Company / Operating Income
SM Energy Company Operating Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$1.0B
FY2025
5-year range
-$70.0M / $1.6B
FY2021-FY2025
Trend
-7.1%
vs FY2024
Sector context
#21 of 89
Energy
What the data says
SM Energy Company's operating income of $1.0B is higher than 76% of companies in the Energy sector (FY2025). Operating Income has fluctuated over the past 10 years, ranging from -$1.1B in FY2020 to $1.6B in FY2022.
Based on SEC 10-K filings.
$1.0B in FY2025 with a 3-year CAGR of -14.1%. Top quartile in the Energy sector.
Remained stable around $1.0B over the past 2 years.
Energy sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- -14.1%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top 24% in EnergyTop 24% of 89This company $1.0B Sector average $885.1M
▼
+13.0% above sector average
Key checks
Key Insights
- 3-year CAGR of -14.1%, indicating a declining trend.
- In FY2025, operating income decreased 7.1% year-over-year.
- Ranks #21 out of 89 companies in the Energy sector.
- Peak operating income was recorded in FY2022.
Company context
Key Data Points
- Strong profit margin: 22.0%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.0B | -7.1% |
| FY2024 | $1.1B | +9.0% |
| FY2023 | $987.0M | -37.5% |
| FY2022 | $1.6B | +2357.4% |
| FY2021 | -$70.0M | +93.5% |
| FY2020 | -$1.1B | -1427.8% |
| FY2019 | -$70.0M | -108.4% |
| FY2018 | $836.3M | +610.8% |
| FY2017 | -$163.7M | +84.5% |
| FY2016 | -$1.1B | -387.7% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026