SM Energy Co Cash Flow Reinvestment Rate
SM Energy Co cash flow reinvestment rate. SM Energy Co (SM) has a Cash Flow Reinvestment Rate of 0.87x as of March 2026, reinvesting $555.00 Million (capex $555.00 Million ) from operating cash flow of $640.00 Million. See SM Energy Co (SM) financial flexibility to measure the company's free cash flow as a share of total liabilities.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Cash Flow Reinvestment Rate of SM Energy Co (1990–2025)
Cash flow reinvestment rate of SM Energy Co from 1990 to 2025. Historical reinvestment intensity for SM Energy Co across 36 annual periods. Explore SM Energy Co (SM) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
SM Energy Co Cash Flow Reinvestment Rate by Year (1990–2025)
SM Energy Co cash flow reinvestment rate by year from 1990 to 2025. Year-by-year capital reinvestment analysis for SM Energy Co. For the full cash flow conversion analysis, see SM Energy Co cash conversion from operations.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.72x | $1.44 Billion | $2.01 Billion | $1.44 Billion | ▼ -81.3% |
| 2024 | 3.83x | $6.82 Billion | $1.78 Billion | $3.41 Billion | ▲ +166.3% |
| 2023 | 1.44x | $2.26 Billion | $1.57 Billion | $1.10 Billion | ▲ +37.7% |
| 2022 | 1.04x | $1.76 Billion | $1.69 Billion | $879.93 Million | ▼ -10.0% |
| 2021 | 1.16x | $1.35 Billion | $1.16 Billion | $678.16 Million | ▼ -17.4% |
| 2020 | 1.40x | $1.11 Billion | $790.94 Million | $555.66 Million | ▼ -43.3% |
| 2019 | 2.48x | $2.04 Billion | $823.57 Million | $1.03 Billion | ▼ -7.3% |
| 2018 | 2.67x | $1.92 Billion | $720.63 Million | $1.34 Billion | ▲ +16.7% |
| 2017 | 2.29x | $1.18 Billion | $515.39 Million | $978.25 Million | ▼ -73.0% |
| 2016 | 8.47x | $4.68 Billion | $552.80 Million | $2.81 Billion | ▲ +452.1% |
| 2015 | 1.53x | $1.50 Billion | $978.35 Million | $1.50 Billion | ▼ -11.3% |
| 2014 | 1.73x | $2.52 Billion | $1.46 Billion | $2.52 Billion | ▲ +43.3% |
| 2013 | 1.21x | $1.62 Billion | $1.34 Billion | $1.62 Billion | ▼ -26.5% |
| 2012 | 1.64x | $1.51 Billion | $921.97 Million | $1.51 Billion | ▼ -23.5% |
| 2011 | 2.15x | $1.63 Billion | $760.53 Million | $1.63 Billion | ▲ +59.6% |
| 2010 | 1.35x | $668.95 Million | $497.10 Million | $668.95 Million | ▲ +54.7% |
| 2009 | 0.87x | $379.33 Million | $436.11 Million | $379.33 Million | ▼ -28.7% |
| 2008 | 1.22x | $827.44 Million | $678.22 Million | $827.44 Million | ▼ -6.2% |
| 2007 | 1.30x | $820.63 Million | $630.79 Million | $820.63 Million | ▼ -16.2% |
| 2006 | 1.55x | $725.70 Million | $467.70 Million | $725.70 Million | ▲ +134.5% |
| 2005 | 0.66x | $270.88 Million | $409.38 Million | $270.88 Million | ▼ -41.5% |
| 2004 | 1.13x | $268.19 Million | $237.16 Million | $268.19 Million | ▲ +15.4% |
| 2003 | 0.98x | $200.24 Million | $204.32 Million | $200.24 Million | ▼ -24.8% |
| 2002 | 1.30x | $184.72 Million | $141.71 Million | $184.72 Million | ▼ -2.7% |
| 2001 | 1.34x | $170.80 Million | $127.49 Million | $170.80 Million | ▲ +89.5% |
| 2000 | 0.71x | $65.24 Million | $92.27 Million | $65.24 Million | ▼ -28.4% |
| 1999 | 0.99x | $40.30 Million | $40.80 Million | $40.30 Million | ▼ -23.5% |
| 1998 | 1.29x | $58.60 Million | $45.40 Million | $58.60 Million | ▼ -31.7% |
| 1997 | 1.89x | $81.50 Million | $43.10 Million | $81.50 Million | ▲ +66.4% |
| 1996 | 1.14x | $27.50 Million | $24.20 Million | $27.50 Million | ▼ -11.4% |
| 1995 | 1.28x | $22.70 Million | $17.70 Million | $22.70 Million | ▲ +53.1% |
| 1994 | 0.84x | $17.00 Million | $20.30 Million | $17.00 Million | ▲ +22.2% |
| 1993 | 0.69x | $13.50 Million | $19.70 Million | $13.50 Million | ▲ +7.0% |
| 1992 | 0.64x | $17.30 Million | $27.00 Million | $17.30 Million | ▼ -51.0% |
| 1991 | 1.31x | $15.30 Million | $11.70 Million | $15.30 Million | ▲ +150.0% |
| 1990 | 0.52x | $7.90 Million | $15.10 Million | $7.90 Million | — |