KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

SM Energy (SM) Invested Capital (2016 - 2026)

SM Energy has reported Invested Capital over the past 17 years, most recently at $5.2 billion for Q4 2025.

  • Quarterly Invested Capital rose 23.21% to $5.2 billion in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $5.2 billion through Dec 2025, up 23.21% year-over-year, with the annual reading at $5.2 billion for FY2025, 23.21% up from the prior year.
  • Invested Capital was $5.2 billion for Q4 2025 at SM Energy, up from $4.7 billion in the prior quarter.
  • Over five years, Invested Capital peaked at $5.2 billion in Q4 2025 and troughed at $2.1 billion in Q2 2021.
  • The 5-year median for Invested Capital is $3.4 billion (2023), against an average of $3.5 billion.
  • Year-over-year, Invested Capital plummeted 53.84% in 2021 and then skyrocketed 38.99% in 2022.
  • A 5-year view of Invested Capital shows it stood at $2.4 billion in 2021, then skyrocketed by 31.84% to $3.1 billion in 2022, then increased by 15.33% to $3.6 billion in 2023, then grew by 17.15% to $4.2 billion in 2024, then increased by 23.21% to $5.2 billion in 2025.
  • Per Business Quant, the three most recent readings for SM's Invested Capital are $5.2 billion (Q4 2025), $4.7 billion (Q3 2025), and $4.6 billion (Q2 2025).