Black Stone Minerals (BSM) Operating Income (2014 - 2026)
Black Stone Minerals (BSM) recorded Operating Income of $110.07 million in Q2 2026, down 10.0% from $122.28 million a year earlier but up 561.7% from the prior quarter.
Black Stone Minerals (BSM) Operating Income (2014 - 2026) Analysis & Trends
On a TTM basis, Black Stone Minerals' Operating Income came in at $295.66 million as of Jun 30, 2026, up 5.6% year-over-year; for FY2025, it came in at $308.4 million, up 12.9% from FY2024.
- Annual Operating Income has a five-year compound annual growth rate of 18.5% (FY2020 to FY2025).
- Across earlier years, Operating Income came in at $273.11 million in FY2024 (-35.5%), $423.6 million in FY2023 (-12.2%), $482.5 million in FY2022 (+157.6%) and $187.33 million in FY2021 (+41.8%).
- Quarterly Operating Income has ranged from -$5.75 million in Q1 2022 to $184.97 million in Q4 2022 over the past five years.
- On a year-over-year basis, Operating Income rose in four of the last eight quarters, with growth averaging 4.1%.
- Peak year-over-year performance for Operating Income in the last five years was growth of 871.5% in Q3 2022, against a decline of 73.2% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $16.64 million (Q1 2026), $74.85 million (Q4 2025) and $94.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 743.20 Bn | 699.68 Bn | - | - |
| 2 | Chevron | 447.03 Bn | 419.15 Bn | 33.45 Bn | -19.92 Bn |
| 3 | Shell | 310.50 Bn | 240.25 Bn | 30.13 Bn | 21.43 Bn |
| 4 | TotalEnergies SE | 198.52 Bn | 79.10 Bn | 61.77 Bn | 15.33 Bn |
| 5 | Conocophillips | 177.09 Bn | 149.80 Bn | 12.81 Bn | 10.38 Bn |
| 6 | Equinor Asa | 119.58 Bn | 34.03 Bn | - | 12.99 Bn |
| 7 | Phillips 66 | 116.56 Bn | 104.35 Bn | 8.38 Bn | -38.69 Bn |
| 8 | Canadian Natural Resources | 113.43 Bn | 110.44 Bn | 8.84 Bn | 8.73 Bn |
| 9 | Suncor Energy | 96.25 Bn | 82.00 Bn | - | 652.00 Mn |
| 10 | Black Stone Minerals | 3.10 Bn | 3.09 Bn | - | 110.07 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 110.07 Mn |
| Mar 31, 2026 | 16.64 Mn |
| Dec 31, 2025 | 74.85 Mn |
| Sep 30, 2025 | 94.10 Mn |
| Jun 30, 2025 | 122.28 Mn |
| Mar 31, 2025 | 17.16 Mn |
| Dec 31, 2024 | 47.52 Mn |
| Sep 30, 2024 | 93.12 Mn |
| Jun 30, 2024 | 68.49 Mn |
| Mar 31, 2024 | 63.97 Mn |
| Dec 31, 2023 | 147.60 Mn |
| Sep 30, 2023 | 62.03 Mn |
| Jun 30, 2023 | 78.76 Mn |
| Mar 31, 2023 | 135.20 Mn |
| Dec 31, 2022 | 184.97 Mn |
| Sep 30, 2022 | 170.21 Mn |
| Jun 30, 2022 | 133.07 Mn |
| Mar 31, 2022 | -5.75 Mn |
| Dec 31, 2021 | 135.57 Mn |
| Sep 30, 2021 | 17.52 Mn |
Black Stone Minerals Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=BSM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "BSM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=BSM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();