Black Stone Minerals, L.P.
BSM NYSE· Crude Petroleum & Natural Gas
Last close · Oct 26, 2026
$14.90
KIRA · Stoqly’s AI analyst, in plain words
- Black Stone Minerals, L.P. had $470M of revenue in fiscal 2025, up 8.4% on the year before. Over five years, revenue changed +6.5% a year on average.
- Its operating margin was 65.6%, up 2.7 pts: of every 100 in sales, about 66 is left after running the business.
- Black Stone Minerals, L.P. made $300M of net profit in fiscal 2025.
Market cap
$3.2B
P/E
12.3x
Revenue
$470M
Net income
$300M
Free cash flow
—
Operating margin
65.6%
Black Stone Minerals, L.P. in 30 seconds · fiscal 2025
Are sales growing?
+8.4%
Yes. Sales grew 8.4% last year.
Does it make a profit?
63.8%
Yes. It keeps 63.8% of every sale as profit.
How healthy are the accounts?
5 / 7
Mixed. It passes 5 of 7 health tests.
How is the share priced?
12.3x
One share costs 12.3 times its yearly profit per share.
What Black Stone Minerals, L.P. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 24, 2026
- Legal name
- Black Stone Minerals, L.P.
- CIK
- 0001621434
Black Stone Minerals, L.P. · BSM
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $359M | $664M | $592M | $434M | $470M |
| Revenue growth | 4.8% | 84.7% | −10.8% | −26.8% | 8.4% |
| Operating margin | 52.1% | 72.7% | 71.5% | 63.0% | 65.6% |
| Net income | $182M | $476M | $423M | $271M | $300M |
| Net margin | 50.7% | 71.8% | 71.4% | 62.6% | 63.8% |
| Diluted EPS | $0.77 | $2.12 | $1.88 | $1.15 | $1.28 |
| Cash | |||||
| Cash from operations | $257M | $425M | $521M | $389M | $310M |
| Share count change | 0.7% | 7.8% | 0.3% | −6.4% | 0.5% |
| Debt and strength | |||||
| Cash and short-term investments | $8.9M | $4.3M | $70.3M | $2.5M | $1.5M |
| Current ratio | 1.4x | 5.6x | 7.5x | 2.6x | 3.9x |
| Interest coverage | 33.2x | 76.8x | 153.8x | 87.8x | 34.5x |
| Returns and quality | |||||
| Piotroski F-score | 5 | 5 | 4 | 4 | 5 |
Insiders bought, 12 months
$2.4M
2 insiders
Insiders sold, 12 months
$29.5M
3 insiders
Of sales under plans
3%
$0.9M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Black Stone Minerals, L.P. · BSM
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $14.90 a share, the company is worth $3.2B: 12.3 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0001621434). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.