What are SM Energy's profit margins?

SM Energy (SM) runs a 71.3% gross margin and a 11.2% operating margin, with a 3.5% net margin.

Where do SM Energy's ratios come from?

Every ratio is computed from SM Energy's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

SM Energy SM Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Gross margin	71.9%-4.4pp	76.3%+0.1pp	76.2%-5.3pp	81.5%+0.8pp
Operating margin	31.7%-8.3pp	40%-1.6pp	41.6%-5.5pp	47%+39.1pp
Net margin	20.5%-8.1pp	28.6%-5.8pp	34.5%+1.3pp	33.1%+31.7pp
Returns
Return on equity	14.3%-5.3pp	19.6%-4.8pp	24.4%-18.8pp	43.2%+41.4pp
Return on assets	7.3%-3.0pp	10.3%-3.2pp	13.5%-6.8pp	20.3%+19.6pp
Return on invested capital	17.6%-5.8pp	23.4%-0.9pp	24.2%-15.0pp	39.3%+32.2pp
Efficiency
Asset turnover	0.4×0.0×	0.4×0.0×	0.4×-0.2×	0.6×+0.1×
Liquidity
Current ratio	0.7×+0.1×	0.6×-0.9×	1.4×+0.2×	1.2×+0.5×
Quick ratio	0.7×+0.1×	0.6×-0.9×	1.4×+0.2×	1.2×+0.5×
Cash ratio	0.3×—	0×-1.0×	1×+0.2×	0.7×+0.4×
Leverage
Debt-to-equity	0×0.0×	0×0.0×	0×-0.5×	0.5×+0.3×
Debt-to-assets	0×0.0×	0×0.0×	0×-0.3×	0.3×+0.2×
Interest coverage	5.8×-1.8×	7.6×-3.1×	10.7×-2.4×	13.1×+11.8×
Per Share
Book value per share	$41.83+14.5%	$36.53+20.2%	$30.39+22.2%	$24.86+49.1%
Valuation
Market capitalization	$2.14B-51.7%	$4.43B-1.2%	$4.49B+5.0%	$4.28B+19.4%
Enterprise value	$1.91B-57.5%	$4.5B+15.0%	$3.91B-28.0%	$5.44B+47.7%
Price / earnings	3.3×-2.5×	5.8×+0.3×	5.5×+1.6×	3.8×-95.0×
Price / sales	0.7×-1.0×	1.6×-0.2×	1.9×+0.6×	1.3×-0.1×
Price / book	0.4×-0.6×	1×-0.2×	1.2×-0.1×	1.4×-0.3×
EV / sales	0.6×-1.1×	1.7×0.0×	1.6×0.0×	1.6×+0.2×
Earnings yield	30.2%+12.9pp	17.4%-0.9pp	18.2%-7.8pp	26%+25.0pp
Dividend yield	4.3%+2.4pp	1.9%+0.3pp	1.6%+1.1pp	0.5%—

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Questions, answered.

What are SM Energy's profit margins?: SM Energy (SM) runs a 71.3% gross margin and a 11.2% operating margin, with a 3.5% net margin.
Where do SM Energy's ratios come from?: Every ratio is computed from SM Energy's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.