SM Energy (SM) Non-Current Debt (2009 - 2025)

SM Energy's (SM) quarterly Non-Current Debt came in at $2.7 billion in Q4 2025, up 3833.33% year-on-year from $69.0 million in Q4 2024, and up 18.3% on a QoQ basis from $2.3 billion in Q3 2025.

SM Energy (SM) Non-Current Debt (2009 - 2025) Analysis & Trends

SM Energy (SM) has 17 years of Non-Current Debt data on file, last reported at $2.7 billion in Q4 2025.

  • On a quarterly basis, Non-Current Debt rose 3833.33% year-over-year to $2.7 billion in Q4 2025; TTM through Dec 2025 was $2.7 billion, a 3833.33% increase from a year earlier, with the FY2025 full-year figure at $2.7 billion, up 3833.33% from the prior year.
  • Non-Current Debt for Q4 2025 stood at $2.7 billion, up from $2.3 billion in the prior quarter.
  • Over the last five years, Non-Current Debt for SM reached as high as $2.7 billion in Q4 2025 and fell as low as $52.5 million in Q2 2021.
  • Historically, Non-Current Debt has averaged $1.5 billion across 5 years, with a median of $1.6 billion in 2023.
  • Across the five-year window, Non-Current Debt sank 97.68% in 2021 and surged 3833.33% in 2025, its largest moves.
  • Year by year, Non-Current Debt stood at $52.5 million in 2021, then jumped by 2893.2% to $1.6 billion in 2022, then advanced by 0.15% to $1.6 billion in 2023, then sank by 95.62% to $69.0 million in 2024, then jumped by 3833.33% to $2.7 billion in 2025.
  • Per Business Quant data, the three most recent Non-Current Debt figures were $2.7 billion in Q4 2025, $2.3 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 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 22.26 Bn
2 Eog Resources 74.61 Bn 70.76 Bn - 7.90 Bn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 13.15 Bn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 11.18 Bn
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 15.25 Bn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 5.66 Bn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - -
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 7.39 Bn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 5.01 Bn
10 SM Energy 6.05 Bn 5.40 Bn 1.05 Bn -

Historic Data

Download Data
DateValue
Dec 31, 2025 2.71 Bn
Sep 30, 2025 2.29 Bn
Mar 31, 2025 2.71 Bn
Dec 31, 2024 69.00 Mn
Sep 30, 2024 2.71 Bn
Mar 31, 2024 1.58 Bn
Jun 30, 2023 1.57 Bn
Mar 31, 2023 1.57 Bn
Sep 30, 2022 1.57 Bn
Jun 30, 2022 1.57 Bn
Jun 30, 2021 52.50 Mn
Mar 31, 2021 135.00 Mn
Dec 31, 2020 93.00 Mn
Sep 30, 2020 2.18 Bn
Jun 30, 2020 2.26 Bn
Mar 31, 2020 72.00 Mn
Dec 31, 2019 2.61 Bn
Sep 30, 2019 129.00 Mn
Jun 30, 2019 118.00 Mn
Mar 31, 2019 46.50 Mn