SMNYSECrude Petroleum & Natural GasFiscal year ends December 31

SM Energy Co

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026

$38.89−0.61 (-1.54%)

Close on Oct 19, 2026

Market cap: $9.33B
P/E (TTM): 7.7
Dividend yield: 2.06%

SM Energy Co income statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31	FY 2008 2008-12-31
Revenue	3,154	2,690	2,374	3,359	2,623	1,127	1,590	2,067	1,129	1,217	1,557	2,522	2,293	1,505	1,603	1,093	832	1,301
Cost of Revenue	885	637	564	621	505	391	501	487	508	598	–	–	–	–	–	–	–	–
Gross Profit	2,269	2,053	1,810	2,738	2,117	735	1,089	1,580	621	620	–	–	–	–	–	–	–	–
General & Administrative	161	138	121	115	112	99	133	117	117	125	158	167	150	120	119	107	76	80
Total Costs & Expenses	2,154	1,615	1,387	1,779	2,414	2,196	1,660	1,231	1,293	2,274	2,136	1,356	1,925	1,525	1,219	754	963	1,130
Operating Income	1,000	1,076	987	1,579	209	-1,069	-70	836	-164	-1,057	-579	1,166	368	-20	384	339	-131	171
Interest Expense	173	141	92	120	160	164	159	161	179	159	128	99	90	64	46	24	29	27
Other Non-Operating Income	0	-1.00	-1.00	-1.53	-2.18	-3.94	-1.97	3.09	-0.80	-1.91	0.65	-2.56	0.07	0.22	–	–	–	–
Asset Impairment Charges	–	–	–	–	–	–	–	–	0	0	49	0	0	–	–	–	–	9.45
Pretax Income	830	966	914	1,396	46	-957	-231	652	-344	-1,202	-723	1,065	279	-84	339	315	-159	145
Income Tax Expense	182	196	96	284	9.94	-192	-44	143	-183	-444	-275	399	108	-29	124	118	-60	57
Net Income incl. Noncontrolling Interests	–	–	–	–	–	–	–	–	–	-758	-448	666	171	-54	215	197	-99	87
Net Income	648	770	818	1,112	36	-765	-187	508	-161	-758	-448	–	–	–	–	–	–	–
EPS (Basic)(per share)	5.65	6.71	6.89	9.09	0.30	-6.72	-1.66	4.54	-1.44	-9.90	-6.61	9.91	2.57	-0.83	3.38	3.13	-1.59	1.40
EPS (Diluted)(per share)	5.64	6.67	6.86	8.96	0.29	-6.72	-1.66	4.48	-1.44	-9.90	-6.61	9.79	2.51	-0.83	3.19	3.04	-1.59	1.38
Shares Outstanding (Basic, Weighted)(shares)	115	115	119	122	119	114	113	112	111	77	68	67	67	65	64	63	62	62
Shares Outstanding (Diluted, Weighted)(shares)	115	116	119	124	124	114	113	114	111	77	68	68	68	65	68	65	62	63
Dividend per Share(per share)	0.80	0.76	0.63	0.31	0.02	0.02	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: 74.2%
Operating margin: 29.6%
Net margin: 18.2%
Return on equity, FY2025: 14.3%

Financial strength

Current ratio: 0.62
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 20.1%

Valuation

P/E ratio: 7.7
Price to sales: 1.70
Price to book: 1.19
Dividend yield: 2.06%