Black Stone Minerals (BSM) Net Margin (2014 - 2026)
Black Stone Minerals' (BSM) quarterly Net Margin came in at 4.77% in Q1 2026, down 268.0% year-on-year from 2.84% in Q1 2025, and down 94.77% on a QoQ basis 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.
- On a quarterly basis, Net Margin fell 268.0% year-over-year to 4.77% in Q1 2026; TTM through Mar 2026 was 61.67%, a 1459.0% increase from a year earlier, with the FY2025 full-year figure at 64.04%, up 827.0% from the prior year.
- Net Margin for Q1 2026 stood at 4.77%, down from 91.21% in the prior quarter.
- Over the last five years, Net Margin for BSM reached as high as 105.63% in Q1 2023 and fell as low as 33.64% in Q1 2022.
- Historically, Net Margin has averaged 56.33% across 5 years, with a median of 63.68% in 2025.
- Across the five-year window, Net Margin surged 13927 bps in 2023 and sank 5720 bps in 2024, its largest moves.
- Year by year, Net Margin stood at 50.69% in 2022, then soared by 46 bps to 74.21% in 2023, then tumbled by 37 bps to 46.56% in 2024, then jumped by 96 bps to 91.21% in 2025, then slumped by 95 bps to 4.77% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 4.77% in Q1 2026, 91.21% in Q4 2025, and 63.68% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 13.85% |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 28.61% |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 3.40% |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 26.39% |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 60.71% |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 15.55% |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 60.34% |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 4.79% |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 26.36% |
| 10 | Black Stone Minerals | 3.16 Bn | 3.14 Bn | - | 4.77% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 8.63% |