Black Hills Corporation (BKH)
NYSE: BKH · Real-Time Price · USD
73.51
-0.78 (-1.05%)
At close: Mar 6, 2026, 4:00 PM EST
73.50
-0.01 (-0.01%)
After-hours: Mar 6, 2026, 4:18 PM EST

Black Hills Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 2020 - 2016
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 2020 - 2016
Revenue
2,3102,1282,3312,5521,949
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Revenue Growth (YoY)
8.57%-8.73%-8.64%30.92%14.86%
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Fuel & Purchased Power
831.5730.3982.91,231741.9
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Operations & Maintenance
578546.4545539.8492
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Depreciation & Amortization
283.8270.1256.8250.9236
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Other Operating Expenses
8481.878.375.769.1
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Total Operating Expenses
1,7771,6291,8632,0971,539
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Operating Income
532.7499.1468.3454.8410.1
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Interest Expense
-194-186.5-174-157-150
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Interest Income
6.813.512.11.61.7
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Net Interest Expense
-187.2-173-161.9-155.4-148.3
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Allowance for Equity Funds for Construction
-10.7-4-0.4-0.6-0.6
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Allowance for Borrowed Funds for Construction
-12.9-8.7-6-5.6-4.1
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Other Non-Operating Income (Expenses)
21.66.61.62.81.3
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EBT Excluding Unusual Items
343.5320301.6296258.4
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Pretax Income
343.5320301.6296258.4
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Income Tax Expense
43.736.325.625.27.2
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Earnings From Continuing Ops.
299.8283.7276270.8251.2
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Net Income to Company
299.8283.7276270.8251.2
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Minority Interest in Earnings
-8.2-10.6-13.8-12.4-14.5
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Net Income
291.6273.1262.2258.4236.7
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Net Income to Common
291.6273.1262.2258.4236.7
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Net Income Growth
6.77%4.16%1.47%9.17%4.00%
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Shares Outstanding (Basic)
7370676563
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Shares Outstanding (Diluted)
7370676563
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Shares Change (YoY)
4.72%4.17%3.23%2.69%1.38%
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EPS (Basic)
3.993.913.913.983.75
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EPS (Diluted)
3.983.913.913.973.74
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EPS Growth
1.79%--1.51%6.15%2.50%
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Free Cash Flow
-146.4-24.9388.8-19.6-742.1
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Free Cash Flow Per Share
-2.00-0.365.79-0.30-11.72
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Dividend Per Share
2.7042.6002.5002.4102.320
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Dividend Growth
4.00%4.00%3.73%3.88%6.91%
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Profit Margin
12.62%12.83%11.25%10.13%12.14%
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Free Cash Flow Margin
-6.34%-1.17%16.68%-0.77%-38.07%
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EBITDA
816.5769.2725.1705.7646.1
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EBITDA Margin
35.35%36.15%31.10%27.66%33.15%
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D&A For EBITDA
283.8270.1256.8250.9236
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EBIT
532.7499.1468.3454.8410.1
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EBIT Margin
23.06%23.46%20.09%17.82%21.04%
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Effective Tax Rate
12.72%11.34%8.49%8.51%2.79%
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Source: S&P Capital IQ. Utility template. Financial Sources.