SM — SM Energy Company price, chart and key statistics

Price data

Price

$39.50

YTD price return

+111.23%

YTD total return

+115.76%

Next earnings

Nov 3, 2026 · After close

Market cap

9.4B2016-12 3B2026-10 9.4B+213.7% over the window

Enterprise value

16.4B

Shares outstanding

237.9M2016-06 68.5M2026-06 237.9M+247.4% over the window

52W low

$17.45

52W high

$41.56

From 52W high

-4.96%

From 52W low

+126.36%

52W range

91%

Volume

Rel volume

0.78×

30D volume

3.5M

30D $ vol

129.5M

Fundamentals

Sales (ttm)

5.5B2016-06 1.2B2026-06 5.5B+373.8% over the window

Sales/share

$23.102016-06 $16.942026-06 $23.10+36.4% over the window

EPS (ttm)

$5.982016-06 -$12.532026-06 $5.98-147.7% over the window

FCF (ttm)

2B2015-12 982.8M2025-12 2B+101.2% over the window

FCF/share

$8.312015-12 $14.442025-12 $8.29-42.5% over the window

Book value/share

$32.852016-06 $19.702026-06 $32.85+66.7% over the window

Net margin

18.20%2016-06 -73.6%2026-06 18.2%-124.7% over the window

ROE

12.80%2016-06 -63.2%2026-06 12.8%-120.2% over the window

ROA

5.30%2016-06 -16.9%2026-06 5.3%-131.4% over the window

Debt / equity

0.90×2019-12 0.952026-06 0.90-5.2% over the window

Current ratio

0.622016-06 0.952026-06 0.62-35.2% over the window

Growth (CAGR, ttm) · 10Y

Sales

+75.44%2025-06-30 → 2026-06-303.1B → 5.5B (+75.4% total)+27.82%2023-06-30 → 2026-06-302.6B → 5.5B (+108.9% total)+27.85%2021-06-30 → 2026-06-301.6B → 5.5B (+241.5% total)+16.83%2016-06-30 → 2026-06-301.2B → 5.5B (+373.8% total)

Net income

+23.10%2025-06-30 → 2026-06-30812.5M → 1B (+23.1% total)-2.77%2023-06-30 → 2026-06-301.1B → 1B (-8.1% total)n/an/a

FCF

n/a+5.44%2022-12-31 → 2025-12-311.7B → 2B (+17.2% total)+20.35%2020-12-31 → 2025-12-31783.1M → 2B (+152.5% total)+7.24%2015-12-31 → 2025-12-31982.8M → 2B (+101.2% total)

Shares

+107.02%2025-06-30 → 2026-06-30115M → 237.9M (+106.9% total)+26.08%2023-06-30 → 2026-06-30118.7M → 237.9M (+100.4% total)+14.43%2021-06-30 → 2026-06-30121.2M → 237.9M (+96.2% total)+13.26%2016-06-30 → 2026-06-3068.5M → 237.9M (+247.4% total)

Per-share growth (CAGR, ttm) · 10Y

EPS

-15.06%2025-06-30 → 2026-06-30$7.04 → $5.98 (-15.1% total)-12.35%2023-06-30 → 2026-06-30$8.88 → $5.98 (-32.7% total)n/an/a

Sales/share

-15.25%2025-06-30 → 2026-06-30$27.26 → $23.10 (-15.2% total)+1.38%2023-06-30 → 2026-06-30$22.17 → $23.10 (+4.2% total)+11.72%2021-06-30 → 2026-06-30$13.27 → $23.10 (+74.1% total)+3.15%2016-06-30 → 2026-06-30$16.94 → $23.10 (+36.4% total)

FCF/share

n/a-15.67%2022-12-31 → 2025-12-31$13.83 → $8.29 (-40.0% total)+3.98%2020-12-31 → 2025-12-31$6.82 → $8.29 (+21.5% total)-5.39%2015-12-31 → 2025-12-31$14.44 → $8.29 (-42.5% total)

Book value/share

-17.75%2025-06-30 → 2026-06-30$39.93 → $32.85 (-17.7% total)+5.72%2023-06-30 → 2026-06-30$27.80 → $32.85 (+18.2% total)+20.73%2021-06-30 → 2026-06-30$12.81 → $32.85 (+156.5% total)+5.25%2016-06-30 → 2026-06-30$19.70 → $32.85 (+66.7% total)

Dividend/share

+30.02%2025-06-30 → 2026-06-30$0.80 → $1.04 (+30.0% total)+20.12%2023-06-30 → 2026-06-30$0.60 → $1.04 (+73.3% total)+120.42%2021-06-30 → 2026-06-30$0.02 → $1.04 (+5100.0% total)+26.39%2016-06-30 → 2026-06-30$0.10 → $1.04 (+940.0% total)

Price

+81.35%2025-10-16 → 2026-10-16$21.79 → $39.50 (+81.3% total)Price appreciation from split-adjusted daily closes, excluding dividends; endpoints are exact trading-day anniversaries of the latest close.-2.14%2023-10-16 → 2026-10-16$42.15 → $39.50 (-6.3% total)Price appreciation from split-adjusted daily closes, excluding dividends; endpoints are exact trading-day anniversaries of the latest close.+6.31%2021-10-15 → 2026-10-16$29.09 → $39.50 (+35.8% total)Price appreciation from split-adjusted daily closes, excluding dividends; endpoints are exact trading-day anniversaries of the latest close.+0.15%2016-10-14 → 2026-10-16$38.90 → $39.50 (+1.5% total)Price appreciation from split-adjusted daily closes, excluding dividends; endpoints are exact trading-day anniversaries of the latest close.

Total return

+88.96%2025-10-16 → 2026-10-16$20.91 → $39.50 (+88.9% total)Total return with dividends reinvested (adjusted daily closes); endpoints are exact trading-day anniversaries of the latest close. The gap against the Price row is the dividend contribution.+0.61%2023-10-16 → 2026-10-16$38.78 → $39.50 (+1.8% total)Total return with dividends reinvested (adjusted daily closes); endpoints are exact trading-day anniversaries of the latest close. The gap against the Price row is the dividend contribution.+8.48%2021-10-15 → 2026-10-16$26.29 → $39.50 (+50.2% total)Total return with dividends reinvested (adjusted daily closes); endpoints are exact trading-day anniversaries of the latest close. The gap against the Price row is the dividend contribution.+1.50%2016-10-14 → 2026-10-16$34.02 → $39.50 (+16.1% total)Total return with dividends reinvested (adjusted daily closes); endpoints are exact trading-day anniversaries of the latest close. The gap against the Price row is the dividend contribution.

Fundamentals end at the last reported quarter; price and total return end at the latest close.

Valuation

P/E (ttm)Price ÷ TTM diluted EPS. Net income carries everything below the operating line, including one-off gains. Negative when the trailing year lost money.

6.6×2016-12 -3.342026-10 9.39-381.4% over the window

P/OI (ttm)Price ÷ TTM operating income. Excludes the below-the-line items that make P/E jump — mark-to-market gains, settlements, tax true-ups.

5.8×2016-12 -2.342026-10 5.78-346.9% over the window

Fwd P/E

4.6×

P/S (ttm)Market cap ÷ TTM revenue.

1.7×2016-12 2.622026-10 1.71-34.9% over the window

P/B (mrq)Market cap ÷ stockholders' equity at the most recent quarter end.

1.2×2016-12 1.622026-10 1.20-25.8% over the window

P/FCF (ttm)Market cap ÷ TTM free cash flow (operating cash flow − capex).

4.8×2016-12 3.052026-10 4.75+55.9% over the window

EV/EBITDA (fy)

10.1×

EV/Sales (ttm)

3.0×

FCF yield (ttm)TTM free cash flow ÷ market cap — the inverse of P/FCF.

21.04%2016-12 -54.5%2025-12 44.4%-181.5% over the window

Dividend yield (fwd)Indicated annual dividend ÷ last close: the last regular payment × payments a year, from our own dividend record. Shown only for a company that pays the same amount each time (raises and cuts allowed), whose payments are on schedule and agree with the dividends it reports paying; a company whose payments vary in size, such as an unequal interim and final, has no forward figure — see the ttm yield.

2.23%

Dividend yield (ttm)Dividends paid over the last year ÷ last close: the last full cycle of regular payments in our own dividend record. Below the forward yield after a raise, above it after a cut. Shown only when the record holds that full cycle and it agrees with the dividends the company reports paying; otherwise —.

2.18%

Dividend/share (fwd)The indicated annual dividend: the last regular payment × payments a year, for a company that pays the same amount each time.

$0.88

Buyback yield (realized, 1y)1 − shares_at(2026-06-30) ÷ shares_at(2025-06-30) = 1 − 237.9M ÷ 115.0M. Point-in-time share counts from the company's own SEC filings (the same count at both ends), published only when the cash flow statement shows repurchases inside that window. A falling price can't inflate it; negative means net dilution.

-107.02%

Shareholder yield (realized, 1y)Buyback leg + dividend leg: shares retired over the year (-107.02%) + dividends paid over that year ($181M) ÷ market_cap_at(2025-06-30) ($2.8B). Both legs are measured against the start of the window, so a payout can't shrink its own denominator.

-100.64%

Buyback yield (cash, ttm)Buybacks net of issuance over the trailing twelve months ($97.9M) ÷ today's market cap ($9.4B). Dollars SPENT over what the company is worth NOW — a stock that fell after buying reads high.

1.04%2016-09 -17.9%2026-06 1.6%-108.8% over the window

Shareholder yield (cash, ttm)(TTM buybacks net of issuance $97.9M + TTM dividends $181M) ÷ today's market cap ($9.4B). Same caveat as the cash buyback yield.

2.97%2016-09 -17.6%2026-06 4.5%-125.5% over the window

Vs own 10Y history

P/E

69th

P/OI

69th

P/S

64th

P/B

64th

P/FCF

87th