Black Stone Minerals (BSM) Invested Capital (2014 - 2026)
Black Stone Minerals (BSM) reported Invested Capital of $993.35 million for Q3 2026, up 7.4% from $924.62 million a year earlier but down 2.1% from the prior quarter.
Black Stone Minerals (BSM) Invested Capital (2014 - 2026) Analysis & Trends
For FY2025, Black Stone Minerals posted Invested Capital of $986.73 million, up 15.3% from FY2024.
- Invested Capital has a five-year compound annual growth rate of 2.2% (FY2020 to FY2025).
- By year, Invested Capital came in at $855.9 million in FY2024 (-7.1%), $921.1 million in FY2023 (-0.4%), $925.06 million in FY2022 (+7.9%) and $857.02 million in FY2021 (-3.2%).
- Five-year quarterly Invested Capital spans a low of $774.09 million in Q1 2022 and a high of $1.01 billion in Q2 2026.
- Year over year, Invested Capital has now increased in each of the last six quarters, with growth averaging 6.2% over the last eight quarters.
- The high point for year-over-year Invested Capital in five years was Q1 2023 (growth of 21.9%); the low point was Q1 2022 (a decline of 9.3%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $1.01 billion (Q2 2026), $964.83 million (Q1 2026) and $986.73 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 306.77 Bn |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 266.83 Bn |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 233.51 Bn |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | - |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 104.25 Bn |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 89.25 Bn |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 69.32 Bn |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | - |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 54.03 Bn |
| 10 | Black Stone Minerals | 3.03 Bn | 3.01 Bn | - | 993.35 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 993.35 Mn |
| Jun 30, 2026 | 1.01 Bn |
| Mar 31, 2026 | 964.83 Mn |
| Dec 31, 2025 | 986.73 Mn |
| Sep 30, 2025 | 924.62 Mn |
| Jun 30, 2025 | 906.15 Mn |
| Mar 31, 2025 | 832.63 Mn |
| Dec 31, 2024 | 855.90 Mn |
| Sep 30, 2024 | 870.04 Mn |
| Jun 30, 2024 | 862.48 Mn |
| Mar 31, 2024 | 878.08 Mn |
| Dec 31, 2023 | 921.10 Mn |
| Sep 30, 2023 | 878.20 Mn |
| Jun 30, 2023 | 918.39 Mn |
| Mar 31, 2023 | 943.58 Mn |
| Dec 31, 2022 | 925.06 Mn |
| Sep 30, 2022 | 885.01 Mn |
| Jun 30, 2022 | 832.43 Mn |
| Mar 31, 2022 | 774.09 Mn |
| Dec 31, 2021 | 857.02 Mn |
Black Stone Minerals Invested Capital 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=invested-capital&ticker=BSM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=BSM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();