SM Energy Co (SM) stock
SMNYSECrude Petroleum & Natural GasFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 4, 2026Score 12/3017% below fair value
$32.73−0.04 (-0.12%)
Close on Nov 13, 2026Market cap $7.78BP/E 7.9Yield 2.44%
SM Energy profit margin
Profit margin (net margin) is net income as a percentage of revenue.
SM Energy's profit margin for the twelve months ending Sep 30, 2026 was 13.7%. For fiscal 2025 it was 20.5%, against 28.6% the year before. The highest annual figure on record is 34.5% in fiscal 2023.
Annual profit margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 20.5% | −8.1 |
| FY2024 | Dec 31, 2024 | 28.6% | −5.8 |
| FY2023 | Dec 31, 2023 | 34.5% | +1.3 |
| FY2022 | Dec 31, 2022 | 33.1% | +31.7 |
| FY2021 | Dec 31, 2021 | 1.4% | +69.2 |
| FY2020 | Dec 31, 2020 | -67.9% | −56.1 |
| FY2019 | Dec 31, 2019 | -11.8% | −36.4 |
| FY2018 | Dec 31, 2018 | 24.6% | +38.8 |
| FY2017 | Dec 31, 2017 | -14.2% | +48.0 |
| FY2016 | Dec 31, 2016 | -62.2% | −33.5 |
| FY2015 | Dec 31, 2015 | -28.8% | – |
Quarterly profit margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 4.3% | −14.8 |
| Q2 FY2026 | Jun 30, 2026 | 42.8% | +17.4 |
| Q1 FY2026 | Mar 31, 2026 | -22.7% | −44.2 |
| Q4 FY2025 | Dec 31, 2025 | 15.5% | −6.6 |
| Q3 FY2025 | Sep 30, 2025 | 19.1% | −18.3 |
| Q2 FY2025 | Jun 30, 2025 | 25.5% | −7.7 |
| Q1 FY2025 | Mar 31, 2025 | 21.5% | −1.9 |
| Q4 FY2024 | Dec 31, 2024 | 22.1% | −18.5 |
| Q3 FY2024 | Sep 30, 2024 | 37.4% | +2.7 |
| Q2 FY2024 | Jun 30, 2024 | 33.1% | +5.9 |
| Q1 FY2024 | Mar 31, 2024 | 23.4% | −11.2 |
| Q4 FY2023 | Dec 31, 2023 | 40.6% | +2.1 |
| Q3 FY2023 | Sep 30, 2023 | 34.7% | −22.9 |
| Q2 FY2023 | Jun 30, 2023 | 27.2% | −5.4 |
| Q1 FY2023 | Mar 31, 2023 | 34.6% | +28.9 |
| Q4 FY2022 | Dec 31, 2022 | 38.5% | −11.2 |
| Q3 FY2022 | Sep 30, 2022 | 57.6% | +46.3 |
| Q2 FY2022 | Jun 30, 2022 | 32.6% | +72.2 |
| Q1 FY2022 | Mar 31, 2022 | 5.7% | +62.3 |
| Q4 FY2021 | Dec 31, 2021 | 49.7% | +101.3 |
| Q3 FY2021 | Sep 30, 2021 | 11.3% | +46.2 |
| Q2 FY2021 | Jun 30, 2021 | -39.5% | +13.1 |
| Q1 FY2021 | Mar 31, 2021 | -56.6% | +59.2 |
| Q4 FY2020 | Dec 31, 2020 | -51.6% | −29.0 |
| Q3 FY2020 | Sep 30, 2020 | -35.0% | −45.8 |
| Q2 FY2020 | Jun 30, 2020 | -52.6% | −65.0 |
| Q1 FY2020 | Mar 31, 2020 | -115.8% | −63.7 |
| Q4 FY2019 | Dec 31, 2019 | -22.6% | −101.2 |
| Q3 FY2019 | Sep 30, 2019 | 10.8% | +40.4 |
| Q2 FY2019 | Jun 30, 2019 | 12.4% | +8.5 |
| Q1 FY2019 | Mar 31, 2019 | -52.1% | −93.3 |
| Q4 FY2018 | Dec 31, 2018 | 78.6% | +86.3 |
| Q3 FY2018 | Sep 30, 2018 | -29.6% | +0.6 |
| Q2 FY2018 | Jun 30, 2018 | 3.9% | +103.2 |
| Q1 FY2018 | Mar 31, 2018 | 41.2% | +21.3 |
| Q4 FY2017 | Dec 31, 2017 | -7.7% | – |
| Q3 FY2017 | Sep 30, 2017 | -30.2% | – |
| Q2 FY2017 | Jun 30, 2017 | -99.3% | – |
| Q1 FY2017 | Mar 31, 2017 | 20.0% | – |
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