Pre-Tax Profit Margin (Quarterly)

Pre-Tax Profit Margin: Earnings before taxes as a portion of total revenue. Calculated as: Pre-Tax Income / Total Revenues

Black Stone Minerals, L.P. (BSM) had Pre-Tax Profit Margin of 71.39% for the most recently reported fiscal quarter, ending 2026-06-30.

Quarterly Annual

Figures for fiscal quarter ending 2026-06-30

Income Statement Financials
Revenue	$148.97M
Net Income	$98.99M
Cost of Goods Sold	--
Gross Profit	$148.97M
Operating Expenses	$38.90M
Operating Income	$110.07M
Non-Operating Income/Expense	$-3.71M
Pre-Tax Income	$106.36M
Normalized Pre-Tax Income	$106.36M
Income after Taxes	$106.36M
Income from Continuous Operations	$106.36M
Consolidated Net Income/Loss	$106.36M
Normalized Income after Taxes	$106.36M
EBIT	$110.07M
EBITDA	$119.73M
Weighted-Average Shares Outstanding (Basic)	212.60M
Weighted-Average Shares Outstanding (Diluted)	212.60M
Earnings per Share (EPS) (Basic)	$0.47
Earnings per Share (EPS) (Diluted)	$0.47
Balance Sheet Financials
Current Assets	$89.01M
Property, Plant, and Equipment	$1.26B
Long-Term Assets	$1.28B
Total Assets	$1.37B
Current Liabilities	$23.69M
Long-Term Debt	$196.00M
Long-Term Liabilities	$228.75M
Total Liabilities	$252.44M
Common Equity	$812.99M
Tangible Shareholders Equity	$1.11B
Shareholders Equity	$1.11B
Common Shares Outstanding	212.70M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$155.53M
Cash Flow from Investing Activities	$-52.78M
Cash Flow from Financial Activities	$-102.55M
Beginning Cash	$1.48M
End Cash	$1.67M
Increase/Decrease in Cash	$0.20M
Stock-Based Compensation	$6.03M
Common Stock Dividends Paid	$-127.45M
Preferred Stock Dividends Paid	$-14.73M
Fundamental Metrics & Ratios
Current Ratio	3.76
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.15
Debt to Equity Ratio	0.18
Gross Margin	100.00%
Operating Margin	73.89%
EBIT Margin	73.89%
EBITDA Margin	--
Pre-Tax Profit Margin	71.39%
Profit Margin	66.45%
Free Cash Flow	$148.65M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.11
Inventory Turnover	--
Receiveable Turnover	2.10
Days Sales in Receivables	42.93
Return on Equity	13.08%
Return on Tangible Equity	9.55%
Return on Assets	7.79%
Return on Investments	8.12%
Book Value Per Share	$5.23
Free Cash Flow per Share	$0.70
Operating Cash Flow per Share	$0.73

Data from Zacks Investment Research, Inc.