stockrowBlack Stone Minerals, L.P.
BSM Energy Oil & Gas E&P
Black Stone Minerals, L.P.’s revenue for fiscal 2025 (year ended December 2025) was $469.9 million, up 8.35% from fiscal 2024.
- Revenue
- −24.7%
- EPS
- −38.5%
- Free cash flow
- −4.44%
- Total debt
- +105.3%
Quarter to September 2026, against a year earlier
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Black Stone Minerals, L.P. (BSM) Operating margin
Black Stone Minerals, L.P.'s operating margin over the twelve months to 30 September 2026 was 60.4%, down 5.2 percentage points from fiscal 2025 (65.6%). Over the past ten years it has ranged from −24.4% (fiscal 2015) to 72.7% (fiscal 2022); the current reading is higher than 82% of that period. That is above the Oil & Gas E&P industry median of 24.0% and above the Energy sector median of 15.2%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 65.6% | 2.66 |
| FY2024 | 63.0% | (8.56) |
| FY2023 | 71.5% | (1.18) |
| FY2022 | 72.7% | 20.57 |
| FY2021 | 52.1% | 13.60 |
| FY2020 | 38.5% | (9.67) |
| FY2019 | 48.2% | (4.02) |
| FY2018 | 52.2% | 12.18 |
| FY2017 | 40.1% | 29.52 |
| FY2016 | 10.5% | 34.93 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 56.4% | (17.52) |
| Jun 2026 | 73.9% | 45.87 |
| Mar 2026 | 28.0% | (35.04) |
| Dec 2025 | 63.1% | (7.97) |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| BSM Black Stone Minerals, L.P. | 60.4% |
| GPOR Gulfport Energy Corporation compare | 44.3% |
| KRP Kimbell Royalty compare | 40.2% |
| CRK Comstock Resources, Inc. compare | 28.4% |
| CRGY Crescent Energy Company compare | 27.8% |
| BKV BKV Corporation compare | 25.1% |
| TALO Talos Energy Inc. compare | −0.39% |
| CRC California Resources Corporation compare | −20.3% |
| NOG Northern Oil and Gas, Inc. compare | −24.1% |
| Oil & Gas E&P industry median | 24.0% |
| Energy sector median | 15.2% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
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