KPIs & Operating Metrics(New)
Growth Metrics

SM Energy (SM) Construction in Progress (2016 - 2025)

SM Energy (SM) has disclosed Construction in Progress for 17 consecutive years, with $458.0 million as the latest value for Q4 2025.

  • Quarterly Construction in Progress fell 4.98% to $458.0 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $458.0 million through Dec 2025, down 4.98% year-over-year, with the annual reading at $458.0 million for FY2025, 4.98% down from the prior year.
  • Construction in Progress for Q4 2025 was $458.0 million at SM Energy, up from $424.9 million in the prior quarter.
  • The five-year high for Construction in Progress was $537.5 million in Q1 2025, with the low at $142.3 million in Q3 2021.
  • Average Construction in Progress over 5 years is $317.9 million, with a median of $311.9 million recorded in 2023.
  • The sharpest move saw Construction in Progress plummeted 42.41% in 2021, then soared 94.22% in 2022.
  • Over 5 years, Construction in Progress stood at $148.4 million in 2021, then soared by 93.58% to $287.3 million in 2022, then grew by 24.65% to $358.1 million in 2023, then skyrocketed by 34.61% to $482.0 million in 2024, then decreased by 4.98% to $458.0 million in 2025.
  • According to Business Quant data, Construction in Progress over the past three periods came in at $458.0 million, $424.9 million, and $395.5 million for Q4 2025, Q3 2025, and Q2 2025 respectively.