KPIs & Operating Metrics(New)
Growth Metrics

SM Energy (SM) Equity Average (2016 - 2025)

SM Energy (SM) has disclosed Equity Average for 17 consecutive years, with $4.8 billion as the latest value for Q4 2025.

  • On a quarterly basis, Equity Average rose 14.76% to $4.8 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $4.8 billion, a 14.76% increase, with the full-year FY2025 number at $4.5 billion, up 15.2% from a year prior.
  • Equity Average was $4.8 billion for Q4 2025 at SM Energy, up from $4.7 billion in the prior quarter.
  • In the past five years, Equity Average ranged from a high of $4.8 billion in Q4 2025 to a low of $1.6 billion in Q3 2021.
  • A 5-year average of $3.2 billion and a median of $3.3 billion in 2023 define the central range for Equity Average.
  • Peak YoY movement for Equity Average: decreased 28.58% in 2021, then skyrocketed 66.57% in 2022.
  • SM Energy's Equity Average stood at $1.9 billion in 2021, then surged by 60.88% to $3.0 billion in 2022, then rose by 17.94% to $3.5 billion in 2023, then increased by 18.21% to $4.1 billion in 2024, then rose by 14.76% to $4.8 billion in 2025.
  • Per Business Quant, the three most recent readings for SM's Equity Average are $4.8 billion (Q4 2025), $4.7 billion (Q3 2025), and $4.5 billion (Q2 2025).