SM Energy Company

SM Energy Oil & Gas E&P

SM Energy Company’s revenue for fiscal 2025 (year ended December 2025) was $3.2 billion, up 17.2% from fiscal 2024.

Revenue
+167.2%
EPS
−70.9%
Free cash flow
+369.4%
Total debt
+188.3%

Quarter to September 2026, against a year earlier

29.99 0.36 +1.21%
Market cap
$7.1B
P/E
7.2×
Fwd P/E
5.5×
Dividend yield
2.87%
F-score
6/9
Altman Z
1.44
Beneish M
−2.98
Dividend safety
78/100
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16
P/E ratio
3.31 5.78 5.64 3.53 226.77 0.00 0.00 3.41 0.00 0.00
Piotroski F-Score
6 5 6 8 7 3 2 7 6 2
Altman Z-Score
1.44 1.74 2.39 2.82 1.30 (0.38) 0.60 1.31 0.63 0.19
P/S ratio
0.68 1.66 1.95 1.17 1.34 0.62 0.80 0.84 2.29 2.16
P/FCF ratio
3.99 0.00 9.76 4.85 7.29 2.86 0.00 13.06 8.26 0.00
Altman Z″-Score (non-manufacturers)
2.77 2.64 3.75 3.99 0.75 (1.10) 1.01 2.34 0.83 (0.23)
Beneish M-Score
(2.98) (2.50) (3.02) (2.38) (2.80) (4.00) (3.12) (2.23) (3.03) (3.37)
P/Operating CF
4.76 7.71 9.74 13.57 8.17 2.71 5.23 9.65 17.90 19.06
Dividend Safety Score
78 — — — — — — — — —
P/B ratio
0.45 1.05 1.28 1.27 1.70 0.35 0.46 0.59 1.08 1.05
EV/Sales
1.43 2.17 2.50 1.60 2.14 2.89 2.73 2.22 4.59 4.53
EV/EBITDA
2.03 3.09 3.53 2.45 5.60 0.00 5.64 3.03 12.66 0.00
EV/FCF
8.34 (3.58) 12.50 6.67 11.63 13.38 (22.88) 34.61 16.53 (4.19)
Current Ratio
0.69 0.55 1.45 1.23 0.69 0.35 0.54 0.92 0.98 0.54
Net Debt/EBITDA
1.06 1.47 0.57 0.52 1.75 (8.36) 3.58 1.66 6.34 (11.27)
Debt/Equity
0.56 0.66 0.44 0.51 1.01 1.10 1.00 0.89 1.21 1.16
ROE
14.33% 19.61% 24.41% 43.19% 1.78% (32.09%) (6.60%) 19.13% (6.58%) (34.84%)
ROA
7.27% 10.30% 13.53% 20.31% 0.71% (13.57%) (2.96%) 8.12% (2.56%) (12.61%)
ROIC
8.73% 9.59% 13.48% 23.38% 3.42% (15.75%) (0.79%) 9.61% (2.05%) (12.27%)
Return on Tangible Assets
8.26% 10.08% 14.45% 22.14% 0.84% (17.69%) (3.26%) 8.77% (2.90%) (12.86%)
Average Days of Receivables
38.31 48.98 35.54 25.35 34.40 52.63 42.40 29.58 51.76 45.56
Earnings Yield
30.21% 17.31% 17.74% 28.36% 0.44% (109.97%) (14.77%) 29.33% (6.23%) (30.03%)
Free Cash Flow Yield
25.06% (36.61%) 10.25% 20.61% 13.72% 34.94% (15.00%) 7.66% 12.11% (50.06%)
Free Cash Flow per Share
4.69 (14.19) 3.99 6.59 4.05 2.14 (1.69) 1.19 2.82 (17.17)
Book value per Share
41.83 36.84 30.39 25.22 17.33 17.73 24.43 26.09 21.49 32.61
Free Cash Flow
539.00 (1,632.00) 475.00 806.47 481.61 243.16 (189.72) 132.70 313.86 (1,314.83)
EV/EBIT
4.50 5.43 6.01 3.41 26.78 0.00 0.00 5.49 0.00 0.00
Other line items

Show all line items

Columns are period end dates · fundamentals updated 6 Nov 2026