SM Energy Company (SM) Stock

About SM Energy Company

SM Energy Company is led by CEO Elizabeth Anne McDonald, employs 1,241 people, headquartered in Denver, US, publicly traded since 1992.

SM Energy Company (SM) stock trades at $40.11 with a market capitalization of $9.54B. The stock is valued at a price-to-earnings (P/E) ratio of 9.11, price-to-book of 1.08, price-to-sales of 1.53. Over the past 52 weeks the stock has ranged between $17.45 and $41.56, and currently trades 3.5% below its 52-week high. It pays a dividend yielding 2.50%.

On profitability, SM Energy Company generates a return on equity (ROE) of 16.53%, above the typical market range of roughly 12-15%, return on capital employed of 9.19%, an operating margin of 26.06%, a net profit margin of 18.16%.

SM Energy Company by the numbers, 2016–2025

Between 2016 and 2025 SM Energy Company reported revenue of $1.2B rising to $3.2B, a change of +167.3% across 10 years. Compounded, revenue has grown 22.9% a year over five years, -1.9% over three, 18.1% over the last twelve months. Net profit rose to $648.0M.

Operating margin went from -89.5% in 2016 to 26.1% in 2025, a gain of 115.6 percentage points. The most recent net margin is 18.16%. On a trailing twelve-month basis to Jun '26, revenue is $5.5B and net profit $1.0B.

Borrowings held roughly flat from $2.9B to $2.9B, cash from operations was $2.0B in the latest year, positive in 10 of the last 10.

Return on equity has averaged 18.4% over five years, and was 13.5% in the most recent year.

The share price itself has compounded at —% a year over five years, —% over three, —% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

SM Energy Company (SM) — frequently asked questions