SM Energy Co
Statements
Ratios
Valuation ratios (P/E, P/S, EV/EBITDA and the other multiples) are based on the closing price at the end of each period, not on the current price. Margins and returns are shown in percent, multiples without a unit, per-share figures in the reporting currency, net debt in millions.
Tick rows to compare them in a chart (up to 4)
| Line item | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||||||||||||||||||||||
| 21.1 | 16.2 | – | 3,376.6 | 16.9 | 15.0 | 25.8 | 10.6 | 15.1 | 16.2 | 12.8 | 13.2 | 14.7 | – | 19.4 | 22.9 | – | 33.1 | 3.9 | – | – | – | 3.5 | – | – | 100.7 | 3.9 | 5.6 | 5.8 | 3.3 | |
| 3.7 | 4.1 | 2.5 | 3.7 | 4.8 | 2.9 | 3.6 | 2.6 | 3.2 | 3.3 | 3.1 | 2.5 | 1.0 | 2.6 | 4.2 | 3.5 | 2.2 | 2.5 | 1.0 | 0.9 | 2.2 | 2.0 | 1.1 | 0.8 | 0.6 | 1.4 | 1.3 | 2.0 | 1.7 | 0.7 | |
| 2.9 | 2.5 | 1.5 | 1.5 | 3.8 | 2.1 | 2.4 | 2.6 | 2.9 | 4.3 | 3.3 | 2.9 | 1.1 | 2.2 | 3.1 | 3.4 | 2.4 | 3.5 | 1.1 | 0.7 | 1.1 | 1.0 | 0.6 | 0.5 | 0.3 | 1.8 | 1.4 | 1.3 | 1.1 | 0.4 | |
| – | – | – | – | 4.9 | 3.2 | 4.1 | 2.8 | 3.5 | 3.4 | 3.6 | 3.1 | 1.4 | 3.1 | 4.6 | 3.7 | 2.5 | 3.1 | 2.0 | 2.5 | 4.8 | 4.1 | 2.6 | 2.5 | 2.6 | 2.1 | 1.6 | 2.4 | 2.7 | 1.4 | |
| – | – | – | – | 7.4 | 5.9 | 8.1 | 4.7 | 6.2 | 6.7 | 6.2 | 5.5 | 3.8 | 14.9 | 6.2 | 5.7 | 5.3 | 5.9 | 2.6 | 11.8 | – | 13.3 | 2.9 | 5.3 | – | 5.5 | 2.6 | 3.3 | 3.8 | 2.1 | |
| – | – | – | 553.8 | 34.8 | – | – | 248.0 | – | 17.8 | – | – | – | 37.6 | – | – | – | – | – | – | – | – | – | – | 2.9 | 7.6 | 5.4 | 9.7 | – | 3.8 | |
| -1.5% | -10.3% | -6.5% | 0.2% | 2.9% | -7.2% | -6.1% | 0.4% | -2.2% | 5.6% | -10.6% | -7.6% | -11.6% | 2.7% | -4.5% | -17.7% | -17.4% | -4.9% | -40.5% | -39.2% | -85.6% | -18.8% | -35.0% | -16.1% | 33.9% | 13.2% | 18.7% | 10.3% | -36.4% | 26.6% | |
| Margins | ||||||||||||||||||||||||||||||
| 62.1% | 73.4% | 62.9% | 58.4% | 75.4% | 64.1% | 64.3% | 71.1% | 68.1% | 74.6% | 71.0% | 67.7% | 69.0% | 60.8% | 34.6% | 38.3% | 23.8% | 34.8% | 40.2% | -8.6% | -17.6% | 15.5% | 29.7% | 16.5% | -4.4% | 50.7% | 63.4% | 47.0% | 45.9% | 31.9% | |
| 27.3% | 39.1% | -15.6% | 1.9% | 46.0% | 29.8% | 23.3% | 38.9% | 35.1% | 33.3% | 38.4% | 32.3% | 13.2% | -15.7% | 37.1% | 27.4% | -1.3% | 16.3% | 46.2% | -38.2% | -89.6% | -13.0% | 51.0% | -4.4% | -94.9% | 8.0% | 47.2% | 41.7% | 40.3% | 26.1% | |
| 17.4% | 25.4% | -11.1% | 0.1% | 28.4% | 19.5% | 14.0% | 24.3% | 21.4% | 20.5% | 24.1% | 19.2% | 6.7% | -11.9% | 21.5% | 15.4% | -3.5% | 7.5% | 26.4% | -29.6% | -64.2% | -12.8% | 31.0% | -11.8% | -67.9% | 1.4% | 33.2% | 34.6% | 28.8% | 20.5% | |
| -5.5% | -42.2% | -16.6% | 0.7% | 13.8% | -20.9% | -21.9% | 1.0% | -7.2% | 18.7% | -32.8% | -19.2% | -11.5% | 6.8% | -18.8% | -62.2% | -38.6% | -12.2% | -42.1% | -34.6% | -191.5% | -36.7% | -37.5% | -12.8% | 20.9% | 18.5% | 24.1% | 20.1% | -61.1% | 18.2% | |
| Returns | ||||||||||||||||||||||||||||||
| 13.8% | 15.6% | -6.5% | 0.0% | 22.2% | 14.1% | 9.2% | 24.5% | 19.1% | 26.7% | 25.6% | 22.0% | 7.7% | -10.2% | 16.2% | 14.7% | -3.8% | 10.6% | 29.1% | -24.2% | -30.3% | -6.7% | 17.4% | -6.8% | -37.9% | 1.8% | 36.0% | 22.6% | 18.2% | 13.5% | |
| 7.2% | 10.9% | -4.8% | 0.0% | 17.3% | 9.3% | 5.1% | 13.0% | 9.8% | 12.0% | 10.0% | 7.4% | 3.2% | -4.2% | 7.2% | 5.7% | -1.3% | 3.6% | 10.2% | -8.0% | -11.9% | -2.6% | 8.0% | -3.0% | -15.4% | 0.7% | 19.5% | 12.8% | 9.0% | 7.0% | |
| Balance Sheet & Debt | ||||||||||||||||||||||||||||||
| – | – | – | – | 15 | 60 | 102 | 96 | 130 | 85 | 437 | 529 | 581 | 444 | 401 | 209 | 383 | 1,371 | 2,439 | 2,518 | 3,004 | 2,767 | 2,581 | 2,752 | 2,226 | 1,755 | 1,137 | 975 | 2,799 | 2,405 | |
| – | – | – | – | 0.1 | 0.5 | 1.0 | 0.4 | 0.5 | 0.2 | 0.9 | 1.0 | 1.2 | 2.6 | 0.6 | 0.2 | 0.5 | 1.2 | 1.3 | 7.7 | – | 7.1 | 1.7 | 3.7 | – | 1.8 | 0.5 | 0.6 | 1.5 | 1.1 | |
| 52.1% | 70.1% | 73.0% | 81.9% | 77.7% | 65.5% | 55.8% | 53.1% | 51.2% | 44.9% | 39.1% | 33.6% | 41.8% | 41.2% | 44.4% | 38.5% | 33.7% | 34.2% | 35.1% | 33.0% | 39.1% | 38.8% | 46.0% | 43.7% | 40.5% | 39.4% | 54.0% | 56.7% | 49.4% | 52.0% | |
| – | – | – | – | 0.1 | 0.2 | 0.4 | 0.3 | 0.3 | 0.2 | 0.6 | 0.7 | 0.5 | 0.5 | 0.3 | 0.2 | 0.3 | 1.0 | 1.1 | 1.4 | 1.2 | 1.3 | 0.9 | 1.0 | 1.1 | 1.0 | 0.5 | 0.4 | 0.7 | 0.6 | |
| Per Share | ||||||||||||||||||||||||||||||
| 0.29 | 0.54 | -0.20 | 0.00 | 0.98 | 0.71 | 0.49 | 1.34 | 1.38 | 2.27 | 2.88 | 2.93 | 1.38 | -1.59 | 3.04 | 3.19 | -0.83 | 2.51 | 9.79 | -6.61 | -9.90 | -1.44 | 4.48 | -1.66 | -6.72 | 0.29 | 8.96 | 6.86 | 6.67 | 5.63 | |
| 1.69 | 2.13 | 1.82 | 1.68 | 3.46 | 3.63 | 3.46 | 5.54 | 6.47 | 11.06 | 11.94 | 15.27 | 20.61 | 13.32 | 14.13 | 20.77 | 23.52 | 33.32 | 37.06 | 22.35 | 15.42 | 11.31 | 14.45 | 14.09 | 9.90 | 21.00 | 26.96 | 19.82 | 23.12 | 27.43 | |
| 2.13 | 3.46 | 3.08 | 4.23 | 4.42 | 5.01 | 5.27 | 5.50 | 7.24 | 8.51 | 11.27 | 13.31 | 17.86 | 15.59 | 18.84 | 21.65 | 21.71 | 23.63 | 33.61 | 27.35 | 32.61 | 21.49 | 25.73 | 24.43 | 17.73 | 16.68 | 24.87 | 30.32 | 36.68 | 41.83 | |
| -0.09 | -0.90 | -0.30 | 0.01 | 0.48 | -0.76 | -0.76 | 0.06 | -0.46 | 2.07 | -3.91 | -2.93 | -2.36 | 0.91 | -2.66 | -12.91 | -9.08 | -4.07 | -15.62 | -7.73 | -29.53 | -4.15 | -5.43 | -1.80 | 2.07 | 3.89 | 6.50 | 3.98 | -14.12 | 4.98 | |
Data as of: September 25, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.