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Discontinued — last reported Q1 '26

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Other financials

Income statement

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Revenue$59.4M+0.2%
Operating income$16.6M-3.1%
Net income$13.3M-16.8%

Balance sheet

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Cash & equivalents$11.6M+379%
Total debt$4.6M-10.1%
Total equity$823.2M+19.8%
Total assets$1.3B+8.0%

Cash flow

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Operating cash flow$62.6M-3.5%

Valuation

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Market cap$3.02B+11.9%
Enterprise value$3.01B+11.6%
P/E10.2×+0.3×
P/S6.4×+0.3×

Profitability

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Operating margin65.5%+7.1pp
Net margin63.2%+5.6pp

Returns & leverage

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Return on equity56.6%
Debt / equity0.0×
Current ratio2.3×+1.0×

Where this comes from

Reported directly by Black Stone Minerals in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted.

The source filing: Black Stone Minerals’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:12 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-030534
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Common units5,9068,582
$5,906$8,582
NET INCOME ATTRIBUTABLE TO LIMITED PARTNERS PER COMMON UNIT:
Per common unit (basic)$0.03$0.04
Per common unit (diluted)$0.03$0.04
WEIGHTED AVERAGE COMMON UNITS OUTSTANDING:
Weighted average common units outstanding (basic)212,369211,253
Weighted average common units outstanding (diluted)212,369211,253

Item 1. Condensed Financial Statements (Unaudited)

FAQ

What is Black Stone Minerals's EPS (diluted)?
Black Stone Minerals (BSM) reported EPS (diluted) of $0.03 in Q1 2026.
How has Black Stone Minerals's EPS (diluted) changed year-over-year?
Black Stone Minerals's EPS (diluted) decreased by 25.0% year-over-year, from $0.04 to $0.03.
What is the long-term trend for Black Stone Minerals's EPS (diluted)?
Over 4 years (2021 to 2025), Black Stone Minerals's EPS (diluted) has grown at a 13.5% compound annual growth rate (CAGR), from $0.77 to $1.28.
What does EPS (diluted) mean?
Net income divided by the weighted-average number of shares outstanding plus all potentially dilutive securities (stock options, convertibles, warrants). The most conservative EPS measure.

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