SM Energy Historical Income Statement
| SM Stock | USD 40.39 0.30 0.74% |
Historical analysis of SM Energy income statement accounts such as Other Operating Expenses of 787.8 M, Operating Income of 1 B or EBIT of 1.1 B can show how well SM Energy Co performed in making a profits. Evaluating SM Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of SM Energy's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining SM Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether SM Energy is a good buy for the upcoming year.
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About SM Energy Income Statement Analysis
SM Energy Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to SM Energy shareholders. The income statement also shows SM Energy investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
SM Energy Income Statement Chart
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Total Revenue
Total revenue comprises all receipts SM Energy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of SM Energy Co minus its cost of goods sold. It is profit before SM Energy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of SM Energy. It is also known as SM Energy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on SM Energy income statement and represents the costs associated with goods and services SM Energy provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from SM Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into SM Energy current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SM Energy Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. At this time, SM Energy's Total Operating Expenses is very stable compared to the past year. As of the 11th of December 2024, Income Before Tax is likely to grow to about 959.9 M, while Interest Expense is likely to drop about 56 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 1.3B | 1.2B | 1.3B | 1.3B | EBITDA | 1.0B | 2.2B | 1.7B | 1.8B |
SM Energy income statement Correlations
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SM Energy Account Relationship Matchups
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SM Energy income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 823.8M | 844.3M | 809.4M | 611.2M | 690.5M | 370.6M | |
| Interest Expense | 159.1M | 163.9M | 160.4M | 120.3M | 91.6M | 56.0M | |
| Total Revenue | 1.6B | 1.1B | 2.6B | 3.3B | 2.4B | 2.5B | |
| Gross Profit | 264.7M | (49.6M) | 1.3B | 2.1B | 1.1B | 1.2B | |
| Other Operating Expenses | 1.5B | 1.3B | 1.5B | 1.4B | 1.4B | 787.8M | |
| Operating Income | 58.6M | (218.5M) | 1.1B | 1.6B | 986.9M | 1.0B | |
| Ebit | 58.6M | (795.7M) | 209.1M | 1.6B | 1.0B | 1.1B | |
| Ebitda | 882.4M | 48.6M | 1.0B | 2.2B | 1.7B | 1.8B | |
| Cost Of Revenue | 1.3B | 1.2B | 1.3B | 1.2B | 1.3B | 1.3B | |
| Total Operating Expenses | 204.2M | 165.0M | 172.3M | 160.3M | 123.0M | 192.0M | |
| Income Before Tax | (231.0M) | (956.7M) | 46.2M | 1.4B | 914.2M | 959.9M | |
| Total Other Income Expense Net | (289.6M) | 112.2M | (163.0M) | (183.7M) | (72.7M) | (76.3M) | |
| Net Income | (187.0M) | (764.6M) | 36.2M | 1.1B | 817.9M | 858.8M | |
| Income Tax Expense | (44.0M) | (192.1M) | 9.9M | 283.8M | 96.3M | 101.1M | |
| Selling General Administrative | 132.8M | 99.2M | 111.9M | 114.6M | 121.1M | 89.7M | |
| Net Income Applicable To Common Shares | (187.0M) | (764.6M) | 36.2M | 1.1B | 1.0B | 1.1B | |
| Net Income From Continuing Ops | (187.0M) | (764.6M) | 36.2M | 1.1B | 817.9M | 858.8M | |
| Non Recurring | 85.3M | 1.1B | 74.3M | 62.4M | 71.8M | 68.2M | |
| Non Operating Income Net Other | (2.0M) | 276.1M | (2.6M) | (63.4M) | (72.9M) | (69.2M) | |
| Tax Provision | (44.0M) | (192.1M) | 9.9M | 283.8M | 96.3M | 101.1M | |
| Interest Income | 159.1M | 163.9M | 160.4M | 120.3M | 19.9M | 18.9M | |
| Net Interest Income | (159.1M) | (163.9M) | (160.4M) | (120.3M) | (71.8M) | (75.4M) | |
| Reconciled Depreciation | 823.8M | 785.0M | 774.4M | 603.8M | 690.5M | 770.0M |
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Try AI Portfolio ArchitectCheck out World Market Map to better understand how to build diversified portfolios, which includes a position in SM Energy Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SM Energy. If investors know SM Energy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SM Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.112 | Dividend Share 0.74 | Earnings Share 7.14 | Revenue Per Share 20.3 | Quarterly Revenue Growth (0.04) |
The market value of SM Energy is measured differently than its book value, which is the value of SM Energy that is recorded on the company's balance sheet. Investors also form their own opinion of SM Energy's value that differs from its market value or its book value, called intrinsic value, which is SM Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SM Energy's market value can be influenced by many factors that don't directly affect SM Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SM Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if SM Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SM Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.