KPIs & Operating Metrics(New)
Growth Metrics

Black Stone Minerals (BSM) Operating Margin (2016 - 2025)

Black Stone Minerals (BSM) has disclosed Operating Margin for 12 consecutive years, with 78.64% as the latest value for Q4 2025.

  • Quarterly Operating Margin rose 3308.0% to 78.64% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 64.91% through Dec 2025, up 112.0% year-over-year, with the annual reading at 73.02% for FY2025, 1087.0% up from the prior year.
  • Operating Margin for Q4 2025 was 78.64% at Black Stone Minerals, down from 89.46% in the prior quarter.
  • The five-year high for Operating Margin was 110.54% in Q1 2023, with the low at 3.67% in Q1 2022.
  • Average Operating Margin over 5 years is 59.57%, with a median of 62.35% recorded in 2024.
  • The sharpest move saw Operating Margin soared 11421bps in 2023, then crashed -6267bps in 2024.
  • Over 5 years, Operating Margin stood at 75.56% in 2021, then plummeted by -30bps to 52.69% in 2022, then soared by 105bps to 108.23% in 2023, then tumbled by -58bps to 45.57% in 2024, then surged by 73bps to 78.64% in 2025.
  • According to Business Quant data, Operating Margin over the past three periods came in at 78.64%, 89.46%, and 76.67% for Q4 2025, Q3 2025, and Q2 2025 respectively.