SM Energy Past Earnings Performance

Past criteria checks 2/6

SM Energy has been growing earnings at an average annual rate of 50.8%, while the Oil and Gas industry saw earnings growing at 38.4% annually. Revenues have been growing at an average rate of 12.5% per year. SM Energy's return on equity is 18.7%, and it has net margins of 28.7%.

Key information

50.8%

Earnings growth rate

51.8%

EPS growth rate

Oil and Gas Industry Growth33.7%
Revenue growth rate12.5%
Return on equity18.7%
Net Margin28.7%
Last Earnings Update31 Mar 2025

Recent past performance updates

Recent updates

SM Energy: FCF Generation Remains Solid At High-$50s Oil

May 03

Why Investors Shouldn't Be Surprised By SM Energy Company's (NYSE:SM) 26% Share Price Plunge

Apr 09
Why Investors Shouldn't Be Surprised By SM Energy Company's (NYSE:SM) 26% Share Price Plunge

SM Energy: Exploring The Factors Behind The Recent -20% Fall

Apr 07

Is SM Energy (NYSE:SM) A Risky Investment?

Mar 25
Is SM Energy (NYSE:SM) A Risky Investment?

SM Energy: A Look At Its Outlook For 2025

Feb 22

Investors Aren't Buying SM Energy Company's (NYSE:SM) Earnings

Feb 21
Investors Aren't Buying SM Energy Company's (NYSE:SM) Earnings

SM Energy: Driving Growth With Innovation And Oil Market Tailwinds

Jan 28

SM Energy (NYSE:SM) Has A Pretty Healthy Balance Sheet

Nov 24
SM Energy (NYSE:SM) Has A Pretty Healthy Balance Sheet

SM Energy: Works On Integrating Its Uinta Basin Assets

Nov 23

SM Energy Company (NYSE:SM) Looks Inexpensive But Perhaps Not Attractive Enough

Oct 19
SM Energy Company (NYSE:SM) Looks Inexpensive But Perhaps Not Attractive Enough

SM Energy: Production Should Be Close To 200,000 BOEPD After Uinta Basin Deals (Rating Upgrade)

Sep 20

SM Energy: Robust E&P Companies Better Than Outright WTI In Today's Environment

Sep 13
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Strategic Expansion And Operational Efficiency Propel Oil Giant Toward Bright Financial Horizon

Aug 29 Enhanced revenue from successful development in the Woodford-Barnett area and strategic debt reduction to improve the balance sheet and shareholder value.

SM Energy: Pivot From The Permian

Aug 09

SM Energy: Power Up The Oil And Gas Industry

Jul 12

We Like These Underlying Return On Capital Trends At SM Energy (NYSE:SM)

Jun 29
We Like These Underlying Return On Capital Trends At SM Energy (NYSE:SM)

Is SM Energy (NYSE:SM) A Risky Investment?

Jun 11
Is SM Energy (NYSE:SM) A Risky Investment?

SM Energy's Capital Efficiency Creates An Attractive Opportunity

May 13

There Is A Reason SM Energy Company's (NYSE:SM) Price Is Undemanding

Apr 24
There Is A Reason SM Energy Company's (NYSE:SM) Price Is Undemanding

The Return Trends At SM Energy (NYSE:SM) Look Promising

Mar 22
The Return Trends At SM Energy (NYSE:SM) Look Promising

SM Energy: Reviewing Its Outlook For 2024

Feb 23

These 4 Measures Indicate That SM Energy (NYSE:SM) Is Using Debt Extensively

Feb 15
These 4 Measures Indicate That SM Energy (NYSE:SM) Is Using Debt Extensively

Are Investors Undervaluing SM Energy Company (NYSE:SM) By 41%?

Jan 16
Are Investors Undervaluing SM Energy Company (NYSE:SM) By 41%?

SM Energy (NYSE:SM) Will Pay A Larger Dividend Than Last Year At $0.18

Jan 01
SM Energy (NYSE:SM) Will Pay A Larger Dividend Than Last Year At $0.18

SM Energy: Strong Free Cash Flow At An Attractive Valuation

Dec 28

Little Excitement Around SM Energy Company's (NYSE:SM) Earnings

Dec 22
Little Excitement Around SM Energy Company's (NYSE:SM) Earnings

Is SM Energy (NYSE:SM) A Risky Investment?

Nov 12
Is SM Energy (NYSE:SM) A Risky Investment?

SM Energy (NYSE:SM) Is Due To Pay A Dividend Of $0.15

Oct 22
SM Energy (NYSE:SM) Is Due To Pay A Dividend Of $0.15

SM Energy May Generate Over $700 Million In 2024 Free Cash Flow

Oct 19

Revenue & Expenses Breakdown

How SM Energy makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:SM Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 252,8598212050
31 Dec 242,5747702020
30 Sep 242,3378291970
30 Jun 242,3378111890
31 Mar 242,2577511830
31 Dec 232,2698181810
30 Sep 232,3278291720
30 Jun 232,5221,0881750
31 Mar 232,9501,2621820
31 Dec 223,1961,1121700
30 Sep 223,3711,2781750
30 Jun 223,2968831670
31 Mar 222,8723361510
31 Dec 212,502361510
30 Sep 211,995-5541330
30 Jun 211,516-7381320
31 Mar 211,145-6041350
31 Dec 201,081-7651400
30 Sep 201,205-7011620
30 Jun 201,299-5611740
31 Mar 201,532-4211790
31 Dec 191,525-1871840
30 Sep 191,4712251760
30 Jun 191,537471750
31 Mar 191,533131760
31 Dec 181,5735081720
30 Sep 181,5191721800
30 Jun 181,3652191790
31 Mar 181,254821780
31 Dec 171,208-1611770
30 Sep 171,214-3361770
30 Jun 171,245-2871810
31 Mar 171,246-3361800
31 Dec 161,128-7581920
30 Sep 161,081-8972070
30 Jun 161,119-8532170
31 Mar 161,262-7422390
31 Dec 151,442-4482690
30 Sep 151,7532242990
30 Jun 152,0244303190
31 Mar 152,2645473180
31 Dec 142,3946662970
30 Sep 142,5233412650
30 Jun 142,5182032390

Quality Earnings: SM has a high level of non-cash earnings.

Growing Profit Margin: SM's current net profit margins (28.7%) are lower than last year (33.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SM has become profitable over the past 5 years, growing earnings by 50.8% per year.

Accelerating Growth: SM's earnings growth over the past year (9.4%) is below its 5-year average (50.8% per year).

Earnings vs Industry: SM earnings growth over the past year (9.4%) exceeded the Oil and Gas industry -20.3%.


Return on Equity

High ROE: SM's Return on Equity (18.7%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/04 02:03
End of Day Share Price 2025/05/02 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

SM Energy Company is covered by 55 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Joseph AllmanBaird
Jeffrey RobertsonBarclays
Rudolf HokansonBarrington Research Associates, Inc.