SM Energy Co Net Asset Quality Index
SM Energy Co net asset quality index. SM Energy Co (SM) has a Net Asset Quality Index of 35.9% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $19.14 Billion minus total liabilities of $12.28 Billion yields net assets of $6.87 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check earnings quality score of SM Energy Co to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of SM Energy Co (1990–2025)
Net asset quality index of SM Energy Co from 1990 to 2025. This chart shows how SM Energy Co's Net Asset Quality Index has evolved across 36 annual periods from 1990 to 2025. As of March 2026, the index stands at 35.9%, representing net assets of $6.87 Billion against total assets of $19.14 Billion USD. See SM net assets for net asset value and shareholders' equity analysis.
SM Energy Co Net Asset Quality Index by Year (1990–2025)
SM Energy Co net asset quality index by year from 1990 to 2025. The table below presents the year-by-year Net Asset Quality Index for SM Energy Co from 1990 to 2025, covering 36 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see SM market cap overview.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 52.0% | $4.81 Billion | $9.25 Billion | $4.44 Billion | ▲ +2.6 pp |
| 2024 | 49.4% | $4.24 Billion | $8.58 Billion | $4.34 Billion | ▼ -7.3 pp |
| 2023 | 56.7% | $3.62 Billion | $6.38 Billion | $2.76 Billion | ▲ +2.7 pp |
| 2022 | 54.0% | $3.09 Billion | $5.72 Billion | $2.63 Billion | ▲ +14.6 pp |
| 2021 | 39.4% | $2.06 Billion | $5.23 Billion | $3.17 Billion | ▼ -1.1 pp |
| 2020 | 40.5% | $2.02 Billion | $4.98 Billion | $2.96 Billion | ▼ -3.2 pp |
| 2019 | 43.7% | $2.75 Billion | $6.29 Billion | $3.54 Billion | ▼ -2.3 pp |
| 2018 | 46.0% | $2.92 Billion | $6.35 Billion | $3.43 Billion | ▲ +7.2 pp |
| 2017 | 38.8% | $2.39 Billion | $6.18 Billion | $3.78 Billion | ▼ -0.3 pp |
| 2016 | 39.1% | $2.50 Billion | $6.39 Billion | $3.90 Billion | ▲ +6.1 pp |
| 2015 | 33.0% | $1.85 Billion | $5.62 Billion | $3.77 Billion | ▼ -2.1 pp |
| 2014 | 35.1% | $2.29 Billion | $6.52 Billion | $4.23 Billion | ▲ +0.9 pp |
| 2013 | 34.2% | $1.61 Billion | $4.71 Billion | $3.10 Billion | ▲ +0.5 pp |
| 2012 | 33.7% | $1.41 Billion | $4.20 Billion | $2.79 Billion | ▼ -4.8 pp |
| 2011 | 38.5% | $1.46 Billion | $3.80 Billion | $2.34 Billion | ▼ -5.9 pp |
| 2010 | 44.4% | $1.22 Billion | $2.74 Billion | $1.53 Billion | ▲ +3.2 pp |
| 2009 | 41.2% | $973.57 Million | $2.36 Billion | $1.39 Billion | ▼ -0.6 pp |
| 2008 | 41.8% | $1.13 Billion | $2.70 Billion | $1.57 Billion | ▲ +8.3 pp |
| 2007 | 33.6% | $863.35 Million | $2.57 Billion | $1.71 Billion | ▼ -5.6 pp |
| 2006 | 39.1% | $743.37 Million | $1.90 Billion | $1.16 Billion | ▼ -5.7 pp |
| 2005 | 44.9% | $569.32 Million | $1.27 Billion | $699.43 Million | ▼ -6.4 pp |
| 2004 | 51.2% | $484.45 Million | $945.46 Million | $461.00 Million | ▼ -1.8 pp |
| 2003 | 53.1% | $390.65 Million | $735.85 Million | $345.20 Million | ▼ -2.8 pp |
| 2002 | 55.9% | $300.16 Million | $537.14 Million | $236.98 Million | ▼ -9.8 pp |
| 2001 | 65.6% | $286.83 Million | $436.99 Million | $150.16 Million | ▼ -12.3 pp |
| 2000 | 77.9% | $250.74 Million | $321.89 Million | $71.15 Million | ▼ -4.2 pp |
| 1999 | 82.1% | $189.10 Million | $230.40 Million | $41.30 Million | ▲ +9.1 pp |
| 1998 | 73.0% | $134.70 Million | $184.50 Million | $49.80 Million | ▲ +2.9 pp |
| 1997 | 70.1% | $147.90 Million | $211.00 Million | $63.10 Million | ▲ +18.0 pp |
| 1996 | 52.1% | $75.20 Million | $144.30 Million | $69.10 Million | ▼ -16.9 pp |
| 1995 | 69.0% | $66.30 Million | $96.10 Million | $29.80 Million | ▼ -4.8 pp |
| 1994 | 73.8% | $66.00 Million | $89.40 Million | $23.40 Million | ▼ -3.9 pp |
| 1993 | 77.8% | $63.60 Million | $81.80 Million | $18.20 Million | ▼ -3.1 pp |
| 1992 | 80.9% | $61.40 Million | $75.90 Million | $14.50 Million | ▲ +23.1 pp |
| 1991 | 57.8% | $31.10 Million | $53.80 Million | $22.70 Million | ▼ -10.4 pp |
| 1990 | 68.2% | $27.50 Million | $40.30 Million | $12.80 Million | — |