Black Hills Corporation

BKH Utilities Utilities Regulated Gas

Black Hills Corporation’s revenue for fiscal 2025 (year ended December 2025) was $2.3 billion, up 8.57% from fiscal 2024.

Revenue
+3.14%
EPS
+33.8%
Free cash flow
+24.1%
Total debt
+3.56%

Quarter to June 2026, against a year earlier

82.63 0.62 +0.76%
Market cap
$6.3B
P/E
20.1×
Fwd P/E
19.0×
Dividend yield
3.37%
F-score
6/9
Altman Z
1.01
Beneish M
−2.55
Dividend safety
39/100

Black Hills Corporation 10-K filed Feb 11, 2026

Fiscal year 2025 · Period ended Dec 31, 2025 · Filed · accepted 12:58 PM ET · Document on sec.gov · Filing index

What changed

Item 1, Business, against the 10-K filed Feb 12, 2025: 5 added · 7 removed · 11 modified; 17 with only figures updated; 1 moved without change

  1. Modified · History and Organization

    Black Hills Corporation, a South Dakota corporation (together with its subsidiaries, referred to herein as the “Company,” "BHC," “we,” “us”, or “our”), is a customer-focused, growth-oriented utility company headquartered in Rapid City, South Dakota (incorporated in South Dakota in 1941).