SM Energy (SM) Non-Current Debt (2009 - 2026)
SM Energy (SM) posted Non-Current Debt of $7.04 billion for Q2 2026, up 159.5% from $2.71 billion a year earlier but down 11.8% from the prior quarter.
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Analysis
SM Energy (SM) Non-Current Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, SM Energy's Non-Current Debt came in at $2.71 billion, up 0.2% from FY2024.
- Annual Non-Current Debt has increased for three consecutive years, with a five-year compound annual growth rate of 5.1% (FY2020 to FY2025).
- In prior years, SM Energy's Non-Current Debt was $2.71 billion in FY2024 (+71.9%), $1.58 billion in FY2023 (+0.2%), $1.57 billion in FY2022 (-24.5%) and $2.08 billion in FY2021 (-1.9%).
- Quarterly Non-Current Debt has run from a low of $1.57 billion in Q2 2022 to a high of $7.98 billion in Q1 2026 over five years.
- On a year-over-year basis, Non-Current Debt has increased in each of the last 13 quarters, with growth averaging 80.2% over the last eight quarters.
- The strongest year-over-year quarter for Non-Current Debt in the past five years was Q1 2026, with growth of 194.4%; the weakest was Q2 2022, with a decline of 26.6%.
- According to Business Quant data, Non-Current Debt for the three prior quarters was $7.98 billion (Q1 2026), $2.71 billion (Q4 2025) and $2.71 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 64.53 Bn |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | - |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | 19.71 Bn |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | 27.70 Bn |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 22.83 Bn |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | - |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | 18.77 Bn |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | 10.79 Bn |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | 9.20 Bn |
| 10 | SM Energy | 7.97 Bn | 6.37 Bn | 1.94 Bn | 7.04 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.04 Bn |
| Mar 31, 2026 | 7.98 Bn |
| Dec 31, 2025 | 2.71 Bn |
| Sep 30, 2025 | 2.71 Bn |
| Jun 30, 2025 | 2.71 Bn |
| Mar 31, 2025 | 2.71 Bn |
| Dec 31, 2024 | 2.71 Bn |
| Sep 30, 2024 | 2.71 Bn |
| Jun 30, 2024 | 1.58 Bn |
| Mar 31, 2024 | 1.58 Bn |
| Dec 31, 2023 | 1.58 Bn |
| Sep 30, 2023 | 1.57 Bn |
| Jun 30, 2023 | 1.57 Bn |
| Mar 31, 2023 | 1.57 Bn |
| Dec 31, 2022 | 1.57 Bn |
| Sep 30, 2022 | 1.57 Bn |
| Jun 30, 2022 | 1.57 Bn |
| Mar 31, 2022 | 1.98 Bn |
| Dec 31, 2021 | 2.08 Bn |
| Sep 30, 2021 | 2.08 Bn |
API Access
SM Energy Non-Current Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-current-debt&ticker=SM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "ticker": "SM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=non-current-debt&ticker=SM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();