Saturday 17 October 2026
Export SM’s income statement to Excel — free account
SM Energy Company
SM Energy Company’s revenue for fiscal 2025 (year ended December 2025) was $3.2 billion, up 17.2% from fiscal 2024. In the quarter to June 2026, revenue grew 215.3%, EPS grew 154.6%, free cash flow grew 673.9% and total debt rose 144.2%, each against the same quarter a year earlier. Dividend growth for five consecutive years.
39.49
1.97
+5.25%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
0.00 | 0.00 | 3.41 | 0.00 | 0.00 | 226.77 | 3.53 | 5.64 | 5.78 | 3.31 |
Piotroski F-Score |
2 | 6 | 7 | 2 | 3 | 7 | 8 | 6 | 5 | 6 |
Altman Z-Score |
0.19 | 0.63 | 1.31 | 0.60 | (0.38) | 1.30 | 2.82 | 2.39 | 1.74 | 1.44 |
P/S ratio |
2.16 | 2.29 | 0.84 | 0.80 | 0.62 | 1.34 | 1.17 | 1.95 | 1.66 | 0.68 |
P/FCF ratio |
0.00 | 8.26 | 13.06 | 0.00 | 2.86 | 7.29 | 4.85 | 9.76 | 0.00 | 3.99 |
Altman Z″-Score (non-manufacturers) |
(0.23) | 0.83 | 2.34 | 1.01 | (1.10) | 0.75 | 3.99 | 3.75 | 2.64 | 2.77 |
Beneish M-Score |
(3.37) | (3.03) | (2.23) | (3.12) | (4.00) | (2.80) | (2.38) | (3.02) | (2.50) | (2.98) |
P/Operating CF |
19.06 | 17.90 | 9.65 | 5.23 | 2.71 | 8.17 | 13.57 | 9.74 | 7.71 | 4.76 |
Dividend Safety Score |
— | — | — | — | — | — | — | — | — | 78 |
P/B ratio |
1.05 | 1.08 | 0.59 | 0.46 | 0.35 | 1.70 | 1.27 | 1.28 | 1.05 | 0.45 |
Price to Tangible BV |
1.05 | 1.08 | 0.59 | 0.46 | 0.35 | 1.70 | 1.27 | 1.28 | 1.05 | 0.45 |
EV/Sales |
4.53 | 4.59 | 2.22 | 2.73 | 2.89 | 2.14 | 1.60 | 2.50 | 2.17 | 1.43 |
EV/EBITDA |
0.00 | 12.66 | 3.03 | 5.64 | 0.00 | 5.60 | 2.45 | 3.53 | 3.09 | 2.03 |
EV/Operating CF |
9.98 | 10.06 | 6.37 | 5.27 | 4.11 | 4.83 | 3.19 | 3.77 | 3.28 | 2.24 |
EV/FCF |
(4.19) | 16.53 | 34.61 | (22.88) | 13.38 | 11.63 | 6.67 | 12.50 | (3.58) | 8.34 |
Quick Ratio |
0.39 | 0.85 | 0.53 | 0.39 | 0.28 | 0.65 | 1.13 | 1.34 | 0.46 | 0.60 |
Current Ratio |
0.54 | 0.98 | 0.92 | 0.54 | 0.35 | 0.69 | 1.23 | 1.45 | 0.55 | 0.69 |
Net Debt/EBITDA |
(11.27) | 6.34 | 1.66 | 3.58 | (8.36) | 1.75 | 0.52 | 0.57 | 1.47 | 1.06 |
Debt/Assets |
45.32% | 47.09% | 40.87% | 43.73% | 44.74% | 39.90% | 27.68% | 24.69% | 32.38% | 29.34% |
Debt/Equity |
1.16 | 1.21 | 0.89 | 1.00 | 1.10 | 1.01 | 0.51 | 0.44 | 0.66 | 0.56 |
Asset Turnover |
0.20 | 0.18 | 0.33 | 0.25 | 0.20 | 0.51 | 0.61 | 0.39 | 0.36 | 0.35 |
Operating CF/Net income |
(0.73) | (3.20) | 1.42 | (4.40) | (1.03) | 32.01 | 1.52 | 1.92 | 2.32 | 3.10 |
Capex/Depreciation |
(2.33) | (0.35) | (0.86) | (1.21) | (0.68) | (0.86) | (1.43) | (1.58) | (4.18) | (1.21) |
Interest Coverage |
(6.66) | (0.91) | 5.20 | (0.44) | (6.52) | 1.30 | 13.12 | 10.73 | 7.63 | 5.78 |
| (34.84%) | (6.58%) | 19.13% | (6.60%) | (32.09%) | 1.78% | 43.19% | 24.41% | 19.61% | 14.33% | |
| (12.61%) | (2.56%) | 8.12% | (2.96%) | (13.57%) | 0.71% | 20.31% | 13.53% | 10.30% | 7.27% | |
ROIC |
(12.27%) | (2.05%) | 9.61% | (0.79%) | (15.75%) | 3.42% | 23.38% | 13.48% | 9.59% | 8.73% |
Return on Tangible Assets |
(12.86%) | (2.90%) | 8.77% | (3.26%) | (17.69%) | 0.84% | 22.14% | 14.45% | 10.08% | 8.26% |
Average Days of Receivables |
45.56 | 51.76 | 29.58 | 42.40 | 52.63 | 34.40 | 25.35 | 35.54 | 48.98 | 38.31 |
Research and Development Expense of Revenue |
5.34% | 4.84% | 2.67% | 3.24% | 3.64% | 1.50% | 1.64% | 2.49% | 2.38% | 1.81% |
Selling, General and Administrative Expense of Revenue |
10.25% | 10.38% | 5.64% | 8.35% | 8.80% | 4.27% | 3.41% | 5.10% | 5.13% | 5.10% |
Intangible Assets out of Total Assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Share Based Compensation of Revenue |
2.21% | 2.01% | 1.16% | 1.53% | 1.33% | 0.72% | 0.56% | 0.84% | 0.93% | 0.92% |
Graham Net Nets |
(1.40) | (1.25) | (1.73) | (2.60) | (3.96) | (0.73) | (0.48) | (0.40) | (0.88) | (1.69) |
Graham Number |
0.00 | 0.00 | 51.63 | 0.00 | 0.00 | 7.12 | 71.74 | 68.73 | 74.58 | 72.92 |
Earnings Yield |
(30.03%) | (6.23%) | 29.33% | (14.77%) | (109.97%) | 0.44% | 28.36% | 17.74% | 17.31% | 30.21% |
Free Cash Flow Yield |
(50.06%) | 12.11% | 7.66% | (15.00%) | 34.94% | 13.72% | 20.61% | 10.25% | (36.61%) | 25.06% |
Revenue per Share |
15.90 | 10.14 | 18.47 | 14.13 | 9.91 | 22.03 | 27.45 | 19.95 | 23.39 | 27.43 |
Operating CF per Share |
7.22 | 4.63 | 6.44 | 7.32 | 6.95 | 9.74 | 13.78 | 13.23 | 15.50 | 17.49 |
Capex per Share |
(24.39) | (1.81) | (5.25) | (9.00) | (4.82) | (5.70) | (7.19) | (9.24) | (29.70) | (12.80) |
Free Cash Flow per Share |
(17.17) | 2.82 | 1.19 | (1.69) | 2.14 | 4.05 | 6.59 | 3.99 | (14.19) | 4.69 |
Cash per Share |
0.12 | 2.82 | 0.70 | 0.00 | 0.00 | 2.79 | 3.64 | 5.18 | 0.00 | 3.20 |
Shareholders Equity per Share |
32.61 | 21.49 | 26.09 | 24.43 | 17.73 | 17.33 | 25.22 | 30.39 | 36.84 | 41.83 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
32.61 | 21.49 | 26.09 | 24.43 | 17.73 | 17.33 | 25.22 | 30.39 | 36.84 | 41.83 |
Free Cash Flow |
(1,314.83) | 313.86 | 132.70 | (189.72) | 243.16 | 481.61 | 806.47 | 475.00 | (1,632.00) | 539.00 |
Working Capital |
(190.53) | (10.10) | (36.79) | (219.41) | (380.07) | (276.14) | 138.62 | 282.63 | (355.00) | (358.00) |
Capital Expenditures |
(1,867.64) | (201.53) | (587.93) | (1,013.29) | (547.78) | (678.16) | (879.94) | (1,099.00) | (3,415.00) | (1,472.00) |
Net Current Asset Value |
(3,671.74) | (3,233.05) | (3,003.28) | (3,290.60) | (2,756.60) | (2,557.66) | (1,893.38) | (1,847.70) | (3,905.00) | (3,632.00) |
EV/EBIT |
0.00 | 0.00 | 5.49 | 0.00 | 0.00 | 26.78 | 3.41 | 6.01 | 5.43 | 4.50 |
Capex to Sales |
1.53 | 0.18 | 0.28 | 0.64 | 0.49 | 0.26 | 0.26 | 0.46 | 1.27 | 0.47 |
Price to Operating Income |
0.00 | 0.00 | 2.07 | 0.00 | 0.00 | 16.78 | 2.48 | 4.70 | 4.14 | 2.15 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.13 | 0.10 | 0.12 | 0.14 | 0.17 | 0.17 | 0.13 | 0.13 | 0.10 | 0.15 |
Cash ROIC |
(24.33%) | 5.59% | 2.37% | (3.45%) | 5.73% | 10.74% | 15.77% | 8.18% | (23.27%) | 6.83% |
Accounts Receivable Turnover |
8.51 | 7.24 | 12.62 | 9.03 | 6.49 | 12.81 | 13.98 | 10.22 | 9.09 | 9.12 |
Accounts Payable Turnover |
1.98 | 1.48 | 1.23 | 1.24 | 1.01 | 1.08 | 1.13 | 0.99 | 0.93 | 1.22 |
Inventory Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Days of Payables |
183.07 | 277.85 | 301.96 | 293.05 | 346.76 | 406.81 | 312.90 | 395.80 | 435.48 | 284.58 |
Days of Inventory on Hand |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Receivables |
143.04 | 156.05 | 163.85 | 176.13 | 173.59 | 204.83 | 240.25 | 232.23 | 296.08 | 346.00 |
Average Payables |
301.11 | 343.17 | 394.91 | 402.60 | 386.84 | 467.49 | 547.80 | 571.94 | 685.80 | 725.00 |
Average Assets |
6,007.58 | 6,285.14 | 6,264.82 | 6,322.55 | 5,634.33 | 5,105.20 | 5,475.01 | 6,048.01 | 7,478.49 | 8,915.00 |
Average Common Equity |
2,174.77 | 2,445.87 | 2,657.47 | 2,834.66 | 2,382.58 | 2,039.65 | 2,574.29 | 3,350.65 | 3,926.43 | 4,523.50 |
Columns are period end dates