SM Energy Balance Sheet
NYSE: SMEnergyOil & Gas ProductionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
SM Energy financial position
At the end of fiscal 2025, SM Energy reported total assets of $9.25 billion, up 7.9% from a year earlier against total liabilities of $4.44 billion. Shareholders' equity stood at $4.81 billion, or 52.0% of assets. The company held $368.0 million in cash and equivalents against $2.30 billion of debt, a net debt position of $1.93 billion.
The current ratio (current assets divided by current liabilities) was 0.69, meaning short-term obligations exceed short-term assets. Debt-to-equity was 0.48.
Summary generated from market data by MetaCap's automated system. Methodology
SM Energy balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 368.00M | 0 | 616.16M | 445.00M | 332.72M | 10.00K | 10.00K | 77.97M | 313.94M | 9.37M |
| Receivables | 331.00M | 361.00M | 231.16M | 233.30M | 247.20M | 162.46M | 184.73M | 167.54M | 160.15M | 151.95M |
| Total Current Assets | 811.00M | 435.00M | 916.44M | 737.20M | 613.19M | 203.67M | 252.63M | 429.26M | 549.12M | 224.64M |
| Property, Plant & Equipment | 8.20B | 7.99B | 5.38B | 4.88B | 4.58B | 4.70B | 5.95B | 5.83B | 5.55B | 6.08B |
| Total Assets | 9.25B | 8.58B | 6.38B | 5.72B | 5.23B | 4.98B | 6.29B | 6.35B | 6.18B | 6.39B |
| Accounts Payable | 77.00M | 83.00M | 107.31M | 43.90M | 25.07M | 63.01M | 52.09M | 56.05M | 77.57M | 299.71M |
| Total Current Liabilities | 1.17B | 790.00M | 633.81M | 598.58M | 889.33M | 583.74M | 472.04M | 466.05M | 559.21M | 415.17M |
| Long-Term Debt | 2.30B | 2.71B | 1.58B | 1.57B | 2.08B | 2.12B | 2.61B | 2.45B | 2.77B | 2.77B |
| Total Liabilities | 4.44B | 4.34B | 2.76B | 2.63B | 3.17B | 2.96B | 3.54B | 3.43B | 3.78B | 3.90B |
| Shareholders' Equity | 4.81B | 4.24B | 3.62B | 3.08B | 2.06B | 2.02B | 2.75B | 2.92B | 2.39B | 2.50B |
| Retained Earnings | 3.29B | 2.73B | 2.05B | 1.31B | 234.53M | 200.70M | 967.59M | 1.17B | 665.66M | 794.02M |
| Total Debt | 2.30B | 2.71B | 1.58B | 1.57B | 2.08B | 2.12B | 2.61B | 2.45B | 2.77B | 2.77B |
| Net Cash (Debt) | -1.93B | -2.71B | -959.17M | -1.13B | -1.75B | -2.12B | -2.61B | -2.37B | -2.46B | -2.76B |
| Shares Outstanding | 114.63M | 114.46M | 115.75M | 121.93M | 121.86M | 114.74M | 112.99M | 112.24M | 111.69M | 111.26M |
This table shows 10 annual periods of SM Energy's balance sheet, from FY 2025 back to FY 2016, across 15 line items including cash & equivalents, receivables, total current assets. Values in USD; B = billions, M = millions. Fiscal periods follow SM's reporting calendar. What is a balance sheet?