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Growth Metrics

SM Energy (SM) Free Cash Flow (2016 - 2025)

SM Energy (SM) has disclosed Free Cash Flow for 17 consecutive years, with -$964.6 million as the latest value for Q4 2025.

  • Quarterly Free Cash Flow rose 36.74% to -$964.6 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $573.0 million through Dec 2025, up 278.5% year-over-year, with the annual reading at $573.0 million for FY2025, 278.5% up from the prior year.
  • Free Cash Flow for Q4 2025 was -$964.6 million at SM Energy, down from $498.4 million in the prior quarter.
  • The five-year high for Free Cash Flow was $1.1 billion in Q4 2023, with the low at -$1.5 billion in Q4 2024.
  • Average Free Cash Flow over 5 years is $227.9 million, with a median of $282.2 million recorded in 2022.
  • The sharpest move saw Free Cash Flow skyrocketed 998.98% in 2022, then tumbled 234.6% in 2024.
  • Over 5 years, Free Cash Flow stood at $976.6 million in 2021, then tumbled by 70.47% to $288.4 million in 2022, then surged by 292.85% to $1.1 billion in 2023, then crashed by 234.6% to -$1.5 billion in 2024, then skyrocketed by 36.74% to -$964.6 million in 2025.
  • According to Business Quant data, Free Cash Flow over the past three periods came in at -$964.6 million, $498.4 million, and $970.1 million for Q4 2025, Q3 2025, and Q2 2025 respectively.