SM Energy (SM) Depreciation & Amortization (CF) (2009 - 2026)
SM Energy's Depreciation & Amortization (CF) came in at $592 million for Q2 2026, up 102.0% from $293 million a year earlier and up 37.0% from the prior quarter.
SM Energy (SM) Depreciation & Amortization (CF) (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, SM Energy reported Depreciation & Amortization (CF) of $1.67 billion, up 62.6% year-over-year; for FY2025, it was $1.21 billion, up 49.2% from FY2024.
- Depreciation & Amortization (CF) has increased in each of the last three years, with a five-year compound annual growth rate of 9.0% (FY2020 to FY2025).
- Going back by year, Depreciation & Amortization (CF) was $809 million in FY2024 (+17.2%), $690 million in FY2023 (+14.3%), $603.78 million in FY2022 (-22.0%) and $774.39 million in FY2021 (-1.4%).
- The Q2 2026 figure represents the highest quarterly Depreciation & Amortization (CF) in data going back to Q3 2009.
- Year-over-year, Depreciation & Amortization (CF) has increased for 13 consecutive quarters, with growth averaging 51.9% over the last eight quarters.
- The fastest year-over-year change in Depreciation & Amortization (CF) over five years came in Q2 2026 (growth of 102.0%), and the weakest in Q4 2022 (a decline of 28.2%).
- Business Quant data shows SM's Depreciation & Amortization (CF) at $432 million (Q1 2026), $318.74 million (Q4 2025) and $325.37 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Amort. (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 6.18 Bn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 6.08 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | 3.10 Bn |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 1.98 Bn |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 2.98 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 585.00 Mn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 1.38 Bn |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | 1.71 Bn |
| 10 | SM Energy | 8.03 Bn | 6.43 Bn | 1.94 Bn | 592.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 592.00 Mn |
| Mar 31, 2026 | 432.00 Mn |
| Dec 31, 2025 | 318.74 Mn |
| Sep 30, 2025 | 325.37 Mn |
| Jun 30, 2025 | 293.00 Mn |
| Mar 31, 2025 | 270.00 Mn |
| Dec 31, 2024 | 260.22 Mn |
| Sep 30, 2024 | 202.94 Mn |
| Jun 30, 2024 | 179.65 Mn |
| Mar 31, 2024 | 166.19 Mn |
| Dec 31, 2023 | 188.63 Mn |
| Sep 30, 2023 | 189.35 Mn |
| Jun 30, 2023 | 157.83 Mn |
| Mar 31, 2023 | 154.19 Mn |
| Dec 31, 2022 | 143.61 Mn |
| Sep 30, 2022 | 145.87 Mn |
| Jun 30, 2022 | 154.82 Mn |
| Mar 31, 2022 | 159.48 Mn |
| Dec 31, 2021 | 200.01 Mn |
| Sep 30, 2021 | 202.70 Mn |
SM Energy Depreciation & Amortization (CF) 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=depreciation-and-amortization-cf&ticker=SM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-amortization-cf", "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=depreciation-and-amortization-cf&ticker=SM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();