Black Stone Minerals (BSM) EV to EBITDA (2015 - 2026)
Black Stone Minerals' EV to EBITDA was 10.25 in Q3 2026, up 18.5% from 8.65 a year earlier and up 15.5% from the prior quarter.
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Analysis
Black Stone Minerals (BSM) EV to EBITDA (2015 - 2026) Analysis & Trends
On a trailing twelve-month basis, Black Stone Minerals' EV to EBITDA was 10.20 through Sep 30, 2026, up 18.2% year-over-year; for FY2025, it was 8.14, down 15.6% from FY2024.
- In earlier years, EV to EBITDA was 9.64 in FY2024 (+38.0%), 6.99 in FY2023 (+5.3%), 6.64 in FY2022 (-22.9%) and 8.61 in FY2021 (+33.9%).
- The Q3 2026 figure marks the highest quarterly EV to EBITDA since Q1 2025.
- Compared with a year earlier, EV to EBITDA was higher in six of the last eight quarters, with growth averaging 10.3%.
- The best year-over-year quarter for EV to EBITDA over five years was Q1 2024 (growth of 71.1%); the worst was Q1 2023 (a decline of 61.5%).
- Per Business Quant data, BSM's EV to EBITDA in the three quarters before Q3 2026 was 8.88 (Q2 2026), 9.24 (Q1 2026) and 8.14 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn |
| 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 |
| 10 | Black Stone Minerals | 3.03 Bn | 3.01 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.25 |
| Jun 30, 2026 | 8.88 |
| Mar 31, 2026 | 9.24 |
| Dec 31, 2025 | 8.14 |
| Sep 30, 2025 | 8.65 |
| Jun 30, 2025 | 8.61 |
| Mar 31, 2025 | 11.96 |
| Dec 31, 2024 | 9.64 |
| Sep 30, 2024 | 7.52 |
| Jun 30, 2024 | 8.39 |
| Mar 31, 2024 | 8.32 |
| Dec 31, 2023 | 6.99 |
| Sep 30, 2023 | 6.99 |
| Jun 30, 2023 | 5.35 |
| Mar 31, 2023 | 4.86 |
| Dec 31, 2022 | 6.64 |
| Sep 30, 2022 | 6.77 |
| Jun 30, 2022 | 8.54 |
| Mar 31, 2022 | 12.65 |
| Dec 31, 2021 | 8.61 |
API Access
Black Stone Minerals EV to 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=ev-to-ebitda&ticker=BSM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-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=ev-to-ebitda&ticker=BSM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();