SM Energy

SM Energy ROCE

The Return on Capital Employed (ROCE) of SM Energy (SM) as of Nov 1, 2026 is 20.62 %. In the previous year, Return on Capital Employed (ROCE) was 26.12 % — a change of -21.05% (lower).

ROCE

20.62 %

YoY

-21.05%

Last updated:

In 2025, SM Energy's return on capital employed (ROCE) was 20.62 %, a -21.05% increase from the 26.12 % ROCE in the previous year.

The SM Energy ROCE history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROCE
Date
ROCE
Jan 1, 2018
28.64 USD
Jan 1, 2019
-2.55 USD
Jan 1, 2020
-39.32 USD
Jan 1, 2021
10.01 USD
Jan 1, 2022
51.19 USD
Jan 1, 2023
27.29 USD
Jan 1, 2024
26.12 USD
Jan 1, 2025
20.62 USD
The SM Energy ROCE history
YEARROCEYoY
20.62 %-21.05%
26.12 %-4.29%
27.29 %-46.68%
51.19 %+411.40%
10.01 %-125.46%
-39.32 %+1,444.97%
-2.55 %-108.89%
28.64 %-516.75%
-6.87 %-83.55%
-41.78 %+33.71%
-31.25 %-161.28%
50.98 %—

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SM Energy Stock analysis

What does SM Energy do? SM Energy Co is an American energy company specialized in the exploration and production of oil and gas. The company was founded in 1908 as St. Mary's Oil Company in Louisiana and is headquartered in Denver, Colorado. It has expanded its portfolio over the years and is involved in various sectors, including conventional and unconventional oil and gas extraction, shale gas production, and hydrocarbon processing and marketing. The company operates in different regions in the US, benefiting from diverse market conditions. SM Energy Co focuses on comprehensive exploration and production of oil and gas, using advanced technologies to maximize resource exploitation and reduce production costs. Its main products include shale gas, for which the company has invested in new technologies to increase production volumes and efficiency. SM Energy Co also participates in conventional and unconventional oil extraction from various regions in the US. The company is also involved in processing and marketing hydrocarbons, with methane processing facilities and infrastructure development to transport resources to consumers. SM Energy Co prioritizes environmental responsibility, adhering to regulations and standards while implementing initiatives to minimize environmental impact and promote sustainable practices, such as emission reduction and wastewater recycling. Overall, the company stands out as a leading energy company with a diversified portfolio, commitment to innovation and technology, and sustainable business practices, establishing itself as a significant player in the North American energy industry. Output: SM Energy Co is an American energy company specialized in the exploration and production of oil and gas. It was founded in 1908 and is headquartered in Denver, Colorado. The company operates in various regions in the US and has a diverse portfolio, focusing on comprehensive exploration and production of oil and gas. SM Energy Co is involved in shale gas production, hydrocarbon processing and marketing, and adheres to environmental regulations while promoting sustainability. SM Energy is one of the most popular companies on Eulerpool.

ROCE Details

Unraveling SM Energy's Return on Capital Employed (ROCE)

SM Energy's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing SM Energy's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

SM Energy's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in SM Energy’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about SM Energy stock

Return on Capital Employed (ROCE) of SM Energy is 20.62 % in 2025.

Return on Capital Employed (ROCE) of SM Energy changed from 26.12 % to 20.62 %, representing a -21.05% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Capital Employed (ROCE) SM Energy since 2006 – with annual values, charts, and detailed analysis.

ROCE is a profitability measure and stands for Return on Capital Employed or the return on invested capital. The measure shows the ratio of operating profit to the interest-bearing capital employed. The higher the return on capital employed, the more profitable a company operates and the higher the important free cash flow. The free cash flow refers to the portion of profits that is not needed for expanding the company at the end of a period, but is available to shareholders.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Capital Employed (ROCE)'s SM Energy with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Capital Employed (ROCE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Capital Employed (ROCE).

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Profitability — SM Energy

All Key Metrics — SM Energy