SM Energy (SM) FCF Margin (2009 - 2026)
SM Energy (SM) reported FCF Margin of 5.75% for Q1 2026, down 247.0% year-over-year from 3.91% in Q1 2025, and down 90.61% quarter-over-quarter from 61.17% in Q4 2025.
SM Energy (SM) FCF Margin (2009 - 2026) Analysis & Trends
SM Energy (SM) has 18 years of FCF Margin data on file, last reported at 5.75% in Q1 2026.
- FCF Margin for Q1 2026 came in at 5.75%, down 247.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 52.43% (up 4351.0% YoY), and the FY2025 annual result was 62.68%, up 4514.0% from the prior year.
- FCF Margin fell to 5.75% in Q1 2026 per SM's latest filing, from 61.17% in the prior quarter.
- Over five years, FCF Margin peaked at 122.36% in Q2 2025 and troughed at 88.39% in Q4 2022.
- A 5-year average of 29.8% and a median of 32.96% in 2022 frame the typical range for FCF Margin.
- The sharpest annual moves came in 2024 and 2025: FCF Margin plunged 13512 bps in 2024, then jumped 13990 bps in 2025.
- A 5-year view of FCF Margin shows it stood at 88.39% in 2022, then advanced by 25 bps to 66.49% in 2023, then jumped by 140 bps to 26.35% in 2024, then jumped by 132 bps to 61.17% in 2025, then sank by 91 bps to 5.75% in 2026.
- Business Quant data shows SM's FCF Margin at 5.75% in Q1 2026, 61.17% in Q4 2025, and 61.45% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 19.35% |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 8.55% |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 40.64% |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 24.02% |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 21.11% |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 9.90% |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 72.71% |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | -26,217.00% |
| 10 | SM Energy | 6.19 Bn | 5.54 Bn | 1.05 Bn | 5.75% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.75% |
| Dec 31, 2025 | 61.17% |
| Sep 30, 2025 | 61.45% |
| Jun 30, 2025 | 122.36% |
| Mar 31, 2025 | 8.21% |
| Dec 31, 2024 | 26.35% |
| Sep 30, 2024 | -78.45% |
| Jun 30, 2024 | 75.07% |
| Mar 31, 2024 | 49.32% |
| Dec 31, 2023 | -66.49% |
| Sep 30, 2023 | 56.67% |
| Jun 30, 2023 | 97.16% |
| Mar 31, 2023 | 15.85% |
| Dec 31, 2022 | -88.39% |
| Sep 30, 2022 | 105.23% |
| Jun 30, 2022 | 32.96% |
| Mar 31, 2022 | 22.33% |
| Dec 31, 2021 | -27.64% |
| Sep 30, 2021 | 45.83% |
| Jun 30, 2021 | 54.06% |