Black Stone Minerals BSM
NYSE BSM
$14.94 +0.10 (+0.64%)
As of: Sep 9, 2026 · 3:59 PM EDT

Black Stone Minerals (BSM) Net Margin (2014 - 2026)

Black Stone Minerals' (BSM) quarterly Net Margin came in at 66.45% in Q2 2026, down 419.0% year-over-year from 20.83% in Q2 2025, and up 1294.14% quarter-over-quarter from 4.77% in Q1 2026.

Analysis

Black Stone Minerals (BSM) Net Margin (2014 - 2026) Analysis & Trends

Black Stone Minerals (BSM) has reported Net Margin for 13 consecutive years, with 66.45% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Net Margin fell 419.0% year-over-year to 66.45% in Q2 2026; TTM through Jun 2026 was 48.49%, a 72.0% decrease from a year earlier, with the FY2025 full-year figure at 57.56%, up 252.0% from the prior year.
  • Net Margin was 66.45% for Q2 2026 at Black Stone Minerals, up from 4.77% in the prior quarter.
  • Over five years, Net Margin peaked at 89.45% in Q4 2022 and troughed at 7.83% in Q1 2022.
  • A 5-year average of 52.47% and a median of 61.72% in 2023 frame the typical range for Net Margin.
  • Across the five-year window, Net Margin soared 8183 bps in 2023 and sank 4099 bps in 2025, its largest moves.
  • Over 5 years, Net Margin stood at 89.45% in 2022, then dropped by 17 bps to 74.21% in 2023, then sank by 41 bps to 43.57% in 2024, then increased by 25 bps to 54.64% in 2025, then rose by 22 bps to 66.45% in 2026.
  • The last three Net Margin figures came in at 66.45% (Q2 2026), 4.77% (Q1 2026), and 54.64% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Viper Energy 15.81 Bn 20.98 Bn - 48.89%
2 Black Stone Minerals 3.12 Bn 3.11 Bn - 66.45%
3 Natural Resource Partners 1.51 Bn 1.48 Bn 47.24 Mn 46.58%
4 Kimbell Royalty Partners 1.50 Bn 1.46 Bn - 34.15%
5 Dorchester Minerals 1.43 Bn 1.36 Bn - 53.20%
6 Evolution Petroleum 131.82 Mn 126.78 Mn 7.21 Mn -44.29%
7 Altex Industries 1.90 Mn 1.90 Mn - -
8 Mentor Capital 827,678.86 91,860.86 65,595.00 -308.45%
9 Leopard Energy 165,479.20 149,827.20 1,715.00 -148.22%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 66.45%
Mar 31, 2026 4.77%
Dec 31, 2025 54.64%
Sep 30, 2025 63.68%
Jun 30, 2025 70.64%
Mar 31, 2025 7.45%
Dec 31, 2024 43.57%
Sep 30, 2024 63.30%
Jun 30, 2024 52.93%
Mar 31, 2024 48.43%
Dec 31, 2023 74.21%
Sep 30, 2023 41.56%
Jun 30, 2023 62.51%
Mar 31, 2023 74.00%
Dec 31, 2022 89.45%
Sep 30, 2022 73.81%
Jun 30, 2022 60.92%
Mar 31, 2022 -7.83%
Dec 31, 2021 80.10%
Sep 30, 2021 7.95%