SM Energy (SM) Retained Earnings (2009 - 2026)
SM Energy's (SM) quarterly Retained Earnings came in at $1.0 million in Q1 2026, down 99.97% year-on-year from $2.9 billion in Q1 2025, and down 99.97% on a QoQ basis from $3.3 billion in Q4 2025.
SM Energy (SM) Retained Earnings (2009 - 2026) Analysis & Trends
SM Energy (SM) has 18 years of Retained Earnings data on file, last reported at $1.0 million in Q1 2026.
- On a quarterly basis, Retained Earnings fell 99.97% year-over-year to $1.0 million in Q1 2026; TTM through Mar 2026 was $1.0 million, a 99.97% decrease from a year earlier, with the FY2025 full-year figure at $3.3 billion, up 329200.0% from the prior year.
- Retained Earnings for Q1 2026 stood at $1.0 million, down from $3.3 billion in the prior quarter.
- Over the last five years, Retained Earnings for SM reached as high as $3.3 billion in Q4 2025 and fell as low as -$12.7 million in Q1 2022.
- Historically, Retained Earnings has averaged $878.4 million across 5 years, with a median of -$1.0 million in 2024.
- Across the five-year window, Retained Earnings sank 101.71% in 2022 and jumped 329200.0% in 2025, its largest moves.
- Year by year, Retained Earnings stood at -$4.0 million in 2022, then soared by 51126.33% to $2.1 billion in 2023, then sank by 100.05% to -$1.0 million in 2024, then soared by 329200.0% to $3.3 billion in 2025, then slumped by 99.97% to $1.0 million in 2026.
- Per Business Quant data, the three most recent Retained Earnings figures were $1.0 million in Q1 2026, $3.3 billion in Q4 2025, and -$1.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 70.02 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | -6.00 Mn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 4.47 Bn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 6.38 Bn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 21.08 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 5.73 Bn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 3.79 Mn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | -121.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 5.79 Bn |
| 10 | SM Energy | 6.05 Bn | 5.40 Bn | 1.05 Bn | 1.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.00 Mn |
| Dec 31, 2025 | 3.29 Bn |
| Sep 30, 2025 | -1.12 Mn |
| Jun 30, 2025 | -1.14 Mn |
| Mar 31, 2025 | 2.89 Bn |
| Dec 31, 2024 | -1.00 Mn |
| Sep 30, 2024 | -2.48 Mn |
| Jun 30, 2024 | 2.35 Bn |
| Mar 31, 2024 | -2.60 Mn |
| Dec 31, 2023 | 2.05 Bn |
| Sep 30, 2023 | 1.83 Bn |
| Jun 30, 2023 | -4.00 Mn |
| Mar 31, 2023 | 1.49 Bn |
| Dec 31, 2022 | -4.02 Mn |
| Sep 30, 2022 | 1.07 Bn |
| Jun 30, 2022 | -12.49 Mn |
| Mar 31, 2022 | -12.67 Mn |
| Dec 31, 2021 | 234.53 Mn |
| Sep 30, 2021 | -190.37 Mn |
| Jun 30, 2021 | -274.75 Mn |