Black Stone Minerals profit margin BSM
Gross, operating and net profit as a share of revenue over the last twelve months, from 2015.
- Net margin, 12 months
- 61.7%
- Operating margin, 12 months
- 64.3%
- Net margin on a year earlier
- −1.2 pts
- Peer median
- 23.1%
Over the twelve months to Jun 30, 2026, Black Stone Minerals kept 61.7% of its revenue as net profit, with an operating margin of 64.3%.
Five years earlier its net margin was 35.5%.
The median for 10 oil and gas producers of a similar size is 23.1%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin |
|---|---|---|
| FY2025 | 63.8% | 65.6% |
| FY2024 | 62.6% | 63.0% |
| FY2023 | 71.4% | 71.5% |
| FY2022 | 71.8% | 72.7% |
| FY2021 | 50.7% | 52.1% |
| FY2020 | 35.5% | 38.5% |
| FY2019 | 43.9% | 48.2% |
| FY2018 | 48.5% | 52.2% |
| FY2017 | 36.6% | 40.1% |
| FY2016 | 7.7% | 10.5% |
| FY2015 | −25.5% | −24.4% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 61.7% | −1.2 pts | 64.3% | |
| Q1 FY26 | 63.2% | +5.6 pts | 65.5% | |
| Q4 FY25 | 63.8% | +1.3 pts | 65.6% | |
| Q3 FY25 | 63.0% | −5.9 pts | 64.6% | |
| Q2 FY25 | 62.9% | −3.4 pts | 64.0% | |
| Q1 FY25 | 57.6% | −9.6 pts | 58.4% | |
| Q4 FY24 | 62.6% | −8.8 pts | 63.0% | |
| Q3 FY24 | 68.9% | −3.6 pts | 69.0% | |
| Q2 FY24 | 66.3% | −10.2 pts | 66.3% | |
| Q1 FY24 | 67.3% | −9.8 pts | 67.4% | |
| Q4 FY23 | 71.4% | −0.5 pts | 71.5% | |
| Q3 FY23 | 72.5% | +2.7 pts | 73.0% |
Against its peers
Companies in Oil & Gas Exploration & Production nearest Black Stone Minerals' size, closest first, today.
| Company | Profit margin |
|---|---|
| BSMBlack Stone Minerals | 61.7% |
| GPORGulfport Energy | 32.3% |
| PARRPAR Pacific | 9.9% |
| HESMHess Midstream | 23.2% |
| CRKComstock Resources | 23.3% |
| BKVBKV | 22.9% |
| KRPKimbell Royalty Partners | 23.0% |
| CNXCNX Resources | 36.5% |
| MNRMach Natural Resources | 7.4% |
| LBLandBridge Co LLC | 16.5% |
| MGYMagnolia Oil & Gas | 28.8% |
| Peer median | 23.1% |
Where Black Stone Minerals ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Black Stone Minerals
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.