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
+167.4%
EPS
−70.9%
Free cash flow
+369.4%
Total debt
+188.3%

Quarter to September 2026, against a year earlier

30.39 0.76 +2.56%
Market cap
$7.1B
P/E
7.2×
Fwd P/E
5.5×
Dividend yield
2.89%
F-score
6/9
Altman Z
1.44
Beneish M
−2.98
Dividend safety
78/100

SM Energy Company (SM) Free cash flow

Alert me on Free cash flow

SM Energy Company's free cash flow for fiscal 2025 was $539.0M, compared with −$1.6B in fiscal 2024. Over the twelve months to 30 September 2026 it was $2.0B. Over the past ten years it has ranged from −$1.6B (fiscal 2024) to $806.5M (fiscal 2022); the current reading is higher than 91% of that period. SM Energy Company ranks 10th of 68 Oil & Gas E&P companies by free cash flow.

Free cash flow, annual

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Annual newest first

Period Free cash flow Change
FY2025 $539.0M —
FY2024 −$1.6B —
FY2023 $475.0M (41.10%)
FY2022 $806.5M 67.45%
FY2021 $481.6M 98.06%
FY2020 $243.2M —
FY2019 −$189.7M —
FY2018 $132.7M (57.72%)
FY2017 $313.9M —
FY2016 −$1.3B —

Quarterly newest first

Period Free cash flow Change
Sep 2026 $403.0M (67.66%)
Jun 2026 $1.2B 1,365.88%
Mar 2026 $85.0M (61.91%)
Dec 2025 $223.2M 159.94%
43 more quarters

Against its own ten years

Low −$1.6B High $806.5M
Ten-year median $243.2M
Current reading's percentile 91

Free cash flow against peers

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)

The full definition of Free cash flow →

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