Black Stone Minerals (BSM) EBT Margin (2014 - 2026)
Black Stone Minerals' EBT Margin was 40.29% in Q3 2026, down 28.96 percentage points from 69.25% a year earlier and down 31.07 percentage points from the prior quarter.
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Analysis
Black Stone Minerals (BSM) EBT Margin (2014 - 2026) Analysis & Trends
On a trailing twelve-month basis, Black Stone Minerals' EBT Margin was 46.80% through Sep 30, 2026, down 8.41 percentage points year-over-year; for FY2025, it came in at 63.78%, up 1.96 percentage points from FY2024.
- EBT Margin shows a five-year change of +28.26 percentage points (FY2020 to FY2025).
- In earlier years, EBT Margin was 61.82% in FY2024 (-9.56 pp), 71.38% in FY2023 (+10.65 pp), 60.73% in FY2022 (+24.80 pp) and 35.93% in FY2021 (+0.41 pp).
- Quarterly EBT Margin has moved between -4.45% (Q1 2022) and 91.97% (Q4 2022) over five years.
- Compared with a year earlier, EBT Margin has declined for three straight quarters, with an average year-over-year change of -9.65 percentage points over the last eight quarters.
- The best year-over-year quarter for EBT Margin over five years was Q1 2023 (a gain of 81.51 percentage points); the worst was Q1 2025 (a drop of 41.08 percentage points).
- Per Business Quant data, BSM's EBT Margin in the three quarters before Q3 2026 was 71.36% (Q2 2026), 10.74% (Q1 2026) and 60.72% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 18.77% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 977.98% |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 20.10% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 40.49% |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 9.56% |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 29.82% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 34.19% |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 24.96% |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 13.80% |
| 10 | Black Stone Minerals | 3.03 Bn | 3.01 Bn | - | 40.29% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 40.29% |
| Jun 30, 2026 | 71.36% |
| Mar 31, 2026 | 10.74% |
| Dec 31, 2025 | 60.72% |
| Sep 30, 2025 | 69.25% |
| Jun 30, 2025 | 75.28% |
| Mar 31, 2025 | 13.73% |
| Dec 31, 2024 | 52.07% |
| Sep 30, 2024 | 68.77% |
| Jun 30, 2024 | 59.33% |
| Mar 31, 2024 | 54.82% |
| Dec 31, 2023 | 77.42% |
| Sep 30, 2023 | 45.29% |
| Jun 30, 2023 | 67.08% |
| Mar 31, 2023 | 77.07% |
| Dec 31, 2022 | 91.97% |
| Sep 30, 2022 | 76.21% |
| Jun 30, 2022 | 63.41% |
| Mar 31, 2022 | -4.45% |
| Dec 31, 2021 | 83.32% |
API Access
Black Stone Minerals EBT Margin 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=ebt-margin&ticker=BSM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "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=ebt-margin&ticker=BSM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();