Black Stone Minerals BSM
NYSE BSM
$14.94 +0.10 (+0.64%)
As of: Sep 9, 2026 · 3:59 PM EDT

Black Stone Minerals (BSM) FCF Margin (2014 - 2026)

Black Stone Minerals' (BSM) quarterly FCF Margin came in at 39.34% in Q2 2026, up 627.0% year-over-year from 5.41% in Q2 2025, and down 4.43% quarter-over-quarter from 41.17% in Q1 2026.

Analysis

Black Stone Minerals (BSM) FCF Margin (2014 - 2026) Analysis & Trends

Black Stone Minerals (BSM) has reported FCF Margin for 13 consecutive years, with 39.34% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, FCF Margin rose 627.0% year-over-year to 39.34% in Q2 2026; TTM through Jun 2026 was 39.2%, a 721.0% decrease from a year earlier, with the FY2025 full-year figure at 43.22%, down 2042.0% from the prior year.
  • FCF Margin was 39.34% for Q2 2026 at Black Stone Minerals, down from 41.17% in the prior quarter.
  • Over five years, FCF Margin peaked at 113.42% in Q2 2023 and troughed at 13.74% in Q4 2025.
  • A 5-year average of 57.2% and a median of 54.69% in 2024 frame the typical range for FCF Margin.
  • Across the five-year window, FCF Margin soared 7917 bps in 2023 and sank 4928 bps in 2024, its largest moves.
  • Over 5 years, FCF Margin stood at 78.58% in 2022, then retreated by 18 bps to 64.57% in 2023, then dropped by 21 bps to 51.13% in 2024, then slumped by 73 bps to 13.74% in 2025, then jumped by 186 bps to 39.34% in 2026.
  • The last three FCF Margin figures came in at 39.34% (Q2 2026), 41.17% (Q1 2026), and 13.74% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Viper Energy 15.81 Bn 20.98 Bn - 71.94%
2 Black Stone Minerals 3.12 Bn 3.11 Bn - 39.34%
3 Natural Resource Partners 1.51 Bn 1.48 Bn 47.24 Mn 77.31%
4 Kimbell Royalty Partners 1.50 Bn 1.46 Bn - 60.73%
5 Dorchester Minerals 1.43 Bn 1.36 Bn - 114.51%
6 Evolution Petroleum 131.82 Mn 126.78 Mn 7.21 Mn -5.81%
7 Altex Industries 1.90 Mn 1.90 Mn - -883.33%
8 Mentor Capital 827,678.86 91,860.86 65,595.00 -
9 Leopard Energy 165,479.20 149,827.20 1,715.00 1,814.87%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 39.34%
Mar 31, 2026 41.17%
Dec 31, 2025 13.74%
Sep 30, 2025 60.00%
Jun 30, 2025 33.07%
Mar 31, 2025 47.35%
Dec 31, 2024 51.13%
Sep 30, 2024 58.24%
Jun 30, 2024 64.14%
Mar 31, 2024 69.78%
Dec 31, 2023 64.57%
Sep 30, 2023 84.71%
Jun 30, 2023 113.42%
Mar 31, 2023 77.46%
Dec 31, 2022 78.58%
Sep 30, 2022 48.23%
Jun 30, 2022 34.25%
Mar 31, 2022 50.44%
Dec 31, 2021 45.64%
Sep 30, 2021 42.10%