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Side-by-side financial comparison of SM Energy Co (SM) and ZILLOW GROUP, INC. (ZG). Click either name above to swap in a different company.
SM Energy Co is the larger business by last-quarter revenue ($704.9M vs $654.0M, roughly 1.1× ZILLOW GROUP, INC.). On growth, ZILLOW GROUP, INC. posted the faster year-over-year revenue change (18.1% vs -17.3%). Over the past eight quarters, SM Energy Co's revenue compounded faster (12.2% CAGR vs 11.2%).
SM Energy Company is a company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Denver, Colorado.
Zillow Group, Inc., or simply Zillow, is an American tech real-estate marketplace company that was founded in 2006 by co-executive chairmen Rich Barton and Lloyd Frink, former Microsoft executives and founders of Microsoft spin-off Expedia; Spencer Rascoff, a co-founder of Hotwire.com; David Beitel, Zillow's current chief technology officer; and Kristin Acker, Zillow's current technology leadership advisor.
SM vs ZG — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $704.9M | $654.0M |
| Net Profit | — | $3.0M |
| Gross Margin | — | 72.8% |
| Operating Margin | 25.9% | -1.7% |
| Net Margin | — | 0.5% |
| Revenue YoY | -17.3% | 18.1% |
| Net Profit YoY | — | 105.8% |
| EPS (diluted) | $0.94 | $0.01 |
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.
| Q4 25 | $704.9M | $654.0M | ||
| Q3 25 | $811.6M | $676.0M | ||
| Q2 25 | $792.9M | $655.0M | ||
| Q1 25 | $844.5M | $598.0M | ||
| Q4 24 | $852.0M | $554.0M | ||
| Q3 24 | $643.6M | $581.0M | ||
| Q2 24 | $634.6M | $572.0M | ||
| Q1 24 | $559.9M | $529.0M |
| Q4 25 | — | $3.0M | ||
| Q3 25 | $155.1M | $10.0M | ||
| Q2 25 | $201.7M | $2.0M | ||
| Q1 25 | $182.3M | $8.0M | ||
| Q4 24 | — | $-52.0M | ||
| Q3 24 | $240.5M | $-20.0M | ||
| Q2 24 | $210.3M | $-17.0M | ||
| Q1 24 | $131.2M | $-23.0M |
| Q4 25 | — | 72.8% | ||
| Q3 25 | — | 72.6% | ||
| Q2 25 | — | 74.7% | ||
| Q1 25 | — | 76.8% | ||
| Q4 24 | — | 75.8% | ||
| Q3 24 | — | 75.9% | ||
| Q2 24 | — | 77.3% | ||
| Q1 24 | — | 76.7% |
| Q4 25 | 25.9% | -1.7% | ||
| Q3 25 | 30.4% | -0.4% | ||
| Q2 25 | 37.2% | -1.7% | ||
| Q1 25 | 32.7% | -1.5% | ||
| Q4 24 | 33.7% | -12.5% | ||
| Q3 24 | 51.4% | -7.7% | ||
| Q2 24 | 44.0% | -6.6% | ||
| Q1 24 | 31.9% | -8.5% |
| Q4 25 | — | 0.5% | ||
| Q3 25 | 19.1% | 1.5% | ||
| Q2 25 | 25.4% | 0.3% | ||
| Q1 25 | 21.6% | 1.3% | ||
| Q4 24 | — | -9.4% | ||
| Q3 24 | 37.4% | -3.4% | ||
| Q2 24 | 33.1% | -3.0% | ||
| Q1 24 | 23.4% | -4.3% |
| Q4 25 | $0.94 | $0.01 | ||
| Q3 25 | $1.35 | $0.04 | ||
| Q2 25 | $1.76 | $0.01 | ||
| Q1 25 | $1.59 | $0.03 | ||
| Q4 24 | $1.63 | $-0.23 | ||
| Q3 24 | $2.09 | $-0.08 | ||
| Q2 24 | $1.82 | $-0.07 | ||
| Q1 24 | $1.13 | $-0.10 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $368.0M | $768.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $4.8B | $4.9B |
| Total Assets | $9.3B | $5.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $368.0M | $768.0M | ||
| Q3 25 | $162.3M | $874.0M | ||
| Q2 25 | $101.9M | $587.0M | ||
| Q1 25 | $54.0K | $914.0M | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | $1.7B | $1.1B | ||
| Q2 24 | $487.9M | $1.2B | ||
| Q1 24 | $506.3M | $1.4B |
| Q4 25 | $4.8B | $4.9B | ||
| Q3 25 | $4.7B | $5.0B | ||
| Q2 25 | $4.6B | $4.7B | ||
| Q1 25 | $4.4B | $4.8B | ||
| Q4 24 | $4.2B | $4.8B | ||
| Q3 24 | $4.1B | $4.7B | ||
| Q2 24 | $3.8B | $4.5B | ||
| Q1 24 | $3.7B | $4.7B |
| Q4 25 | $9.3B | $5.7B | ||
| Q3 25 | $9.1B | $5.7B | ||
| Q2 25 | $9.0B | $5.4B | ||
| Q1 25 | $8.8B | $5.7B | ||
| Q4 24 | $8.6B | $5.8B | ||
| Q3 24 | $8.0B | $6.2B | ||
| Q2 24 | $6.7B | $6.6B | ||
| Q1 24 | $6.4B | $6.8B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $451.9M | $72.0M |
| Free Cash FlowOCF − Capex | — | $44.0M |
| FCF MarginFCF / Revenue | — | 6.7% |
| Capex IntensityCapex / Revenue | — | 4.3% |
| Cash ConversionOCF / Net Profit | — | 24.00× |
| TTM Free Cash FlowTrailing 4 quarters | — | $235.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $451.9M | $72.0M | ||
| Q3 25 | $505.0M | $105.0M | ||
| Q2 25 | $571.1M | $87.0M | ||
| Q1 25 | $483.0M | $104.0M | ||
| Q4 24 | $578.4M | $122.0M | ||
| Q3 24 | $452.3M | $171.0M | ||
| Q2 24 | $476.4M | $55.0M | ||
| Q1 24 | $276.0M | $80.0M |
| Q4 25 | — | $44.0M | ||
| Q3 25 | — | $73.0M | ||
| Q2 25 | — | $50.0M | ||
| Q1 25 | — | $68.0M | ||
| Q4 24 | — | $88.0M | ||
| Q3 24 | — | $138.0M | ||
| Q2 24 | — | $18.0M | ||
| Q1 24 | — | $41.0M |
| Q4 25 | — | 6.7% | ||
| Q3 25 | — | 10.8% | ||
| Q2 25 | — | 7.6% | ||
| Q1 25 | — | 11.4% | ||
| Q4 24 | — | 15.9% | ||
| Q3 24 | — | 23.8% | ||
| Q2 24 | — | 3.1% | ||
| Q1 24 | — | 7.8% |
| Q4 25 | — | 4.3% | ||
| Q3 25 | — | 4.7% | ||
| Q2 25 | — | 5.6% | ||
| Q1 25 | — | 6.0% | ||
| Q4 24 | — | 6.1% | ||
| Q3 24 | — | 5.7% | ||
| Q2 24 | — | 6.5% | ||
| Q1 24 | — | 7.4% |
| Q4 25 | — | 24.00× | ||
| Q3 25 | 3.26× | 10.50× | ||
| Q2 25 | 2.83× | 43.50× | ||
| Q1 25 | 2.65× | 13.00× | ||
| 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
Segment breakdown not available.
ZG
| Residential Revenue | $418.0M | 64% |
| Rental Revenue | $168.0M | 26% |
| Mortgage Revenue | $57.0M | 9% |
| Display Advertising And Other Revenue | $11.0M | 2% |
