Black Stone Minerals (BSM) EV to FCF (2015 - 2026)
Black Stone Minerals' (BSM) quarterly EV to FCF came in at 50.5 in Q2 2026, down 3.71% year-over-year from 52.45 in Q2 2025, and down 19.48% quarter-over-quarter from 62.72 in Q1 2026.
Analysis
Black Stone Minerals (BSM) EV to FCF (2015 - 2026) Analysis & Trends
Black Stone Minerals (BSM) has reported EV to FCF for 12 consecutive years, with 50.5 the latest figure, recorded in Q2 2026.
- On a quarterly basis, EV to FCF fell 3.71% year-over-year to 50.5 in Q2 2026; TTM through Jun 2026 was 14.41, a 20.64% increase from a year earlier, with the FY2025 full-year figure at 13.79, up 25.3% from the prior year.
- EV to FCF was 50.5 for Q2 2026 at Black Stone Minerals, down from 62.72 in the prior quarter.
- Over five years, EV to FCF peaked at 171.73 in Q4 2025 and troughed at 22.4 in Q4 2022.
- A 5-year average of 47.63 and a median of 40.06 in 2024 frame the typical range for EV to FCF.
- Across the five-year window, EV to FCF tumbled 38.91% in 2023 and soared 155.32% in 2024, its largest moves.
- Over 5 years, EV to FCF stood at 22.4 in 2022, then grew by 17.69% to 26.36 in 2023, then soared by 155.32% to 67.29 in 2024, then soared by 155.19% to 171.73 in 2025, then plunged by 70.59% to 50.5 in 2026.
- The last three EV to FCF figures came in at 50.5 (Q2 2026), 62.72 (Q1 2026), and 171.73 (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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 50.50 |
| Mar 31, 2026 | 62.72 |
| Dec 31, 2025 | 171.73 |
| Sep 30, 2025 | 34.88 |
| Jun 30, 2025 | 52.45 |
| Mar 31, 2025 | 59.16 |
| Dec 31, 2024 | 67.29 |
| Sep 30, 2024 | 40.01 |
| Jun 30, 2024 | 44.18 |
| Mar 31, 2024 | 40.44 |
| Dec 31, 2023 | 26.36 |
| Sep 30, 2023 | 30.58 |
| Jun 30, 2023 | 24.51 |
| Mar 31, 2023 | 23.72 |
| Dec 31, 2022 | 22.40 |
| Sep 30, 2022 | 30.71 |
| Jun 30, 2022 | 40.12 |
| Mar 31, 2022 | 35.63 |
| Dec 31, 2021 | 29.28 |
| Sep 30, 2021 | 43.41 |