SM Energy Cash Flow Statement
NYSE: SMEnergyOil & Gas ProductionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
SM Energy free cash flow
In fiscal 2025, SM Energy generated $2.01 billion of operating cash flow and spent $34.0 million on capital expenditures. That left free cash flow of $1.98 billion, a free-cash-flow margin of 62.7% of revenue. SM Energy returned $105.0 million to shareholders: $92.0 million in dividends and $13.0 million in share repurchases, equal to 5% of free cash flow.
Free cash flow covered dividend payments 21.5 times.
Summary generated from market data by MetaCap's automated system. Methodology
SM Energy cash flow statement (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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 648.00M | 770.00M | 818.00M | 1.11B | 36.23M | -764.61M | -187.00M | 508.41M | -160.84M | -757.74M |
| Net Income growth (YoY) | -15.84% | -5.87% | -26.44% | +2969.23% | — | — | -136.78% | — | — | — |
| Stock-Based Compensation | 29.00M | 25.00M | 20.00M | 18.77M | 18.82M | 15.00M | 24.32M | 23.91M | 22.70M | 26.90M |
| Change in Working Capital | 14.00M | 10.00M | -4.00M | -72.06M | 117.41M | 11.59M | 16.85M | 13.67M | 69.61M | -55.29M |
| Operating Cash Flow | 2.01B | 1.78B | 1.57B | 1.69B | 1.16B | 790.94M | 823.57M | 720.63M | 515.39M | 552.80M |
| Capital Expenditures | -34.00M | -2.10B | -110.00M | -7.00K | -3.32M | -7.87M | -2.58M | -33.26M | -89.90M | -2.18B |
| Investing Cash Flow | -1.47B | -3.41B | -1.10B | -880.26M | -667.24M | -555.57M | -1.01B | -587.93M | -201.53M | -1.87B |
| Dividends Paid | -92.00M | -85.00M | -72.00M | -19.64M | -2.39M | -2.28M | -11.25M | -11.19M | -11.14M | -7.75M |
| Share Repurchases | -13.00M | -86.00M | -228.00M | -57.21M | 0 | 0 | — | — | — | — |
| Debt Issued | 0 | 1.48B | 0 | 0 | 392.77M | 0 | 0 | — | — | 491.64M |
| Financing Cash Flow | -175.00M | 1.01B | -305.00M | -693.86M | -159.83M | -235.38M | 111.77M | -368.67M | -12.29M | 1.33B |
| Net Change in Cash | 368.00M | -616.00M | 171.00M | 112.28M | 332.71M | 0 | -77.95M | -235.98M | 301.57M | 12.35M |
| Free Cash Flow | 1.98B | -321.00M | 1.46B | 1.69B | 1.16B | 783.07M | 820.99M | 687.37M | 425.49M | -1.63B |
This table shows 10 annual periods of SM Energy's cash flow statement, from FY 2025 back to FY 2016, across 13 line items including net income, stock-based compensation, change in working capital. Values in USD; B = billions, M = millions. Fiscal periods follow SM's reporting calendar. What is a cash flow statement?