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SM Energy (SM) Invested Capital (2016 - 2025)

SM Energy (SM) has disclosed Invested Capital for 17 consecutive years, with $5.2 billion as the latest value for Q4 2025.

  • Quarterly Invested Capital rose 23.41% 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 23.41% year-over-year, with the annual reading at $5.2 billion for FY2025, 23.41% up from the prior year.
  • Invested Capital for Q4 2025 was $5.2 billion at SM Energy, up from $5.1 billion in the prior quarter.
  • The five-year high for Invested Capital was $5.2 billion in Q4 2025, with the low at $2.1 billion in Q2 2021.
  • Average Invested Capital over 5 years is $3.5 billion, with a median of $3.4 billion recorded in 2023.
  • The sharpest move saw Invested Capital tumbled 53.84% in 2021, then surged 38.99% in 2022.
  • Over 5 years, Invested Capital stood at $2.4 billion in 2021, then soared by 31.84% to $3.1 billion in 2022, then grew by 15.33% to $3.6 billion in 2023, then grew by 16.95% to $4.2 billion in 2024, then increased by 23.41% to $5.2 billion in 2025.
  • According to Business Quant data, Invested Capital over the past three periods came in at $5.2 billion, $5.1 billion, and $4.6 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.