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Black Stone Minerals BSM Operating Income

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Other financials

Income statement

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Revenue$59.4M+0.2%
Net income$13.3M-16.8%
EPS (diluted)$0.03-25.0%

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:OperatingIncomeLoss.

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
General and administrative16,83215,172
Accretion of asset retirement obligations389332
TOTAL OPERATING EXPENSE42,72442,091
INCOME FROM OPERATIONS16,63517,161
OTHER INCOME (EXPENSE)
Interest and investment income3264
Interest expense(3,361)(1,397)
Other income (expense), net(34)120

Item 1. Condensed Financial Statements (Unaudited)

FAQ

What is Black Stone Minerals's operating income?
Black Stone Minerals (BSM) reported operating income of $16.64M in Q1 2026.
How has Black Stone Minerals's operating income changed year-over-year?
Black Stone Minerals's operating income decreased by 3.1% year-over-year, from $17.16M to $16.64M.
What is the long-term trend for Black Stone Minerals's operating income?
Over 4 years (2021 to 2025), Black Stone Minerals's operating income has grown at a 13.3% compound annual growth rate (CAGR), from $187.33M to $308.4M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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