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Growth Metrics

SM Energy (SM) Shares Outstanding (Diluted Average) (2016 - 2025)

SM Energy (SM) has disclosed Shares Outstanding (Diluted Average) for 17 consecutive years, with $115.0 million as the latest value for Q4 2025.

  • Quarterly Shares Outstanding (Diluted Average) fell 0.86% to $115.0 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $115.0 million through Dec 2025, down 0.86% year-over-year, with the annual reading at $115.0 million for FY2025, 0.86% down from the prior year.
  • Shares Outstanding (Diluted Average) for Q4 2025 was $115.0 million at SM Energy, roughly flat from $115.2 million in the prior quarter.
  • The five-year high for Shares Outstanding (Diluted Average) was $124.3 million in Q2 2022, with the low at $114.8 million in Q1 2021.
  • Average Shares Outstanding (Diluted Average) over 5 years is $118.8 million, with a median of $117.4 million recorded in 2021.
  • The sharpest move saw Shares Outstanding (Diluted Average) increased 8.76% in 2021, then fell 4.77% in 2024.
  • Over 5 years, Shares Outstanding (Diluted Average) stood at $123.7 million in 2021, then increased by 0.32% to $124.1 million in 2022, then decreased by 4.1% to $119.0 million in 2023, then dropped by 2.52% to $116.0 million in 2024, then dropped by 0.86% to $115.0 million in 2025.
  • According to Business Quant data, Shares Outstanding (Diluted Average) over the past three periods came in at $115.0 million, $115.2 million, and $114.8 million for Q4 2025, Q3 2025, and Q2 2025 respectively.