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Side-by-side financial comparison of Black Stone Minerals, L.P. (BSM) and PARK NATIONAL CORP (PRK). Click either name above to swap in a different company.
PARK NATIONAL CORP is the larger business by last-quarter revenue ($168.3M vs $95.2M, roughly 1.8× Black Stone Minerals, L.P.). Black Stone Minerals, L.P. runs the higher net margin — 75.9% vs 25.3%, a 50.5% gap on every dollar of revenue. On growth, PARK NATIONAL CORP posted the faster year-over-year revenue change (2.2% vs -8.7%). Over the past eight quarters, PARK NATIONAL CORP's revenue compounded faster (4.9% CAGR vs -9.7%).
Black Stone Minerals, L.P., or Black Stone Minerals, is a Houston, Texas-based oil and natural gas corporation.
National Retail Systems, Inc. (NRS) includes Keystone Freight Corp. & National Retail Transportation, Inc. (NRT). NRS is an asset based 3PL founded in 1952. It is headquartered in Lyndhurst, New Jersey, United States.
BSM vs PRK — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $95.2M | $168.3M |
| Net Profit | $72.2M | $42.6M |
| Gross Margin | — | — |
| Operating Margin | 78.6% | — |
| Net Margin | 75.9% | 25.3% |
| Revenue YoY | -8.7% | 2.2% |
| Net Profit YoY | 55.8% | 10.4% |
| EPS (diluted) | — | $2.62 |
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 | $168.3M | ||
| Q3 25 | $105.2M | $169.5M | ||
| Q2 25 | $106.7M | $168.7M | ||
| Q1 25 | $115.3M | $157.9M | ||
| Q4 24 | $104.3M | $164.7M | ||
| Q3 24 | $103.2M | $170.3M | ||
| Q2 24 | $115.2M | $157.7M | ||
| Q1 24 | $116.8M | $152.8M |
| Q4 25 | $72.2M | $42.6M | ||
| Q3 25 | $91.7M | $47.2M | ||
| Q2 25 | $120.0M | $48.1M | ||
| Q1 25 | $15.9M | $42.2M | ||
| Q4 24 | $46.3M | $38.6M | ||
| Q3 24 | $92.7M | $38.2M | ||
| Q2 24 | $68.3M | $39.4M | ||
| Q1 24 | $63.9M | $35.2M |
| Q4 25 | 78.6% | — | ||
| Q3 25 | 89.5% | 34.3% | ||
| Q2 25 | — | 35.2% | ||
| Q1 25 | 14.9% | 32.4% | ||
| Q4 24 | 45.6% | — | ||
| Q3 24 | 90.2% | 27.4% | ||
| Q2 24 | 59.5% | 30.6% | ||
| Q1 24 | 54.8% | 27.8% |
| Q4 25 | 75.9% | 25.3% | ||
| Q3 25 | 87.2% | 27.8% | ||
| Q2 25 | 112.5% | 28.5% | ||
| Q1 25 | 13.8% | 26.7% | ||
| Q4 24 | 44.4% | 23.5% | ||
| Q3 24 | 89.9% | 22.4% | ||
| Q2 24 | 59.3% | 25.0% | ||
| Q1 24 | 54.7% | 23.0% |
| Q4 25 | — | $2.62 | ||
| Q3 25 | — | $2.92 | ||
| Q2 25 | — | $2.97 | ||
| Q1 25 | — | $2.60 | ||
| Q4 24 | — | $2.38 | ||
| Q3 24 | — | $2.35 | ||
| Q2 24 | — | $2.42 | ||
| Q1 24 | — | $2.17 |
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 | $233.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $1.4B |
| Total Assets | $1.3B | $9.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.5M | $233.5M | ||
| Q3 25 | $2.9M | $218.9M | ||
| Q2 25 | $2.5M | $193.1M | ||
| Q1 25 | $2.4M | $237.6M | ||
| Q4 24 | $2.5M | $160.6M | ||
| Q3 24 | $21.0M | $201.7M | ||
| Q2 24 | $26.7M | $261.5M | ||
| Q1 24 | $40.5M | $306.1M |
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $1.3B | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | — | $1.2B |
| Q4 25 | $1.3B | $9.8B | ||
| Q3 25 | $1.3B | $9.9B | ||
| Q2 25 | $1.3B | $9.9B | ||
| Q1 25 | $1.2B | $9.9B | ||
| Q4 24 | $1.2B | $9.8B | ||
| Q3 24 | $1.2B | $9.9B | ||
| Q2 24 | $1.2B | $9.9B | ||
| Q1 24 | $1.2B | $9.9B |
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 | $198.3M |
| Free Cash FlowOCF − Capex | — | $191.9M |
| FCF MarginFCF / Revenue | — | 114.1% |
| Capex IntensityCapex / Revenue | — | 3.8% |
| Cash ConversionOCF / Net Profit | 0.90× | 4.65× |
| TTM Free Cash FlowTrailing 4 quarters | — | $328.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $65.1M | $198.3M | ||
| Q3 25 | $99.8M | $52.6M | ||
| Q2 25 | $80.5M | $49.7M | ||
| Q1 25 | $64.8M | $37.9M | ||
| Q4 24 | $91.0M | $178.8M | ||
| Q3 24 | $93.2M | $43.8M | ||
| Q2 24 | $100.4M | $50.9M | ||
| Q1 24 | $104.5M | $35.0M |
| Q4 25 | — | $191.9M | ||
| Q3 25 | — | $51.1M | ||
| Q2 25 | — | $48.4M | ||
| Q1 25 | — | $36.8M | ||
| Q4 24 | — | $169.7M | ||
| Q3 24 | — | $41.7M | ||
| Q2 24 | — | $49.0M | ||
| Q1 24 | — | $31.9M |
| Q4 25 | — | 114.1% | ||
| Q3 25 | — | 30.1% | ||
| Q2 25 | — | 28.7% | ||
| Q1 25 | — | 23.3% | ||
| Q4 24 | — | 103.0% | ||
| Q3 24 | — | 24.5% | ||
| Q2 24 | — | 31.1% | ||
| Q1 24 | — | 20.8% |
| Q4 25 | — | 3.8% | ||
| Q3 25 | — | 0.9% | ||
| Q2 25 | — | 0.8% | ||
| Q1 25 | — | 0.7% | ||
| Q4 24 | — | 5.6% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | — | 1.2% | ||
| Q1 24 | — | 2.1% |
| Q4 25 | 0.90× | 4.65× | ||
| Q3 25 | 1.09× | 1.11× | ||
| Q2 25 | 0.67× | 1.03× | ||
| Q1 25 | 4.07× | 0.90× | ||
| Q4 24 | 1.96× | 4.63× | ||
| Q3 24 | 1.01× | 1.14× | ||
| Q2 24 | 1.47× | 1.29× | ||
| Q1 24 | 1.63× | 0.99× |
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% |
PRK
Segment breakdown not available.
