SM Energy Company (SM) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 1.67B | 811M | 632.96M | 575.09M | 471.82M | 434.7M | 2.04B | 774.23M | 793.04M | 916.44M | 702.55M | 678.99M | 756.28M | 737.2M | 807.78M | 633.13M | 758.84M | 613.19M | 336.27M | 269.41M |
| Cash & Short-Term Investments | 449M | 368M | 162.25M | 101.88M | 54K | 0 | 1.74B | 487.87M | 506.25M | 616.16M | 401.98M | 378.24M | 477.87M | 445M | 498.44M | 267.09M | 419.89M | 332.72M | 29.8M | 0 |
| Cash Only | 449M | 368M | 162.25M | 101.88M | 54K | 0 | 1.74B | 487.87M | 506.25M | 616.16M | 401.98M | 378.24M | 477.87M | 445M | 498.44M | 267.09M | 419.89M | 332.72M | 29.8M | 0 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 915M | 331M | 367.69M | 364.3M | 382.95M | 360.98M | 226.6M | 239.09M | 241.73M | 231.16M | 264.51M | 217.79M | 187.81M | 233.3M | 258M | 333.94M | 321.08M | 247.2M | 272.25M | 229.51M |
| Days Sales Outstanding | 37.91 | 44.74 | 41.52 | 43.31 | 39.87 | 32.34 | 33.35 | 34.54 | 38.45 | 37.57 | 34.68 | 33.77 | 33.2 | 33.77 | 32.9 | 30.09 | 29.78 | 27.95 | 30.36 | 34.63 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.65M | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.85 | - | - | - |
| Other Current Assets | 307M | 112M | 103.02M | 108.92M | 88.81M | 73.72M | 82.51M | 47.26M | 45.06M | 69.11M | 36.06M | 82.95M | 90.6M | 58.91M | 42.21M | 18.31M | 9.65M | 24.09M | 24.51M | 31.3M |
| Total Non-Current Assets | 372M | 240M | 191.63M | 8.42B | 154.24M | 8.14B | 5.98B | 5.88B | 5.61B | 5.46B | 5.38B | 5.31B | 5.11B | 4.98B | 4.84B | 4.71B | 4.64B | 4.62B | 4.73B | 4.78B |
| Property, Plant & Equipment | 133M | 65M | 71.67M | 8.26B | 45.05M | 7.99B | 5.75B | 5.66B | 5.51B | 5.38B | 5.29B | 5.23B | 5.03B | 4.88B | 4.75B | 4.65B | 4.58B | 4.58B | 4.67B | 4.71B |
| Fixed Asset Turnover | 14.94x | 10.51x | 0.19x | 0.19x | 0.21x | 0.12x | 0.11x | 0.11x | 0.10x | 0.11x | 0.12x | 0.11x | 0.12x | 0.14x | 0.18x | 0.21x | 0.19x | 0.19x | 0.16x | 0.12x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 4.87M | 0 | 3.97M | 0 | 109.88M | 7.2M | 8.67M | 5.29M | 12.08M | 0 | 24.46M | 36.05M | 8.24M | 8.9M | 239K | 6.1M | 13.53M |
| Other Non-Current Assets | 239M | 175M | 119.96M | 152.51M | 109.19M | 145.27M | 229.07M | 111.37M | 84.62M | 87.13M | -240.72M | -292.65M | 84.33M | 96.06M | -115.59M | 54.01M | 32.2M | 44.79M | 54.11M | 55.24M |
| Total Assets | 19.14B | 9.25B | 9.09B | 8.99B | 8.79B | 8.58B | 8.03B | 6.66B | 6.4B | 6.38B | 6.08B | 5.99B | 5.87B | 5.72B | 5.65B | 5.34B | 5.4B | 5.23B | 5.06B | 5.05B |
| Asset Turnover | 0.10x | 0.08x | 0.09x | 0.09x | 0.10x | 0.10x | 0.09x | 0.10x | 0.09x | 0.10x | 0.11x | 0.09x | 0.10x | 0.12x | 0.15x | 0.18x | 0.16x | 0.17x | 0.15x | 0.11x |
| Asset Growth % | 117.85% | 7.89% | 13.23% | 35.09% | 37.34% | 34.43% | 32.07% | 11.09% | 9% | 11.62% | 7.56% | 12.24% | 8.79% | 9.21% | 11.65% | 5.66% | 7.58% | 5.18% | -1.18% | -4.07% |
| Total Current Liabilities | 4.28B | 1.17B | 1.14B | 837.95M | 822.72M | 789.95M | 581.1M | 601.78M | 536.08M | 633.81M | 599.08M | 563.99M | 563.15M | 598.58M | 814.02M | 1.01B | 1.06B | 889.33M | 1.1B | 1.05B |
| Accounts Payable | 0 | 0 | 0 | 794M | 0 | 82.5M | 560.84M | 563.76M | 496.36M | 107.31M | 540.46M | 530.46M | 0 | 43.9M | 631.98M | 583.24M | 514.56M | 25.07M | 542.47M | 496.29M |
| Days Payables Outstanding | - | - | - | 139.76 | - | 62.29 | 147.25 | 152.51 | 90.48 | 91.28 | 150.37 | 159.09 | - | 105.65 | 182.78 | 155.89 | 79.83 | 71.61 | 134.26 | 116.55 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 22.42M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -15.43M | 0 | 0 | 0 | 280.81M | 212.47M | 0 | 0 | 9.77M | 0 | 0 |
| Other Current Liabilities | 4.28B | 1.17B | 1.14B | 43.95M | 822.72M | 333.2M | 20.26M | 38.02M | 24.11M | 45.5M | 43.15M | 22.21M | 563.15M | 121.4M | 174.72M | 425.04M | 538.13M | 404.75M | 552.04M | 545.06M |
| Current Ratio | 0.39x | 0.69x | 0.56x | 0.69x | 0.57x | 0.55x | 3.52x | 1.29x | 1.48x | 1.45x | 1.17x | 1.20x | 1.34x | 1.23x | 0.99x | 0.62x | 0.72x | 0.69x | 0.30x | 0.26x |
| Quick Ratio | 0.39x | 0.69x | 0.56x | 0.69x | 0.57x | 0.55x | 3.52x | 1.29x | 1.48x | 1.45x | 1.17x | 1.20x | 1.34x | 1.23x | 0.99x | 0.62x | 0.71x | 0.69x | 0.30x | 0.26x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -47.2 | - | - | - |
| Total Non-Current Liabilities | 8B | 3.27B | 3.24B | 3.57B | 3.56B | 3.55B | 3.39B | 2.21B | 2.16B | 2.13B | 2.08B | 2.13B | 2.08B | 2.03B | 1.97B | 1.88B | 2.22B | 2.28B | 2.32B | 2.45B |
| Long-Term Debt | 6.74B | 2.3B | 2.29B | 2.71B | 2.71B | 2.78B | 2.71B | 1.58B | 1.58B | 1.58B | 1.57B | 1.57B | 1.57B | 1.57B | 1.57B | 1.57B | 1.98B | 2.08B | 2.08B | 2.19B |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 42.9M | 0 | 0 | 0 | 24.35M | 0 | 0 | 0 | 23.62M | 0 | 0 | 0 | 19.44M | 0 | 0 |
| Deferred Tax Liabilities | 315M | 724M | 690.45M | 589.76M | 569.55M | 545.29M | 467.46M | 440.81M | 397.3M | 369.9M | 324.44M | 375.06M | 330.78M | 280.81M | 212.47M | 102.37M | 21.77M | 9.77M | 0 | 0 |
| Other Non-Current Liabilities | 940M | 254M | 256.52M | 264.29M | 282.07M | 184.5M | 210.97M | 193.57M | 190.71M | 160.73M | 176.2M | 181.34M | 173.44M | 155.35M | 185.94M | 207.45M | 219.79M | 171.15M | 243.86M | 256.7M |
| Total Liabilities | 12.28B | 4.44B | 4.38B | 4.4B | 4.38B | 4.34B | 3.97B | 2.81B | 2.7B | 2.76B | 2.67B | 2.69B | 2.64B | 2.63B | 2.78B | 2.89B | 3.28B | 3.17B | 3.43B | 3.5B |
| Total Debt | 6.74B | 2.3B | 2.29B | 2.71B | 2.71B | 2.84B | 2.71B | 1.58B | 1.58B | 1.58B | 1.57B | 1.57B | 1.57B | 1.57B | 1.57B | 1.57B | 1.98B | 2.08B | 2.08B | 2.19B |
| Net Debt | 6.29B | 1.93B | 2.13B | 2.61B | 2.71B | 2.84B | 971.39M | 1.09B | 1.07B | 959.17M | 1.17B | 1.2B | 1.1B | 1.13B | 1.07B | 1.3B | 1.56B | 1.75B | 2.05B | 2.19B |
| Debt / Equity | 0.98x | 0.48x | 0.49x | 0.59x | 0.62x | 0.67x | 0.67x | 0.41x | 0.43x | 0.44x | 0.46x | 0.48x | 0.49x | 0.51x | 0.55x | 0.64x | 0.94x | 1.01x | 1.27x | 1.41x |
| Debt / EBITDA | 50.31x | 7.11x | 4.01x | 4.61x | 4.96x | 5.19x | 5.07x | 3.44x | 4.57x | 3.16x | 4.09x | 4.29x | 3.69x | 3.30x | 2.49x | 2.02x | 2.91x | 3.15x | 3.80x | 5.44x |
| Net Debt / EBITDA | 46.96x | 5.97x | 3.73x | 4.44x | 4.96x | 5.19x | 1.82x | 2.37x | 3.10x | 1.92x | 3.05x | 3.26x | 2.57x | 2.37x | 1.70x | 1.68x | 2.29x | 2.65x | 3.74x | 5.44x |
| Interest Coverage | -2.64x | 1.47x | 5.76x | 6.93x | 6.23x | 6.21x | 6.87x | 13.10x | 8.46x | 13.20x | 8.63x | 9.67x | 12.31x | 14.64x | 21.24x | 17.38x | 13.21x | 11.27x | 8.21x | 4.80x |
| Total Equity | 6.87B | 4.81B | 4.71B | 4.59B | 4.4B | 4.24B | 4.06B | 3.84B | 3.7B | 3.62B | 3.4B | 3.3B | 3.23B | 3.09B | 2.87B | 2.44B | 2.12B | 2.06B | 1.64B | 1.55B |
| Equity Growth % | 55.96% | 13.52% | 16.04% | 19.41% | 19.08% | 17.19% | 19.31% | 16.54% | 14.5% | 17.19% | 18.71% | 34.91% | 52.7% | 49.55% | 75.19% | 57.48% | 19.52% | 2.33% | -25.09% | -31.93% |
| Book Value per Share | 59.72 | 41.83 | 40.90 | 39.93 | 38.31 | 36.83 | 35.32 | 33.22 | 31.76 | 31.01 | 28.77 | 27.47 | 26.41 | 25.00 | 23.07 | 19.66 | 17.03 | 16.64 | 13.22 | 13.12 |
| Total Shareholders' Equity | 6.87B | 4.81B | 4.71B | 4.59B | 4.4B | 4.24B | 4.06B | 3.84B | 3.7B | 3.62B | 3.4B | 3.3B | 3.23B | 3.09B | 2.87B | 2.44B | 2.12B | 2.06B | 1.64B | 1.55B |
| Common Stock | 2M | 1M | 1.15M | 1.15M | 1.15M | 1.15M | 1.14M | 1.14M | 1.15M | 1.16M | 1.16M | 1.18M | 1.21M | 1.22M | 1.23M | 1.22M | 1.22M | 1.22M | 1.22M | 1.21M |
| Retained Earnings | 2.9B | 3.29B | 3.21B | 3.07B | 2.89B | 2.74B | 2.57B | 2.35B | 2.16B | 2.05B | 1.83B | 1.62B | 1.49B | 1.31B | 1.07B | 605.56M | 282.08M | 234.53M | -190.37M | -274.75M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 1M | 1M | -1.12M | -1.14M | -1.15M | -1.16M | -2.48M | -2.59M | -2.6M | -2.61M | -3.98M | -4M | -4.01M | -4.02M | -12.3M | -12.48M | -12.67M | -12.85M | -12.57M | -12.81M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |