Latest Ratios: P/E Ratio 7.1x · EV/EBITDA 4.0x · ROE 14.5%. (2005–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $496M | $533M | $435M | $508M | $633M | $390M | $111M | $150M | $267M | $688M | $12.3B |
| Enterprise Value | $385M | $422M | $337M | $255M | $377M | $253M | $109M | $203M | $249M | $627M | $12.5B |
| P/E Ratio → | 7.09 | 7.59 | 6.93 | 8.34 | 2.61 | 3.34 | — | — | — | 14.63 | — |
| P/S Ratio | 3.17 | 3.41 | 3.48 | 3.42 | 2.49 | 2.31 | 0.96 | 0.56 | 0.76 | 1.93 | 15.99 |
| P/B Ratio | 0.97 | 1.04 | 0.95 | 1.08 | 1.30 | 1.59 | 0.86 | 0.37 | 0.31 | 0.82 | 23.96 |
| P/FCF | 15.28 | 16.41 | 9.16 | 6.51 | 5.31 | 3.95 | 4.67 | — | — | — | — |
| P/OCF | 4.95 | 5.32 | 5.89 | 4.39 | 3.84 | 3.54 | 3.06 | 1.24 | 1.83 | 3.80 | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.70 | 2.69 | 1.72 | 1.48 | 1.50 | 0.94 | 0.76 | 0.71 | 1.75 | 16.23 |
| EV / EBITDA | 3.96 | 4.34 | 5.13 | 2.96 | 1.95 | 1.95 | — | — | 1.93 | 3.65 | — |
| EV / EBIT | 7.10 | 7.77 | 8.25 | 3.41 | 2.22 | 2.57 | — | — | — | 14.54 | — |
| EV / FCF | — | 12.99 | 7.10 | 3.27 | 3.16 | 2.56 | 4.58 | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 43.1% | 43.1% | 36.7% | 49.6% | 70.5% | 63.7% | 3.3% | -0.8% | 28.0% | 30.5% | 9.5% |
| Operating Margin | 34.7% | 34.7% | 26.5% | 43.2% | 69.0% | 67.6% | -237.9% | -167.4% | -3.0% | 11.1% | -604.0% |
| Net Profit Margin | 44.9% | 44.9% | 50.3% | 40.9% | 95.2% | 69.1% | -241.2% | -168.4% | -2.6% | 13.2% | -481.0% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 14.5% | 14.5% | 13.6% | 12.7% | 66.1% | 62.5% | -104.6% | -71.9% | -1.1% | 7.0% | -720.9% |
| ROA | 11.5% | 11.5% | 10.9% | 10.4% | 50.8% | 38.0% | -63.9% | -55.1% | -0.8% | 4.3% | -181.6% |
| ROIC | 10.7% | 10.7% | 8.6% | 21.5% | 77.3% | 73.1% | -70.5% | -52.1% | -1.0% | 4.0% | -257.4% |
| ROCE | 9.9% | 9.9% | 6.4% | 12.1% | 42.5% | 47.5% | -76.9% | -63.5% | -1.1% | 4.4% | -271.4% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | — | — | 0.16 | 0.14 | — | 0.04 | 0.60 |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | 0.22 | — |
| Net Debt / Equity | — | -0.22 | -0.21 | -0.54 | -0.52 | -0.56 | -0.02 | 0.13 | -0.02 | -0.07 | 0.36 |
| Net Debt / EBITDA | -1.14 | -1.14 | -1.49 | -2.92 | -1.32 | -1.06 | — | — | -0.14 | -0.36 | — |
| Debt / FCF | — | -3.42 | -2.06 | -3.24 | -2.15 | -1.39 | -0.09 | — | — | — | — |
| Interest Coverage | 117.42 | 117.42 | 312.10 | 720.39 | 786.38 | 421.58 | -157.77 | -145.62 | -2.04 | 8.82 | -13.90 |
Net cash position: cash ($111M) exceeds total debt ($0)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.17 | 2.17 | 2.11 | 5.63 | 4.82 | 2.53 | 0.74 | 0.44 | 0.53 | 0.98 | 1.20 |
| Quick Ratio | 2.17 | 2.17 | 2.11 | 5.63 | 4.82 | 2.53 | 0.74 | 0.44 | 0.46 | 0.94 | 0.93 |
| Cash Ratio | 1.63 | 1.63 | 1.62 | 5.12 | 4.04 | 2.14 | 0.32 | 0.05 | 0.13 | 0.50 | 0.57 |
| Asset Turnover | — | 0.24 | 0.22 | 0.26 | 0.42 | 0.48 | 0.44 | 0.44 | 0.34 | 0.32 | 0.71 |
| Inventory Turnover | — | — | — | — | — | — | — | — | 25.40 | 28.46 | 11.95 |
| Days Sales Outstanding | — | 61.13 | 69.56 | 54.43 | 49.86 | 46.48 | 62.15 | 39.18 | 47.54 | 72.81 | 35.18 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.2% | 3.0% | 16.6% | 1.5% | — | — | — | — | — | — | 0.0% |
| Payout Ratio | 22.6% | 22.6% | 114.8% | 12.7% | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 14.1% | 13.2% | 14.4% | 12.0% | 38.3% | 29.9% | — | — | — | 6.8% | — |
| FCF Yield | 6.5% | 6.1% | 10.9% | 15.4% | 18.8% | 25.3% | 21.4% | — | — | — | — |
| Buyback Yield | 1.3% | 1.2% | 0.1% | 0.2% | 0.0% | 0.2% | 0.1% | 0.2% | 2.8% | 1.0% | 0.0% |
| Total Shareholder Yield | 4.5% | 4.2% | 16.7% | 1.7% | 0.0% | 0.2% | 0.1% | 0.2% | 2.8% | 1.0% | 0.0% |
| Shares Outstanding | — | $37M | $37M | $37M | $37M | $37M | $36M | $35M | $35M | $33M | $522M |
Asset Depletion and Concentration
According to current market data, SandRidge trades at a forward P/E of 5.75 and an EV/EBITDA of 2.81, suggesting that investors are pricing the company as a terminal asset pool rather than a growth-oriented operator, despite its significant cash position and lack of long-term debt.
The low valuation multiples relative to historical averages indicate that the market is heavily discounting the company's ability to replace its depleting production base. This pricing suggests that investors view the current cash flow as a finite stream, warranting caution regarding the sustainability of the current dividend yield.
Based on reported financial figures, SandRidge's ROIC has hovered between 2.1% and 4.3% over the last ten quarters, reflecting the inherent difficulty of generating high returns on capital when reinvestment is primarily directed toward maintaining production levels in mature, high-decline Mississippian Lime assets.
The modest ROIC suggests that while the company is operationally disciplined, it is not effectively compounding capital through growth. This trend implies that the business model is currently optimized for cash extraction rather than value creation through new exploration or significant asset expansion.
As reported in recent filings, the company's asset turnover remains consistently low at approximately 0.05 to 0.08, highlighting the capital-intensive nature of its regional operations and the significant infrastructure required to manage water disposal in the Mid-Continent basin compared to more efficient shale plays.
The persistent DPO levels, often exceeding 150 days, suggest that SandRidge may be utilizing its supplier relationships to manage cash flow timing. Investors should monitor whether these payment cycles are sustainable or if they indicate potential pressure on operational logistics and vendor relations.
Based on the most recent quarterly data, SandRidge maintains a current ratio of 2.40, providing a substantial liquidity buffer that appears sufficient to withstand short-term commodity price shocks or unexpected regulatory costs associated with its saltwater disposal operations in Oklahoma and Kansas.
The company's liquidity position is a structural strength that differentiates it from more leveraged peers. However, the reliance on cash reserves to offset the lack of external financing access means that any sustained period of negative free cash flow could rapidly erode this defensive advantage.
The P/E ratio is frequently misapplied to SandRidge, as it obscures the impact of non-cash tax benefits and depletion charges that distort net income, making the company appear more profitable than its underlying operational cash flow generation would suggest to a casual observer of the financials.
Analysts should instead prioritize EV/EBITDA or P/FCF to better capture the true earning power of the assets. Relying on P/E risks overestimating the company's valuation by failing to account for the significant capital expenditures required to mitigate the natural decline of its mature well inventory.
Includes 30+ ratios · 21 years · Updated daily
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Quick answers to the most common questions about buying SD stock.
SandRidge Energy, Inc.'s current P/E ratio is 7.1x. The historical average is 7.2x. This places it at the 50th percentile of its historical range.
SandRidge Energy, Inc.'s current EV/EBITDA is 4.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 3.1x.
SandRidge Energy, Inc.'s return on equity (ROE) is 14.5%. The historical average is -22.9%.
Based on historical data, SandRidge Energy, Inc. is trading at a P/E of 7.1x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
SandRidge Energy, Inc.'s current dividend yield is 3.19% with a payout ratio of 22.6%.
SandRidge Energy, Inc. has 43.1% gross margin and 34.7% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.