Black Stone Minerals (BSM) EBITDA (2014 - 2026)
Black Stone Minerals' EBITDA was $66.6 million in Q3 2026, down 36.1% from $104.28 million a year earlier and down 44.4% from the prior quarter.
Black Stone Minerals (BSM) EBITDA (2014 - 2026) Analysis & Trends
On a trailing twelve-month basis, Black Stone Minerals' EBITDA was $296.8 million through Sep 30, 2026, down 7.6% year-over-year; for FY2025, it came in at $346.37 million, up 8.4% from FY2024.
- EBITDA shows a five-year compound annual growth rate of 10.0% (FY2020 to FY2025).
- In earlier years, EBITDA was $319.38 million in FY2024 (-32.1%), $470.32 million in FY2023 (-11.6%), $532.26 million in FY2022 (+113.0%) and $249.92 million in FY2021 (+16.2%).
- Quarterly EBITDA has moved between $5.52 million (Q1 2022) and $198.67 million (Q4 2022) over five years.
- Compared with a year earlier, EBITDA was higher in three of the last eight quarters, with an average decline of 8.3%.
- The best year-over-year quarter for EBITDA over five years was Q3 2022 (growth of 457.3%); the worst was Q1 2022 (a decline of 83.3%).
- Per Business Quant data, BSM's EBITDA in the three quarters before Q3 2026 was $119.74 million (Q2 2026), $26.68 million (Q1 2026) and $83.78 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 28.22 Bn |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 24.40 Bn |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 20.20 Bn |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 30.84 Bn |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 3.94 Bn |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 13.20 Bn |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 15.06 Bn |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 10.23 Bn |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 7.94 Bn |
| 10 | Black Stone Minerals | 3.03 Bn | 3.01 Bn | - | 66.60 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 66.60 Mn |
| Jun 30, 2026 | 119.74 Mn |
| Mar 31, 2026 | 26.68 Mn |
| Dec 31, 2025 | 83.78 Mn |
| Sep 30, 2025 | 104.28 Mn |
| Jun 30, 2025 | 131.74 Mn |
| Mar 31, 2025 | 26.57 Mn |
| Dec 31, 2024 | 58.74 Mn |
| Sep 30, 2024 | 104.65 Mn |
| Jun 30, 2024 | 80.11 Mn |
| Mar 31, 2024 | 75.88 Mn |
| Dec 31, 2023 | 159.61 Mn |
| Sep 30, 2023 | 74.66 Mn |
| Jun 30, 2023 | 89.44 Mn |
| Mar 31, 2023 | 146.60 Mn |
| Dec 31, 2022 | 198.67 Mn |
| Sep 30, 2022 | 182.76 Mn |
| Jun 30, 2022 | 145.31 Mn |
| Mar 31, 2022 | 5.52 Mn |
| Dec 31, 2021 | 150.58 Mn |
Black Stone Minerals EBITDA 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=ebitda&ticker=BSM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=BSM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();