# SM Energy Company (SM) fundamentals

Data as of 2026-11-05. NYSE, United States. Sector: Energy / Oil, Gas & Fuels. Price $31.06, market value $7.4 billion.

## Valuation
- **P/E (trailing): 6.7×** (5-yr avg 22.0×, 3-yr avg 4.7×). SM Energy Company trades at 6.7× trailing earnings, well below its own five-year average of 22.0×: cheap by its own standards. The Energy median in the September 2026 study was 16.8×. Forward P/E is 3.6×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 1.1×**. Each dollar of revenue is priced at 1.1×.
- **Price / book: 0.9×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **Earnings yield: 14.8%**. The inverse of the P/E: 14.8% of the price is earned each year.

## Profitability
- **Operating margin: 23.6%**. 23.6% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 20.5%**. 20.5% of each dollar of sales reaches the bottom line.
- **Return on equity: 13.5%**. 13.5% on shareholders' equity is solid.
- **Return on invested capital: 19.6%**. Return on all capital, debt included, is 19.6%: comfortably above what that capital costs.
- **Return on assets: 10.1%**. Each dollar of assets produces 10.1% of profit.

## Growth
- **Revenue growth (1 yr): 17.2%** (3-yr -2.1%/yr, 5-yr 22.9%/yr). Revenue grew 17.2% over the last year, against 22.9% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -15.4%** (3-yr -14.3%/yr). Earnings per share fell 15.4%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.43**. Debt is 0.43 times equity: a conservative balance sheet.
- **Current ratio: 0.69** (quick 0.69). Current liabilities exceed current assets, so the company depends on ongoing cash generation or refinancing to pay the next year's bills.
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend yield: 2.83%** ($0.88 per share, trailing). SM Energy Company yields 2.83%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 14%**. 14% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 5**. 5 straight years of increases.
- **Dividend growth (5 yr): 118.7%/yr** (1-yr 35.1%). The dividend has compounded at 118.7% a year over five years, doubling roughly every 1 years at that pace.

## Analyst view
- **Analyst consensus: buy** (18 analysts). 18 analysts cover SM Energy Company; the consensus is buy, with an average price target of $46.22 (+49% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 70.6%** (YTD 68.7%, 3-mo 7.0%). The shares are up 70.6% over twelve months including dividends.
- **From 52-week high: -25.3%** (78.0% above the low). Trading 25% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 29**. An RSI of 29 is oversold; bounces are common, but oversold can stay oversold in a real decline.
- **Beta (1 yr): -0.79** (volatility 54%). Beta of -0.79 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=SM · Page: https://foliofundamentals.com/stocks/sm

Not investment advice.