Company / Operating Margin
Black Stone Minerals, L.P. Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
65.6%
FY2025
5-year range
52.1% / 72.7%
FY2021-FY2025
Trend
+4.2%
vs FY2024
Sector context
#2 of 80
Energy
What the data says
Among 80 Energy companies, Black Stone Minerals, L.P. is in the top 2% for operating margin. Operating Margin returned to growth in FY2025 after 2 years of decline, reaching 65.6%.
Based on SEC 10-K filings.
65.6% in FY2025 with a 5-year CAGR of +27.1%. Ranks 2nd among 80 companies in Energy.
Declined from 71.5% to 65.6% over the past 2 years.
Energy sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- -7.1pp
- 5-Year Change
- +27.1pp
- 10-Year Change
- -
Sector benchmark
Top 2% in EnergyTop 2% of 80This company 65.6% Sector average 15.5%
▼
+323.4% above sector average
Key checks
Key Insights
- In FY2025, operating margin increased 4.2% year-over-year.
- Currently 50.1pp above the Energy sector average.
- Peak operating margin was recorded in FY2022.
- Lowest operating margin in the period was in FY2016.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 65.6% | +4.2% |
| FY2024 | 63.0% | -12.0% |
| FY2023 | 71.5% | -1.6% |
| FY2022 | 72.7% | +39.5% |
| FY2021 | 52.1% | +35.3% |
| FY2020 | 38.5% | -20.1% |
| FY2019 | 48.2% | -7.7% |
| FY2018 | 52.2% | +30.4% |
| FY2017 | 40.1% | +280.3% |
| FY2016 | 10.5% | +143.2% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026