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
DateValue
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%