SM Energy (SM) Goodwill impairment charges (2018 - 2022)
SM Energy (SM) reported Goodwill impairment charges of $1 million for Q4 2022, down 88.5% from $8.75 million a year earlier and down 7.0% from the prior quarter.
SM Energy (SM) Goodwill impairment charges (2018 - 2022) Analysis & Trends
For FY2022, SM Energy posted Goodwill impairment charges of $7.47 million, down 78.7% from FY2021.
- Goodwill impairment charges has a five-year compound annual growth rate of -14.2% (FY2017 to FY2022).
- By year, Goodwill impairment charges came in at $35 million in FY2021 (-96.6%), $1.02 billion in FY2020, $33.84 million in FY2019 (-32.2%) and $49.89 million in FY2018 (+210.3%).
- Five-year quarterly Goodwill impairment charges spans a low of $1 million in Q1 2022 and a high of $989.76 million in Q1 2020.
- Year over year, Goodwill impairment charges has now declined in each of the last four quarters, with an average decline of 51.7% over the last eight quarters.
- The high point for year-over-year Goodwill impairment charges in five years was Q3 2020 (growth of 38.1%); the low point was Q1 2021 (a decline of 99.1%).
- Per Business Quant data, the three quarters before Q4 2022 came in at $1.08 million (Q3 2022), $4.39 million (Q2 2022) and $1 million (Q1 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn |
| 10 | SM Energy | 7.71 Bn | 5.83 Bn | 1.60 Bn |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | 1.00 Mn |
| Sep 30, 2022 | 1.08 Mn |
| Jun 30, 2022 | 4.39 Mn |
| Mar 31, 2022 | 1.00 Mn |
| Dec 31, 2021 | 8.75 Mn |
| Sep 30, 2021 | 8.75 Mn |
| Jun 30, 2021 | 8.75 Mn |
| Mar 31, 2021 | 8.75 Mn |
| Dec 31, 2020 | 8.75 Mn |
| Sep 30, 2020 | 8.75 Mn |
| Jun 30, 2020 | 8.75 Mn |
| Mar 31, 2020 | 989.76 Mn |
| Dec 31, 2019 | 8.75 Mn |
| Sep 30, 2019 | 6.34 Mn |
| Jun 30, 2019 | 12.42 Mn |
| Mar 31, 2019 | 6.34 Mn |
| Mar 31, 2018 | 5.63 Mn |
SM Energy Goodwill impairment charges 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=goodwill-impairment-charges&ticker=SM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-impairment-charges", "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=goodwill-impairment-charges&ticker=SM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();