black hills corp. - BKH
BKH
Close Chg Chg %
73.05 0.02 0.03%
Closed Market
73.07
+0.02 (0.03%)
Volume: 1.15M
Last Updated:
Feb 19, 2026, 3:59 PM EDT
Company Overview: black hills corp. - BKH
BKH Key Data
| Open $73.38 | Day Range 72.35 - 74.08 |
| 52 Week Range 54.92 - 75.83 | Market Cap $5.59B |
| Shares Outstanding 75.47M | Public Float 75.04M |
| Beta 0.73 | Rev. Per Employee N/A |
| P/E Ratio 18.34 | EPS $3.99 |
| Yield 370.06% | Dividend $0.70 |
| EX-DIVIDEND DATE Feb 17, 2026 | SHORT INTEREST N/A |
| AVERAGE VOLUME 1.16M |
BKH Performance
| 1 Week | -1.32% | ||
| 1 Month | -0.37% | ||
| 3 Months | 4.28% | ||
| 1 Year | 22.50% | ||
| 5 Years | 19.10% |
BKH Analyst Ratings
- Sell
- Under
- Hold
- Over
- Buy
Number of Ratings
5
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 | 2.31B | |
| Industry | Gas Distributors | Net Income | 291.60M | |
| Sector | Utilities | 2025 Sales Growth | 8.568% | |
| Fiscal Year-end | 12 / 2026 | Employees | 2,795 | |
| View SEC Filings |
BKH Valuation
| P/E Current | 18.468 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 17.426 |
| Price to Sales Ratio | 2.20 |
| Price to Book Ratio | 1.37 |
| Price to Cash Flow Ratio | 7.55 |
| Enterprise Value to EBITDA | 11.761 |
| Enterprise Value to Sales | 4.188 |
| Total Debt to Enterprise Value | 0.486 |
BKH Efficiency
| Revenue/Employee | 826,475.85 |
| Income Per Employee | 104,329.159 |
| Receivables Turnover | 5.344 |
| Total Asset Turnover | 0.214 |
BKH Liquidity
| Current Ratio | 1.346 |
| Quick Ratio | 1.113 |
| Cash Ratio | 0.257 |
BKH Profitability
| Gross Margin | 26.242 |
| Operating Margin | 23.268 |
| Pretax Margin | 14.87 |
| Net Margin | 12.623 |
| Return on Assets | 2.703 |
| Return on Equity | 7.962 |
| Return on Total Capital | 3.421 |
| Return on Invested Capital | N/A |
BKH Capital Structure
| Total Debt to Total Equity | N/A |
| Total Debt to Total Capital | 55.147 |
| Total Debt to Total Assets | 42.017 |
| Long-Term Debt to Equity | N/A |
| Long-Term Debt to Total Capital | 55.147 |
- Income Statement
- Balance Sheet
- Cash Flow Statement
Annual Financials for Black Hills Corp. - BKH
Collapse All in section
| All values USD millions. | 2022 | 2023 | 2024 | 2025 | 5-year trend |
|---|---|---|---|---|---|
Sales/Revenue
| 2.55B | 2.33B | 2.13B | 2.31B | |
Sales Growth
| +30.92% | -8.64% | -8.73% | +8.57% | |
Cost of Goods Sold (COGS) incl D&A
| 2.03B | 1.78B | 1.55B | 1.70B | |
COGS excluding D&A
| - | - | - | - | - |
Depreciation & Amortization Expense
| 250.91M | 256.80M | 270.10M | 283.80M | |
Depreciation
| 249.73M | 255.60M | 269.00M | 282.60M | |
Amortization of Intangibles
| 1.18M | 1.20M | 1.10M | 1.20M | |
COGS Growth
| +36.91% | -12.17% | -12.88% | +9.60% | |
Gross Income
| 520.02M | 546.80M | 573.10M | 606.20M | |
Gross Income Growth
| +11.83% | +5.15% | +4.81% | +5.78% | |
Gross Profit Margin
| +20.38% | +23.45% | +26.94% | +26.24% |
| 2022 | 2023 | 2024 | 2025 | 5-year trend | |
|---|---|---|---|---|---|
SG&A Expense
| - | - | - | - | - |
Research & Development
| - | - | - | - | - |
Other SG&A
| - | - | - | - | - |
SGA Growth
| - | - | - | - | - |
Other Operating Expense
| 66.68M | 66.90M | 67.20M | 67.40M | |
Unusual Expense
| 797.00K | 4.20M | (700.00K) | 300.00K | |
EBIT after Unusual Expense
| 452.54M | 475.70M | 506.60M | 538.50M | |
Non Operating Income/Expense
| 3.16M | 3.00M | 5.70M | 9.00M | |
Non-Operating Interest Income
| 1.59M | 12.10M | 13.50M | 6.80M | |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Interest Expense
| 159.73M | 177.10M | 192.30M | 204.00M | |
Interest Expense Growth
| +5.60% | +10.87% | +8.58% | +6.08% | |
Gross Interest Expense
| 159.73M | 177.10M | 192.30M | 216.90M | |
Interest Capitalized
| - | - | - | 12.90M | - |
Pretax Income
| 295.96M | 301.60M | 320.00M | 343.50M | |
Pretax Income Growth
| +14.52% | +1.90% | +6.10% | +7.34% | |
Pretax Margin
| +11.60% | +12.94% | +15.04% | +14.87% | |
Income Tax
| 25.20M | 25.60M | 36.30M | 43.70M | |
Income Tax - Current - Domestic
| (387.00K) | 200.00K | (15.70M) | (10.60M) | |
Income Tax - Current - Foreign
| - | - | - | - | - |
Income Tax - Deferred - Domestic
| 25.59M | 25.40M | 52.00M | 54.30M | |
Income Tax - Deferred - Foreign
| - | - | - | - | - |
Income Tax Credits
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Other After Tax Income (Expense)
| - | - | - | - | - |
Consolidated Net Income
| 270.76M | 276.00M | 283.70M | 299.80M | |
Minority Interest Expense
| 12.37M | 13.80M | 10.60M | 8.20M | |
Net Income
| 258.39M | 262.20M | 273.10M | 291.60M | |
Net Income Growth
| +9.14% | +1.48% | +4.16% | +6.77% | |
Net Margin Growth
| +10.13% | +11.25% | +12.84% | +12.62% | |
Extraordinaries & Discontinued Operations
| - | - | - | - | - |
Discontinued Operations
| - | - | - | - | - |
Net Income After Extraordinaries
| 258.39M | 262.20M | 273.10M | 291.60M | |
Preferred Dividends
| - | - | - | - | - |
Net Income Available to Common
| 258.39M | 262.20M | 273.10M | 291.60M | |
EPS (Basic)
| 3.9839 | 3.9134 | 3.9126 | 3.9945 | |
EPS (Basic) Growth
| +6.38% | -1.77% | -0.02% | +2.09% | |
Basic Shares Outstanding
| 64.86M | 67.00M | 69.80M | 73.00M | |
EPS (Diluted)
| 3.9739 | 3.9076 | 3.907 | 3.9836 | |
EPS (Diluted) Growth
| +6.29% | -1.67% | -0.02% | +1.96% | |
Diluted Shares Outstanding
| 65.02M | 67.10M | 69.90M | 73.20M | |
EBITDA
| 704.24M | 736.70M | 776.00M | 822.60M | |
EBITDA Growth
| +9.89% | +4.61% | +5.33% | +6.01% | |
EBITDA Margin
| +27.60% | +31.60% | +36.47% | +35.61% |
Snapshot
| Average Recommendation | OVERWEIGHT | Average Target Price | 80.333 | |
| Number of Ratings | 5 | Current Quarters Estimate | 2.01 | |
| FY Report Date | 03 / 2026 | Current Year's Estimate | 4.353 | |
| Last Quarter’s Earnings | 1.41 | Median PE on CY Estimate | N/A | |
| Year Ago Earnings | 4.10 | Next Fiscal Year Estimate | 4.60 | |
| Median PE on Next FY Estimate | N/A |
Earnings Per Share
| This Quarter | Next Quarter | This Fiscal | Next Fiscal | |
|---|---|---|---|---|
| # of Estimates | 3 | 3 | 4 | 4 |
| Mean Estimate | 2.01 | 0.51 | 4.35 | 4.60 |
| High Estimates | 2.19 | 0.75 | 4.38 | 4.66 |
| Low Estimate | 1.84 | 0.38 | 4.34 | 4.56 |
| Coefficient of Variance | 8.72 | 40.03 | 0.42 | 0.94 |
Analysts Recommendations
| Current | 1 Month Ago | 3 Months Ago | |
|---|---|---|---|
| BUY | 2 | 2 | 2 |
| OVERWEIGHT | 0 | 0 | 0 |
| HOLD | 2 | 1 | 1 |
| UNDERWEIGHT | 1 | 1 | 1 |
| SELL | 0 | 0 | 0 |
| MEAN | Overweight | Overweight | Overweight |
SEC Filings for Black Hills Corp. - BKH
| Filing Date | Type | Category | Amended |
|---|---|---|---|
| No results | |||
Insider Actions for Black Hills Corp. - BKH
| Date | Name | Shares | Transaction | Value |
|---|---|---|---|---|
| Feb 11, 2026 | Kimberly F. Nooney SVP & CFO | 37,868 | 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 $71.48 per share | 2,706,804.64 |
| Feb 11, 2026 | Donald Lee Jr Redden CITO | 6,910 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Feb 11, 2026 | Marne M. Jones SVP - Utilities | 38,167 | 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 $71.48 per share | 2,728,177.16 |
| Feb 11, 2026 | Marne M. Jones SVP - Utilities | 38,442 | 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 $71.48 per share | 2,747,834.16 |
| Feb 11, 2026 | Marne M. Jones SVP - Utilities | 38,547 | 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 $72.3 per share | 2,786,948.10 |
| Feb 11, 2026 | Marne M. Jones SVP - Utilities | 39,964 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Feb 11, 2026 | Darren T Nakata Chief Legal Officer | 7,495 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Feb 11, 2026 | Sarah Wiltse SVP and CHRO | 7,532 | 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 $72.3 per share | 544,563.60 |
| Feb 11, 2026 | Sarah Wiltse SVP and CHRO | 7,733 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Feb 11, 2026 | Kimberly F. Nooney SVP & CFO | 37,491 | 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 $71.48 per share | 2,679,856.68 |
| Feb 11, 2026 | Kimberly F. Nooney SVP & CFO | 38,119 | 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 $72.3 per share | 2,756,003.70 |
| Feb 11, 2026 | Kimberly F. Nooney SVP & CFO | 39,924 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Feb 11, 2026 | Linden R. Evans President and CEO | 169,604 | 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 $71.48 per share | 12,123,293.92 |
| Feb 11, 2026 | Linden R. Evans President and CEO | 170,986 | 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 $71.48 per share | 12,222,079.28 |
| Feb 11, 2026 | Linden R. Evans President and CEO | 172,064 | 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 $72.3 per share | 12,440,227.20 |
| Feb 11, 2026 | Linden R. Evans President and CEO | 173,689 | 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 | Teresa Ann Taylor Director | 9,856 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| 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 | 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 |