SM Energy Co — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that SM Energy Co filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.15B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $2.69B | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $2.37B | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $3.36B | Feb 20, 2025 |
| FY2023 | Dec 31, 2021 | $2.62B | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | $1.13B | Feb 23, 2023 |
| FY2021 | Dec 31, 2019 | $1.59B | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $2.07B | Feb 18, 2021 |
| FY2019 | Dec 31, 2017 | $1.13B | Feb 20, 2020 |
| FY2017 | Dec 31, 2016 | $1.22B | Feb 21, 2018 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $648.00M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $770.00M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $818.00M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $1.11B | Feb 20, 2025 |
| FY2023 | Dec 31, 2021 | $36.23M | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | ($764.61M) | Feb 23, 2023 |
| FY2021 | Dec 31, 2019 | ($187.00M) | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $508.41M | Feb 18, 2021 |
| FY2019 | Dec 31, 2017 | ($160.84M) | Feb 20, 2020 |
| FY2017 | Dec 31, 2016 | ($757.74M) | Feb 21, 2018 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.00B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $1.08B | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $987.00M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $1.58B | Feb 20, 2025 |
| FY2023 | Dec 31, 2021 | $209.12M | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | ($1.07B) | Feb 23, 2023 |
| FY2021 | Dec 31, 2019 | ($69.97M) | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $836.34M | Feb 18, 2021 |
| FY2019 | Dec 31, 2017 | ($163.72M) | Feb 20, 2020 |
| FY2017 | Dec 31, 2016 | ($1.06B) | Feb 21, 2018 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.01B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $1.78B | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $1.57B | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $1.69B | Feb 20, 2025 |
| FY2023 | Dec 31, 2021 | $1.16B | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | $790.94M | Feb 23, 2023 |
| FY2021 | Dec 31, 2019 | $823.57M | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $720.63M | Feb 18, 2021 |
| FY2019 | Dec 31, 2017 | $515.39M | Feb 20, 2020 |
| FY2017 | Dec 31, 2016 | $552.80M | Feb 21, 2018 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $9.25B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $8.58B | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $6.38B | Feb 20, 2025 |
| FY2023 | Dec 31, 2022 | $5.72B | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $5.23B | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $4.98B | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $6.29B | Feb 18, 2021 |
| FY2019 | Dec 31, 2018 | $6.35B | Feb 20, 2020 |
| FY2017 | Dec 31, 2017 | $6.18B | Feb 21, 2018 |
| FY2017 | Dec 31, 2016 | $6.39B | Feb 21, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $4.81B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $4.24B | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $3.62B | Feb 26, 2026 |
| FY2025 | Dec 31, 2022 | $3.09B | Feb 26, 2026 |
| FY2024 | Dec 31, 2021 | $2.06B | Feb 20, 2025 |
| FY2023 | Dec 31, 2020 | $2.02B | Feb 22, 2024 |
| FY2022 | Dec 31, 2019 | $2.75B | Feb 23, 2023 |
| FY2021 | Dec 31, 2018 | $2.92B | Feb 25, 2022 |
| FY2020 | Dec 31, 2017 | $2.39B | Feb 18, 2021 |
| FY2019 | Dec 31, 2016 | $2.50B | Feb 20, 2020 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.29B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $2.74B | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $2.05B | Feb 20, 2025 |
| FY2023 | Dec 31, 2022 | $1.31B | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $234.53M | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $200.70M | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $967.59M | Feb 18, 2021 |
| FY2019 | Dec 31, 2018 | $1.17B | Feb 20, 2020 |
| FY2017 | Dec 31, 2017 | $665.66M | Feb 21, 2018 |
| FY2017 | Dec 31, 2016 | $794.02M | Feb 21, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $368.00M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $0 | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $616.16M | Feb 20, 2025 |
| FY2023 | Dec 31, 2022 | $445.00M | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $332.72M | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $10.0K | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $10.0K | Feb 18, 2021 |
| FY2019 | Dec 31, 2018 | $77.97M | Feb 20, 2020 |
| FY2017 | Dec 31, 2017 | $313.94M | Feb 21, 2018 |
| FY2017 | Dec 31, 2016 | $9.37M | Feb 21, 2018 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2021 | Dec 31, 2021 | $2.08B | Feb 25, 2022 |
| FY2021 | Dec 31, 2020 | $2.21B | Feb 25, 2022 |
| FY2013 | Dec 31, 2013 | $1.60B | Feb 19, 2014 |
| FY2013 | Dec 31, 2012 | $1.10B | Feb 19, 2014 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 5 | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | 6 | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | 6 | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | 9 | Feb 20, 2025 |
| FY2023 | Dec 31, 2021 | 0 | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | (6) | Feb 23, 2023 |
| FY2021 | Dec 31, 2019 | (1) | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | 4 | Feb 18, 2021 |
| FY2019 | Dec 31, 2017 | (1) | Feb 20, 2020 |
| FY2017 | Dec 31, 2016 | (9) | Feb 21, 2018 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 5 | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | 6 | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | 6 | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | 8 | Feb 20, 2025 |
| FY2023 | Dec 31, 2021 | 0 | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | (6) | Feb 23, 2023 |
| FY2021 | Dec 31, 2019 | (1) | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | 4 | Feb 18, 2021 |
| FY2019 | Dec 31, 2017 | (1) | Feb 20, 2020 |
| FY2017 | Dec 31, 2016 | (9) | Feb 21, 2018 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 114.63M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | 114.46M | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | 115.75M | Feb 20, 2025 |
| FY2023 | Dec 31, 2022 | 121.93M | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | 121.86M | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | 114.74M | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | 112.99M | Feb 18, 2021 |
| FY2019 | Dec 31, 2018 | 112.24M | Feb 20, 2020 |
| FY2017 | Dec 31, 2017 | 111.69M | Feb 21, 2018 |
| FY2017 | Dec 31, 2016 | 111.26M | Feb 21, 2018 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $92.00M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $85.00M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $72.00M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $19.64M | Feb 20, 2025 |
| FY2023 | Dec 31, 2021 | $2.39M | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | $2.28M | Feb 23, 2023 |
| FY2021 | Dec 31, 2019 | $11.25M | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $11.19M | Feb 18, 2021 |
| FY2019 | Dec 31, 2017 | $11.14M | Feb 20, 2020 |
| FY2017 | Dec 31, 2016 | $7.75M | Feb 21, 2018 |