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

29.75 1.31 −4.22%
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) Net margin

Alert me on Net margin

SM Energy Company's net margin over the twelve months to 30 September 2026 was 13.7%, down 6.9 percentage points from fiscal 2025 (20.6%). Over the past ten years it has ranged from −67.9% (fiscal 2020) to 34.5% (fiscal 2023); the current reading is higher than 64% of that period. That is in line with the Oil & Gas E&P industry median of 14.1% and above the Energy sector median of 8.44%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 20.6% (8.07)
FY2024 28.6% (5.84)
FY2023 34.5% 1.35
FY2022 33.1% 31.73
FY2021 1.38% 69.24
FY2020 −67.9% (56.10)
FY2019 −11.8% (36.36)
FY2018 24.6% 38.84
FY2017 −14.2% 48.00
FY2016 −62.2% (33.48)

Quarterly newest first

Period Net margin Change (points)
Sep 2026 4.29% (38.55)
Jun 2026 42.8% 65.49
Mar 2026 −22.7% (38.11)
Dec 2025 15.5% (3.65)
43 more quarters

Against its own ten years

Low −67.9% High 34.5%
Ten-year median 1.38%
Current reading's percentile 58

Net margin against peers

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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