What is SM Energy's free cash flow margin?

SM Energy (SM) reported free cash flow margin of 50.1% in Q3 2022.

How has SM Energy's free cash flow margin changed year-over-year?

SM Energy's free cash flow margin increased by 6.0% year-over-year, from 47.3% to 50.1%.

What does free cash flow margin mean?

Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

SM Energy SM Free cash flow margin

Discontinued — last reported Q3 '22

Free cash flow margin at other companies

EOG ResourcesEOG

42.7%-3.6pp

Devon EnergyDVN

17.7%-0.9pp

Antero ResourcesAR

34.5%+11.6pp

Permian ResourcesPR

69.1%-2.0pp

ConocoPhillipsCOP

12.3%—

EQT CorporationEQT

39.4%—

Other financials

Income statement

See full

Revenue$1.5B+75.0%

Gross profit$1.1B+69.5%

Operating income-$298.0M-208%

Net income-$335.0M-284%

EPS (diluted)-$1.68-206%

Balance sheet

See full

Cash & equivalents$449.0M+831,381%

Total debt$138.0M+111%

Total equity$6.9B+55.9%

Total assets$19.1B+118%

Cash flow

See full

Operating cash flow$640.0M+32.5%

CapEx$12.8M—

Free cash flow$500.6M+43.7%

Valuation

See full

Market cap$6.51B+117%

P/E49.8×+46.1×

P/S1.7×+0.7×

Profitability

See full

Gross margin71.3%-4.4pp

Operating margin11.2%-28.2pp

Net margin3.5%-24.1pp

Returns & leverage

See full

Return on equity2.3%-17.9pp

Debt / equity0×0.0×

Current ratio0.4×-0.2×

Where this comes from

Calculated from SM Energy’s reported figures.

free cash flow/total revenue=50.1%

Based on trailing twelve months.

The official record: SM Energy’s 10-Q, filed November 4, 2022, on SEC EDGAR. View the filing →

Ask your AI about SM Energy's free cash flow margin.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is SM Energy's free cash flow margin?: SM Energy (SM) reported free cash flow margin of 50.1% in Q3 2022.
How has SM Energy's free cash flow margin changed year-over-year?: SM Energy's free cash flow margin increased by 6.0% year-over-year, from 47.3% to 50.1%.
What does free cash flow margin mean?: Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.