SM ENERGY CO (SM) Operating margin 2016–2025
SM ENERGY CO (SM) operating margin by fiscal year — reported operating income divided by reported revenue.
31.7%FY2025 · since FY2016: -86.8% → 31.7%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 31.7% | -8.3 pp |
| FY2024 | 40.0% | -1.6 pp |
| FY2023 | 41.6% | -5.5 pp |
| FY2022 | 47.0% | +39.1 pp |
| FY2021 | 8.0% | +102.8 pp |
| FY2020 | -94.9% | -90.5 pp |
| FY2019 | -4.4% | -44.9 pp |
| FY2018 | 40.5% | +55.0 pp |
| FY2017 | -14.5% | +72.3 pp |
| FY2016 | -86.8% | — |
Operating margin = reported operating income ÷ reported revenue for the same fiscal year. Operating-loss years show as a negative margin.
Source: SEC XBRL filings · For reference only · Not investment advice