SM Energy Co (SM) — Cash Flow Quality Index
SM Energy Co (SM) has a Cash Flow Quality Index of 3.26x as of September 2025. Operating cash flow of $504.96 Million exceeds net income of $155.09 Million, indicating high earnings quality where cash backs reported profits. Explore SM Energy Co long-term investment allocation to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
SM Energy Co Cash Flow Quality Index (1990–2024)
Historical Cash Flow Quality Index for SM Energy Co across 27 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check SM intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for SM Energy Co (1990–2024)
Year-by-year earnings quality comparison for SM Energy Co. For live market cap and the full company financial profile, see SM stock market capitalisation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 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 | — |