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Smart Sand

SND Energy Oil & Gas Equipment & Services

Smart Sand’s revenue for fiscal 2025 (year ended December 2025) was $330.2 million, up 6.03% from fiscal 2024. In the quarter to June 2026, revenue grew 34.1%, EPS fell 52.7%, free cash flow grew 80.9% and total debt fell 32.2%, each against the same quarter a year earlier. Revenue growth for five consecutive years; insiders bought in the last twelve months.

5.28 0.02 −0.38%
Market cap
$224.7M
P/E
19.5×
Fwd P/E
10.4×
Dividend yield
0.00%
F-score
6/9
Altman Z
2.28
Beneish M
−3.28
Dividend safety
45/100
Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Dec '21 Dec '22 Dec '23 Dec '24 Dec '25
P/E ratio
54.79 16.98 4.47 3.19 1.80 0.00 0.00 14.79 27.47 100.00
Piotroski F-Score
6 5 5 8 5 4 6 8 7 6
P/S ratio
6.91 2.64 0.42 0.43 0.57 0.59 0.29 0.27 0.28 0.47
Altman Z-Score
8.95 4.85 1.75 2.04 1.09 0.46 1.40 1.60 1.89 2.28
Altman Z″-Score (non-manufacturers)
7.74 5.47 3.60 4.68 4.05 1.82 3.06 3.26 4.00 3.81
P/FCF ratio
16.88 0.00 0.00 5.27 4.08 3.49 0.00 9.97 7.98 4.70
P/Operating CF
21.99 51.19 5.22 23.50 20.88 (14.56) 13.05 (30.32) 84.37 6.98
Beneish M-Score
(2.85) (0.26) 0.18 (1.21) (1.14) — (2.79) (3.18) (1.97) (3.28)
P/B ratio
2.87 1.90 0.43 0.41 0.24 0.31 0.30 0.33 0.36 0.65
Dividend Safety Score
— — — — — — — — — 45
EV/Sales
6.12 2.38 0.64 0.57 0.71 0.56 0.33 0.32 0.32 0.44
EV/EBITDA
13.28 12.06 2.12 1.52 5.67 0.00 3.41 3.46 2.99 5.67
EV/FCF
14.96 (9.20) (3.02) 6.92 5.12 3.35 (13.37) 11.58 9.00 4.41
Current Ratio
4.74 2.12 2.03 2.30 3.01 1.52 1.31 1.14 1.75 1.77
Net Debt/EBITDA
(1.67) (1.27) 0.74 0.36 1.15 0.09 0.43 0.48 0.34 (0.37)
Debt/Equity
0.01 0.00 0.23 0.14 0.10 0.09 0.07 0.08 0.05 0.05
ROE
14.20% 12.95% 10.07% 13.90% 14.21% (19.12%) (0.29%) 1.91% 1.23% 0.56%
ROA
6.78% 10.24% 7.09% 9.25% 9.60% (12.64%) (0.19%) 1.32% 0.87% 0.39%
ROIC
13.18% 7.51% 6.74% 9.80% (2.65%) (16.67%) (0.77%) (0.37%) 0.74% (1.21%)
Return on Tangible Assets
6.68% 10.23% 7.34% 11.19% 10.86% (17.61%) (0.26%) 1.77% 1.11% 0.51%
Average Days of Receivables
35.39 65.36 46.06 99.74 208.39 55.81 51.13 31.81 54.26 33.74
Earnings Yield
1.83% 5.89% 22.37% 31.35% 55.69% (67.42%) (1.28%) 6.76% 3.64% 1.00%
Free Cash Flow Yield
5.92% (9.82%) (50.32%) 18.99% 24.52% 28.64% (8.56%) 10.03% 12.53% 21.29%
Free Cash Flow per Share
1.00 (0.88) (1.12) 0.48 0.42 0.51 (0.15) 0.21 0.28 0.85
Book value per Share
5.86 4.73 5.18 6.12 7.17 5.77 5.74 6.22 6.28 6.14
Free Cash Flow
24.23 (35.52) (45.16) 19.21 16.98 21.30 (6.24) 8.09 10.94 33.26
EV/EBIT
17.77 17.46 4.92 3.06 0.00 0.00 0.00 0.00 32.77 0.00
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