Black Stone Minerals (BSM) Return on Capital Employed (2014 - 2026)
Black Stone Minerals' (BSM) quarterly Return on Capital Employed came in at 23.76% in Q1 2026, up 431.0% year-on-year from 4.47% in Q1 2025, and down 1.53% on a QoQ basis 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.
- On a quarterly basis, Return on Capital Employed rose 431.0% year-over-year to 23.76% in Q1 2026; TTM through Mar 2026 was 23.76%, a 431.0% increase from a year earlier, with the FY2025 full-year figure at 24.62%, up 210.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 23.76%, down from 24.12% in the prior quarter.
- Over the last five years, Return on Capital Employed for BSM reached as high as 49.54% in Q1 2023 and fell as low as 15.01% in Q1 2022.
- Historically, Return on Capital Employed has averaged 29.83% across 5 years, with a median of 28.57% in 2024.
- Across the five-year window, Return on Capital Employed surged 3452 bps in 2023 and sank 2070 bps in 2024, its largest moves.
- Year by year, Return on Capital Employed stood at 38.91% in 2022, then fell by 11 bps to 34.59% in 2023, then slumped by 33 bps to 23.04% in 2024, then grew by 5 bps to 24.12% in 2025, then decreased by 2 bps to 23.76% in 2026.
- Per Business Quant data, the three most recent Return on Capital Employed figures were 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 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 22.86% |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 15.04% |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | -0.44% |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 1.41% |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 10.19% |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 39.41% |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 10.92% |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 17.11% |
| 10 | Black Stone Minerals | 3.16 Bn | 3.14 Bn | - | 23.76% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |