SDNYSECrude Petroleum & Natural GasFiscal year ends December 31
SANDRIDGE ENERGY INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$14.35+0.08 (+0.56%)
Close on Oct 19, 2026
- Market cap
- $532.13M
- P/E (TTM)
- 6.4
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
–
Operating margin
39.0%+276.9 pts over 5 years
Net margin
44.9%+286.1 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +24.8% | -15.0% | +6.3% | -14.7% | |
| Operating income | +83.4% | -29.7% | – | – | |
| Net income | +11.5% | -33.8% | – | – | |
| EPS, diluted | +12.4% | -33.7% | – | – | |
| Free cash flow | -12.6% | -29.9% | +8.3% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | -104.6% | 14.5% | |
| Return on assets | – | -63.9% | 11.5% | |
| Current ratio | 1.20 | 0.74 | 2.17 | |
| Debt to equity | 0.60 | 0.16 | – | |
| Net debt to EBITDA | – | 0.04× | – | |
| Interest coverage | – | -136.9× | – | |
| Capex to revenue | – | 7.2% | 37.5% | |
| Diluted shares | – | 36M | 37M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Sandridge Energy generated $564.61M from operations and spent $343.41M on capital expenditure, dividends and share buybacks. 49% of that went back into the business.
Generated
$564.61M
Used
$343.41M
Capital expenditure$167.06M49%Dividends$169.72M49%Share buybacks$6.64M2%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin44.9%
×Asset turnover0.26×
×Equity multiplier1.26×
=Return on equity, FY202514.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 44.9% | 0.26× | 1.26× | 14.5% |
| FY2024 | 50.3% | 0.22× | 1.24× | 13.6% |
| FY2023 | 40.9% | 0.25× | 1.23× | 12.7% |
| FY2022 | 95.2% | 0.53× | 1.30× | 66.1% |
| FY2021 | 69.1% | 0.55× | 1.64× | 62.5% |
| FY2020 | -241.2% | 0.26× | 1.64× | -104.6% |
| FY2019 | -168.4% | 0.33× | 1.31× | -71.9% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
7of 7 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$70.20M
- Cash generatingOperating cash flow above zero$100.14M
- Return on assets improvedROA up on the prior year11.0% → 12.1%
- Earnings backed by cashOperating cash flow above net income$100.14M vs $70.20M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose2.11 → 2.17
- No dilutionShare count did not rise37M → 37M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.22 → 0.27