Black Stone Minerals, L.P.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $469.9M | $433.7M | $592.2M | $663.6M | $359.3M | $342.8M | $487.8M | $609.6M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $55.5M | $52.1M | $51.5M | $53.7M | $48.7M | $43.0M | $63.4M | $76.7M |
| Operating Income | $308.4M | $273.1M | $423.6M | $482.5M | $187.3M | $132.1M | $235.2M | $318.4M |
| Operating Margin | 65.6% | 63.0% | 71.5% | 72.7% | 52.1% | 38.5% | 48.2% | 52.2% |
| Interest Expense | — | — | $2.8M | $6.3M | $5.6M | $10.4M | $21.4M | $20.8M |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | — | — | — | — | — | — | — | — |
| Net Income | $299.9M | $271.3M | $422.5M | $476.5M | $182.0M | $121.8M | $214.4M | $295.6M |
| Net Margin | 63.8% | 62.6% | 71.4% | 71.8% | 50.7% | 35.5% | 43.9% | 48.5% |
| EPS (Basic) | — | — | — | — | — | — | — | — |
| EPS (Diluted) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Basic) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Diluted) | — | — | — | — | — | — | — | — |
| Dividends Per Share | — | — | — | — | — | — | — | — |