Black Stone Minerals LPBSM -0.14%79 Net Margin % is 10.71% as of Mar. 2026, which is 77% below its 10-year median of 46.60. GuruFocus rates BSM with a GF Score™ of 79/100 and a GF Value™ of $13.85 (Fairly Valued). The stock has 7 warning signs investors should review. Among 916 Oil & Gas companies, Black Stone Minerals LP ranks better than 96.72% on this metric.
The historical rank and industry rank for Black Stone Minerals LP's Net Margin % or its related term are showing as below:
BSM'
s Net Margin % Range Over the Past 10 Years
Min: 6.79 Med: 46.6 Max: 84.32
Current: 68.97
BSM's Net Margin % is ranked better than 96.72% of 916
companies
in the Oil & Gas industry
Industry Median: 3.435
vs BSM: 68.97
Black Stone Minerals LP (NYSE:BSM) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Black Stone Minerals LP Net Margin % Related Terms
Black Stone Minerals LP Net Margin % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas E&P subindustry, Black Stone Minerals LP's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Black Stone Minerals LP Net Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Black Stone Minerals LP's Net Margin % distribution charts can be found below:
* The bar in red indicates where Black Stone Minerals LP's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Black Stone Minerals LP (BSM) has a Net Margin % of 10.71% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Black Stone Minerals LP and its competitors. This is 77% below median its historical median of 46.60. Over the past decade, Black Stone Minerals LP's Net Margin % has ranged from 6.79 to 84.32. According to the industry distribution chart, Black Stone Minerals LP ranks #30 out of 916 companies in the Oil & Gas industry, placing it in the top 3.3%.
Is Black Stone Minerals LP's Net Margin % too high?
Black Stone Minerals LP's current Net Margin % of 10.71% is 77% below median its 10-year median of 46.60. Over the past 10 years, this metric has ranged from a low of 6.79 to a high of 84.32. The Oil & Gas industry median Net Margin % is 3.44. Black Stone Minerals LP's value of 10.71% is 211.8% above this industry median. Based on the distribution chart, Black Stone Minerals LP ranks #30 out of 916 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Black Stone Minerals LP has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Black Stone Minerals LP's Net Margin % compare to BKV and GPOR?
According to the Oil & Gas industry distribution chart, Black Stone Minerals LP ranks #30 out of 916 companies for Net Margin %. This places Black Stone Minerals LP in the top 3% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.44. Black Stone Minerals LP's value of 10.71% is 211.8% above this benchmark. Historically, Black Stone Minerals LP's own Net Margin % has ranged from 6.79 to 84.32 over the past decade. While the company's 10-year median is 46.60 vs. the industry median of 3.44, Black Stone Minerals LP has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Oil & Gas company?
The median Net Margin % among Oil & Gas companies is 3.44, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Black Stone Minerals LP's current Net Margin % of 10.71% is 211.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Black Stone Minerals LP and its competitors. For the Oil & Gas industry, the median Net Margin % is 3.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Stone Minerals LP's current Net Margin % is 10.71%, which is 77% below median its own 10-year median of 46.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Stone Minerals LP stock overvalued right now?
Based on GuruFocus' analysis, Black Stone Minerals LP (BSM) is currently considered Fairly Valued. The stock's GF Value™ is $13.85, compared to a current price of $14.16 — trading 2.2% above its estimated fair value. The current Net Margin % is 10.71%, which is 77% below median its 10-year median of 46.60 and 211.8% above the Oil & Gas industry median of 3.44. Black Stone Minerals LP's overall GF Score™ is 79/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Black Stone Minerals LP (BSM), the current Net Margin % is 10.71% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Black Stone Minerals LP (BSM) Overvalued in 2026?
Based on GuruFocus' analysis, Black Stone Minerals LP stock appears to be overvalued.
The current stock price of $14.16 is trading 2.2% above its estimated GF Value™ of $13.85.
GuruFocus considers Black Stone Minerals LP to be Fairly Valued.
Key valuation signals for BSM:
Net Margin %: 10.71% (77% below median its 10-year median of 46.60)
GF Value™: $13.85 vs. price of $14.16 (2.2% above fair value)
Industry Position: 211.8% above the Oil & Gas median (#30 of 916)
No single metric tells the full story. See the BSM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Black Stone Minerals LP is an oil and natural gas mineral company. It owns oil and natural gas mineral interests, which makes up the majority of its asset base. Its business is actively managing an existing portfolio of mineral and royalty assets to maximize its value and expanding asset base through acquisitions of additional mineral and royalty interests. The company owns mineral interests in approximately 16.9 million gross acres.
79GF Score
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