SM
SM Energy Co
$27.81
-0.53 (-1.87%)
At close · Jul 10
Market Cap
$6.67B
Shares
239,748,701
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Revenue
$3.15B
+17.2%
FY2025
Net Income
$648M
-15.8%
FY2025
Gross Margin
68.51%
-7.9pp
FY2019
Operating Margin
31.71%
-8.3pp
FY2025
Diluted EPS
$5.64
-15.4%
FY2025
Operating Cash Flow
$2.01B
+12.8%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $3.79B | $3.15B | $2.69B | $2.37B | $3.36B | $2.62B | $1.13B | $1.59B | $2.07B | $1.13B | $1.22B | $1.56B | $2.52B | $2.29B | $1.51B | $1.6B | $1.09B | $832.2M | $1.3B | |
| $456.35M | — | — | — | — | — | — | $500.71M | $487.37M | $507.91M | $597.57M | — | — | — | — | — | — | — | — | |
| $911.02M | — | — | — | — | — | — | $1.09B | $1.58B | $621.47M | $619.89M | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | 68.51% | 76.42% | 55.03% | 50.92% | — | — | — | — | — | — | — | — | |
| $296M | $161M | $138M | $121M | $114.56M | $111.95M | $99.16M | $132.8M | $116.5M | $117.28M | $124.83M | $157.67M | $167.1M | $149.55M | $119.82M | $118.53M | $106.66M | $76.04M | $79.5M | |
| $3.36B | $2.15B | $1.62B | $1.39B | $1.78B | $2.41B | $2.2B | $1.66B | $1.23B | $1.29B | $2.27B | $2.14B | $1.36B | $1.93B | $1.53B | $1.22B | $754.06M | $963.04M | $1.13B | |
| $426M | $1B | $1.08B | $987M | $1.58B | $209.12M | -$1.07B | -$69.97M | $836.34M | -$163.72M | -$1.06B | -$578.78M | $1.17B | $368.26M | -$20.02M | $384.38M | $338.77M | -$130.84M | $171.2M | |
| — | 31.71% | 40% | 41.58% | 47.03% | 7.97% | -94.88% | -4.4% | 40.46% | -14.5% | -86.82% | -37.17% | 46.22% | 16.06% | -1.33% | 23.97% | 31% | -15.72% | 13.16% | |
| $242M | $173M | $141M | $92M | $120.35M | $160.35M | $163.89M | $159.1M | $160.91M | $179.26M | $158.69M | $128.15M | $98.55M | $89.71M | $63.72M | $45.85M | $24.2M | $28.86M | $26.95M | |
| $1M | $0 | -$1M | -$1M | -$1.53M | -$2.18M | -$3.94M | -$1.97M | $3.09M | -$800K | -$1.91M | $649K | -$2.56M | $67K | $220K | — | — | — | — | |
| $188M | $830M | $966M | $914M | $1.4B | $46.17M | -$956.71M | -$231.04M | $651.78M | -$343.81M | -$1.2B | -$722.86M | $1.06B | $278.61M | -$83.52M | $339M | $314.9M | -$159.46M | $144.74M | |
| $57M | $182M | $196M | $96M | $283.82M | $9.94M | -$192.09M | -$44.04M | $143.37M | -$182.97M | -$444.17M | -$275.15M | $398.65M | $107.68M | -$29.27M | $123.59M | $118.06M | -$60.09M | $57.39M | |
| $131M | $648M | $770M | $818M | $1.11B | $36.23M | -$764.61M | -$187M | $508.41M | -$160.84M | -$757.74M | -$447.71M | $666.05M | $170.94M | -$54.25M | $215.42M | $196.84M | -$99.37M | $87.35M | |
| — | 20.55% | 28.62% | 34.46% | 33.11% | 1.38% | -67.86% | -11.76% | 24.6% | -14.24% | -62.24% | -28.76% | 26.41% | 7.45% | -3.6% | 13.44% | 18.01% | -11.94% | 6.71% | |
| $133M | $650M | $772M | $819M | $1.12B | $36.98M | -$766.89M | -$185.94M | $512.79M | -$160.08M | -$758.9M | -$449.8M | $660.16M | $174.53M | -$58.98M | $226.62M | $219.31M | — | — | |
| USD/shares | — | $5.65 | $6.71 | $6.89 | $9.09 | $0.30 | -$6.72 | -$1.66 | $4.54 | -$1.44 | -$9.90 | -$6.61 | $9.91 | $2.57 | -$0.83 | $3.38 | $3.13 | -$1.59 | $1.40 |
| USD/shares | — | $5.64 | $6.67 | $6.86 | $8.96 | $0.29 | -$6.72 | -$1.66 | $4.48 | -$1.44 | -$9.90 | -$6.61 | $9.79 | $2.51 | -$0.83 | $3.19 | $3.04 | -$1.59 | $1.38 |
| shares | — | 115M | 115M | 119M | 122.35M | 119.04M | 113.73M | 112.54M | 111.91M | 111.43M | 76.57M | 67.72M | 67.23M | 66.62M | 65.14M | 63.76M | 62.97M | 62.46M | 62.24M |
| shares | — | 115M | 116M | 119M | 124.08M | 123.69M | 113.73M | 112.54M | 113.5M | 111.43M | 76.57M | 67.72M | 68.04M | 68M | 65.14M | 67.56M | 64.69M | 62.46M | 63.13M |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2008–FY2025: $461.41M in buybacks, $366.43M in dividends.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
—
Oil & Gas E&P median 2.44×
EV/EBIT
—
Oil & Gas E&P median 9.28×
P/E (TTM)
11.73×
Oil & Gas E&P median 12.48×
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| EP Segment | $3,154,000,000 | $2,690,000,000 | $2,374,000,000 | $3,358,647,000 |
By Geography (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Midland Basin | $1,372,000,000 | $1,567,000,000 | $1,524,000,000 | $2,250,414,000 | $2,028,411,000 | $879,577,000 | $1,195,736,000 | $1,064,607,000 |
| South Texas | $891,000,000 | $900,000,000 | $840,000,000 | $1,095,492,000 | $569,504,000 | $246,611,000 | $390,014,000 | $514,514,000 |
| Uinta Basin | $875,000,000 | $204,000,000 | — | — | — | — | — | — |
| Rocky Mountain | — | — | — | — | — | — | — | $57,236,000 |
By Product & Service (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Crude Oil | $2,561,000,000 | $2,187,000,000 | $1,814,000,000 | — | — | — | — | — |
| Natural Gas Reserves | $353,000,000 | $249,000,000 | $328,000,000 | — | — | — | — | — |
| Natural Gas Liquids Reserves | $224,000,000 | $235,000,000 | $222,000,000 | — | — | — | — | — |
| Natural Gas Revenue | — | — | — | $790,880,000 | $525,479,000 | $187,459,000 | $262,529,000 | $354,450,000 |
| Oil and Condensate Revenue | — | — | — | $284,958,000 | $180,610,000 | $85,161,000 | $140,009,000 | $216,231,000 |
| Oil Revenue | — | — | — | $2,270,068,000 | $1,891,826,000 | $853,568,000 | $1,183,212,000 | $1,065,676,000 |
Key facts
CIK
893538
CUSIP
78454L100
13F (30d)
20 filings
20 filers
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