Black Stone Minerals, L.P. (BSM)
NYSE: BSM · Real-Time Price · USD
14.80
+0.03 (0.20%)
At close: Jul 30, 2026, 4:00 PM EDT
14.80
0.00 (0.00%)
After-hours: Jul 30, 2026, 4:15 PM EDT
Black Stone Minerals Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 470.03 | 469.92 | 433.7 | 592.22 | 663.6 | 359.26 | |
Revenue Growth | 21.31% | 8.35% | -26.77% | -10.76% | 84.71% | 4.82% |
Cost of Revenue | 47.91 | 49.17 | 59.28 | 68.37 | 78.61 | 62.87 |
Gross Profit | 422.12 | 420.75 | 374.42 | 523.85 | 584.99 | 296.4 |
Selling, General & Admin | 57.12 | 55.46 | 52.08 | 51.46 | 53.65 | 48.75 |
Depreciation & Amortization Expenses | 37.54 | 36.89 | 45.2 | 45.68 | 47.8 | 61.02 |
Exploration Expenses | 18.15 | 18.63 | 2.74 | 2.15 | 0.19 | 1.08 |
Other Operating Expenses | 1.43 | 1.37 | 1.3 | 1.12 | 0.88 | 3.92 |
Total Operating Expenses | 114.25 | 112.36 | 101.31 | 100.4 | 102.53 | 114.77 |
Operating Income | 307.87 | 308.4 | 273.11 | 423.45 | 482.46 | 181.63 |
Interest Income | 0.21 | 0.24 | 1.67 | 1.87 | 0.05 | 0 |
Interest Expense | -10.89 | -8.93 | -3.11 | -2.75 | -6.29 | -5.64 |
Other Non-Operating Income (Expense) | 0.08 | 0.23 | -0.34 | -0.16 | 0.22 | 0.3 |
Total Non-Operating Income (Expense) | -10.61 | -8.46 | -1.78 | -1.05 | -6.02 | -5.34 |
Pretax Income | 297.26 | 299.93 | 271.33 | 422.4 | 476.45 | 176.29 |
Net Income | 297.26 | 299.93 | 271.33 | 422.4 | 476.45 | 176.29 |
Net Income Attributable to Preferred Dividends | - | -29.47 | -29.47 | -21.78 | - | - |
Net Income to Common | 297.26 | 329.4 | 300.79 | 444.18 | 476.45 | 176.29 |
Net Income Growth | 33.09% | 9.51% | -32.28% | -6.77% | 170.27% | 139.10% |
Shares Outstanding (Basic) | 234 | 212 | 211 | 210 | 224 | 208 |
Shares Outstanding (Diluted) | 234 | 212 | 211 | 225 | 224 | 208 |
Shares Change | -3.59% | 0.45% | -6.36% | 0.29% | 7.76% | 38.43% |
EPS (Basic) | 1.27 | 1.28 | 1.15 | 1.91 | 2.18 | 0.77 |
EPS (Diluted) | 1.27 | 1.28 | 1.15 | 1.88 | 2.12 | 0.77 |
EPS Growth | 38.04% | 11.30% | -38.83% | -11.32% | 175.32% | 57.14% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 190.14 | 191.06 | 274.01 | 501.44 | 412.42 | 242.25 |
Free Cash Flow Growth | -22.38% | -30.27% | -45.36% | 21.58% | 70.25% | -12.54% |
Free Cash Flow Per Share | 0.81 | 0.90 | 1.30 | 2.23 | 1.84 | 1.16 |
Dividends Per Share | 1.200 | 1.275 | 1.600 | 1.900 | 1.745 | 0.895 |
Dividend Growth | -25.00% | -20.31% | -15.79% | 8.88% | 94.97% | 61.26% |
Gross Margin | 89.81% | 89.54% | 86.33% | 88.46% | 88.15% | 82.50% |
Operating Margin | 65.50% | 65.63% | 62.97% | 71.50% | 72.70% | 50.56% |
Profit Margin | 63.24% | 63.83% | 62.56% | 71.33% | 71.80% | 49.07% |
FCF Margin | 40.45% | 40.66% | 63.18% | 84.67% | 62.15% | 67.43% |
EBITDA | 346.49 | 346.37 | 319.38 | 470.17 | 532.22 | 244.22 |
EBITDA Margin | 73.72% | 73.71% | 73.64% | 79.39% | 80.20% | 67.98% |
EBIT | 307.87 | 308.4 | 273.11 | 423.45 | 482.46 | 181.63 |
EBIT Margin | 65.50% | 65.63% | 62.97% | 71.50% | 72.70% | 50.56% |