SM Energy price to free cash flow SM
Market value divided by free cash flow over the last twelve months, since 2015.
- Today, Oct 23, 2026
- n/m
- not a meaningful number
- Last meaningful
- 3.7×
- Jul 2026
- 10-year median
- 2.7×
- 10-year range
- 0.8× to 215×
- Peer median
- 10.3×
SM Energy's price to free cash flow is not a meaningful number today: free cash flow over the last twelve months was zero, negative or not reported.
It was last meaningful in Jul 2026, at 3.7×.
On the days it had one over the last ten years, its median was 2.7×, from 0.8× in Jul 2019 to 215× in Feb 2026.
Price to free cash flow over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 3.7× | 2.8× | 215× |
| 2025 | 168× | 166× | 183× |
| 2024 | n/m a value too high to mean anything | ||
| 2023 | n/m a value too high to mean anything | ||
| 2022 | n/m a value too high to mean anything | ||
| 2021 | n/m a value too high to mean anything | ||
| 2020 | n/m a value too high to mean anything | ||
| 2019 | 0.8× | 0.8× | 1.8× |
| 2018 | 1.3× | 1.2× | 3.3× |
| 2017 | 2.0× | 2.0× | 2.7× |
| 2016 | 2.6× | 0.3× | 2.9× |
| 2015 | 0.6× | 0.6× | 2.2× |
Against its peers
Companies in Oil & Gas Exploration & Production nearest SM Energy's size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| SMSM Energy | n/m |
| CHRDChord Energy | n/m |
| RRCRange Resources | 14.6× |
| MTDRMatador Resources | 2.9× |
| ARANTERO RESOURCES | 6.3× |
| MURMurphy Oil | 4.2× |
| MGYMagnolia Oil & Gas | 11.4× |
| LBLandBridge Co LLC | 40.3× |
| CNXCNX Resources | 10.3× |
| VNOMViper Energy | n/m |
| APAAPA | n/m |
| Peer median | 10.3× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on SM Energy
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.