SM Energy Co (SM) — Cash Flow Quality Index
SM Energy Co (SM) has a Cash Flow Quality Index of 4.15x as of December 2025. Operating cash flow of $451.91 Million exceeds net income of $108.98 Million, indicating high earnings quality where cash backs reported profits. Explore SM cash generation efficiency to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
SM Energy Co Cash Flow Quality Index (1990–2025)
Historical Cash Flow Quality Index for SM Energy Co across 28 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check SM capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for SM Energy Co (1990–2025)
Year-by-year earnings quality comparison for SM Energy Co. For live market cap and the full company financial profile, see SM Energy Co stock valuation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 3.10x | $2.01 Billion | $648.00 Million | ▲ +34.1% |
| 2024 | 2.31x | $1.78 Billion | $770.29 Million | ▲ +20.2% |
| 2023 | 1.92x | $1.57 Billion | $817.88 Million | ▲ +26.9% |
| 2022 | 1.52x | $1.69 Billion | $1.11 Billion | ▼ -95.3% |
| 2021 | 32.01x | $1.16 Billion | $36.23 Million | ▲ +2158.5% |
| 2018 | 1.42x | $720.63 Million | $508.41 Million | ▼ -35.2% |
| 2014 | 2.19x | $1.46 Billion | $666.05 Million | ▼ -72.1% |
| 2013 | 7.83x | $1.34 Billion | $170.94 Million | ▲ +121.8% |
| 2011 | 3.53x | $760.53 Million | $215.42 Million | ▲ +39.8% |
| 2010 | 2.53x | $497.10 Million | $196.84 Million | ▼ -65.9% |
| 2008 | 7.41x | $678.22 Million | $91.55 Million | ▲ +122.8% |
| 2007 | 3.32x | $630.79 Million | $189.71 Million | ▲ +35.1% |
| 2006 | 2.46x | $467.70 Million | $190.01 Million | ▼ -8.6% |
| 2005 | 2.69x | $409.38 Million | $151.94 Million | ▲ +5.1% |
| 2004 | 2.56x | $237.16 Million | $92.48 Million | ▲ +20.0% |
| 2003 | 2.14x | $204.32 Million | $95.58 Million | ▼ -58.4% |
| 2002 | 5.14x | $141.71 Million | $27.56 Million | ▲ +63.2% |
| 2001 | 3.15x | $127.49 Million | $40.46 Million | ▲ +90.0% |
| 2000 | 1.66x | $92.27 Million | $55.62 Million | ▼ -99.6% |
| 1999 | 408.00x | $40.80 Million | $100.00K | ▲ +21767.3% |
| 1997 | 1.87x | $43.10 Million | $23.10 Million | ▼ -19.8% |
| 1996 | 2.33x | $24.20 Million | $10.40 Million | ▼ -77.7% |
| 1995 | 10.41x | $17.70 Million | $1.70 Million | ▲ +89.8% |
| 1994 | 5.49x | $20.30 Million | $3.70 Million | ▼ -5.3% |
| 1993 | 5.79x | $19.70 Million | $3.40 Million | ▲ +234.8% |
| 1992 | 1.73x | $27.00 Million | $15.60 Million | ▼ -52.7% |
| 1991 | 3.66x | $11.70 Million | $3.20 Million | ▼ -17.7% |
| 1990 | 4.44x | $15.10 Million | $3.40 Million | — |