SM ENERGY CO (SM) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:SM • US78454L1008

19.54 USD
-0.5 (-2.5%)
At close: Feb 5, 2026
19.54 USD
0 (0%)
After Hours: 2/5/2026, 4:43:32 PM
Fundamental Rating

5

Taking everything into account, SM scores 5 out of 10 in our fundamental rating. SM was compared to 207 industry peers in the Oil, Gas & Consumable Fuels industry. While SM belongs to the best of the industry regarding profitability, there are concerns on its financial health. SM has a decent growth rate and is not valued too expensively. SM also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • SM had positive earnings in the past year.
  • SM had a positive operating cash flow in the past year.
  • SM had positive earnings in 4 of the past 5 years.
  • SM had a positive operating cash flow in each of the past 5 years.
SM Yearly Net Income VS EBIT VS OCF VS FCFSM Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B -1B -2B

1.2 Ratios

  • SM has a better Return On Assets (8.00%) than 82.13% of its industry peers.
  • Looking at the Return On Equity, with a value of 15.43%, SM is in the better half of the industry, outperforming 79.23% of the companies in the same industry.
  • SM has a better Return On Invested Capital (10.83%) than 86.47% of its industry peers.
  • SM had an Average Return On Invested Capital over the past 3 years of 19.03%. This is below the industry average of 21.95%.
  • The 3 year average ROIC (19.03%) for SM is well above the current ROIC(10.83%). The reason for the recent decline needs to be investigated.
Industry RankSector Rank
ROA 8%
ROE 15.43%
ROIC 10.83%
ROA(3y)13.75%
ROA(5y)5.32%
ROE(3y)25.61%
ROE(5y)8.13%
ROIC(3y)19.03%
ROIC(5y)N/A
SM Yearly ROA, ROE, ROICSM Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20

1.3 Margins

  • Looking at the Profit Margin, with a value of 22.03%, SM is in the better half of the industry, outperforming 79.23% of the companies in the same industry.
  • In the last couple of years the Profit Margin of SM has grown nicely.
  • SM has a Operating Margin of 30.85%. This is in the better half of the industry: SM outperforms 76.81% of its industry peers.
  • In the last couple of years the Operating Margin of SM has grown nicely.
  • Looking at the Gross Margin, with a value of 72.96%, SM belongs to the top of the industry, outperforming 83.57% of the companies in the same industry.
  • In the last couple of years the Gross Margin of SM has grown nicely.
Industry RankSector Rank
OM 30.85%
PM (TTM) 22.03%
GM 72.96%
OM growth 3Y-4.43%
OM growth 5Y58.54%
PM growth 3Y174.7%
PM growth 5YN/A
GM growth 3Y-1.85%
GM growth 5Y2.19%
SM Yearly Profit, Operating, Gross MarginsSM Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. Health

2.1 Basic Checks

  • SM has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
  • SM has less shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, SM has more shares outstanding
  • The debt/assets ratio for SM is higher compared to a year ago.
SM Yearly Shares OutstandingSM Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
SM Yearly Total Debt VS Total AssetsSM Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B

2.2 Solvency

  • Based on the Altman-Z score of 1.47, we must say that SM is in the distress zone and has some risk of bankruptcy.
  • With a Altman-Z score value of 1.47, SM perfoms like the industry average, outperforming 54.59% of the companies in the same industry.
  • SM has a Debt/Equity ratio of 0.49. This is a healthy value indicating a solid balance between debt and equity.
  • With a Debt to Equity ratio value of 0.49, SM perfoms like the industry average, outperforming 46.86% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.49
Debt/FCF N/A
Altman-Z 1.47
ROIC/WACC1.41
WACC7.66%
SM Yearly LT Debt VS Equity VS FCFSM Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B 4B

2.3 Liquidity

  • SM has a Current Ratio of 0.56. This is a bad value and indicates that SM is not financially healthy enough and could expect problems in meeting its short term obligations.
  • With a Current ratio value of 0.56, SM is not doing good in the industry: 81.64% of the companies in the same industry are doing better.
  • SM has a Quick Ratio of 0.56. This is a bad value and indicates that SM is not financially healthy enough and could expect problems in meeting its short term obligations.
  • SM's Quick ratio of 0.56 is on the low side compared to the rest of the industry. SM is outperformed by 77.78% of its industry peers.
Industry RankSector Rank
Current Ratio 0.56
Quick Ratio 0.56
SM Yearly Current Assets VS Current LiabilitesSM Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. Growth

3.1 Past

  • The Earnings Per Share has been growing slightly by 0.46% over the past year.
  • Measured over the past years, SM shows a very strong growth in Earnings Per Share. The EPS has been growing by 54.53% on average per year.
  • Looking at the last year, SM shows a very strong growth in Revenue. The Revenue has grown by 34.93%.
  • Measured over the past years, SM shows a quite strong growth in Revenue. The Revenue has been growing by 11.10% on average per year.
EPS 1Y (TTM)0.46%
EPS 3Y54.53%
EPS 5YN/A
EPS Q2Q%-17.9%
Revenue 1Y (TTM)34.93%
Revenue growth 3Y0.85%
Revenue growth 5Y11.1%
Sales Q2Q%26.1%

3.2 Future

  • Based on estimates for the next years, SM will show a decrease in Earnings Per Share. The EPS will decrease by -7.34% on average per year.
  • Based on estimates for the next years, SM will show a small growth in Revenue. The Revenue will grow by 5.00% on average per year.
EPS Next Y-16.59%
EPS Next 2Y-27.07%
EPS Next 3Y-8.42%
EPS Next 5Y-7.34%
Revenue Next Year20.58%
Revenue Next 2Y50.17%
Revenue Next 3Y41.79%
Revenue Next 5Y5%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
SM Yearly Revenue VS EstimatesSM Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2B 4B 6B
SM Yearly EPS VS EstimatesSM Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 2 -2 4 6

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Find the best growth stocksShow best growing peers

6

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 3.01, the valuation of SM can be described as very cheap.
  • Based on the Price/Earnings ratio, SM is valued cheaply inside the industry as 98.07% of the companies are valued more expensively.
  • The average S&P500 Price/Earnings ratio is at 28.25. SM is valued rather cheaply when compared to this.
  • SM is valuated cheaply with a Price/Forward Earnings ratio of 5.41.
  • Based on the Price/Forward Earnings ratio, SM is valued cheaply inside the industry as 97.10% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.50, SM is valued rather cheaply.
Industry RankSector Rank
PE 3.01
Fwd PE 5.41
SM Price Earnings VS Forward Price EarningsSM Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • SM's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. SM is cheaper than 98.07% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 2.24
SM Per share dataSM EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 -10 20 30 40

4.3 Compensation for Growth

  • SM has an outstanding profitability rating, which may justify a higher PE ratio.
  • SM's earnings are expected to decrease with -8.42% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-27.07%
EPS Next 3Y-8.42%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. Dividend

5.1 Amount

  • SM has a Yearly Dividend Yield of 4.24%, which is a nice return.
  • SM's Dividend Yield is a higher than the industry average which is at 3.64.
  • Compared to an average S&P500 Dividend Yield of 1.82, SM pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.24%

5.2 History

  • The dividend of SM is nicely growing with an annual growth rate of 49.05%!
  • SM has paid a dividend for at least 10 years, which is a reliable track record.
  • SM has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)49.05%
Div Incr Years3
Div Non Decr Years4
SM Yearly Dividends per shareSM Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8

5.3 Sustainability

  • 12.60% of the earnings are spent on dividend by SM. This is a low number and sustainable payout ratio.
DP12.6%
EPS Next 2Y-27.07%
EPS Next 3Y-8.42%
SM Yearly Income VS Free CF VS DividendSM Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B -1B -2B
SM Dividend Payout.SM Dividend Payout, showing the Payout Ratio.SM Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

SM ENERGY CO

NYSE:SM (2/5/2026, 4:43:32 PM)

After market: 19.54 0 (0%)

19.54

-0.5 (-2.5%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-03
Earnings (Next)02-25
Inst Owners104.61%
Inst Owner Change-1.85%
Ins Owners1.48%
Ins Owner Change0.16%
Market Cap2.24B
Revenue(TTM)3.30B
Net Income(TTM)727.30M
Analysts77.14
Price Target34.42 (76.15%)
Short Float %7.16%
Short Ratio1.99
Dividend
Industry RankSector Rank
Dividend Yield 4.24%
Yearly Dividend0.74
Dividend Growth(5Y)49.05%
DP12.6%
Div Incr Years3
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.28%
Min EPS beat(2)0.33%
Max EPS beat(2)20.23%
EPS beat(4)3
Avg EPS beat(4)5.95%
Min EPS beat(4)-2.75%
Max EPS beat(4)20.23%
EPS beat(8)7
Avg EPS beat(8)7.84%
EPS beat(12)10
Avg EPS beat(12)6.82%
EPS beat(16)13
Avg EPS beat(16)8.65%
Revenue beat(2)0
Avg Revenue beat(2)-4.32%
Min Revenue beat(2)-6.86%
Max Revenue beat(2)-1.79%
Revenue beat(4)0
Avg Revenue beat(4)-3.29%
Min Revenue beat(4)-6.86%
Max Revenue beat(4)-1.06%
Revenue beat(8)1
Avg Revenue beat(8)-2.84%
Revenue beat(12)3
Avg Revenue beat(12)-1.96%
Revenue beat(16)7
Avg Revenue beat(16)4.31%
PT rev (1m)-1.22%
PT rev (3m)-14.74%
EPS NQ rev (1m)-7.27%
EPS NQ rev (3m)-16.38%
EPS NY rev (1m)-1.39%
EPS NY rev (3m)-2.19%
Revenue NQ rev (1m)-1.09%
Revenue NQ rev (3m)-4.42%
Revenue NY rev (1m)-0.3%
Revenue NY rev (3m)-1.49%
Valuation
Industry RankSector Rank
PE 3.01
Fwd PE 5.41
P/S 0.68
P/FCF N/A
P/OCF 1.05
P/B 0.47
P/tB 0.47
EV/EBITDA 2.24
EPS(TTM)6.5
EY33.27%
EPS(NY)3.61
Fwd EY18.48%
FCF(TTM)-13.64
FCFYN/A
OCF(TTM)18.66
OCFY95.47%
SpS28.82
BVpS41.14
TBVpS41.14
PEG (NY)N/A
PEG (5Y)N/A
Graham Number77.57
Profitability
Industry RankSector Rank
ROA 8%
ROE 15.43%
ROCE 12.8%
ROIC 10.83%
ROICexc 11.06%
ROICexgc 11.06%
OM 30.85%
PM (TTM) 22.03%
GM 72.96%
FCFM N/A
ROA(3y)13.75%
ROA(5y)5.32%
ROE(3y)25.61%
ROE(5y)8.13%
ROIC(3y)19.03%
ROIC(5y)N/A
ROICexc(3y)20.6%
ROICexc(5y)N/A
ROICexgc(3y)20.6%
ROICexgc(5y)N/A
ROCE(3y)22.49%
ROCE(5y)N/A
ROICexgc growth 3Y-22.74%
ROICexgc growth 5Y66.18%
ROICexc growth 3Y-22.74%
ROICexc growth 5Y66.18%
OM growth 3Y-4.43%
OM growth 5Y58.54%
PM growth 3Y174.7%
PM growth 5YN/A
GM growth 3Y-1.85%
GM growth 5Y2.19%
F-Score6
Asset Turnover0.36
Health
Industry RankSector Rank
Debt/Equity 0.49
Debt/FCF N/A
Debt/EBITDA 1.06
Cap/Depr 322.04%
Cap/Sales 112.06%
Interest Coverage 6
Cash Conversion 98.61%
Profit Quality N/A
Current Ratio 0.56
Quick Ratio 0.56
Altman-Z 1.47
F-Score6
WACC7.66%
ROIC/WACC1.41
Cap/Depr(3y)242.28%
Cap/Depr(5y)177.04%
Cap/Sales(3y)66.47%
Cap/Sales(5y)54.92%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)0.46%
EPS 3Y54.53%
EPS 5YN/A
EPS Q2Q%-17.9%
EPS Next Y-16.59%
EPS Next 2Y-27.07%
EPS Next 3Y-8.42%
EPS Next 5Y-7.34%
Revenue 1Y (TTM)34.93%
Revenue growth 3Y0.85%
Revenue growth 5Y11.1%
Sales Q2Q%26.1%
Revenue Next Year20.58%
Revenue Next 2Y50.17%
Revenue Next 3Y41.79%
Revenue Next 5Y5%
EBIT growth 1Y7.44%
EBIT growth 3Y-3.62%
EBIT growth 5Y76.14%
EBIT Next Year107.69%
EBIT Next 3Y57.01%
EBIT Next 5Y19%
FCF growth 1Y-803.56%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y54.15%
OCF growth 3Y15.4%
OCF growth 5Y16.7%

SM ENERGY CO / SM FAQ

Can you provide the ChartMill fundamental rating for SM ENERGY CO?

ChartMill assigns a fundamental rating of 5 / 10 to SM.


What is the valuation status for SM stock?

ChartMill assigns a valuation rating of 6 / 10 to SM ENERGY CO (SM). This can be considered as Fairly Valued.


How profitable is SM ENERGY CO (SM) stock?

SM ENERGY CO (SM) has a profitability rating of 8 / 10.


How financially healthy is SM ENERGY CO?

The financial health rating of SM ENERGY CO (SM) is 2 / 10.


How sustainable is the dividend of SM ENERGY CO (SM) stock?

The dividend rating of SM ENERGY CO (SM) is 7 / 10 and the dividend payout ratio is 12.6%.