BKH — BLACK HILLS CORP /SD/

NYSE · Utilities · Electric Utilities · CIK 1130464 ·
Last close
$72.04
Market Cap
$5.48B
52W High
$77.95
52W Low
$66.81
ADV30
1,071,852
Next earnings
2026-07-29
Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. The company operates through the Electric Utilities and Gas Utilities segments. The Electric Utilities segment engages in the generation, transmission, and distribution of electricity to electric utility customers in Colorado, Montana, South Dakota, and Wyoming; ownership and operation of 1,386 megawatts of generation capacity, and 9,478 miles of electric transmission and distribution lines; sale of excess power to other utilities and marketing companies; and ownership and operation of non-regulated power generation and mining assets. Its Gas Utilities segment is involved in the distribution of natural gas to approximately 1,138,000 natural gas utility customers in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming; ownership and operation of 4,581 miles of intrastate gas transmission pipelines; 44,840 miles of gas distribution mains and service lines; seven natural gas storage sites; and approximately 50,000 horsepower of compression and 494 miles of gathering lines. The company also provides non-regulated services to its retail customers, including Service Guard Comfort Plan, which provides home appliance repair services through on-going monthly service agreements to residential utility customers; Tech Services, which include construction and maintenance of customer-owned gas infrastructure facilities, as well as electrical system construction services; and HomeServe, which are additional home repair service plans for natural gas residential customers. In addition, the company produces electric power through wind, natural gas, and coal-fired generating plants, as well as coal at its coal mine located near Gillette, Wyoming. Black Hills Corporation was incorporated in 1941 and is headquartered in Rapid City, South Dakota.

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGrossProfit OpIncomeNetIncomeAssets CashLiabilities
Mar 2026 780,700,000 294,800,000 201,900,000 131,000,000 10,820,000,000 23,600,000 6,793,100,000
Dec 2025 635,500,000 262,100,000 171,400,000 105,000,000 10,869,800,000 182,800,000 6,964,100,000
Sep 2025 430,200,000 167,400,000 78,700,000 24,900,000 10,329,000,000 21,100,000 6,478,100,000
Jun 2025 439,000,000 167,400,000 82,500,000 27,500,000 10,091,600,000 8,100,000 6,372,200,000

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$673,400,000
Investing CF
$-828,200,000
Financing CF
$321,800,000
CapEx
$-819,800,000
Dividends Paid
$-197,900,000
Buybacks
EPS Diluted TTM
$3.98
As of
2026-05-10

Balance + Analyst (yfinance extras)

Retained Earnings
$1,342,900,000
Inventory
$172,400,000
Receivables
$412,300,000
ST Investments
EBIT TTM
$550,300,000
Pretax Income TTM
$343,500,000
Interest Exp TTM
$206,800,000
Analysts
5

Yahoo Snapshot (yfinance, live)

Total Revenue
$2,285,499,904
EBITDA
$819,000,000
Free Cash Flow
$-487,224,992
Enterprise Value
$10,309,012,480
Total Cash
$23,600,000
Total Debt
$4,654,700,032
Shares Out
76,128,118
Trailing EPS
$3.84
Book Value
$51.83
ROE
7.7%
ROA
3.2%
Div Yield
3.81%

Annual Trend (SEC EDGAR, last 4y)

Revenues vs Net Income (last 4y)

FY endRevenuesOpIncome NetIncomeAssetsLiabilities EquityOCF
Dec 2025 2,310,000,000 537,500,000 291,600,000 10,869,800,000 6,964,100,000 673,400,000
Dec 2024 2,127,700,000 503,100,000 273,100,000 10,022,600,000 6,437,400,000 719,300,000
Dec 2023 2,331,300,000 472,700,000 262,200,000 9,620,400,000 6,314,600,000 944,400,000
Dec 2022 2,551,800,000 455,200,000 258,400,000 9,618,200,000 6,528,300,000 584,800,000

TTM Snapshot

Revenues TTM
$1,374,707,000
NetIncome TTM
$109,085,000
OpCashFlow TTM
$0
Assets (Latest)
$9,131,896,000
Forward EPS
$4.61

Max Pain — expiry 2026-11-20 (volume-derived — Yahoo OI feed degraded)

max pain strike: $65.00 · spot: $72.04 · call volume: 25 · put volume: 66
Expected Move to 2026-11-20: ±$10.59 (14.70%) — implied range $61.45$82.63 · ATM straddle on $70.00 strike

Peers — same industry

TickerNameMarket CapLastDaily %
BEPC Brookfield Renewable Corp $5.31B $35.98
POR PORTLAND GENERAL ELECTRIC CO /OR/ $5.76B $49.80
UELMO UNION ELECTRIC CO $6.13B $60.00
TXNM TXNM ENERGY INC $6.25B $56.45
UEPEN UNION ELECTRIC CO $6.31B $61.80

News headlines (Yahoo Finance, 1h cache)

BofA Sees Strategic Value in Black Hills (BKH)-NorthWestern (NWE) Combination
2026-06-15 19:14 · Yahoo
Black Hills (BKH) Stock Valuation Check As Narrative And DCF Signals Diverge
2026-06-14 05:10 · Yahoo
Black Hills Corp. Requests Rate Review in Colorado
2026-06-12 20:16 · Yahoo
The 127-Gigawatt Problem: Why AI Needs Its Own Power
2026-06-12 15:25 · Yahoo
Sector Update: Energy Stocks Fall Late Afternoon
2026-06-11 19:55 · Yahoo
Here Are Thursday’s Best Wall Street Analyst Research Calls: Callaway Golf, Chewy, CME Group, Danaher, General Dynamics, Intel, SpaceX, Rocket Lab, Toast, and More
2026-06-11 12:04 · Yahoo
Black Hills Corp. Provides an Update on 1.8-Gigawatt Project in Cheyenne
2026-06-10 12:45 · Yahoo
Google Upsizes Equity Offering To Fund AI To $84.75 Billion
2026-06-02 21:37 · Yahoo
After Next Era’s Dominion Purchase, Are These High-Yield Dividend Utilities Next?
2026-05-19 11:44 · Yahoo
Earnings Report: Black Hills Corporation Missed Revenue Estimates By 14%
2026-05-11 10:31 · Yahoo

Recent Insider Activity

No insider activity indexed for this ticker.