Black Stone Minerals
BSM
14.62
-0.06
-0.41%
Black Stone Minerals
US · BSM
#2459 by market cap
Listed 2015
14.62
-0.06
-0.41%
Live - 5344 symbols - heartbeat 429s ago
· 2026-10-08 07:47
Pre-market
14.52
-0.68%
After-hours
14.62
0.00%
Overnight
15.12
+3.42%
- Market cap
- 3.11B
- P/E (TTM)i
- 12.18
- P/Bi
- 2.79
- EPSi
- 1.28
- Div yieldi
- 8.21%
- 52W posi
- 85%
Reader sentiment
Are you bullish or bearish on BSM?
Anonymous reader poll. Unscientific, not investment advice.
Revenue annual, last 8 years
Latest year +8.35% YoY
Margins
- Gross margin
- 79.62%
- Operating margin
- 61.75%
- Net margin
- 64.04%
Key ratios & quality
- Enterprise valuei
- 3.26B
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 609.57M | 487.82M | 342.75M | 359.26M | 663.60M | 592.22M | 433.70M | 469.92M |
| Gross profit | 389.31M | 304.99M | 157.13M | 381.85M | 657.87M | 387.05M | 334.95M | 336.28M |
| Selling & admin expenses | 76.71M | 63.35M | 42.98M | 48.75M | 53.65M | 51.46M | 52.08M | 55.46M |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 303.55M | 240.13M | 112.98M | 330.95M | 603.16M | 332.41M | 278.84M | 260.81M |
| Pretax profit | 295.56M | 214.37M | 121.82M | 181.99M | 476.48M | 422.55M | 271.33M | 299.93M |
| Tax | -- | -- | -- | -- | -- | -- | -- | -- |
| Net profit | 295.56M | 214.37M | 121.82M | 181.99M | 476.48M | 422.55M | 271.33M | 299.93M |
| Basic EPS | 1 | 1 | 0 | 1 | 2 | 2 | 1 | 1 |
| Diluted EPS | 1.45 | 1.01 | 0.49 | 0.77 | 2.12 | 1.88 | 1.15 | 1.28 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 59.25M | 159.49M | 132.47M | 118.70M | 59.36M | 148.97M |
| Gross profit | 93.78M | 85.51M | 81.60M | 75.40M | 103.03M | 104.51M |
| Selling & admin expenses | 15.17M | 13.92M | 12.29M | 14.08M | 16.83M | 16.08M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 73.16M | 69.50M | 66.81M | 51.33M | 81.19M | 83.22M |
| Pretax profit | 15.95M | 120.03M | 91.73M | 72.23M | 13.27M | 106.36M |
| Tax | -- | -- | -- | -- | -- | -- |
| Net profit | 15.95M | 120.03M | 91.73M | 72.23M | 13.27M | 106.36M |
| Basic EPS | 0 | 1 | 0 | 0 | 0 | 0 |
| Diluted EPS | 0.04 | 0.53 | 0.40 | 0.31 | 0.03 | 0.47 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 157.53M | 102.29M | 66.52M | 107.97M | 173.38M | 193.13M | 78.54M | 95.64M |
| Cash & ST investments | 5.41M | 8.12M | 1.80M | 8.88M | 4.31M | 70.28M | 2.52M | 1.48M |
| Inventory | -- | -- | -- | -- | -- | -- | -- | -- |
| Total assets | 1.75B | 1.55B | 1.24B | 1.25B | 1.27B | 1.27B | 1.22B | 1.34B |
| Total current liabilities | 64.77M | 29.80M | 39.95M | 77.14M | 30.73M | 25.84M | 30.42M | 24.62M |
| Short-term debt | -- | -- | -- | -- | -- | -- | 713.00K | 1.99M |
| Long-term debt | 410.00M | 394.00M | 121.00M | 89.00M | 10.00M | -- | 25.00M | 154.00M |
| Total liabilities | 547,500,000.00 | 448,404,000.00 | 185,011,000.00 | 184,292,000.00 | 61,270,000.00 | 49,539,000.00 | 89,467,000.00 | 207,098,000.00 |
| Total equity | 1.20B | 1.10B | 1.06B | 1.06B | 1.21B | 1.22B | 1.13B | 1.13B |
| Retained earnings | -- | -- | -- | -- | -- | -- | -- | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 88.28M | 93.39M | 85.17M | 95.64M | 95.69M | 89.01M |
| Cash & ST investments | 2.42M | 2.52M | 2.86M | 1.48M | 11.61M | 1.67M |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | 1.24B | 1.27B | 1.27B | 1.34B | 1.34B | 1.37B |
| Total current liabilities | 65.33M | 28.98M | 19.50M | 24.62M | 40.98M | 23.69M |
| Short-term debt | -- | -- | -- | 1.99M | 1.05M | 1.17M |
| Long-term debt | 63.00M | 99.00M | 95.00M | 154.00M | 187.00M | 196.00M |
| Total liabilities | 173,870,000.00 | 165,273,000.00 | 145,167,000.00 | 207,098,000.00 | 264,734,000.00 | 252,445,000.00 |
| Total equity | 1.06B | 1.10B | 1.13B | 1.13B | 1.07B | 1.11B |
| Retained earnings | -- | -- | -- | -- | -- | -- |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 385.38M | 412.72M | 281.81M | 256.88M | 424.98M | 521.25M | 389.04M | 310.17M |
| Depreciation & amortization | 122.65M | 109.58M | 82.02M | 61.02M | 47.80M | 45.68M | 45.20M | 36.89M |
| Free cash flow | 88.04M | 301.42M | 276.99M | 242.25M | 412.42M | 501.44M | 274.01M | 191.06M |
| Dividends paid | -268.49M | -328.42M | -161.34M | -197.92M | -343.40M | -419.82M | -365.06M | -315.12M |
| Stock buybacks / issuance | 27.84M | -16.97M | -5.04M | -1.96M | -2.99M | -5.50M | -4.45M | -3.78M |
| Ending cash balance | 5.41M | 8.12M | 1.80M | 8.88M | 4.31M | 70.28M | 2.52M | 1.48M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 64.84M | 80.48M | 99.76M | 65.10M | 62.56M | 92.97M |
| Depreciation & amortization | 9.13M | 9.19M | 9.90M | 8.67M | 9.79M | 9.40M |
| Free cash flow | 51.37M | 50.86M | 79.05M | 9.78M | 50.45M | 52.18M |
| Dividends paid | -86.54M | -86.73M | -70.92M | -70.93M | -71.07M | -71.12M |
| Stock buybacks / issuance | -3.29M | 0 | -466.00K | -22.00K | -2.34M | 0 |
| Ending cash balance | 2.42M | 2.52M | 6.17M | 1.48M | 11.61M | 1.67M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 23.95 | 16.82 | 9.35 | 15.17 | 40.07 | 33.02 | 20.61 | 23.96 |
| ROA %i | 16.50 | 11.74 | 7.23 | 12.92 | 36.16 | 31.58 | 19.46 | 21.18 |
| ROIC %i | 18.74 | 13.46 | 8.12 | 14.16 | 38.81 | 33.08 | 20.28 | 22.72 |
| 5-year avg ROE %i | 5.99 | 9.36 | 13.73 | 16.41 | 21.07 | 22.89 | 23.65 | 26.57 |
| EBIT margin %i | 53.19 | 47.85 | 44.57 | 37.10 | 61.56 | 84.87 | 62.45 | 73.13 |
| FCF / sales %i | 14.80 | 61.17 | 93.38 | 47.90 | 52.59 | 100.07 | 62.36 | 45.24 |
| Current ratioi | 2.43 | 3.43 | 1.67 | 1.40 | 5.64 | 7.48 | 2.58 | 3.88 |
| Quick ratioi | 1.83 | 2.90 | 1.59 | 1.37 | 4.56 | 5.90 | 2.42 | 2.72 |
| Debt / assetsi | 23.43 | 25.50 | 9.73 | 7.13 | 0.79 | -- | 2.11 | 11.68 |
| LT debt / equityi | 34.09 | 35.92 | 11.43 | 8.37 | 0.83 | -- | 2.21 | 13.65 |
| Interest coveragei | 15.24 | 11.00 | 12.70 | 33.28 | 76.80 | 154.43 | 88.27 | 34.59 |
| Revenue CAGR (3Y) %i | 25.26 | 18.35 | -9.69 | -5.26 | 16.75 | 19.10 | -4.58 | -18.64 |
| Net income CAGR (3Y) %i | -- | 119.75 | -8.15 | -14.92 | 30.51 | 51.38 | 14.24 | -14.30 |
| FCF CAGR (3Y) %i | -19.38 | -- | -- | 40.13 | 11.02 | 21.88 | 4.19 | -22.62 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 17.31 | 21.70 | 21.33 | 23.96 | 25.04 | 22.93 |
| ROA %i | 15.70 | 19.77 | 19.70 | 21.18 | 20.78 | 19.30 |
| ROIC %i | 16.57 | 20.27 | 20.13 | 22.72 | 22.94 | 20.81 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 51.89 | 65.34 | 65.19 | 73.13 | 71.50 | 66.31 |
| FCF / sales %i | 55.94 | 51.96 | 51.97 | 45.24 | 44.12 | 42.89 |
| Current ratioi | 1.35 | 3.22 | 4.37 | 3.88 | 2.34 | 3.76 |
| Quick ratioi | 1.23 | 2.85 | 3.45 | 2.72 | 2.12 | 3.07 |
| Debt / assetsi | 5.09 | 7.81 | 7.48 | 11.68 | 14.05 | 14.44 |
| LT debt / equityi | 5.92 | 8.98 | 8.44 | 13.65 | 17.42 | 17.60 |
| Interest coveragei | 58.61 | 50.82 | 38.94 | 34.59 | 28.29 | 23.80 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Sale of oil and natural gas, as well as lease bonus and other income that is derived from our oil100.00%
Quote time 2026-10-08 07:47:37 · For reference only, not investment advice and not tailored to your situation.