---
title: "SM Energy (SM.US) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/SM.US/norm.md"
symbol: "SM.US"
name: "SM Energy"
parent: "https://longbridge.com/en/quote/SM.US.md"
datetime: "2026-05-21T16:50:12.249Z"
locales:
  - [en](https://longbridge.com/en/quote/SM.US/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/SM.US/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/SM.US/norm.md)
---

# SM Energy (SM.US) — Financial Reports

## Income Statement (USD)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | -1.68 | 0.9476 | 1.35 | 1.76 | 1.58 |
| ROE | -22.95% | 9.15% | 13.34% | 17.94% | 16.85% |
| Revenue | 1.40B | 678.22M | 778.37M | 762.74M | 808.00M |
| Net income | -335.00M | 108.98M | 155.09M | 201.66M | 182.00M |
| Operating income | -66.00M | 182.32M | 246.48M | 294.91M | 277.00M |
| Gross margin | 76.32% | 137.70% | 76.14% | 75.93% | 77.23% |
| Net margin | -23.96% | 16.07% | 19.92% | 26.44% | 22.52% |
| Profit quality | -10.31% | 40.34% | 48.81% | 51.63% | 57.35% |

## Balance Sheet (USD)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 19.14B | 9.25B | 9.09B | 8.99B | 8.79B |
| Leverage | 2.79 | 1.92 | 1.93 | 1.96 | 2.00 |
| BVPS | 28.65 | 41.96 | 41.14 | 40.04 | 38.47 |
| Turnover | 0.2590 | 0.3395 | 0.3700 | 0.3837 | 0.3786 |
| Cash & STI | 449.00M | 368.00M | 162.25M | 101.88M | 54000.00 |
| Inv & Rec | - | - | - | - | - |
| LT assets | 16.43B | 8.41B | 8.26B | 8.26B | 8.16B |
| Net debt | 8.11B | 2.48B | 2.58B | 2.63B | 2.77B |

## Cash Flow Statement (USD)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 640.00M | 451.91M | 504.96M | 571.14M | 483.00M |
| Investing CF | -628.00M | -224.23M | -404.81M | -410.20M | -429.00M |
| Financing CF | 69.00M | -21.94M | -39.77M | -59.12M | -54.00M |
| Free CF | 1.31B | 247.63M | -43.18M | 86.22M | 29.55M |
| OCF coverage | 43.84% | 179.34% | 82.47% | 57.19% | 36.45% |
| Repaid & issued | 1.00B | 500000.00 | 185.00M | 528.00M | 857.00M |
| CapEx | -555.00M | -228.76M | -404.28M | -410.20M | -414.00M |

## Distribution Plan

**Dividend Yield**: 2.41

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.22USD | 2026-03-09 | 2026-03-09 | 2026-03-23 |
| Cash Dividend: 
0.2USD | 2025-12-26 | 2025-12-26 | 2026-01-09 |
| Cash Dividend: 
0.2USD | 2025-10-17 | 2025-10-17 | 2025-11-03 |