823 | 1,200 | 1,928 |
Operating Income | 1,674 | 1,000 | 1,076 | 987 | 1,579 | 209.12 |
Interest Expense | -383 | -173 | -141 | -92 | -120.35 | -160.35 |
Interest & Investment Income | 14 | 3 | 32 | 20 | 5.77 | 1.72 |
Other Non Operating Income (Expenses) | -4 | - | -1 | -1 | -1.53 | -2.18 |
EBT Excluding Unusual Items | 1,301 | 830 | 966 | 914 | 1,463 | 48.31 |
Merger & Restructuring Charges | -318 | - | - | - | - | - |
Gain (Loss) on Sale of Assets | 260 | - | - | - | - | - |
Other Unusual Items | - | - | - | - | -67.61 | -2.14 |
Pretax Income | 1,243 | 830 | 966 | 914 | 1,396 | 46.17 |
Income Tax Expense | 305 | 182 | 196 | 96 | 283.82 | 9.94 |
Net Income | 938 | 648 | 770 | 818 | 1,112 | 36.23 |
Net Income to Common | 938 | 648 | 770 | 818 | 1,112 | 36.23 |
Net Income Growth | 29.03% | -15.84% | -5.87% | -26.44% | 2969.23% | - |
Shares Outstanding (Basic) | 198 | 115 | 115 | 119 | 122 | 119 |
Shares Outstanding (Diluted) | 198 | 115 | 116 | 119 | 124 | 124 |
Shares Change | 71.68% | -0.86% | -2.52% | -4.10% | 0.32% | 8.76% |
EPS (Basic) | 4.75 | 5.63 | 6.70 | 6.87 | 9.09 | 0.30 |
EPS (Diluted) | 4.72 | 5.63 | 6.67 | 6.86 | 8.96 | 0.29 |
EPS Growth | -25.22% | -15.52% | -2.77% | -23.44% | 2989.66% | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Free Cash Flow | 1,047 | 539 | -1,632 | 475 | 806.47 | 481.61 |
Free Cash Flow Per Share | 5.28 | 4.69 | -14.07 | 3.99 | 6.50 | 3.89 |
Dividend Per Share | 0.860 | 0.800 | 0.760 | 0.630 | 0.310 | 0.020 |
Dividend Growth | 7.50% | 5.26% | 20.64% | 103.23% | 1450.00% | 0% |
Gross Margin | 85.41% | 90.35% | 93.51% | 79.77% | 86.97% | 85.41% |
Operating Margin | 26.93% | 33.04% | 41.80% | 43.50% | 49.42% | 8.36% |
Profit Margin | 15.09% | 21.41% | 29.92% | 36.05% | 34.79% | 1.45% |
Free Cash Flow Margin | 16.84% | 17.81% | -63.40% | 20.93% | 25.23% | 19.25% |
EBITDA | 3,607 | 2,207 | 1,885 | 1,677 | 2,183 | 1,019 |
EBITDA Margin | 58.02% | 72.91% | 73.23% | 73.91% | 68.31% | 40.71% |
D&A For EBITDA | 1,933 | 1,207 | 809 | 690 | 603.78 | 809.39 |
EBIT | 1,674 | 1,000 | 1,076 | 987 | 1,579 | 209.12 |
EBIT Margin | 26.93% | 33.04% | 41.80% | 43.50% | 49.42% | 8.36% |
Effective Tax Rate | 24.54% | 21.93% | 20.29% | 10.50% | 20.33% | 21.53% |
Revenue as Reported | 6,854 | 3,154 | 2,690 | 2,374 | 3,359 | 2,623 |