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
19.72 USD
+0.18 (+0.92%)
Pre-Market: 2/6/2026, 9:22:24 AM
Fundamental Rating

5

Overall SM gets a fundamental rating of 5 out of 10. We evaluated SM against 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 is not valued too expensively and it also shows a decent growth rate. SM also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • In the past year SM was profitable.
  • In the past year SM had a positive cash flow from operations.
  • Of the past 5 years SM 4 years were profitable.
  • 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's Return On Assets of 8.00% is amongst the best of the industry. SM outperforms 82.13% of its industry peers.
  • The Return On Equity of SM (15.43%) is better than 79.23% of its industry peers.
  • With an excellent Return On Invested Capital value of 10.83%, SM belongs to the best of the industry, outperforming 86.47% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for SM 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

  • SM's Profit Margin of 22.03% is fine compared to the rest of the industry. SM outperforms 79.23% of its industry peers.
  • SM's Profit Margin has improved in the last couple of years.
  • The Operating Margin of SM (30.85%) is better than 76.81% of its industry peers.
  • SM's Operating Margin has improved in the last couple of years.
  • SM has a better Gross Margin (72.96%) than 83.57% of its industry peers.
  • SM's Gross Margin has improved in the last couple of years.
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

  • With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), SM is creating value.
  • Compared to 1 year ago, SM has less shares outstanding
  • The number of shares outstanding for SM has been increased compared to 5 years ago.
  • SM has a worse debt/assets ratio than last year.
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

  • SM has an Altman-Z score of 1.47. This is a bad value and indicates that SM is not financially healthy and even has some risk of bankruptcy.
  • SM has a Altman-Z score of 1.47. This is comparable to the rest of the industry: SM outperforms 55.56% of its industry peers.
  • SM has a Debt/Equity ratio of 0.49. This is a healthy value indicating a solid balance between debt and equity.
  • Looking at the Debt to Equity ratio, with a value of 0.49, SM is in line with its industry, 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
WACC7.68%
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.
  • SM has a worse Current ratio (0.56) than 81.64% of its industry peers.
  • A Quick Ratio of 0.56 indicates that SM may have some problems paying 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.
  • SM shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 54.53% yearly.
  • Looking at the last year, SM shows a very strong growth in Revenue. The Revenue has grown by 34.93%.
  • The Revenue has been growing by 11.10% on average over the past years. This is quite good.
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

  • The Earnings Per Share is expected to decrease by -7.34% on average over the next years.
  • The Revenue is expected to grow by 5.00% on average over the next years.
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

More info and screens

Find the best growth stocksShow best growing peers

6

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 3.01 indicates a rather cheap valuation of SM.
  • 98.07% of the companies in the same industry are more expensive than SM, based on the Price/Earnings ratio.
  • The average S&P500 Price/Earnings ratio is at 27.67. SM is valued rather cheaply when compared to this.
  • Based on the Price/Forward Earnings ratio of 5.41, the valuation of SM can be described as very cheap.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of SM indicates a rather cheap valuation: SM is cheaper than 97.10% of the companies listed in the same industry.
  • When comparing the Price/Forward Earnings ratio of SM to the average of the S&P500 Index (27.20), we can say 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

  • Based on the Enterprise Value to EBITDA ratio, SM is valued cheaper than 98.07% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 2.21
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

  • The excellent profitability rating of SM may justify a higher PE ratio.
  • A cheap valuation may be justified as SM's earnings are expected to decrease with -8.42% in the coming years.
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

  • With a Yearly Dividend Yield of 4.24%, SM is a good candidate for dividend investing.
  • SM's Dividend Yield is a higher than the industry average which is at 3.65.
  • SM's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
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 been paying a dividend for at least 10 years, so it has 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, 8:04:00 PM)

Premarket: 19.72 +0.18 (+0.92%)

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 2.21
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
WACC7.68%
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%.