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Side-by-side financial comparison of SM Energy Co (SM) and Trinseo PLC (TSE). Click either name above to swap in a different company.

SM Energy Co is the larger business by last-quarter revenue ($704.9M vs $662.6M, roughly 1.1× Trinseo PLC). On growth, SM Energy Co posted the faster year-over-year revenue change (-17.3% vs -19.3%). Over the past eight quarters, SM Energy Co's revenue compounded faster (12.2% CAGR vs -14.4%).

SM Energy Company is a company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Denver, Colorado.

Trinseo is a company focusing particularly on the manufacture of plastics and latex binders. Trinseo was part of the Dow Chemical Company until Dow grouped several of its businesses for potential sale in 2009. In 2010, under the name Styron, those holdings were sold to private equity firm Bain Capital for $1.63 billion. As of 2016, Bain sold all of its stock in Trinseo, grossing $1.69 billion for 37,269,567 shares, resulting in Trinseo's “full independence as a public company.”

SM vs TSE — Head-to-Head

Bigger by revenue
SM
SM
1.1× larger
SM
$704.9M
$662.6M
TSE
Growing faster (revenue YoY)
SM
SM
+2.1% gap
SM
-17.3%
-19.3%
TSE
Faster 2-yr revenue CAGR
SM
SM
Annualised
SM
12.2%
-14.4%
TSE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SM
SM
TSE
TSE
Revenue
$704.9M
$662.6M
Net Profit
$-251.4M
Gross Margin
4.2%
Operating Margin
25.9%
-24.7%
Net Margin
-37.9%
Revenue YoY
-17.3%
-19.3%
Net Profit YoY
-113.2%
EPS (diluted)
$0.94
$-7.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SM
SM
TSE
TSE
Q4 25
$704.9M
$662.6M
Q3 25
$811.6M
$743.2M
Q2 25
$792.9M
$784.3M
Q1 25
$844.5M
$784.8M
Q4 24
$852.0M
$821.5M
Q3 24
$643.6M
$867.7M
Q2 24
$634.6M
$920.0M
Q1 24
$559.9M
$904.0M
Net Profit
SM
SM
TSE
TSE
Q4 25
$-251.4M
Q3 25
$155.1M
$-109.7M
Q2 25
$201.7M
$-105.5M
Q1 25
$182.3M
$-79.0M
Q4 24
$-117.9M
Q3 24
$240.5M
$-87.3M
Q2 24
$210.3M
$-67.8M
Q1 24
$131.2M
$-75.5M
Gross Margin
SM
SM
TSE
TSE
Q4 25
4.2%
Q3 25
5.0%
Q2 25
4.7%
Q1 25
8.1%
Q4 24
6.8%
Q3 24
9.3%
Q2 24
7.4%
Q1 24
6.7%
Operating Margin
SM
SM
TSE
TSE
Q4 25
25.9%
-24.7%
Q3 25
30.4%
-3.8%
Q2 25
37.2%
-4.2%
Q1 25
32.7%
-3.7%
Q4 24
33.7%
-5.4%
Q3 24
51.4%
-1.4%
Q2 24
44.0%
1.5%
Q1 24
31.9%
-0.4%
Net Margin
SM
SM
TSE
TSE
Q4 25
-37.9%
Q3 25
19.1%
-14.8%
Q2 25
25.4%
-13.5%
Q1 25
21.6%
-10.1%
Q4 24
-14.4%
Q3 24
37.4%
-10.1%
Q2 24
33.1%
-7.4%
Q1 24
23.4%
-8.4%
EPS (diluted)
SM
SM
TSE
TSE
Q4 25
$0.94
$-7.02
Q3 25
$1.35
$-3.05
Q2 25
$1.76
$-2.95
Q1 25
$1.59
$-2.22
Q4 24
$1.63
$-3.33
Q3 24
$2.09
$-2.47
Q2 24
$1.82
$-1.92
Q1 24
$1.13
$-2.14

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SM
SM
TSE
TSE
Cash + ST InvestmentsLiquidity on hand
$368.0M
$146.7M
Total DebtLower is stronger
$2.5B
Stockholders' EquityBook value
$4.8B
$-1.1B
Total Assets
$9.3B
$2.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SM
SM
TSE
TSE
Q4 25
$368.0M
$146.7M
Q3 25
$162.3M
$112.1M
Q2 25
$101.9M
$137.0M
Q1 25
$54.0K
$126.1M
Q4 24
$209.8M
Q3 24
$1.7B
$165.3M
Q2 24
$487.9M
$105.6M
Q1 24
$506.3M
$166.4M
Total Debt
SM
SM
TSE
TSE
Q4 25
$2.5B
Q3 25
$2.5B
Q2 25
$2.5B
Q1 25
$2.5B
Q4 24
$2.4B
Q3 24
$2.4B
Q2 24
$2.3B
Q1 24
$2.3B
Stockholders' Equity
SM
SM
TSE
TSE
Q4 25
$4.8B
$-1.1B
Q3 25
$4.7B
$-861.6M
Q2 25
$4.6B
$-750.3M
Q1 25
$4.4B
$-679.2M
Q4 24
$4.2B
$-619.9M
Q3 24
$4.1B
$-480.0M
Q2 24
$3.8B
$-413.8M
Q1 24
$3.7B
$-348.0M
Total Assets
SM
SM
TSE
TSE
Q4 25
$9.3B
$2.3B
Q3 25
$9.1B
$2.5B
Q2 25
$9.0B
$2.6B
Q1 25
$8.8B
$2.7B
Q4 24
$8.6B
$2.6B
Q3 24
$8.0B
$2.9B
Q2 24
$6.7B
$2.8B
Q1 24
$6.4B
$3.0B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SM
SM
TSE
TSE
Operating Cash FlowLast quarter
$451.9M
$22.6M
Free Cash FlowOCF − Capex
$6.6M
FCF MarginFCF / Revenue
1.0%
Capex IntensityCapex / Revenue
2.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-153.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SM
SM
TSE
TSE
Q4 25
$451.9M
$22.6M
Q3 25
$505.0M
$-21.6M
Q2 25
$571.1M
$6.8M
Q1 25
$483.0M
$-110.2M
Q4 24
$578.4M
$85.1M
Q3 24
$452.3M
$8.8M
Q2 24
$476.4M
$-41.9M
Q1 24
$276.0M
$-66.2M
Free Cash Flow
SM
SM
TSE
TSE
Q4 25
$6.6M
Q3 25
$-38.1M
Q2 25
$-3.0M
Q1 25
$-118.9M
Q4 24
$63.9M
Q3 24
$-3.4M
Q2 24
$-56.1M
Q1 24
$-81.9M
FCF Margin
SM
SM
TSE
TSE
Q4 25
1.0%
Q3 25
-5.1%
Q2 25
-0.4%
Q1 25
-15.2%
Q4 24
7.8%
Q3 24
-0.4%
Q2 24
-6.1%
Q1 24
-9.1%
Capex Intensity
SM
SM
TSE
TSE
Q4 25
2.4%
Q3 25
2.2%
Q2 25
1.2%
Q1 25
1.1%
Q4 24
2.6%
Q3 24
1.4%
Q2 24
1.5%
Q1 24
1.7%
Cash Conversion
SM
SM
TSE
TSE
Q4 25
Q3 25
3.26×
Q2 25
2.83×
Q1 25
2.65×
Q4 24
Q3 24
1.88×
Q2 24
2.27×
Q1 24
2.10×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SM
SM

Segment breakdown not available.

TSE
TSE

Other$325.2M49%
Asia Pacific$142.2M21%
Engineered Materials$105.0M16%
Latex$59.9M9%
Polymer Solutions$30.3M5%

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