SM Energy Company (SM) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

$39.58 +0.05% NYSE • Public Delayed / 60s Snapshot

SM Energy Company (SM) carries a Roarable Rating of C+ (Hold) with 69/100 RQD Confidence. The underlying business is intact, so current owners don’t need to panic-sell—but mixed big-money flow or rich pricing means new buyers can afford to wait for either a pullback or a B-or-higher upgrade.

ROARABLE C+ • HOLD / WATCH Cap $9.41B
INTERACTIVE SCENARIO DECK:
🛡️ Portfolio Crash X-Ray
RQD QUANT TACHOMETERHOLD / WATCH • C+
025507510069
2-of-3 JEV AI Jury Bullish
Cash
SEC
Whale
5-PILLAR SNOWFLAKE RADARRw C · Rk B+
Cash (15)Whales (10)SEC (16)Macro (16)CEO (12)
Each axis scored 0–20
12M PRICE TARGET CONE+5% Base Target
$49 Bull$42 Base$32 Bear
🔴 SUNDAY NIGHT PREP • 7:00 PM ET
WHALE OPTIONS TUG-OF-WAR:55% Call Buyers ($2.5M)
45% PutsMax Pain: $39.00
VISUAL REVENUE-TO-PROFIT SANKEY WATERFALL • FY 2025 (10-K)

How SM Turns Every Dollar of Sales Into Real Bottom-Line Profit

Free Cash Flow:$1.87B (59.3% FCF Margin)
Revenue$3.15BGross Profit $1.39B (44%)Cost of Sales $1.77BOp Profit $1.00B (31.7%)OpEx (R&D/SG&A) $387.8MNet Profit$648.0M (20.5%)Tax/Other $352.0M

Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory

■ Revenue■ Net Profit■ Free Cash Flow
FY23
Rev $2.37B
FY24
Rev $2.69B
FY25
Rev $3.15B
Fiscal YearRevenueGross MarginOp MarginNet ProfitFree Cash FlowROIC %
FY 2025$3.15B44%31.7%$648.0M$1.87B12%
FY 2024$2.69B44%40%$770.0M$1.66B13.6%
FY 2023$2.37B44%41.6%$818.0M$1.47B24.9%
🔴 SUNDAY NIGHT PREP • 7:00 PM ETHosted Live by Perry Belcher & Guest Forensic Quant Desk

Red-Light Warning Desk: How Pros Profit When Overhyped Stocks Crack (Featuring SM)

  • ✓Live walkthrough of SM's RQD Radar, SEC cash-conversion gap & downside levels
  • ✓3 asymmetric Bear/Hedge setups institutions use when 10-year yields stay elevated
  • ✓Includes instant 24/7 email alert whenever any of your stocks flip to Red
RQD INSIDER CLUB UPGRADE$49/YEAR
Want Plain-English AI Custom Indicators, Daily Pro Trader Video Clips & SMS Crash Alerts?
SM // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +30.13%▲ ASCENDING CHANNEL
2026-10-30O $40.00H $40.44L $39.68C $40.38VOL 2.61M
RES: $43.90SUP: $35.25SMA50: $37.15SMA200: $30.33
$42.81$37.64$32.48$27.32$22.16RES $43.90SUP $35.25$40.382026-04-302026-06-152026-07-312026-09-162026-10-30
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

SM Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)
6.5%/yr Implied 5Y Growth

vs. +17.2% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on SM today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for SM. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for SM today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

SM Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

How profitable is SM Energy Company (SM)?

In FY 2025 (10-K), SM converted $3.2B of revenue into a 44% gross margin, 31.7% operating margin, and $1.9B in free cash flow (59.3% FCF margin).