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
Follow BKH
Alert me
Black Hills Corporation (BKH) P/E ratio
As of 2 November 2026, Black Hills Corporation (BKH) trades at a P/E ratio of 20.1×. Over the past ten years it has ranged from 0.0× (June 2016) to 202× (July 2016); the current reading is higher than 82% of that period. That is above the Utilities Regulated Gas industry median of 17.1× and in line with the Utilities sector median of 20.1×.
P/E ratio, daily
Embed this chart
Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 16.9× | 17.40% |
| FY2024 | 14.4× | 7.45% |
| FY2023 | 13.4× | (20.63%) |
| FY2022 | 16.9× | (4.91%) |
| FY2021 | 17.8× | 12.45% |
| FY2020 | 15.8× | (29.30%) |
| FY2019 | 22.3× | 78.25% |
| FY2018 | 12.5× | (23.85%) |
| FY2017 | 16.5× | (56.73%) |
| FY2016 | 38.0× | — |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 18.1× | 3.67% |
| Mar 2026 | 17.5× | 3.51% |
| Dec 2025 | 16.9× | 11.45% |
| Sep 2025 | 15.2× | 10.29% |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| SR Spire Inc. compare | 9.9× |
| SWX Southwest Gas Corporation compare | 12.2× |
| UGI UGI Corporation compare | 12.4× |
| NJR NewJersey Resources Corporation compare | 14.8× |
| OGS ONE Gas, Inc. compare | 17.1× |
| BKH Black Hills Corporation | 20.1× |
| MDU MDU Resources Group, Inc. compare | 20.9× |
| CPK Chesapeake Utilities Corporation compare | 22.1× |
| CTRI Centuri Holdings, Inc. compare | 69.2× |
| Utilities Regulated Gas industry median | 17.1× |
| Utilities sector median | 20.1× |
| Market median | 18.6× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)