Black Stone Minerals BSM
NYSE BSM
$14.66 -0.02 (-0.14%)
At close: Sep 4, 2026 · 4:00 PM EDT

Black Stone Minerals (BSM) EV to EBITDA (2015 - 2026)

Black Stone Minerals' (BSM) quarterly EV to EBITDA came in at 26.89 in Q2 2026, up 18.87% year-over-year from 22.62 in Q2 2025, and down 86.02% quarter-over-quarter from 192.34 in Q1 2026.

Analysis

Black Stone Minerals (BSM) EV to EBITDA (2015 - 2026) Analysis & Trends

Black Stone Minerals (BSM) has reported EV to EBITDA for 12 consecutive years, with 26.89 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, EV to EBITDA rose 18.87% year-over-year to 26.89 in Q2 2026; TTM through Jun 2026 was 10.01, a 1.36% increase from a year earlier, with the FY2025 full-year figure at 9.08, down 19.4% from the prior year.
  • EV to EBITDA was 26.89 for Q2 2026 at Black Stone Minerals, down from 192.34 in the prior quarter.
  • Over five years, EV to EBITDA peaked at 192.34 in Q1 2026 and troughed at 489.19 in Q1 2022.
  • A 5-year average of 22.73 and a median of 31.6 in 2025 frame the typical range for EV to EBITDA.
  • Across the five-year window, EV to EBITDA plunged 566.31% in 2022 and jumped 265.19% in 2025, its largest moves.
  • Over 5 years, EV to EBITDA stood at 18.93 in 2022, then advanced by 16.24% to 22.01 in 2023, then jumped by 194.36% to 64.78 in 2024, then sank by 42.22% to 37.43 in 2025, then slipped by 28.15% to 26.89 in 2026.
  • The last three EV to EBITDA figures came in at 26.89 (Q2 2026), 192.34 (Q1 2026), and 37.43 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Viper Energy 15.81 Bn 20.98 Bn -
2 Black Stone Minerals 3.12 Bn 3.11 Bn -
3 Natural Resource Partners 1.51 Bn 1.48 Bn 47.24 Mn
4 Kimbell Royalty Partners 1.50 Bn 1.46 Bn -
5 Dorchester Minerals 1.43 Bn 1.36 Bn -
6 Evolution Petroleum 131.82 Mn 126.78 Mn 7.21 Mn
7 Altex Industries 1.90 Mn 1.90 Mn -
8 Mentor Capital 827,678.86 91,860.86 65,595.00
9 Leopard Energy 165,479.20 149,827.20 1,715.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 26.89
Mar 31, 2026 192.34
Dec 31, 2025 37.43
Sep 30, 2025 29.46
Jun 30, 2025 22.62
Mar 31, 2025 188.14
Dec 31, 2024 64.78
Sep 30, 2024 33.75
Jun 30, 2024 47.65
Mar 31, 2024 51.52
Dec 31, 2023 22.01
Sep 30, 2023 57.08
Jun 30, 2023 41.29
Mar 31, 2023 23.72
Dec 31, 2022 18.93
Sep 30, 2022 19.25
Jun 30, 2022 21.45
Mar 31, 2022 -489.19
Dec 31, 2021 15.87
Sep 30, 2021 143.33