KPIs & Operating Metrics(New)
Growth Metrics

Black Stone Minerals (BSM) Gross Margin (2016 - 2026)

Black Stone Minerals has reported Gross Margin over the past 12 years, most recently at 90.67% for Q4 2025.

  • Quarterly Gross Margin rose 93.0% to 90.67% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 91.79% through Dec 2025, up 337.0% year-over-year, with the annual reading at 90.76% for FY2025, 204.0% up from the prior year.
  • Gross Margin was 90.67% for Q4 2025 at Black Stone Minerals, up from 89.6% in the prior quarter.
  • Over five years, Gross Margin peaked at 95.75% in Q4 2022 and troughed at 80.77% in Q1 2021.
  • The 5-year median for Gross Margin is 89.62% (2023), against an average of 89.48%.
  • Year-over-year, Gross Margin surged 1032bps in 2022 and then tumbled -677bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 92.01% in 2021, then rose by 4bps to 95.75% in 2022, then decreased by -7bps to 88.98% in 2023, then grew by 1bps to 89.74% in 2024, then increased by 1bps to 90.67% in 2025.
  • Per Business Quant, the three most recent readings for BSM's Gross Margin are 90.67% (Q4 2025), 89.6% (Q3 2025), and 94.34% (Q2 2025).