Black Stone Minerals (BSM) Asset Utilization Ratio (2014 - 2026)
Black Stone Minerals' Asset Utilization Ratio was 0.38 in Q3 2026, down 2.8% from 0.39 a year earlier and down 1.8% from the prior quarter.
Powered by 
Analysis
Black Stone Minerals (BSM) Asset Utilization Ratio (2014 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Black Stone Minerals came in at 0.37, up 4.1% from FY2024.
- In earlier years, Asset Utilization Ratio was 0.35 in FY2024 (-24.2%), 0.47 in FY2023 (-25.1%), 0.62 in FY2022 (+53.4%) and 0.41 in FY2021 (+65.2%).
- The Q3 2026 figure marks the lowest quarterly Asset Utilization Ratio since Q1 2025.
- Compared with a year earlier, Asset Utilization Ratio was higher in two of the last eight quarters, with an average decline of 7.4%.
- The best year-over-year quarter for Asset Utilization Ratio over five years was Q1 2022 (growth of 96.6%); the worst was Q1 2024 (a decline of 28.8%).
- Per Business Quant data, BSM's Asset Utilization Ratio in the three quarters before Q3 2026 was 0.39 (Q2 2026), 0.40 (Q1 2026) and 0.40 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 0.85 |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 0.42 |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 0.70 |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 0.56 |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 0.61 |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 0.56 |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 86.00 |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | - |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 2.06 |
| 10 | Black Stone Minerals | 3.03 Bn | 3.01 Bn | - | 0.38 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.38 |
| Jun 30, 2026 | 0.39 |
| Mar 31, 2026 | 0.40 |
| Dec 31, 2025 | 0.40 |
| Sep 30, 2025 | 0.39 |
| Jun 30, 2025 | 0.40 |
| Mar 31, 2025 | 0.37 |
| Dec 31, 2024 | 0.38 |
| Sep 30, 2024 | 0.46 |
| Jun 30, 2024 | 0.46 |
| Mar 31, 2024 | 0.45 |
| Dec 31, 2023 | 0.50 |
| Sep 30, 2023 | 0.50 |
| Jun 30, 2023 | 0.56 |
| Mar 31, 2023 | 0.63 |
| Dec 31, 2022 | 0.62 |
| Sep 30, 2022 | 0.59 |
| Jun 30, 2022 | 0.53 |
| Mar 31, 2022 | 0.46 |
| Dec 31, 2021 | 0.41 |
API Access
Black Stone Minerals Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=BSM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "BSM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=BSM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();