Black 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

14.36 0.15 −1.03%
Market cap
$3.1B
P/E
13.6×
Fwd P/E
15.4×
Dividend yield
8.84%
F-score
6/9
Altman Z
n/a
Beneish M
−2.72
Dividend safety
20/100

Black Stone Minerals, L.P. (BSM) Return on equity

Alert me on Return on equity

Black Stone Minerals, L.P.'s return on equity over the twelve months to 30 September 2026 was 26.6%, down 6.1 percentage points from fiscal 2025 (32.7%). Over the past ten years it has ranged from −14.6% (fiscal 2015) to 54.3% (fiscal 2022); the current reading is higher than 73% of that period. That is above the Oil & Gas E&P industry median of 8.99% and above the Energy sector median of 7.54%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 32.7% 4.96
FY2024 27.7% (16.12)
FY2023 43.8% (10.52)
FY2022 54.3% 33.23
FY2021 21.1% 8.17
FY2020 12.9% (9.78)
FY2019 22.7% (10.12)
FY2018 32.8% 11.70
FY2017 21.1% 19.21
FY2016 1.92% 16.47

Against its own ten years

Low −14.6% High 54.3%
Ten-year median 22.7%
Current reading's percentile 73

Return on equity against peers

Company Return on equity
BSM Black Stone Minerals, L.P. 26.6%
GPOR Gulfport Energy Corporation compare 25.9%
CRK Comstock Resources, Inc. compare 14.4%
BKV BKV Corporation compare 13.5%
KRP Kimbell Royalty compare 10.5%
CRGY Crescent Energy Company compare 1.29%
CRC California Resources Corporation compare −15.5%
TALO Talos Energy Inc. compare −18.1%
NOG Northern Oil and Gas, Inc. compare −22.1%
Oil & Gas E&P industry median 8.99%
Energy sector median 7.54%
Market median 0.51%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)

The full definition of Return on equity →

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