Black Stone Minerals (BSM) Return on Assets [ROA] (2014 - 2026)
Black Stone Minerals' Return on Assets [ROA] was 17.82% in Q3 2026, down 3.77 percentage points from 21.59% a year earlier and down 3.15 percentage points from the prior quarter.
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Analysis
Black Stone Minerals (BSM) Return on Assets [ROA] (2014 - 2026) Analysis & Trends
For FY2025, Return on Assets [ROA] at Black Stone Minerals came in at 23.48%, up 1.65 percentage points from FY2024.
- Return on Assets [ROA] shows a five-year change of +14.75 percentage points (FY2020 to FY2025).
- In earlier years, Return on Assets [ROA] was 21.83% in FY2024 (-11.47 pp), 33.30% in FY2023 (-4.53 pp), 37.83% in FY2022 (+23.22 pp) and 14.61% in FY2021 (+5.87 pp).
- The Q3 2026 figure marks the lowest quarterly Return on Assets [ROA] since Q1 2022.
- Compared with a year earlier, Return on Assets [ROA] was higher in two of the last eight quarters, with an average year-over-year change of -4.57 percentage points.
- The best year-over-year quarter for Return on Assets [ROA] over five years was Q1 2023 (a gain of 35.83 percentage points); the worst was Q1 2024 (a drop of 20.42 percentage points).
- Per Business Quant data, BSM's Return on Assets [ROA] in the three quarters before Q3 2026 was 20.97% (Q2 2026), 22.23% (Q1 2026) and 23.02% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 8.98% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 4.18% |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 8.25% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 6.03% |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 5.60% |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 9.23% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 834.81% |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | - |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 15.10% |
| 10 | Black Stone Minerals | 3.03 Bn | 3.01 Bn | - | 17.82% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 17.82% |
| Jun 30, 2026 | 20.97% |
| Mar 31, 2026 | 22.23% |
| Dec 31, 2025 | 23.02% |
| Sep 30, 2025 | 21.59% |
| Jun 30, 2025 | 21.95% |
| Mar 31, 2025 | 18.17% |
| Dec 31, 2024 | 22.32% |
| Sep 30, 2024 | 30.67% |
| Jun 30, 2024 | 27.93% |
| Mar 31, 2024 | 28.18% |
| Dec 31, 2023 | 33.79% |
| Sep 30, 2023 | 36.88% |
| Jun 30, 2023 | 44.77% |
| Mar 31, 2023 | 48.60% |
| Dec 31, 2022 | 37.49% |
| Sep 30, 2022 | 33.61% |
| Jun 30, 2022 | 21.91% |
| Mar 31, 2022 | 12.77% |
| Dec 31, 2021 | 14.59% |
API Access
Black Stone Minerals Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=BSM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=BSM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();