Black Stone Minerals LP (BSM) — Financial Flexibility Index

Latest as of June 2026: 0.40x

Black Stone Minerals LP (BSM) has a Financial Flexibility Index of 0.40x as of June 2026. Free cash flow of $99.81 Million (operating CF $92.97 Million minus capex $6.84 Million) represents 0% of total liabilities ($252.40 Million). Check Black Stone Minerals LP investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.40x
Free Cash Flow / Total Liabilities

Free Cash Flow

$99.81 Million
Operating CF − Capex

Total Liabilities

$252.40 Million
USD

Capital Expenditures

$6.84 Million
USD

Black Stone Minerals LP Financial Flexibility Index (2012–2025)

Historical Financial Flexibility Index trend for Black Stone Minerals LP across 14 annual periods. For the full cash flow conversion analysis, see BSM cash flow conversion.

Annual Financial Flexibility Index for Black Stone Minerals LP (2012–2025)

Year-by-year free cash flow to debt coverage for Black Stone Minerals LP. Explore Black Stone Minerals LP (BSM) cash flow to debt to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 1.55x $321.93 Million $310.17 Million $207.10 Million ▼ -64.6%
2024 4.40x $393.26 Million $389.04 Million $89.47 Million ▼ -59.8%
2023 10.92x $541.06 Million $521.25 Million $49.54 Million ▲ +52.9%
2022 7.14x $437.55 Million $424.98 Million $61.27 Million ▲ +384.7%
2021 1.47x $271.51 Million $256.88 Million $184.29 Million ▼ -4.9%
2020 1.55x $286.62 Million $281.81 Million $185.01 Million ▲ +32.6%
2019 1.17x $524.02 Million $412.72 Million $448.40 Million ▼ -6.3%
2018 1.25x $682.71 Million $385.38 Million $547.50 Million ▼ -20.9%
2017 1.58x $766.37 Million $281.85 Million $485.91 Million ▲ +52.0%
2016 1.04x $418.40 Million $196.66 Million $403.17 Million ▼ -61.0%
2015 2.66x $401.44 Million $284.74 Million $150.78 Million ▲ +164.0%
2014 1.01x $516.71 Million $396.12 Million $512.40 Million ▲ +10.6%
2013 0.91x $516.47 Million $320.76 Million $566.62 Million ▲ +16.2%
2012 0.78x $558.02 Million $358.00 Million $711.14 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities