Black Stone Minerals (BSM) FCF Margin (2014 - 2026)
Black Stone Minerals (BSM) recorded FCF Margin of 65.12% in Q3 2026, up 5.30 percentage points from 59.82% a year earlier and up 26.02 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 40.19% as of Sep 30, 2026, down 6.24 percentage points year-over-year; for FY2025, it came in at 43.02%, down 20.11 percentage points from FY2024.
- Annual FCF Margin has a five-year change of -38.02 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 63.14% in FY2024 (-21.63 pp), 84.76% in FY2023 (+32.17 pp), 52.59% in FY2022 (+4.67 pp) and 47.92% in FY2021 (-33.13 pp).
- The Q3 2026 figure is the highest quarterly FCF Margin since Q1 2024.
- On a year-over-year basis, FCF Margin rose in three of the last eight quarters, with an average year-over-year change of -11.94 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 79.09 percentage points in Q2 2023, against a drop of 49.29 percentage points in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 39.09% (Q2 2026), 40.91% (Q1 2026) and 13.56% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 16.32% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 1,144.26% |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 17.70% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 29.69% |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 16.74% |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 20.25% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 31.39% |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 56.76% |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 12.82% |
| 10 | Black Stone Minerals | 3.03 Bn | 3.01 Bn | - | 65.12% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 65.12% |
| 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% |
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();