← BLACK HILLS CORP /SD/ BKH
Market Price
$74.30
Market Cap
$5.63B
P/E Ratio
18.67
Revenue (FY 2025)
↑9.0% YoY
$2.29B
3-Yr CAGR: -3.5%
Net Income
↑6.8% YoY
$291.60M
Net Margin: 12.8%
Free Cash Flow
↓-488.0% YoY
-$146.40M
FCF Yield: -2.60%
EPS (Diluted)
↑1.8% YoY
$3.98
Basic: $3.99
Return on Equity
Efficiency
7.6%
ROA: 29.3%
📊 Multi-Year Historical Performance & Trends
Financial Performance History
Revenue, Net Income & Free Cash Flow
Margins Trend (%)
Gross, Operating & Net Margins
Balance Sheet Strength
Cash, Debt & Equity
Cash Flow Generation
Operating Cash Flow vs CapEx vs FCF
📈 Year-over-Year (YoY) Growth History (BKH)
All monetary values in millions ($M)| Fiscal Year | Revenue | Revenue YoY | Gross Profit | Net Income | Net Inc YoY | Diluted EPS | EPS YoY | Op. Cash Flow | Free Cash Flow | FCF YoY |
|---|---|---|---|---|---|---|---|---|---|---|
| FY 2016 | $1,573.0M | — | $1,437.6M | $73.0M | — | $1.37 | — | $320.5M | $-154.3M | — |
| FY 2017 | $1,680.3M | +6.8% | $1,542.1M | $177.0M | +142.6% | $3.21 | +134.3% | $428.3M | $102.3M | +166.3% |
| FY 2018 | $1,748.5M | +4.1% | $1,606.9M | $258.4M | +46.0% | $4.66 | +45.2% | $488.8M | $31.3M | -69.4% |
| FY 2019 | $1,726.4M | -1.3% | $1,588.7M | $199.3M | -22.9% | $3.28 | -29.6% | $505.5M | $-312.9M | -1,100.0% |
| FY 2020 | $1,680.8M | -2.6% | $1,537.3M | $227.6M | +14.2% | $3.65 | +11.3% | $541.9M | $-225.5M | +27.9% |
| FY 2021 | $1,930.8M | +14.9% | $1,778.4M | $236.7M | +4.0% | $3.74 | +2.5% | $-64.6M | $-742.1M | -229.0% |
| FY 2022 | $2,542.9M | +31.7% | $2,381.9M | $258.4M | +9.1% | $3.97 | +6.1% | $584.8M | $-19.6M | +97.4% |
| FY 2023 | $2,301.7M | -9.5% | $2,133.8M | $262.2M | +1.5% | $3.91 | -1.5% | $944.4M | $388.8M | +2,087.3% |
| FY 2024 | $2,098.0M | -8.8% | $1,916.3M | $273.1M | +4.2% | $3.91 | 0.0% | $719.3M | $-24.9M | -106.4% |
| FY 2025 | $2,286.2M | +9.0% | $2,086.1M | $291.6M | +6.8% | $3.98 | +1.8% | $673.4M | $-146.4M | -488.0% |
Valuation
Market Price
$74.30
Market Cap
$5.63B
Enterprise Value
$10.15B
P/E Ratio
18.67
P/B Ratio
1.48
FCF Yield
-2.60%
Dividend Yield
N/A
Shares Outstanding
Profitability & Margins
Gross Margin
91.25%
Operating Margin
23.51%
Net Margin
12.75%
Return on Equity (ROE)
7.63%
Return on Assets (ROA)
29.28%
Asset Turnover
2.30x
Revenue 3-Yr CAGR
-3.48%
Financial Health & Liquidity
Current Ratio
3.09
Cash Ratio
0.57
Debt / Equity
1.229
Debt / Assets
4.720
Cash & Equivalents
$182.80M
Total Debt
$4.70B
Book Value / Share
$50.23
Cash Flow Efficiency
Operating Cash Flow
$673.40M
Capital Expenditures (CapEx)
$819.80M
Free Cash Flow
-$146.40M
OCF / Revenue
29.45%
FCF / Revenue
-6.40%
FCF 3-Yr CAGR
N/A
Per Share Metrics
EPS (Diluted)
$3.98
EPS (Basic)
$3.99
Dividends / Share
N/A
Book Value / Share
$50.23
EPS YoY Growth
1.79%
Balance Sheet (FY 2025)
Total Assets
$995.90M
Total Liabilities
$322.60M
Stockholders' Equity
$3.82B
Current Assets
$995.90M
Current Liabilities
$322.60M