Company / Working Capital
SM Energy Company Working Capital History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
-$358.0M
FY2025
5-year range
-$358.0M / $282.6M
FY2021-FY2025
Trend
-0.8%
vs FY2024
Sector context
#85 of 102
Energy
What the data says
SM Energy Company's working capital of -$358M is lower than 83% of companies in the Energy sector (FY2025). Working Capital has fluctuated over the past 10 years, ranging from -$380M in FY2020 to $283M in FY2023.
Based on SEC 10-K filings.
-$358M in FY2025.
Declined from $283M to -$358M over the past 2 years.
Energy sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 17% in EnergyTop 83% of 102This company -$358.0M Sector average $636.0M
▼
-156.3% below sector average
Key checks
Key Insights
- In FY2025, working capital decreased 0.8% year-over-year.
- Ranks #85 out of 102 companies in the Energy sector.
- Peak working capital was recorded in FY2023.
- Lowest working capital in the period was in FY2020.
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 | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$358.0M | -0.8% |
| FY2024 | -$355.0M | -225.6% |
| FY2023 | $282.6M | +103.9% |
| FY2022 | $138.6M | +150.2% |
| FY2021 | -$276.1M | +27.3% |
| FY2020 | -$380.1M | -73.2% |
| FY2019 | -$219.4M | -496.4% |
| FY2018 | -$36.8M | -264.4% |
| FY2017 | -$10.1M | +94.7% |
| FY2016 | -$190.5M | -188.0% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026