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| 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% |