SM Energy Company (SM) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
2.7B
Gross Profit
1.2B
45.86%
Operating Income
1.0B
38.40%
Net Income
770.3M
28.84%
EPS (Diluted)
$6.67
Balance Sheet Metrics
Total Assets
8.6B
Total Liabilities
4.3B
Shareholders Equity
4.2B
Debt to Equity
1.02
Cash Flow Metrics
Operating Cash Flow
1.7B
Free Cash Flow
-1.6B
Revenue & Profitability Trend
SM Energy Company Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 2.7B | 2.4B | 3.3B | 2.6B | 1.1B |
| Cost of Goods Sold | 1.4B | 1.3B | 1.2B | 1.3B | 1.2B |
| Gross Profit | 1.2B | 1.1B | 2.1B | 1.3B | -50.0M |
| Operating Expenses | 199.3M | 191.1M | 160.3M | 172.3M | 164.5M |
| Operating Income | 1.0B | 918.8M | 2.0B | 1.1B | -214.5M |
| Pre-tax Income | 966.2M | 914.2M | 1.4B | 46.2M | -956.7M |
| Income Tax | 195.9M | 96.3M | 283.8M | 9.9M | -192.1M |
| Net Income | 770.3M | 817.9M | 1.1B | 36.2M | -764.6M |
| EPS (Diluted) | $6.67 | $6.86 | $8.96 | $0.29 | -$6.72 |
Income Statement Trend
SM Energy Company Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 434.7M | 916.4M | 737.2M | 613.2M | 203.7M |
| Non-Current Assets | 8.1B | 5.5B | 5.0B | 4.6B | 4.8B |
| Total Assets | 8.6B | 6.4B | 5.7B | 5.2B | 5.0B |
| Liabilities | |||||
| Current Liabilities | 790.0M | 633.8M | 598.6M | 889.3M | 583.7M |
| Non-Current Liabilities | 3.5B | 2.1B | 2.0B | 2.3B | 2.4B |
| Total Liabilities | 4.3B | 2.8B | 2.6B | 3.2B | 3.0B |
| Equity | |||||
| Total Shareholders Equity | 4.2B | 3.6B | 3.1B | 2.1B | 2.0B |
Balance Sheet Composition
SM Energy Company Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 770.3M | 817.9M | 1.1B | 36.2M | -764.6M |
| Operating Cash Flow | 1.7B | 1.6B | 1.3B | 2.5M | 234.1M |
| Investing Activities | |||||
| Capital Expenditures | -2.1B | -109.9M | -7.0K | -3.3M | -7.8M |
| Investing Cash Flow | -2.1B | -109.3M | -329.0K | 7.6M | -7.8M |
| Financing Activities | |||||
| Dividends Paid | -85.0M | -71.6M | -19.6M | -2.4M | -2.3M |
| Financing Cash Flow | 1.0B | -304.5M | -693.9M | -261.9M | -264.9M |
| Free Cash Flow | -1.6B | 475.1M | 806.5M | 481.6M | 235.3M |
Cash Flow Trend
SM Energy Company Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
3.59
Forward P/E
3.45
Price to Book
0.67
Price to Sales
1.03
PEG Ratio
3.45
Profitability Ratios
Profit Margin
28.85%
Operating Margin
34.21%
Return on Equity
20.28%
Return on Assets
9.66%
Financial Health
Current Ratio
0.57
Debt to Equity
62.94
Beta
2.19
Per Share Data
EPS (TTM)
$7.13
Book Value per Share
$38.47
Revenue per Share
$24.87
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| sm | 2.9B | 3.59 | 0.67 | 20.28% | 28.85% | 62.94 |
| ConocoPhillips | 119.5B | 12.00 | 1.83 | 16.66% | 16.15% | 36.46 |
| Canadian Natural | 70.3B | 12.84 | 1.73 | 18.95% | 19.76% | 46.57 |
| Ovintiv | 10.1B | 16.49 | 1.01 | 6.17% | 7.03% | 67.03 |
| Range Resources | 10.0B | 37.77 | 2.55 | 6.99% | 10.39% | 45.68 |
| Comstock Resources | 8.7B | 46.41 | 4.10 | -13.44% | -22.61% | 138.23 |
Financial data is updated regularly. All figures are in the company's reporting currency.