Current Net Margin
15.17%
SM Energy Company currently has a net profit margin of 15.17%.
Financial Fundamentals
SM • Quarterly Data • 5Y View
Historical Margin Data
| Date | Rev ($B) | NI ($B) | Net Margin | Change (bps) |
|---|---|---|---|---|
| 2025-12-31 | 0.72 | 0.11 | 15.17% | ▼395 |
| 2025-09-30 | 0.81 | 0.16 | 19.12% | ▼656 |
| 2025-06-30 | 0.79 | 0.20 | 25.69% | ▲398 |
| 2025-03-31 | 0.84 | 0.18 | 21.71% | ▼82 |
| 2024-12-31 | 0.84 | 0.19 | 22.53% | ▼1492 |
| 2024-09-30 | 0.64 | 0.24 | 37.44% | ▲424 |
| 2024-06-30 | 0.63 | 0.21 | 33.20% | ▲975 |
| 2024-03-31 | 0.56 | 0.13 | 23.45% | ▼1727 |
| 2023-12-31 | 0.61 | 0.25 | 40.72% | ▲596 |
| 2023-09-30 | 0.64 | 0.22 | 34.76% | ▲734 |
| 2023-06-30 | 0.55 | 0.15 | 27.42% | ▼736 |
| 2023-03-31 | 0.57 | 0.20 | 34.79% | ▼383 |
| 2022-12-31 | 0.67 | 0.26 | 38.62% | ▼1953 |
| 2022-09-30 | 0.83 | 0.48 | 58.15% | ▲2549 |
| 2022-06-30 | 0.99 | 0.32 | 32.66% | ▲2698 |
| 2022-03-31 | 0.86 | 0.05 | 5.68% | ▼4402 |
| 2021-12-31 | 0.85 | 0.42 | 49.70% | ▲3844 |
| 2021-09-30 | 0.76 | 0.09 | 11.26% | ▲5081 |
| 2021-06-30 | 0.56 | -0.22 | -39.55% | ▲1706 |
| 2021-03-31 | 0.44 | -0.25 | -56.61% | ▼504 |
| 2020-12-31 | 0.32 | -0.17 | -51.57% | ▼1672 |
| 2020-09-30 | 0.28 | -0.10 | -34.85% | ▲1776 |
| 2020-06-30 | 0.17 | -0.09 | -52.62% | ▲6317 |
| 2020-03-31 | 0.36 | -0.41 | -115.79% | ▼9317 |
| 2019-12-31 | 0.45 | -0.10 | -22.62% | ▼3344 |
| 2019-09-30 | 0.39 | 0.04 | 10.82% | ▼156 |
| 2019-06-30 | 0.41 | 0.05 | 12.38% | ▲6448 |
| 2019-03-31 | 0.34 | -0.18 | -52.09% | ▼13092 |
| 2018-12-31 | 0.39 | 0.31 | 78.83% | ▲10847 |
| 2018-09-30 | 0.46 | -0.14 | -29.64% | ▼3389 |
| 2018-06-30 | 0.40 | 0.02 | 4.25% | ▼7836 |
| 2018-03-31 | 0.38 | 0.32 | 82.61% | ▲9033 |
| 2017-12-31 | 0.34 | -0.03 | -7.72% | ▲2225 |
| 2017-09-30 | 0.30 | -0.09 | -29.98% | ▲1168 |
| 2017-06-30 | 0.29 | -0.12 | -41.66% | ▼6386 |
| 2017-03-31 | 0.34 | 0.07 | 22.20% | ▲8024 |
| 2016-12-31 | 0.35 | -0.20 | -58.04% | ▼4565 |
| 2016-09-30 | 0.33 | -0.04 | -12.39% | ▲4543 |
| 2016-06-30 | 0.29 | -0.17 | -57.81% | ▲10589 |
| 2016-03-31 | 0.21 | -0.35 | -163.70% | ▼4998 |
| 2015-12-31 | 0.30 | -0.34 | -113.72% | ▼11457 |
| 2015-09-30 | 0.37 | 0.00 | 0.84% | ▲1379 |
| 2015-06-30 | 0.44 | -0.06 | -12.94% | ▲26 |
| 2015-03-31 | 0.40 | -0.05 | -13.21% | ▼6894 |
| 2014-12-31 | 0.60 | 0.33 | 55.74% | ▲2226 |
| 2014-09-30 | 0.62 | 0.21 | 33.47% | ▲2458 |
| 2014-06-30 | 0.67 | 0.06 | 8.89% | ▼153 |
| 2014-03-31 | 0.63 | 0.07 | 10.42% | ▲927 |
| 2013-12-31 | 0.61 | 0.01 | 1.15% | ▼1038 |
| 2013-09-30 | 0.61 | 0.07 | 11.53% | ▼215 |
| 2013-06-30 | 0.56 | 0.08 | 13.68% | ▲1023 |
| 2013-03-31 | 0.48 | 0.02 | 3.45% | ▲1775 |
| 2012-12-31 | 0.47 | -0.07 | -14.29% | ▼438 |
| 2012-09-30 | 0.39 | -0.04 | -9.91% | ▼1749 |
| 2012-06-30 | 0.33 | 0.02 | 7.58% | ▲60 |
| 2012-03-31 | 0.38 | 0.03 | 6.98% | ▲2675 |
| 2011-12-31 | 0.61 | -0.12 | -19.77% | ▼6258 |
| 2011-09-30 | 0.54 | 0.23 | 42.82% | ▲1040 |
| 2011-06-30 | 0.38 | 0.12 | 32.41% | ▲3875 |
| 2011-03-31 | 0.29 | -0.02 | -6.34% | ▼1897 |
| 2010-12-31 | 0.29 | 0.04 | 12.63% | ▲540 |
| 2010-09-30 | 0.21 | 0.02 | 7.23% | ▼202 |
| 2010-06-30 | 0.20 | 0.02 | 9.25% | ▼4409 |
| 2010-03-31 | 0.24 | 0.13 | 53.34% | ▲5293 |
| 2009-12-31 | 0.24 | 0.00 | 0.41% | ▲279 |
| 2009-09-30 | 0.19 | -0.00 | -2.38% | ▲168 |
| 2009-06-30 | 0.21 | -0.01 | -4.06% | ▲3993 |
| 2009-03-31 | 0.20 | -0.09 | -43.98% | ▲484 |
| 2008-12-31 | 0.26 | -0.13 | -48.82% | ▼7566 |
| 2008-09-30 | 0.32 | 0.09 | 26.84% | ▲1775 |
| 2008-06-30 | 0.36 | 0.03 | 9.10% | ▼1713 |
| 2008-03-31 | 0.36 | 0.09 | 26.23% | ▲1429 |
| 2007-12-31 | 0.28 | 0.03 | 11.94% | ▼1143 |
| 2007-09-30 | 0.25 | 0.06 | 23.37% | ▼60 |
| 2007-06-30 | 0.25 | 0.06 | 23.97% | ▲589 |
| 2007-03-31 | 0.22 | 0.04 | 18.08% | ▼340 |
| 2006-12-31 | 0.20 | 0.04 | 21.48% | ▼674 |
| 2006-09-30 | 0.20 | 0.06 | 28.22% | ▲620 |
| 2006-06-30 | 0.18 | 0.04 | 22.01% | ▼409 |
| 2006-03-31 | 0.19 | 0.05 | 26.10% | ▲362 |
| 2005-12-31 | 0.23 | 0.05 | 22.48% | ▲904 |
| 2005-09-30 | 0.20 | 0.03 | 13.44% | ▼951 |
| 2005-06-30 | 0.17 | 0.04 | 22.95% | ▼145 |
| 2005-03-31 | 0.14 | 0.04 | 24.41% | ▲327 |
| 2004-12-31 | 0.13 | 0.03 | 21.14% | ▲26 |
| 2004-09-30 | 0.11 | 0.02 | 20.88% | ▲133 |
| 2004-06-30 | 0.11 | 0.02 | 19.55% | ▼268 |
| 2004-03-31 | 0.10 | 0.02 | 22.23% | ▼294 |
| 2003-12-31 | 0.10 | 0.02 | 25.17% | ▲1002 |
| 2003-09-30 | 0.09 | 0.01 | 15.15% | ▼828 |
| 2003-06-30 | 0.10 | 0.02 | 23.43% | ▼898 |
| 2003-03-31 | 0.10 | 0.03 | 32.41% | ▲1978 |
| 2002-12-31 | 0.06 | 0.01 | 12.63% | ▼325 |
| 2002-09-30 | 0.05 | 0.01 | 15.88% | ▼529 |
| 2002-06-30 | 0.05 | 0.01 | 21.17% | ▲1575 |
| 2002-03-31 | 0.04 | 0.00 | 5.42% | ▲303 |
| 2001-12-31 | 0.04 | 0.00 | 2.39% | ▼901 |
| 2001-09-30 | 0.04 | 0.00 | 11.40% | ▼1412 |
| 2001-06-30 | 0.06 | 0.01 | 25.52% | ▼432 |
| 2001-03-31 | 0.07 | 0.02 | 29.84% | ▲350 |
| 2000-12-31 | 0.06 | 0.02 | 26.33% | ▼550 |
| 2000-09-30 | 0.05 | 0.02 | 31.84% | ▲66 |
| 2000-06-30 | 0.05 | 0.01 | 31.18% | ▲988 |
| 2000-03-31 | 0.04 | 0.01 | 21.30% | ▲4080 |
| 1999-12-31 | 0.02 | -0.00 | -19.50% | ▼3206 |
| 1999-09-30 | 0.02 | 0.00 | 12.56% | ▲63 |
| 1999-06-30 | 0.02 | 0.00 | 11.93% | ▲909 |
| 1999-03-31 | 0.01 | 0.00 | 2.84% | ▲2417 |
| 1998-12-31 | 0.02 | -0.00 | -21.33% | ▲2477 |
| 1998-09-30 | 0.02 | -0.01 | -46.11% | ▼5645 |
| 1998-06-30 | 0.02 | 0.00 | 10.34% | ▲144 |
| 1998-03-31 | 0.02 | 0.00 | 8.90% | ▲156 |
| 1997-12-31 | 0.02 | 0.00 | 7.34% | ▼1482 |
| 1997-09-30 | 0.02 | 0.00 | 22.16% | ▼749 |
| 1997-06-30 | 0.02 | 0.01 | 29.65% | ▼789 |
| 1997-03-31 | 0.03 | 0.01 | 37.54% | ▲1486 |
| 1996-12-31 | 0.02 | 0.00 | 22.68% | ▲215 |
| 1996-09-30 | 0.02 | 0.00 | 20.53% | ▲288 |
| 1996-06-30 | 0.01 | 0.00 | 17.65% | ▲1326 |
| 1996-03-31 | 0.01 | 0.00 | 4.39% | — |
* Basis Point (bps) change measures sequential efficiency shifts. 100 bps = 1.00% Margin change.