SM Energy Co (SM) — Free Cash Flow Generation Index
Latest as of September 2025:
1.00x
SM Energy Co (SM) has a Free Cash Flow Generation Index of 1.00x as of September 2025. Free cash flow of $504.96 Million represents 1% of operating cash flow ($504.96 Million). See SM working capital ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
1.00x
Free Cash Flow / Operating CF
Free Cash Flow
$504.96 Million
USD
Operating Cash Flow
$504.96 Million
USD
Capital Expenditures
$404.28 Million
USD
SM Energy Co Free Cash Flow Generation Index (1990–2024)
Historical FCF Generation Index trend for SM Energy Co across 35 annual periods. Explore SM cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for SM Energy Co (1990–2024)
Year-by-year Free Cash Flow Generation Index for SM Energy Co. For the full company profile including market capitalisation, see market value of SM Energy Co.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2024 | -0.92x | $-1.63 Billion | $1.78 Billion | $3.41 Billion | ▼ -403.4% |
| 2023 | 0.30x | $475.05 Million | $1.57 Billion | $1.10 Billion | ▼ -36.9% |
| 2022 | 0.48x | $806.47 Million | $1.69 Billion | $879.93 Million | ▲ +15.2% |
| 2021 | 0.42x | $481.61 Million | $1.16 Billion | $678.16 Million | ▲ +39.6% |
| 2020 | 0.30x | $235.29 Million | $790.94 Million | $555.66 Million | ▲ +220.8% |
| 2019 | -0.25x | $-202.78 Million | $823.57 Million | $1.03 Billion | ▲ +71.2% |
| 2018 | -0.85x | $-615.81 Million | $720.63 Million | $1.34 Billion | ▲ +4.8% |
| 2017 | -0.90x | $-462.86 Million | $515.39 Million | $978.25 Million | ▲ +78.0% |
| 2016 | -4.09x | $-2.26 Billion | $552.80 Million | $2.81 Billion | ▼ -664.7% |
| 2015 | -0.53x | $-523.24 Million | $978.35 Million | $1.50 Billion | ▲ +26.7% |
| 2014 | -0.73x | $-1.06 Billion | $1.46 Billion | $2.52 Billion | ▼ -253.1% |
| 2013 | -0.21x | $-276.62 Million | $1.34 Billion | $1.62 Billion | ▲ +67.8% |
| 2012 | -0.64x | $-591.63 Million | $921.97 Million | $1.51 Billion | ▲ +44.1% |
| 2011 | -1.15x | $-872.56 Million | $760.53 Million | $1.63 Billion | ▼ -231.9% |
| 2010 | -0.35x | $-171.85 Million | $497.10 Million | $668.95 Million | ▼ -365.5% |
| 2009 | 0.13x | $56.78 Million | $436.11 Million | $379.33 Million | ▲ +159.2% |
| 2008 | -0.22x | $-149.22 Million | $678.22 Million | $827.44 Million | ▲ +26.9% |
| 2007 | -0.30x | $-189.84 Million | $630.79 Million | $820.63 Million | ▲ +45.4% |
| 2006 | -0.55x | $-258.00 Million | $467.70 Million | $725.70 Million | ▼ -263.1% |
| 2005 | 0.34x | $138.50 Million | $409.38 Million | $270.88 Million | ▲ +358.6% |
| 2004 | -0.13x | $-31.03 Million | $237.16 Million | $268.19 Million | ▼ -754.7% |
| 2003 | 0.02x | $4.08 Million | $204.32 Million | $200.24 Million | ▲ +106.6% |
| 2002 | -0.30x | $-43.01 Million | $141.71 Million | $184.72 Million | ▲ +10.7% |
| 2001 | -0.34x | $-43.31 Million | $127.49 Million | $170.80 Million | ▼ -216.0% |
| 2000 | 0.29x | $27.03 Million | $92.27 Million | $65.24 Million | ▲ +2290.2% |
| 1999 | 0.01x | $500.00K | $40.80 Million | $40.30 Million | ▲ +104.2% |
| 1998 | -0.29x | $-13.20 Million | $45.40 Million | $58.60 Million | ▲ +67.4% |
| 1997 | -0.89x | $-38.40 Million | $43.10 Million | $81.50 Million | ▼ -553.4% |
| 1996 | -0.14x | $-3.30 Million | $24.20 Million | $27.50 Million | ▲ +51.7% |
| 1995 | -0.28x | $-5.00 Million | $17.70 Million | $22.70 Million | ▼ -273.8% |
| 1994 | 0.16x | $3.30 Million | $20.30 Million | $17.00 Million | ▼ -48.3% |
| 1993 | 0.31x | $6.20 Million | $19.70 Million | $13.50 Million | ▼ -12.4% |
| 1992 | 0.36x | $9.70 Million | $27.00 Million | $17.30 Million | ▲ +216.8% |
| 1991 | -0.31x | $-3.60 Million | $11.70 Million | $15.30 Million | ▼ -164.5% |
| 1990 | 0.48x | $7.20 Million | $15.10 Million | $7.90 Million | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).