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| Date | Value |
|---|---|
| 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 |