Black Stone Minerals (BSM) FCF Margin (2014 - 2026)
Black Stone Minerals (BSM) recorded FCF Margin of 39.34% in Q2 2026, up 6.27 percentage points from 33.07% a year earlier but down 1.82 percentage points from the prior quarter.
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Analysis
Black Stone Minerals (BSM) FCF Margin (2014 - 2026) Analysis & Trends
On a TTM basis, Black Stone Minerals' FCF Margin came in at 39.20% as of Jun 30, 2026, down 7.21 percentage points year-over-year; for FY2025, it came in at 43.22%, down 20.42 percentage points from FY2024.
- Annual FCF Margin has a five-year change of -37.84 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 63.64% in FY2024 (-21.91 pp), 85.55% in FY2023 (+32.88 pp), 52.67% in FY2022 (+3.86 pp) and 48.81% in FY2021 (-32.25 pp).
- Quarterly FCF Margin has ranged from 13.74% in Q4 2025 to 113.42% in Q2 2023 over the past five years.
- On a year-over-year basis, FCF Margin rose in two of the last eight quarters, with an average year-over-year change of -16.09 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 79.17 percentage points in Q2 2023, against a drop of 55.64 percentage points in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 41.17% (Q1 2026), 13.74% (Q4 2025) and 60.00% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 742.51 Bn | 698.99 Bn | - | 14.68% |
| 2 | Chevron | 445.06 Bn | 417.18 Bn | 33.45 Bn | 25.83% |
| 3 | Shell | 310.78 Bn | 240.53 Bn | 30.13 Bn | -62.50% |
| 4 | TotalEnergies SE | 197.34 Bn | 77.92 Bn | 61.77 Bn | 10.73% |
| 5 | Conocophillips | 177.35 Bn | 150.05 Bn | 12.81 Bn | 22.59% |
| 6 | Equinor Asa | 118.67 Bn | 33.12 Bn | - | 18.76% |
| 7 | Phillips 66 | 116.93 Bn | 104.72 Bn | 8.38 Bn | 12.55% |
| 8 | Canadian Natural Resources | 113.22 Bn | 110.23 Bn | 8.84 Bn | 62.43% |
| 9 | Suncor Energy | 95.47 Bn | 81.22 Bn | - | 36.85% |
| 10 | Black Stone Minerals | 3.13 Bn | 3.12 Bn | - | 39.09% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 39.09% |
| Mar 31, 2026 | 40.91% |
| Dec 31, 2025 | 13.56% |
| Sep 30, 2025 | 59.82% |
| Jun 30, 2025 | 32.88% |
| Mar 31, 2025 | 47.20% |
| Dec 31, 2024 | 49.78% |
| Sep 30, 2024 | 57.83% |
| Jun 30, 2024 | 64.04% |
| Mar 31, 2024 | 69.50% |
| Dec 31, 2023 | 62.81% |
| Sep 30, 2023 | 83.62% |
| Jun 30, 2023 | 113.33% |
| Mar 31, 2023 | 77.44% |
| Dec 31, 2022 | 78.35% |
| Sep 30, 2022 | 48.17% |
| Jun 30, 2022 | 34.25% |
| Mar 31, 2022 | 50.43% |
| Dec 31, 2021 | 45.37% |
| Sep 30, 2021 | 41.10% |
API Access
Black Stone Minerals FCF Margin 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=fcf-margin&ticker=BSM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=BSM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();