SM Energy (SM) Non-Current Debt (2009 - 2026)
SM Energy (SM) posted quarterly Non-Current Debt of $2.7 billion for Q4 2025, up 3833.33% year-over-year from $69.0 million in Q4 2024, and up 18.3% quarter-over-quarter from $2.3 billion in Q3 2025.
SM Energy (SM) Non-Current Debt (2009 - 2026) Analysis & Trends
SM Energy (SM) has reported Non-Current Debt for 17 consecutive years, with $2.7 billion the latest figure, recorded in Q4 2025.
- In Q4 2025, Non-Current Debt rose 3833.33% year-over-year to $2.7 billion; the TTM figure through Dec 2025 stood at $2.7 billion (up 3833.33% YoY), while the FY2025 annual figure was $2.7 billion, up 3833.33% from the prior year.
- Non-Current Debt grew to $2.7 billion in Q4 2025 per SM's latest filing, from $2.3 billion in the prior quarter.
- Across five years, Non-Current Debt topped out at $2.7 billion in Q4 2025 and bottomed at $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.
- Annual changes were most pronounced in 2021 — Non-Current Debt tumbled 97.68% — and 2025, when it jumped 3833.33%.
- SM Energy's Non-Current Debt stood at $52.5 million in 2021, then surged by 2893.2% to $1.6 billion in 2022, then rose by 0.15% to $1.6 billion in 2023, then sank by 95.62% to $69.0 million in 2024, then surged by 3833.33% to $2.7 billion in 2025.
- Business Quant data shows SM's Non-Current Debt at $2.7 billion in Q4 2025, $2.3 billion in Q3 2025, and $2.7 billion in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 22.83 Bn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 10.79 Bn |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 7.90 Bn |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 11.07 Bn |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 11.39 Bn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | 11.18 Bn |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 13.54 Bn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 5.66 Bn |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | - |
| 10 | SM Energy | 8.96 Bn | 8.19 Bn | 1.94 Bn | 7.04 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.04 Bn |
| Mar 31, 2026 | 7.98 Bn |
| 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 |