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

Black Stone Minerals' (BSM) quarterly FCF Margin came in at 50.35% in Q1 2026, down 587.0% year-on-year from 10.34% in Q1 2025, and up 185.58% on a QoQ basis from 58.83% in Q4 2025.

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

Black Stone Minerals (BSM) has 13 years of FCF Margin data on file, last reported at 50.35% in Q1 2026.

  • On a quarterly basis, FCF Margin fell 587.0% year-over-year to 50.35% in Q1 2026; TTM through Mar 2026 was 46.21%, a 3851.0% decrease from a year earlier, with the FY2025 full-year figure at 48.08%, down 4144.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 50.35%, up from 58.83% in the prior quarter.
  • Over the last five years, FCF Margin for BSM reached as high as 226.62% in Q1 2022 and fell as low as 58.83% in Q4 2025.
  • Historically, FCF Margin has averaged 78.69% across 5 years, with a median of 70.02% in 2023.
  • Across the five-year window, FCF Margin surged 13618 bps in 2022 and plunged 24318 bps in 2025, its largest moves.
  • Year by year, FCF Margin stood at 41.19% in 2022, then surged by 70 bps to 70.02% in 2023, then surged by 163 bps to 184.35% in 2024, then plunged by 132 bps to 58.83% in 2025, then soared by 186 bps to 50.35% in 2026.
  • Per Business Quant data, the three most recent FCF Margin figures were 50.35% in Q1 2026, 58.83% in Q4 2025, and 103.86% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 8.55%
2 Eog Resources 74.61 Bn 70.76 Bn - 40.64%
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 21.11%
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn -5.22%
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 21.98%
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 68.41%
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 18.10%
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 38.55%
10 Black Stone Minerals 3.16 Bn 3.14 Bn - 50.35%

Historic Data

Download Data
DateValue
Mar 31, 2026 50.35%
Dec 31, 2025 -58.83%
Sep 30, 2025 103.86%
Jun 30, 2025 39.85%
Mar 31, 2025 56.22%
Dec 31, 2024 184.35%
Sep 30, 2024 28.54%
Jun 30, 2024 91.48%
Mar 31, 2024 89.20%
Dec 31, 2023 70.02%
Sep 30, 2023 84.71%
Jun 30, 2023 126.09%
Mar 31, 2023 112.14%
Dec 31, 2022 41.19%
Sep 30, 2022 49.02%
Jun 30, 2022 43.00%
Mar 31, 2022 226.62%
Dec 31, 2021 21.31%
Sep 30, 2021 42.10%
Jun 30, 2021 59.22%