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
DateValue
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%