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.
Follow SM
SM Energy Company (SM) EV/Sales
As of 16 October 2026, SM Energy Company (SM) trades at a EV/Sales of 3.0×. Over the past ten years it has ranged from 1.4× (March 2023) to 5.0× (January 2018); the current reading is higher than 72% of that period. That is above the Oil & Gas E&P industry median of 2.6× and above the Energy sector median of 2.3×.
EV/Sales, daily
Embed this chart
Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 1.4× | (34.33%) |
| FY2024 | 2.2× | (13.16%) |
| FY2023 | 2.5× | 56.04% |
| FY2022 | 1.6× | (24.94%) |
| FY2021 | 2.1× | (26.04%) |
| FY2020 | 2.9× | 5.77% |
| FY2019 | 2.7× | 22.84% |
| FY2018 | 2.2× | (51.62%) |
| FY2017 | 4.6× | 1.39% |
| FY2016 | 4.5× | 83.20% |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | 2.5× | (32.37%) |
| Mar 2026 | 3.6× | 154.21% |
| Dec 2025 | 1.4× | (11.86%) |
| Sep 2025 | 1.6× | (12.49%) |
| 42 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| CHRD Chord Energy Corporation compare | 1.5× |
| CRGY Crescent Energy Company compare | 2.2× |
| AR Antero Resources Corporation compare | 2.3× |
| MUR Murphy Oil Corporation compare | 2.3× |
| SM SM Energy Company | 3.0× |
| MTDR Matador Resources Company compare | 3.1× |
| VIST Vista Energy, S.A.B. de C.V. - Sponsored ADR compare | 3.1× |
| MGY Magnolia Oil & Gas Corp compare | 3.2× |
| RRC Range Resources Corporation compare | 3.4× |
| Oil & Gas E&P industry median | 2.6× |
| Energy sector median | 2.3× |
| Market median | 2.1× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)