SM Energy
SM NYSE· Oil & Gas Exploration & Production
Last close · Oct 26, 2026
$40.15
KIRA · Stoqly’s AI analyst, in plain words
- SM Energy had $3.2B of revenue in fiscal 2025, up 17.3% on the year before. Over five years, revenue changed +22.9% a year on average.
- Its operating margin was 31.7%, down 8.3 pts: of every 100 in sales, about 32 is left after running the business.
- SM Energy made $648M of net profit in fiscal 2025.
- SM Energy returned $105M to shareholders in fiscal 2025. The diluted share count fell 0.9%.
- SM Energy owes $2.3B more than it holds in cash.
Market cap
$9.6B
P/E
—
Revenue
$3.2B
Net income
$648M
Free cash flow
—
Operating margin
31.7%
SM Energy in 30 seconds · fiscal 2025
Are sales growing?
+17.3%
Yes. Sales grew 17.3% last year.
Does it make a profit?
20.6%
Yes. It keeps 20.6% of every sale as profit.
How healthy are the accounts?
6 / 8
Mixed. It passes 6 of 8 health tests.
What SM Energy does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 26, 2026
- Legal name
- SM ENERGY CO
- CIK
- 0000893538
SM Energy · SM
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $2.6B | $3.4B | $2.4B | $2.7B | $3.2B |
| Revenue growth | 132.8% | 28.1% | −29.3% | 13.3% | 17.3% |
| Operating margin | 8.0% | 47.0% | 41.6% | 40.0% | 31.7% |
| Net income | $36.2M | $1.1B | $818M | $770M | $648M |
| Net margin | 1.4% | 33.1% | 34.5% | 28.6% | 20.6% |
| Diluted EPS | $0.29 | $8.96 | $6.86 | $6.67 | $5.64 |
| Cash | |||||
| Cash from operations | $1.2B | $1.7B | $1.6B | $1.8B | $2.0B |
| Dividends paid | $2.4M | $19.6M | $72.0M | $85.0M | $92.0M |
| Share buybacks | $0.0M | $57.2M | $228M | $86.0M | $13.0M |
| Share count change | 8.8% | 0.3% | −4.1% | −2.5% | −0.9% |
| Debt and strength | |||||
| Cash and short-term investments | $333M | $445M | $616M | $0.0M | $368M |
| Debt incl. finance leases | $2.1B | $1.6B | $1.6B | $2.7B | $2.7B |
| Shareholders' equity | $2.1B | $3.1B | $3.6B | $4.2B | $4.8B |
| Current ratio | 0.7x | 1.2x | 1.5x | 0.6x | 0.7x |
| Interest coverage | 1.3x | 13.1x | 10.7x | 7.6x | 5.8x |
| Returns and quality | |||||
| Return on capital | 4.1% | 31.4% | 20.1% | 14.9% | 11.1% |
| Return on equity | 1.8% | 43.2% | 24.4% | 19.6% | 14.3% |
| Piotroski F-score | 6 | 7 | 6 | 5 | 6 |
| Altman Z'' | 0.8 | 4.0 | 3.8 | 2.6 | 2.8 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$1.6M
3 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
SM Energy · SM
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| SM Energy SM | $9.6B | 17.3% | 31.7% | — | 11.1% | — | 6 |
| Range Resources RRC | $12.7B | 28.9% | — | 18.9% | 13.7% | 14.8x | 8 |
| Crescent Energy CRGY | — | 22.1% | 6.4% | — | 2.3% | — | — |
| Murphy Oil MUR | $6.5B | −10.2% | 11.1% | 8.4% | 3.7% | 21.9x | 5 |
| California Resources CRC | $4.9B | 14.7% | 16.3% | 14.8% | 9.5% | — | 4 |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $40.15 a share, the company is worth $9.6B.
SM Energy grew sales faster than 2 of its 4 similar companies.
Source: SEC EDGAR XBRL filings (CIK 0000893538). Data updated October 21, 2026. For information only — not investment advice. Check the original filings before relying on any figure.