SM Energy Gross Profit from 2010 to 2024

SM Stock  USD 43.41  0.61  1.39%   
SM Energy Gross Profit yearly trend continues to be very stable with very little volatility. Gross Profit is likely to grow to about 1.2 B this year. Gross Profit is the profit SM Energy Co makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1990-03-31
Previous Quarter
301.2 M
Current Value
643.2 M
Quarterly Volatility
144.1 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SM Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SM Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 370.6 M, Interest Expense of 56 M or Total Revenue of 2.5 B, as well as many indicators such as Price To Sales Ratio of 2.62, Dividend Yield of 0.0164 or PTB Ratio of 2.18. SM Energy financial statements analysis is a perfect complement when working with SM Energy Valuation or Volatility modules.
  
Check out the analysis of SM Energy Correlation against competitors.

Latest SM Energy's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of SM Energy Co over the last few years. Gross profit is a required income statement account that reflects total revenue of SM Energy Co minus its cost of goods sold. It is profit before SM Energy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. SM Energy's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SM Energy's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.78 B10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

SM Energy Gross Profit Regression Statistics

Arithmetic Mean642,332,283
Coefficient Of Variation104.11
Mean Deviation562,273,236
Median487,475,000
Standard Deviation668,756,660
Sample Variance447235.5T
Range2.3B
R-Value0.40
Mean Square Error404310.7T
R-Squared0.16
Significance0.14
Slope59,918,335
Total Sum of Squares6261296.6T

SM Energy Gross Profit History

20241.2 B
20231.1 B
20222.1 B
20211.3 B
2020-49.6 M
2019264.7 M
2018487.5 M

Other Fundumenentals of SM Energy

SM Energy Gross Profit component correlations

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0.870.280.590.70.240.380.680.060.720.490.69-0.250.860.580.67-0.36-0.60.780.68-0.30.420.54
0.650.28-0.060.020.120.88-0.160.490.540.90.82-0.570.30.830.36-0.10.360.23-0.320.23-0.45-0.33
0.540.59-0.060.730.40.220.78-0.05-0.020.010.28-0.070.370.08-0.170.49-0.570.050.340.080.730.22
0.610.70.020.730.260.20.690.170.270.110.35-0.370.430.210.19-0.02-0.690.380.48-0.170.520.28
0.420.240.120.40.260.530.510.10.310.090.40.120.140.0-0.040.20.13-0.090.050.02-0.010.01
0.760.380.880.220.20.530.180.480.580.810.89-0.440.370.710.270.070.330.18-0.170.24-0.26-0.29
0.580.68-0.160.780.690.510.18-0.050.260.080.280.010.460.170.130.09-0.620.310.74-0.340.630.58
0.30.060.49-0.050.170.10.48-0.050.190.410.38-0.260.080.370.110.030.220.01-0.10.40.03-0.4
0.740.720.54-0.020.270.310.580.260.190.670.82-0.220.760.640.9-0.68-0.010.810.42-0.27-0.180.28
0.740.490.90.010.110.090.810.080.410.670.85-0.520.540.980.57-0.250.160.490.00.06-0.29-0.1
0.90.690.820.280.350.40.890.280.380.820.85-0.430.720.810.61-0.220.080.560.120.12-0.09-0.07
-0.44-0.25-0.57-0.07-0.370.12-0.440.01-0.26-0.22-0.52-0.43-0.12-0.57-0.230.150.22-0.30.11-0.030.220.16
0.720.860.30.370.430.140.370.460.080.760.540.72-0.120.580.79-0.42-0.290.840.58-0.040.320.28
0.770.580.830.080.210.00.710.170.370.640.980.81-0.570.580.6-0.28-0.040.560.12-0.05-0.170.05
0.540.670.36-0.170.19-0.040.270.130.110.90.570.61-0.230.790.6-0.86-0.160.940.52-0.33-0.110.35
-0.17-0.36-0.10.49-0.020.20.070.090.03-0.68-0.25-0.220.15-0.42-0.28-0.860.13-0.77-0.440.480.3-0.39
-0.3-0.60.36-0.57-0.690.130.33-0.620.22-0.010.160.080.22-0.29-0.04-0.160.13-0.41-0.690.5-0.66-0.7
0.580.780.230.050.38-0.090.180.310.010.810.490.56-0.30.840.560.94-0.77-0.410.67-0.350.140.44
0.370.68-0.320.340.480.05-0.170.74-0.10.420.00.120.110.580.120.52-0.44-0.690.67-0.550.580.79
-0.13-0.30.230.08-0.170.020.24-0.340.4-0.270.060.12-0.03-0.04-0.05-0.330.480.5-0.35-0.550.06-0.86
0.160.42-0.450.730.52-0.01-0.260.630.03-0.18-0.29-0.090.220.32-0.17-0.110.3-0.660.140.580.060.32
0.260.54-0.330.220.280.01-0.290.58-0.40.28-0.1-0.070.160.280.050.35-0.39-0.70.440.79-0.860.32
Click cells to compare fundamentals

About SM Energy Financial Statements

SM Energy investors utilize fundamental indicators, such as Gross Profit, to predict how SM Energy Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Gross Profit1.1 B1.2 B
Gross Profit Margin 0.47  0.56 

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Check out the analysis of SM Energy Correlation against competitors.
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Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SM Energy. If investors know SM Energy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SM Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.112
Dividend Share
0.74
Earnings Share
7.14
Revenue Per Share
20.3
Quarterly Revenue Growth
(0.04)
The market value of SM Energy is measured differently than its book value, which is the value of SM Energy that is recorded on the company's balance sheet. Investors also form their own opinion of SM Energy's value that differs from its market value or its book value, called intrinsic value, which is SM Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SM Energy's market value can be influenced by many factors that don't directly affect SM Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SM Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if SM Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SM Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.