SM Energy Company
Returns on Capital
| Fiscal Year | ROE | ROI | ROA |
|---|---|---|---|
| FY2008 | 7.5% | 7.5% | — |
| FY2009 | -10.2% | -10.2% | -4.2% |
| FY2010 | 16.2% | 16.2% | 7.2% |
| FY2011 | 14.7% | 14.7% | 5.7% |
| FY2012 | -3.8% | -2.2% | -1.3% |
| FY2013 | 10.6% | 5.3% | 3.6% |
| FY2014 | 29.1% | 29.1% | 10.3% |
| FY2015 | -24.2% | -24.2% | -8.0% |
| FY2016 | -30.3% | -30.3% | -11.9% |
| FY2017 | -6.7% | -6.7% | -2.6% |
| FY2018 | 17.4% | 17.4% | 8.0% |
| FY2019 | -6.8% | -6.8% | -3.0% |
| FY2020 | -37.9% | -18.1% | -15.4% |
| FY2021 | 1.8% | 0.9% | 0.7% |
| FY2022 | 36.0% | 23.9% | 19.5% |
| FY2023 | 22.6% | 22.6% | 12.8% |
| FY2024 | 18.2% | 18.2% | 9.0% |
| FY2025 | 13.5% | 13.5% | 7.0% |