Black Stone Minerals, L.P. (BSM) Net Margin (2014 - 2026)
Black Stone Minerals (BSM) posted quarterly Net Margin of 4.77% for Q1 2026, down 268.0% year-over-year from 2.84% in Q1 2025, and down 94.77% quarter-over-quarter from 91.21% in Q4 2025.
Black Stone Minerals, L.P. (BSM) Net Margin (2014 - 2026) Analysis & Trends
Black Stone Minerals (BSM) has reported Net Margin for 13 consecutive years, with 4.77% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin fell 268.0% year-over-year to 4.77%; the TTM figure through Mar 2026 stood at 61.67% (up 1459.0% YoY), while the FY2025 annual figure was 64.04%, up 827.0% from the prior year.
- Net Margin eased to 4.77% in Q1 2026 per BSM's latest filing, from 91.21% in the prior quarter.
- Across five years, Net Margin topped out at 105.63% in Q1 2023 and bottomed at 33.64% in Q1 2022.
- Historically, Net Margin has averaged 56.33% across 5 years, with a median of 63.68% in 2025.
- Annual changes were most pronounced in 2023 — Net Margin jumped 13927 bps — and 2024, when it tumbled 5720 bps.
- Black Stone Minerals' Net Margin stood at 50.69% in 2022, then jumped by 46 bps to 74.21% in 2023, then tumbled by 37 bps to 46.56% in 2024, then surged by 96 bps to 91.21% in 2025, then slumped by 95 bps to 4.77% in 2026.
- Business Quant data shows BSM's Net Margin at 4.77% in Q1 2026, 91.21% in Q4 2025, and 63.68% in Q3 2025.
Powered by 
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 66.45% |
| Mar 31, 2026 | 4.77% |
| Dec 31, 2025 | 91.21% |
| Sep 30, 2025 | 63.68% |
| Jun 30, 2025 | 105.58% |
| Mar 31, 2025 | 7.45% |
| Dec 31, 2024 | 46.56% |
| Sep 30, 2024 | 82.73% |
| Jun 30, 2024 | 55.60% |
| Mar 31, 2024 | 48.43% |
| Dec 31, 2023 | 74.21% |
| Sep 30, 2023 | 41.56% |
| Jun 30, 2023 | 69.20% |
| Mar 31, 2023 | 105.63% |
| Dec 31, 2022 | 50.69% |
| Sep 30, 2022 | 73.81% |
| Jun 30, 2022 | 70.15% |
| Mar 31, 2022 | -33.64% |
| Dec 31, 2021 | 39.57% |
| Sep 30, 2021 | 7.95% |