SM Energy (SM) Accumulated Expenses (2017 - 2025)
SM Energy's (SM) quarterly Accumulated Expenses came in at $167.0 million in Q4 2025, down 16.5% year-on-year from $200.0 million in Q4 2024, and down 16.5% on a QoQ basis from $200.0 million in Q4 2024.
SM Energy (SM) Accumulated Expenses (2017 - 2025) Analysis & Trends
SM Energy (SM) has 9 years of Accumulated Expenses data on file, last reported at $167.0 million in Q4 2025.
- On a quarterly basis, Accumulated Expenses fell 16.5% year-over-year to $167.0 million in Q4 2025; TTM through Dec 2025 was $167.0 million, a 16.5% decrease from a year earlier, with the FY2025 full-year figure at $167.0 million, down 16.5% from the prior year.
- Accumulated Expenses for Q4 2025 stood at $167.0 million, down from $200.0 million in the prior quarter.
- Over the last five years, Accumulated Expenses for SM reached as high as $200.0 million in Q4 2024 and fell as low as $71.0 million in Q4 2021.
- Historically, Accumulated Expenses has averaged $142.0 million across 5 years, with a median of $146.4 million in 2023.
- Across the five-year window, Accumulated Expenses jumped 76.83% in 2022 and fell 16.5% in 2025, its largest moves.
- Year by year, Accumulated Expenses stood at $71.0 million in 2021, then soared by 76.83% to $125.6 million in 2022, then advanced by 16.57% to $146.4 million in 2023, then jumped by 36.63% to $200.0 million in 2024, then retreated by 16.5% to $167.0 million in 2025.
- Per Business Quant data, the three most recent Accumulated Expenses figures were $167.0 million in Q4 2025, $200.0 million in Q4 2024, and $146.4 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn |
| 10 | SM Energy | 6.05 Bn | 5.40 Bn | 1.05 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 167.00 Mn |
| Dec 31, 2024 | 200.00 Mn |
| Dec 31, 2023 | 146.38 Mn |
| Dec 31, 2022 | 125.57 Mn |
| Dec 31, 2021 | 71.01 Mn |
| Dec 31, 2020 | 65.37 Mn |
| Dec 31, 2019 | 96.93 Mn |
| Dec 31, 2018 | 139.71 Mn |
| Dec 31, 2017 | 126.50 Mn |