SM Energy Co Cash Flow Quality Index

Latest as of December 2025: 4.15x

SM Energy Co 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 Energy Co cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

4.15x
Operating CF / Net Income

Operating Cash Flow

$451.91 Million
USD

Net Income

$108.98 Million
USD

Data as of

Dec 2025
Most recent filing

Cash Flow Quality Index of SM Energy Co (1990–2025)

Cash flow quality index of SM Energy Co from 1990 to 2025. Historical Cash Flow Quality Index for SM Energy Co across 28 annual periods. Values consistently above 1.0x indicate high-quality earnings. See SM net asset quality index to measure how much of total assets are equity-financed.

SM Energy Co Cash Flow Quality Index by Year (1990–2025)

SM Energy Co cash flow quality index by year from 1990 to 2025. Year-by-year earnings quality comparison for SM Energy Co. For the full cash flow conversion analysis, see SM Energy Co cash conversion from operations.

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 —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.