13 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $422M | $300M | 0.0% | 73.0% | — | — | $1M |
| 2024 | $439M | $271M | 0.0% | 62.2% | — | — | $3M |
| 2023 | $501M | $423M | 0.0% | 84.5% | — | — | $70M |
| 2022 | $784M | $476M | 0.0% | 61.5% | — | — | $4M |
| 2021 | $506M | $182M | 0.0% | 37.0% | — | — | $9M |
| 2020 | $297M | $122M | 0.0% | 44.5% | — | — | $2M |
| 2019 | $493M | $214M | 0.0% | 47.7% | — | — | $8M |
| 2018 | $595M | $296M | 0.0% | 53.5% | — | — | $5M |
| 2017 | $403M | $157M | 0.0% | 42.7% | — | — | $6M |
| 2016 | $297M | $20M | 0.0% | 9.2% | — | — | $10M |
| 2015 | — | -$102M | — | — | — | — | $13M |
| 2014 | — | $169M | — | — | — | — | $15M |
| 2013 | — | $169M | — | — | — | — | $30M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $124M | $13M | 0.0% | 13.4% | — | — | $12M |
| Dec '25 | $95M | $72M | 0.0% | 78.6% | — | — | $1M |
| Sep '25 | $105M | $92M | 0.0% | 89.5% | — | — | $3M |
| Jun '25 | $107M | $120M | 0.0% | 114.6% | — | — | $3M |
| Mar '25 | $115M | $16M | 0.0% | 14.9% | — | — | $2M |
| Dec '24 | $104M | $46M | 0.0% | 45.6% | — | — | $3M |
| Sep '24 | $103M | $93M | 0.0% | 90.2% | — | — | $21M |
| Jun '24 | $115M | $68M | 0.0% | 59.5% | — | — | $27M |
| Mar '24 | $117M | $64M | 0.0% | 54.8% | — | — | $40M |
| Dec '23 | $136M | — | 0.0% | 108.2% | — | — | $70M |
| Sep '23 | $137M | $62M | 0.0% | 45.4% | — | — | $56M |
| Jun '23 | $106M | $78M | 0.0% | 74.5% | — | — | $47M |
| Mar '23 | $122M | $134M | 0.0% | 110.5% | — | — | $19M |
| Dec '22 | $199M | $183M | 0.0% | 93.0% | — | — | $4M |
| Sep '22 | $221M | $168M | 0.0% | 77.0% | — | — | $838000 |
| Jun '22 | $208M | $132M | 0.0% | 64.1% | — | — | $12M |
| Mar '22 | $156M | -$7M | 0.0% | -3.7% | — | — | $7M |
| Dec '21 | $161M | $134M | 0.0% | 84.2% | — | — | $9M |
| Sep '21 | $137M | $16M | 0.0% | 12.8% | — | — | $3M |
| Jun '21 | $118M | $15M | 0.0% | 14.4% | — | — | $1M |
Over the past 5 years, Black Stone Minerals, L.P.'s revenue has grown 7.3% per year, and net income grown 19.7% per year. These are computed facts, not advice.
As of FY2025, Black Stone Minerals, L.P. reported — of total debt against $1M of cash; operating income covered interest expense 35×.
In FY2025, gross margin was —, operating margin 73.0%, and net margin 71.0%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.