SM Energy (SM) Cash from Operations (2009 - 2026)
SM Energy (SM) reported Cash from Operations of $1.1 billion for Q2 2026, up 93.2% from $571 million a year earlier and up 72.3% from the prior quarter.
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Analysis
SM Energy (SM) Cash from Operations (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, SM Energy's Cash from Operations came in at $2.7 billion, up 29.5% year-over-year; for FY2025, it came in at $2.01 billion, up 12.8% from FY2024.
- Cash from Operations has a five-year compound annual growth rate of 20.5% (FY2020 to FY2025).
- By year, Cash from Operations came in at $1.78 billion in FY2024 (+13.3%), $1.57 billion in FY2023 (-6.7%), $1.69 billion in FY2022 (+45.4%) and $1.16 billion in FY2021 (+46.6%).
- The Q2 2026 figure ranks as the highest quarterly Cash from Operations in data going back to Q3 2009.
- Year over year, Cash from Operations gained in seven of the last eight quarters, with growth averaging 31.2%.
- The high point for year-over-year Cash from Operations in five years was Q1 2022 (growth of 223.9%); the low point was Q4 2022 (a decline of 32.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $640 million (Q1 2026), $451.91 million (Q4 2025) and $505.09 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 21.43 Bn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 22.63 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | 10.86 Bn |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 4.96 Bn |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 7.43 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | 9.47 Bn |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 7.26 Bn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 4.93 Bn |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | 5.66 Bn |
| 10 | SM Energy | 8.03 Bn | 6.43 Bn | 1.94 Bn | 1.10 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.10 Bn |
| Mar 31, 2026 | 640.00 Mn |
| Dec 31, 2025 | 451.91 Mn |
| Sep 30, 2025 | 505.09 Mn |
| Jun 30, 2025 | 571.00 Mn |
| Mar 31, 2025 | 483.00 Mn |
| Dec 31, 2024 | 578.36 Mn |
| Sep 30, 2024 | 452.26 Mn |
| Jun 30, 2024 | 476.38 Mn |
| Mar 31, 2024 | 276.00 Mn |
| Dec 31, 2023 | 476.12 Mn |
| Sep 30, 2023 | 382.99 Mn |
| Jun 30, 2023 | 383.25 Mn |
| Mar 31, 2023 | 331.63 Mn |
| Dec 31, 2022 | 288.38 Mn |
| Sep 30, 2022 | 513.37 Mn |
| Jun 30, 2022 | 542.57 Mn |
| Mar 31, 2022 | 342.09 Mn |
| Dec 31, 2021 | 429.63 Mn |
| Sep 30, 2021 | 328.12 Mn |
API Access
SM Energy Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=SM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "SM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=SM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();