Black Stone Minerals (BSM) Return on Capital Employed (2014 - 2026)

Black Stone Minerals (BSM) reported Return on Capital Employed of 23.76% for Q1 2026, up 431.0% year-over-year from 4.47% in Q1 2025, and down 1.53% quarter-over-quarter from 24.12% in Q4 2025.

Black Stone Minerals (BSM) Return on Capital Employed (2014 - 2026) Analysis & Trends

Black Stone Minerals (BSM) has 13 years of Return on Capital Employed data on file, last reported at 23.76% in Q1 2026.

  • Return on Capital Employed for Q1 2026 came in at 23.76%, up 431.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 23.76% (up 431.0% YoY), and the FY2025 annual result was 24.62%, up 210.0% from the prior year.
  • Return on Capital Employed declined to 23.76% in Q1 2026 per BSM's latest filing, from 24.12% in the prior quarter.
  • Over five years, Return on Capital Employed peaked at 49.54% in Q1 2023 and troughed at 15.01% in Q1 2022.
  • A 5-year average of 29.83% and a median of 28.57% in 2024 frame the typical range for Return on Capital Employed.
  • The sharpest annual moves came in 2023 and 2024: Return on Capital Employed jumped 3452 bps in 2023, then tumbled 2070 bps in 2024.
  • A 5-year view of Return on Capital Employed shows it stood at 38.91% in 2022, then slipped by 11 bps to 34.59% in 2023, then sank by 33 bps to 23.04% in 2024, then gained by 5 bps to 24.12% in 2025, then declined by 2 bps to 23.76% in 2026.
  • Business Quant data shows BSM's Return on Capital Employed at 23.76% in Q1 2026, 24.12% in Q4 2025, and 22.49% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - 13.66%
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn -
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 22.41%
4 Eog Resources 72.93 Bn 69.08 Bn - 15.04%
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 19.02%
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn -0.44%
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn 23.41%
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 12.16%
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 34,022.25%
10 Black Stone Minerals 2.90 Bn 2.89 Bn 114.71 Mn 23.76%

Historic Data

Download Data
DateValue
Mar 31, 2026 23.76%
Dec 31, 2025 24.12%
Sep 30, 2025 22.49%
Jun 30, 2025 22.88%
Mar 31, 2025 19.45%
Dec 31, 2024 23.04%
Sep 30, 2024 31.22%
Jun 30, 2024 28.57%
Mar 31, 2024 28.84%
Dec 31, 2023 34.59%
Sep 30, 2023 38.15%
Jun 30, 2023 45.74%
Mar 31, 2023 49.54%
Dec 31, 2022 38.91%
Sep 30, 2022 36.09%
Jun 30, 2022 24.80%
Mar 31, 2022 15.01%
Dec 31, 2021 16.01%
Sep 30, 2021 7.50%
Jun 30, 2021 8.00%