SM Energy (SM) Non-Current Debt (2009 - 2025)
SM Energy (SM) reported Non-Current Debt of $2.3 billion for Q4 2025, down 15.21% year-over-year from $2.7 billion in Q4 2024, and down 15.36% quarter-over-quarter from $2.7 billion in Q3 2025.
SM Energy (SM) Non-Current Debt (2009 - 2025) Analysis & Trends
SM Energy (SM) has 15 years of Non-Current Debt data on file, last reported at $2.3 billion in Q4 2025.
- Non-Current Debt for Q4 2025 came in at $2.3 billion, down 15.21% year-over-year; the trailing twelve-month figure through Dec 2025 was $2.3 billion (down 15.21% YoY), and the FY2025 annual result was $2.3 billion, down 15.21% from the prior year.
- Non-Current Debt slipped to $2.3 billion in Q4 2025 per SM's latest filing, from $2.7 billion in the prior quarter.
- Over five years, Non-Current Debt peaked at $2.7 billion in Q3 2025 and troughed at $1.6 billion in Q2 2022.
- A 5-year average of $2.1 billion and a median of $2.1 billion in 2021 frame the typical range for Non-Current Debt.
- The sharpest annual moves came in 2021 and 2022: Non-Current Debt soared 1067.21% in 2021, then declined 26.59% in 2022.
- A 5-year view of Non-Current Debt shows it stood at $2.1 billion in 2021, then decreased by 24.46% to $1.6 billion in 2022, then gained by 0.2% to $1.6 billion in 2023, then soared by 71.9% to $2.7 billion in 2024, then dropped by 15.21% to $2.3 billion in 2025.
- Business Quant data shows SM's Non-Current Debt at $2.3 billion in Q4 2025, $2.7 billion in Q3 2025, and $2.7 billion in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | 11.18 Bn |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 12.05 Bn |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 22.26 Bn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 7.90 Bn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 15.25 Bn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 13.15 Bn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | - |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 271.00 Mn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 914.67 Mn |
| 10 | SM Energy | 6.19 Bn | 5.54 Bn | 1.05 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 2.30 Bn |
| Dec 31, 2025 | 2.30 Bn |
| Sep 30, 2025 | 2.71 Bn |
| Sep 30, 2025 | 2.71 Bn |
| Mar 31, 2025 | 2.71 Bn |
| Mar 31, 2025 | 2.71 Bn |
| Dec 31, 2024 | 2.71 Bn |
| Dec 31, 2024 | 2.71 Bn |
| Sep 30, 2024 | 2.71 Bn |
| Sep 30, 2024 | 2.71 Bn |
| Dec 31, 2023 | 1.58 Bn |
| Dec 31, 2023 | 1.58 Bn |
| Sep 30, 2023 | 1.57 Bn |
| Sep 30, 2023 | 1.57 Bn |
| Mar 31, 2023 | 1.57 Bn |
| Mar 31, 2023 | 1.57 Bn |
| Dec 31, 2022 | 1.57 Bn |
| Dec 31, 2022 | 1.57 Bn |
| Sep 30, 2022 | 1.57 Bn |
| Sep 30, 2022 | 1.57 Bn |