SM Energy (SM) Retained Earnings (2009 - 2026)
SM Energy (SM) posted Retained Earnings of $3.92 billion for Q2 2026, up 27.6% from $3.07 billion a year earlier and up 35.1% from the prior quarter.
SM Energy (SM) Retained Earnings (2009 - 2026) Analysis & Trends
At the end of FY2025, SM Energy's Retained Earnings came in at $3.29 billion, up 20.3% from FY2024.
- Annual Retained Earnings has increased for five consecutive years, with a five-year compound annual growth rate of 75.0% (FY2020 to FY2025).
- In prior years, SM Energy's Retained Earnings was $2.74 billion in FY2024 (+33.3%), $2.05 billion in FY2023 (+56.8%), $1.31 billion in FY2022 (+457.9%) and $234.53 million in FY2021 (+16.9%).
- The Q2 2026 figure stands as the highest quarterly Retained Earnings in data going back to Q4 2009.
- On a year-over-year basis, Retained Earnings has increased in each of the last 15 quarters, with growth averaging 26.4% over the last eight quarters.
- The year-over-year growth in Retained Earnings has ranged between 0.3% (Q1 2026) and 457.9% (Q4 2022) over the last five years.
- According to Business Quant data, Retained Earnings for the three prior quarters was $2.9 billion (Q1 2026), $3.29 billion (Q4 2025) and $3.21 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | - |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | 212.60 Bn |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | - |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | 38.78 Bn |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 72.92 Bn |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | - |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | 36.27 Bn |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | 25.07 Bn |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | - |
| 10 | SM Energy | 7.97 Bn | 6.37 Bn | 1.94 Bn | 3.92 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.92 Bn |
| Mar 31, 2026 | 2.90 Bn |
| Dec 31, 2025 | 3.29 Bn |
| Sep 30, 2025 | 3.21 Bn |
| Jun 30, 2025 | 3.07 Bn |
| Mar 31, 2025 | 2.89 Bn |
| Dec 31, 2024 | 2.74 Bn |
| Sep 30, 2024 | 2.57 Bn |
| Jun 30, 2024 | 2.35 Bn |
| Mar 31, 2024 | 2.16 Bn |
| Dec 31, 2023 | 2.05 Bn |
| Sep 30, 2023 | 1.83 Bn |
| Jun 30, 2023 | 1.62 Bn |
| Mar 31, 2023 | 1.49 Bn |
| Dec 31, 2022 | 1.31 Bn |
| Sep 30, 2022 | 1.07 Bn |
| Jun 30, 2022 | 605.56 Mn |
| Mar 31, 2022 | 282.08 Mn |
| Dec 31, 2021 | 234.53 Mn |
| Sep 30, 2021 | -190.37 Mn |
SM Energy Retained Earnings 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=retained-earnings&ticker=SM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "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=retained-earnings&ticker=SM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();