Black Hills Corporation (BKH)

NYSE · Utilities · Utilities - Regulated Gas

$70.48−0.68%as of Oct 6, 2026, 4:35 AM ET

Market cap
$5.4B
P/E (trailing)
17.8
Forward P/E
15.3
Dividend yield
4.0%
52-week range
$59.91 – $78.69
52-week change
+15.91%
EPS (trailing)
$3.97
Analyst rating
1.5 Strong buy
Next earnings
Nov 4, 2026

Fiscal year to Dec 2025

Revenue
$2.3B (+8.57%)
Net income
$292M
Operating margin
23.3%
Diluted EPS
$3.98
Free cash flow
−$146M

From the company’s annual report on SEC EDGAR.

About Black Hills Corporation

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.

Headquarters: Rapid City, United States · 2,795 employees · ir.blackhillscorp.com