Black Stone Minerals (BSM) Net Margin (2014 - 2026)
Black Stone Minerals (BSM) reported Net Margin of 4.77% for Q1 2026, down 972.0% year-over-year from 0.55% in Q1 2025, and down 94.77% quarter-over-quarter from 91.21% in Q4 2025.
Black Stone Minerals (BSM) Net Margin (2014 - 2026) Analysis & Trends
Black Stone Minerals (BSM) has 13 years of Net Margin data on file, last reported at 4.77% in Q1 2026.
- Net Margin for Q1 2026 came in at 4.77%, down 972.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 58.25% (up 674.0% YoY), and the FY2025 annual result was 64.04%, up 900.0% from the prior year.
- Net Margin fell to 4.77% in Q1 2026 per BSM's latest filing, from 91.21% in the prior quarter.
- Over five years, Net Margin peaked at 227.34% in Q4 2022 and troughed at 33.64% in Q1 2022.
- A 5-year average of 65.1% and a median of 70.15% in 2022 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2023: Net Margin surged 14724 bps in 2022, then sank 12349 bps in 2023.
- A 5-year view of Net Margin shows it stood at 227.34% in 2022, then slumped by 54 bps to 103.85% in 2023, then tumbled by 64 bps to 37.37% in 2024, then surged by 144 bps to 91.21% in 2025, then sank 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 80.21% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 0.01% |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 13.85% |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 28.61% |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 60.71% |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 3.40% |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 20.73% |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 45.99% |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | -843.90% |
| 10 | Black Stone Minerals | 2.90 Bn | 2.89 Bn | 114.71 Mn | 4.77% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.77% |
| Dec 31, 2025 | 91.21% |
| Sep 30, 2025 | 80.21% |
| Jun 30, 2025 | 70.64% |
| Mar 31, 2025 | 14.48% |
| Dec 31, 2024 | 37.37% |
| Sep 30, 2024 | 82.73% |
| Jun 30, 2024 | 55.60% |
| Mar 31, 2024 | 48.43% |
| Dec 31, 2023 | 103.85% |
| Sep 30, 2023 | 41.56% |
| Jun 30, 2023 | 62.51% |
| Mar 31, 2023 | 74.00% |
| Dec 31, 2022 | 227.34% |
| Sep 30, 2022 | 75.42% |
| Jun 30, 2022 | 70.15% |
| Mar 31, 2022 | -33.64% |
| Dec 31, 2021 | 80.10% |
| Sep 30, 2021 | 7.95% |
| Jun 30, 2021 | 8.63% |