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Side-by-side financial comparison of Black Stone Minerals, L.P. (BSM) and InvenTrust Properties Corp. (IVT). Click either name above to swap in a different company.
Black Stone Minerals, L.P. is the larger business by last-quarter revenue ($95.2M vs $77.4M, roughly 1.2× InvenTrust Properties Corp.). Black Stone Minerals, L.P. runs the higher net margin — 75.9% vs 3.4%, a 72.4% gap on every dollar of revenue. On growth, InvenTrust Properties Corp. posted the faster year-over-year revenue change (8.6% vs -8.7%). Over the past eight quarters, InvenTrust Properties Corp.'s revenue compounded faster (7.6% CAGR vs -9.7%).
Black Stone Minerals, L.P., or Black Stone Minerals, is a Houston, Texas-based oil and natural gas corporation.
InvenTrust Properties Corp. is a real estate investment trust that invests in shopping malls. As of December 31, 2024, the company owned interests in 68 properties comprising 11.0 million square feet.
BSM vs IVT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $95.2M | $77.4M |
| Net Profit | $72.2M | $2.7M |
| Gross Margin | — | — |
| Operating Margin | 78.6% | -11.0% |
| Net Margin | 75.9% | 3.4% |
| Revenue YoY | -8.7% | 8.6% |
| Net Profit YoY | 55.8% | -72.8% |
| EPS (diluted) | — | $0.02 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $95.2M | $77.4M | ||
| Q3 25 | $105.2M | $74.5M | ||
| Q2 25 | $106.7M | $73.6M | ||
| Q1 25 | $115.3M | $73.8M | ||
| Q4 24 | $104.3M | $71.2M | ||
| Q3 24 | $103.2M | $68.5M | ||
| Q2 24 | $115.2M | $67.4M | ||
| Q1 24 | $116.8M | $66.8M |
| Q4 25 | $72.2M | $2.7M | ||
| Q3 25 | $91.7M | $6.0M | ||
| Q2 25 | $120.0M | $95.9M | ||
| Q1 25 | $15.9M | $6.8M | ||
| Q4 24 | $46.3M | $9.8M | ||
| Q3 24 | $92.7M | $-539.0K | ||
| Q2 24 | $68.3M | $1.5M | ||
| Q1 24 | $63.9M | $2.9M |
| Q4 25 | 78.6% | -11.0% | ||
| Q3 25 | 89.5% | -9.8% | ||
| Q2 25 | — | — | ||
| Q1 25 | 14.9% | -10.5% | ||
| Q4 24 | 45.6% | -3.6% | ||
| Q3 24 | 90.2% | -18.7% | ||
| Q2 24 | 59.5% | -13.6% | ||
| Q1 24 | 54.8% | -13.1% |
| Q4 25 | 75.9% | 3.4% | ||
| Q3 25 | 87.2% | 8.1% | ||
| Q2 25 | 112.5% | 130.4% | ||
| Q1 25 | 13.8% | 9.2% | ||
| Q4 24 | 44.4% | 13.8% | ||
| Q3 24 | 89.9% | -0.8% | ||
| Q2 24 | 59.3% | 2.2% | ||
| Q1 24 | 54.7% | 4.3% |
| Q4 25 | — | $0.02 | ||
| Q3 25 | — | $0.08 | ||
| Q2 25 | — | $1.23 | ||
| Q1 25 | — | $0.09 | ||
| Q4 24 | — | $0.14 | ||
| Q3 24 | — | $-0.01 | ||
| Q2 24 | — | $0.02 | ||
| Q1 24 | — | $0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.5M | — |
| Total DebtLower is stronger | — | $825.9M |
| Stockholders' EquityBook value | — | $1.8B |
| Total Assets | $1.3B | $2.8B |
| Debt / EquityLower = less leverage | — | 0.46× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.5M | — | ||
| Q3 25 | $2.9M | — | ||
| Q2 25 | $2.5M | — | ||
| Q1 25 | $2.4M | — | ||
| Q4 24 | $2.5M | — | ||
| Q3 24 | $21.0M | — | ||
| Q2 24 | $26.7M | — | ||
| Q1 24 | $40.5M | — |
| Q4 25 | — | $825.9M | ||
| Q3 25 | — | $764.6M | ||
| Q2 25 | — | $746.3M | ||
| Q1 25 | — | $740.7M | ||
| Q4 24 | — | $740.4M | ||
| Q3 24 | — | $740.1M | ||
| Q2 24 | — | $812.2M | ||
| Q1 24 | — | $827.5M |
| Q4 25 | — | $1.8B | ||
| Q3 25 | — | $1.8B | ||
| Q2 25 | — | $1.8B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | — | $1.8B | ||
| Q2 24 | — | $1.5B | ||
| Q1 24 | — | $1.5B |
| Q4 25 | $1.3B | $2.8B | ||
| Q3 25 | $1.3B | $2.7B | ||
| Q2 25 | $1.3B | $2.7B | ||
| Q1 25 | $1.2B | $2.6B | ||
| Q4 24 | $1.2B | $2.6B | ||
| Q3 24 | $1.2B | $2.6B | ||
| Q2 24 | $1.2B | $2.5B | ||
| Q1 24 | $1.2B | $2.5B |
| Q4 25 | — | 0.46× | ||
| Q3 25 | — | 0.42× | ||
| Q2 25 | — | 0.41× | ||
| Q1 25 | — | 0.42× | ||
| Q4 24 | — | 0.42× | ||
| Q3 24 | — | 0.42× | ||
| Q2 24 | — | 0.53× | ||
| Q1 24 | — | 0.53× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $65.1M | $155.4M |
| Free Cash FlowOCF − Capex | — | $110.9M |
| FCF MarginFCF / Revenue | — | 143.3% |
| Capex IntensityCapex / Revenue | — | 57.5% |
| Cash ConversionOCF / Net Profit | 0.90× | 58.41× |
| TTM Free Cash FlowTrailing 4 quarters | — | $193.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $65.1M | $155.4M | ||
| Q3 25 | $99.8M | $43.8M | ||
| Q2 25 | $80.5M | $48.7M | ||
| Q1 25 | $64.8M | $20.2M | ||
| Q4 24 | $91.0M | $136.9M | ||
| Q3 24 | $93.2M | $38.4M | ||
| Q2 24 | $100.4M | $46.7M | ||
| Q1 24 | $104.5M | $14.8M |
| Q4 25 | — | $110.9M | ||
| Q3 25 | — | $31.4M | ||
| Q2 25 | — | $38.0M | ||
| Q1 25 | — | $12.8M | ||
| Q4 24 | — | $100.8M | ||
| Q3 24 | — | $29.3M | ||
| Q2 24 | — | $37.2M | ||
| Q1 24 | — | $7.7M |
| Q4 25 | — | 143.3% | ||
| Q3 25 | — | 42.2% | ||
| Q2 25 | — | 51.6% | ||
| Q1 25 | — | 17.4% | ||
| Q4 24 | — | 141.5% | ||
| Q3 24 | — | 42.8% | ||
| Q2 24 | — | 55.2% | ||
| Q1 24 | — | 11.5% |
| Q4 25 | — | 57.5% | ||
| Q3 25 | — | 16.7% | ||
| Q2 25 | — | 14.6% | ||
| Q1 25 | — | 10.0% | ||
| Q4 24 | — | 50.7% | ||
| Q3 24 | — | 13.3% | ||
| Q2 24 | — | 14.0% | ||
| Q1 24 | — | 10.6% |
| Q4 25 | 0.90× | 58.41× | ||
| Q3 25 | 1.09× | 7.27× | ||
| Q2 25 | 0.67× | 0.51× | ||
| Q1 25 | 4.07× | 2.97× | ||
| Q4 24 | 1.96× | 13.97× | ||
| Q3 24 | 1.01× | — | ||
| Q2 24 | 1.47× | 31.15× | ||
| Q1 24 | 1.63× | 5.10× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BSM
| Oil Reserves | $46.4M | 49% |
| Natural Gas Reserves | $44.1M | 46% |
| Real Estate | $4.7M | 5% |
IVT
Segment breakdown not available.
