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Black Hills Corporation
Black Hills Corporation Score & Ratio Trend
| Date | Score | P/E | P/B | D/E | Price |
|---|---|---|---|---|---|
| Oct 2026 | 18,760 | 19.2 | 1.47 | 1.12 | 7,348.45 |
| Oct 2026 | 18,737 | 19.2 | 1.48 | 1.12 | 7,306.92 |
| Oct 2026 | 19,228 | 19.5 | 1.49 | 1.12 | 7,355.85 |
| Oct 2026 | 19,288 | 19.3 | 1.48 | 1.12 | 7,256.84 |
| Oct 2026 | 19,329 | 19.3 | 1.47 | 1.12 | 7,204.69 |
| Oct 2026 | 19,273 | 19.3 | 1.48 | 1.12 | 7,258.01 |
| Oct 2026 | 19,290 | 19.2 | 1.48 | 1.12 | 7,243.97 |
| Oct 2026 | 19,207 | 19.5 | 1.50 | 1.12 | 7,351.11 |
| Oct 2026 | 19,132 | 19.8 | 1.52 | 1.12 | 7,429.43 |
| Oct 2026 | 19,137 | 20.0 | 1.53 | 1.12 | 7,486.14 |
| Oct 2026 | 19,143 | 20.0 | 1.54 | 1.12 | 7,526.65 |
Black Hills Corporation Quarterly Results
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 |
|---|---|---|---|---|
| Revenue | 452,800,000.0 | 780,700,000.0 | 635,500,000.0 | 430,200,000.0 |
| Net Profit | 38,200,000.0 | 131,000,000.0 | 105,000,000.0 | 24,900,000.0 |
| EPS | 0.5 | 1.7 | 1.4 | 0.3 |
Black Hills Corporation Revenue & Profit: Last 5 Years
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Revenue | 2,310,000,000.0 | 2,127,700,000.0 | 2,331,300,000.0 | 2,551,800,000.0 | — |
| Net Profit | 291,600,000.0 | 273,100,000.0 | 262,200,000.0 | 258,400,000.0 | — |
| EPS | 4.0 | 3.9 | 3.9 | 4.0 | — |
Black Hills Corporation Balance Sheet
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Total Assets | 10,869,800,000.0 | 10,022,600,000.0 | 9,620,400,000.0 | 9,618,200,000.0 | — |
| Total Liabilities | 6,964,100,000.0 | 6,437,400,000.0 | 6,314,600,000.0 | 6,528,300,000.0 | — |
| Total Equity | 3,823,600,000.0 | 3,501,500,000.0 | 3,215,300,000.0 | 2,994,900,000.0 | — |
Owes vs Owns
Black Hills Corporation owed $0.64 for every $1 it owned in Jun 2026, down from $0.68 in Dec 2022.
| Period | Jun 2026 | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|---|
| Owes vs Owns | 0.64× | 0.64× | 0.64× | 0.66× | 0.68× |
Everything the company owes ÷ everything it owns. Below 1× it owns more than it owes; above 1× it owes more than it owns.
Black Hills Corporation Assets & Liabilities Breakdown (USD millions)
What it owns — Dec 2025
Cash & short-term investments 1.7%Receivables 3.8%Inventory 1.6%Fixed assets (tangible) 75.8%Intangible assets 12.0%Other assets 5.2%
How it's funded — Dec 2025
Long-term debt 43.2%Payables 2.9%Other liabilities 18.0%Shareholders' equity 35.9%
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|
| Assets | ||||
| Cash & short-term investments | 182.8 | 16.1 | 86.6 | 21.4 |
| Receivables | 412.3 | 371.0 | 368.8 | 525.8 |
| Inventory | 172.4 | 153.9 | 160.9 | 207.4 |
| Fixed assets (tangible) | 8,234.2 | 7,629.9 | 7,119.3 | 6,797.9 |
| Intangible assets | 1,305.9 | 1,307.1 | 1,307.9 | 1,309.1 |
| Long-term investments | 0.0 | 0.0 | 0.0 | 0.0 |
| Other assets | 562.2 | 544.6 | 576.9 | 756.6 |
| Liabilities & equity | ||||
| Short-term debt | 0.0 | 133.8 | 600.0 | 1,060.6 |
| Long-term debt | 4,701.1 | 4,250.2 | 3,801.2 | 3,607.3 |
| Payables | 311.7 | 229.1 | 186.4 | 310.0 |
| Other liabilities | 1,951.3 | 1,824.3 | 1,727.0 | 1,550.4 |
| Shareholders' equity | 3,905.7 | 3,585.2 | 3,305.8 | 3,089.9 |
| Net tangible assets | 2,517.7 | 2,194.4 | 1,907.4 | 1,685.8 |
Black Hills Corporation Cash Flow
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Operating Activities | 673,400,000.0 | 719,300,000.0 | 944,400,000.0 | 584,800,000.0 | — |
| Investing Activities | -828,200,000.0 | -746,000,000.0 | -536,700,000.0 | -603,900,000.0 | — |
| Financing Activities | 321,800,000.0 | -42,900,000.0 | -341,700,000.0 | 32,300,000.0 | — |