black hills corp. - BKH

BKH

Close Chg Chg %
69.45 -0.13 -0.19%

Closed Market

69.32

-0.13 (0.19%)

Volume: 456.67K

Last Updated:

Dec 26, 2025, 3:59 PM EDT

Company Overview: black hills corp. - BKH

BKH Key Data

Open

$69.73

Day Range

68.89 - 69.85

52 Week Range

54.92 - 74.02

Market Cap

$5.24B

Shares Outstanding

75.47M

Public Float

75.09M

Beta

0.73

Rev. Per Employee

N/A

P/E Ratio

17.53

EPS

$3.97

Yield

389.34%

Dividend

$0.68

EX-DIVIDEND DATE

Nov 17, 2025

SHORT INTEREST

N/A

AVERAGE VOLUME

1.04M

 

BKH Performance

1 Week
 
2.68%
 
1 Month
 
-6.07%
 
3 Months
 
13.79%
 
1 Year
 
18.38%
 
5 Years
 
12.79%
 

BKH Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 4
Full Ratings ➔

About black hills corp. - BKH

Black Hills Corp. is a diversified energy company. It operates through the following segments: Electric Utilities, Gas Utilities, and Corporate and Other. The Electric Utilities segment generates, transmits, and distributes electricity in Colorado, Montana, South Dakota, and Wyoming. The Gas Utilities segment provides natural gas in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming. The Corporate and Other segment covers certain unallocated corporate expenses. The company was founded in 1883 and is headquartered in Rapid City, SD.

BKH At a Glance

Black Hills Corp.
7001 Mount Rushmore Road
Rapid City, South Dakota 57702
Phone 1-605-721-1700 Revenue 2.13B
Industry Gas Distributors Net Income 273.10M
Sector Utilities Employees 2,841
Fiscal Year-end 12 / 2025
View SEC Filings

BKH Valuation

P/E Current 17.529
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 14.978
Price to Sales Ratio 1.923
Price to Book Ratio 1.197
Price to Cash Flow Ratio 5.69
Enterprise Value to EBITDA 10.999
Enterprise Value to Sales 4.011
Total Debt to Enterprise Value 0.514

BKH Efficiency

Revenue/Employee 748,926.434
Income Per Employee 96,128.124
Receivables Turnover 5.735
Total Asset Turnover 0.213

BKH Liquidity

Current Ratio 0.972
Quick Ratio 0.771
Cash Ratio 0.031

BKH Profitability

Gross Margin 26.935
Operating Margin 23.777
Pretax Margin 15.04
Net Margin 12.835
Return on Assets 2.73
Return on Equity 8.132
Return on Total Capital 3.463
Return on Invested Capital 3.698

BKH Capital Structure

Total Debt to Total Equity 125.203
Total Debt to Total Capital 55.596
Total Debt to Total Assets 42.212
Long-Term Debt to Equity 121.382
Long-Term Debt to Total Capital 53.899
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Black Hills Corp. - BKH

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
1.95B 2.55B 2.33B 2.13B
Sales Growth
+14.86% +30.92% -8.64% -8.73%
Cost of Goods Sold (COGS) incl D&A
1.48B 2.03B 1.78B 1.55B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
235.95M 250.91M 256.80M 270.10M
Depreciation
234.78M 249.73M 255.60M 269.00M
Amortization of Intangibles
1.17M 1.18M 1.20M 1.10M
COGS Growth
+22.30% +36.91% -12.17% -12.88%
Gross Income
465.02M 520.02M 546.80M 573.10M
Gross Income Growth
-3.82% +11.83% +5.15% +4.81%
Gross Profit Margin
+23.86% +20.38% +23.45% +26.94%
2021 2022 2023 2024 5-year trend
SG&A Expense
- - - -
-
Research & Development
- - - -
-
Other SG&A
- - - -
-
SGA Growth
- - - -
-
Other Operating Expense
60.10M 66.68M 66.90M 67.20M
Unusual Expense
(2.46M) 797.00K 4.20M (700.00K)
EBIT after Unusual Expense
407.38M 452.54M 475.70M 506.60M
Non Operating Income/Expense
2.31M 3.16M 3.00M 5.70M
Non-Operating Interest Income
1.71M 1.59M 12.10M 13.50M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
151.26M 159.73M 177.10M 192.30M
Interest Expense Growth
+6.46% +5.60% +10.87% +8.58%
Gross Interest Expense
151.26M 159.73M 177.10M 192.30M
Interest Capitalized
- - - -
-
Pretax Income
258.43M 295.96M 301.60M 320.00M
Pretax Income Growth
-6.26% +14.52% +1.90% +6.10%
Pretax Margin
+13.26% +11.60% +12.94% +15.04%
Income Tax
7.17M 25.20M 25.60M 36.30M
Income Tax - Current - Domestic
(92.00K) (387.00K) 200.00K (15.70M)
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
7.26M 25.59M 25.40M 52.00M
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
251.26M 270.76M 276.00M 283.70M
Minority Interest Expense
14.52M 12.37M 13.80M 10.60M
Net Income
236.74M 258.39M 262.20M 273.10M
Net Income Growth
+4.01% +9.14% +1.48% +4.16%
Net Margin Growth
+12.15% +10.13% +11.25% +12.84%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
236.74M 258.39M 262.20M 273.10M
Preferred Dividends
- - - -
-
Net Income Available to Common
236.74M 258.39M 262.20M 273.10M
EPS (Basic)
3.7448 3.9839 3.9134 3.9126
EPS (Basic) Growth
+2.63% +6.38% -1.77% -0.02%
Basic Shares Outstanding
63.22M 64.86M 67.00M 69.80M
EPS (Diluted)
3.7386 3.9739 3.9076 3.907
EPS (Diluted) Growth
+2.56% +6.29% -1.67% -0.02%
Diluted Shares Outstanding
63.33M 65.02M 67.10M 69.90M
EBITDA
640.88M 704.24M 736.70M 776.00M
EBITDA Growth
-1.64% +9.89% +4.61% +5.33%
EBITDA Margin
+32.88% +27.60% +31.60% +36.47%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 74.667
Number of Ratings 4 Current Quarters Estimate 1.445
FY Report Date 12 / 2025 Current Year's Estimate 4.108
Last Quarter’s Earnings 0.45 Median PE on CY Estimate N/A
Year Ago Earnings 3.91 Next Fiscal Year Estimate 4.332
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 2 2 3 3
Mean Estimate 1.45 2.09 4.11 4.33
High Estimates 1.48 2.17 4.12 4.35
Low Estimate 1.41 2.00 4.09 4.31
Coefficient of Variance 3.43 5.77 0.42 0.47

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 2 2 2
OVERWEIGHT 0 0 0
HOLD 1 1 2
UNDERWEIGHT 1 1 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Black Hills Corp. - BKH

Date Name Shares Transaction Value
Aug 22, 2025 Donald Lee Jr Redden CITO 5,268 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 21, 2025 Tony A. Jensen Director 13,466 Discretionary transaction in accordance with Rule 16b-3(f) resulting in acq or disposition of issuer shs 0.00
Feb 21, 2025 Tony A. Jensen Director 4,034 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 21, 2025 Linden R. Evans President and CEO 165,951 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $60.1 per share 9,973,655.10
Feb 21, 2025 Linden R. Evans President and CEO 165,007 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $60.1 per share 9,916,920.70
Feb 21, 2025 Teresa Ann Taylor Director 9,226 Discretionary transaction in accordance with Rule 16b-3(f) resulting in acq or disposition of issuer shs 0.00
Feb 21, 2025 Teresa Ann Taylor Director 9,856 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 21, 2025 Kimberly F. Nooney SVP & CFO 49,228 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $60.1 per share 2,958,602.80
Feb 21, 2025 Kimberly F. Nooney SVP & CFO 49,121 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $60.1 per share 2,952,172.10
Feb 21, 2025 Keller D. Erik Sr VP Chief Info Officer 10,565 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $60.1 per share 634,956.50
Feb 21, 2025 Keller D. Erik Sr VP Chief Info Officer 10,444 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $60.1 per share 627,684.40
Feb 21, 2025 Marne M. Jones SVP - Utilities 35,966 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $60.1 per share 2,161,556.60
Feb 21, 2025 Marne M. Jones SVP - Utilities 35,858 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $60.1 per share 2,155,065.80

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