KPIs & Operating Metrics(New)
Growth Metrics

SM Energy (SM) Payables (2016 - 2025)

SM Energy (SM) has disclosed Payables for 17 consecutive years, with $690.0 million as the latest value for Q4 2025.

  • On a quarterly basis, Payables fell 9.21% to $690.0 million in Q4 2025 year-over-year; TTM through Dec 2025 was $690.0 million, a 9.21% decrease, with the full-year FY2025 number at $690.0 million, down 9.21% from a year prior.
  • Payables was $690.0 million for Q4 2025 at SM Energy, up from $674.2 million in the prior quarter.
  • In the past five years, Payables ranged from a high of $794.0 million in Q2 2025 to a low of $394.2 million in Q1 2021.
  • A 5-year average of $588.4 million and a median of $562.1 million in 2021 define the central range for Payables.
  • Peak YoY movement for Payables: soared 93.07% in 2021, then fell 14.48% in 2023.
  • SM Energy's Payables stood at $563.3 million in 2021, then decreased by 5.51% to $532.3 million in 2022, then grew by 14.9% to $611.6 million in 2023, then grew by 24.26% to $760.0 million in 2024, then dropped by 9.21% to $690.0 million in 2025.
  • Per Business Quant, the three most recent readings for SM's Payables are $690.0 million (Q4 2025), $674.2 million (Q3 2025), and $794.0 million (Q2 2025).