Black Hills Corporation
Statements
Ratios
Valuation ratios (P/E, P/S, EV/EBITDA and the other multiples) are based on the closing price at the end of each period, not on the current price. Margins and returns are shown in percent, multiples without a unit, per-share figures in the reporting currency, net debt in millions.
Tick rows to compare them in a chart (up to 4)
| Line item | Q3 16 | Q4 16 | Q1 17 | Q2 17 | Q3 17 | Q4 17 | Q1 18 | Q2 18 | Q3 18 | Q4 18 | Q1 19 | Q2 19 | Q3 19 | Q4 19 | Q1 20 | Q2 20 | Q3 20 | Q4 20 | Q1 21 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||||||||||||||||||||||||||||||||
| 80.9 | 45.7 | 33.4 | 28.5 | 26.4 | 18.6 | 12.6 | 14.3 | 14.3 | 14.2 | 19.4 | 21.4 | 21.6 | 24.2 | 21.0 | 18.2 | 15.3 | 16.9 | 18.1 | 17.6 | 16.4 | 19.1 | 19.3 | 17.7 | 17.1 | 17.8 | 16.4 | 16.4 | 13.4 | 14.0 | 13.5 | 13.6 | 16.9 | 15.3 | 15.6 | 14.3 | 15.8 | 17.9 | 18.2 | 18.9 | |
| 2.3 | 2.1 | 2.2 | 2.2 | 2.3 | 2.0 | 1.7 | 2.0 | 1.9 | 2.1 | 2.5 | 2.7 | 2.7 | 2.8 | 2.4 | 2.1 | 2.0 | 2.3 | 2.3 | 2.2 | 2.1 | 2.3 | 2.3 | 2.1 | 1.9 | 1.8 | 1.6 | 1.6 | 1.3 | 1.6 | 1.7 | 1.8 | 2.0 | 2.0 | 2.0 | 1.8 | 2.0 | 2.3 | 2.3 | 2.5 | |
| 2.0 | 2.1 | 2.2 | 2.2 | 2.3 | 1.9 | 1.6 | 1.8 | 1.8 | 1.7 | 2.0 | 2.0 | 2.0 | 2.0 | 1.6 | 1.4 | 1.3 | 1.5 | 1.6 | 1.6 | 1.5 | 1.6 | 1.7 | 1.6 | 1.5 | 1.5 | 1.3 | 1.3 | 1.1 | 1.1 | 1.1 | 1.1 | 1.3 | 1.2 | 1.2 | 1.1 | 1.2 | 1.4 | 1.3 | 1.4 | |
| 4.6 | 4.2 | 4.1 | 4.2 | 4.2 | 4.0 | 3.7 | 3.9 | 3.8 | 3.9 | 4.3 | 4.5 | 4.6 | 4.8 | 4.4 | 4.2 | 4.1 | 4.5 | 4.8 | 4.6 | 4.5 | 4.7 | 4.4 | 4.1 | 3.9 | 3.6 | 3.3 | 3.2 | 3.1 | 3.4 | 3.7 | 3.7 | 4.0 | 4.0 | 3.9 | 3.8 | 3.9 | 4.2 | 4.3 | 4.4 | |
| 18.4 | 15.9 | 14.0 | 13.3 | 13.1 | 10.9 | 10.2 | 10.8 | 11.0 | 11.4 | 12.4 | 13.2 | 13.7 | 14.0 | 12.6 | 11.7 | 11.0 | 11.8 | 13.4 | 13.3 | 12.9 | 14.0 | 13.7 | 13.1 | 13.0 | 13.0 | 12.1 | 11.9 | 10.7 | 10.8 | 10.5 | 10.3 | 11.3 | 10.9 | 10.8 | 10.4 | 10.9 | 11.8 | 11.9 | 13.0 | |
| – | – | – | – | 207.6 | 32.3 | 23.6 | 21.2 | 22.8 | 117.0 | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 66.5 | 22.9 | 11.9 | 9.4 | 15.8 | 22.5 | 47.9 | – | – | – | – | – | – | – | |
| -4.7% | -4.6% | -3.6% | -2.1% | 0.5% | 3.1% | 4.2% | 4.7% | 4.4% | 0.9% | -0.8% | -3.2% | -5.9% | -6.5% | -8.2% | -9.1% | -6.7% | -5.9% | -18.6% | -18.3% | -18.9% | -16.4% | -1.7% | -0.5% | -1.6% | -0.4% | 1.5% | 4.4% | 8.4% | 10.6% | 6.3% | 4.4% | 2.1% | -0.6% | -0.2% | -2.5% | -2.3% | -2.8% | -6.0% | -5.4% | |
| Margins | ||||||||||||||||||||||||||||||||||||||||
| 39.4% | 39.3% | 39.5% | 39.3% | 39.4% | 39.8% | 39.1% | 38.8% | 38.3% | 36.9% | 37.1% | 36.8% | 37.3% | 38.5% | 39.9% | 41.2% | 41.7% | 41.8% | 38.8% | 38.0% | 38.0% | 36.2% | 34.8% | 33.8% | 32.4% | 30.3% | 29.3% | 29.7% | 31.1% | 34.2% | 38.3% | 38.9% | 38.2% | 39.5% | 38.8% | 38.8% | 38.5% | 38.5% | 35.7% | 42.9% | |
| 11.7% | 14.2% | 17.9% | 19.8% | 21.0% | 25.4% | 24.8% | 24.6% | 24.0% | 22.6% | 23.0% | 22.4% | 22.7% | 23.4% | 23.8% | 24.7% | 25.1% | 25.2% | 23.1% | 22.5% | 22.5% | 21.0% | 20.8% | 20.1% | 18.9% | 17.8% | 17.2% | 17.3% | 18.4% | 20.3% | 23.0% | 23.4% | 22.4% | 23.6% | 23.3% | 23.5% | 23.3% | 23.3% | 23.3% | 23.8% | |
| 2.8% | 4.6% | 6.6% | 7.8% | 8.6% | 10.7% | 13.8% | 13.7% | 13.2% | 14.7% | 12.9% | 12.6% | 12.3% | 11.5% | 11.3% | 11.7% | 13.0% | 13.4% | 12.9% | 12.8% | 13.0% | 12.1% | 12.1% | 11.9% | 11.1% | 10.1% | 9.6% | 9.5% | 10.1% | 11.3% | 12.9% | 13.0% | 12.0% | 12.8% | 12.7% | 12.7% | 12.5% | 12.6% | 12.6% | 13.0% | |
| -10.7% | -9.8% | -7.9% | -4.6% | 1.1% | 6.2% | 7.4% | 9.2% | 8.3% | 1.8% | -2.1% | -8.6% | -15.7% | -18.0% | -19.4% | -19.4% | -13.2% | -13.3% | -43.4% | -41.1% | -40.1% | -38.1% | -3.8% | -1.1% | -3.1% | -0.8% | 2.4% | 6.8% | 11.3% | 16.7% | 11.1% | 7.8% | 4.2% | -1.2% | -0.3% | -4.5% | -4.6% | -6.3% | -13.7% | -13.3% | |
| Returns | ||||||||||||||||||||||||||||||||||||||||
| 2.5% | 4.5% | 6.5% | 7.8% | 8.6% | 10.4% | 12.8% | 12.8% | 12.3% | 11.8% | 10.1% | 9.6% | 9.3% | 8.4% | 7.5% | 7.8% | 8.7% | 8.9% | 8.8% | 8.8% | 9.0% | 8.5% | 9.0% | 9.2% | 8.9% | 8.6% | 8.2% | 7.9% | 8.1% | 8.2% | 8.3% | 8.2% | 7.4% | 7.8% | 7.7% | 7.8% | 7.6% | 7.6% | 7.3% | 7.6% | |
| 0.6% | 1.1% | 1.7% | 2.0% | 2.2% | 2.7% | 3.5% | 3.5% | 3.3% | 3.7% | 3.3% | 3.1% | 3.0% | 2.6% | 2.5% | 2.5% | 2.8% | 2.8% | 2.7% | 2.7% | 2.7% | 2.6% | 2.8% | 2.9% | 2.8% | 2.7% | 2.7% | 2.6% | 2.6% | 2.7% | 2.9% | 2.7% | 2.6% | 2.7% | 2.8% | 2.8% | 2.8% | 2.7% | 2.7% | 2.7% | |
| Balance Sheet & Debt | ||||||||||||||||||||||||||||||||||||||||
| 3,230 | 3,300 | 3,256 | 3,262 | 3,327 | 3,311 | 3,248 | 3,227 | 3,309 | 3,121 | 3,108 | 3,151 | 3,337 | 3,486 | 3,408 | 3,506 | 3,614 | 3,764 | 4,339 | 4,366 | 4,448 | 4,538 | 4,453 | 4,454 | 4,621 | 4,647 | 4,440 | 4,328 | 4,330 | 4,315 | 4,280 | 4,222 | 4,254 | 4,368 | 4,305 | 4,368 | 4,358 | 4,518 | 4,623 | 4,422 | |
| 9.1 | 7.9 | 6.6 | 6.2 | 6.1 | 5.5 | 5.4 | 5.3 | 5.6 | 5.3 | 5.1 | 5.3 | 5.7 | 5.9 | 5.8 | 5.8 | 5.7 | 5.8 | 6.8 | 6.8 | 6.8 | 7.0 | 6.5 | 6.4 | 6.7 | 6.5 | 6.2 | 6.2 | 6.0 | 5.8 | 5.6 | 5.4 | 5.6 | 5.6 | 5.4 | 5.4 | 5.4 | 5.5 | 5.6 | 5.7 | |
| 24.9% | 24.8% | 25.9% | 25.8% | 25.7% | 25.7% | 27.4% | 27.7% | 27.2% | 31.3% | 32.4% | 32.7% | 32.0% | 31.3% | 33.0% | 32.7% | 32.2% | 31.7% | 30.2% | 30.4% | 30.3% | 30.5% | 31.5% | 31.6% | 31.0% | 31.1% | 32.7% | 33.1% | 31.9% | 33.4% | 34.5% | 33.0% | 35.5% | 34.9% | 36.1% | 36.0% | 36.5% | 35.2% | 36.5% | 35.7% | |
| 2.1 | 2.1 | 2.0 | 2.0 | 2.0 | 1.9 | 1.8 | 1.8 | 1.8 | 1.4 | 1.4 | 1.4 | 1.4 | 1.5 | 1.4 | 1.4 | 1.4 | 1.5 | 1.7 | 1.6 | 1.7 | 1.6 | 1.6 | 1.5 | 1.6 | 1.6 | 1.4 | 1.4 | 1.6 | 1.4 | 1.3 | 1.4 | 1.2 | 1.3 | 1.2 | 1.2 | 1.2 | 1.2 | 1.2 | 1.1 | |
| Per Share | ||||||||||||||||||||||||||||||||||||||||
| 0.76 | 1.34 | 1.99 | 2.37 | 2.61 | 3.22 | 4.31 | 4.28 | 4.06 | 4.43 | 3.82 | 3.66 | 3.55 | 3.25 | 3.05 | 3.12 | 3.51 | 3.63 | 3.68 | 3.73 | 3.83 | 3.69 | 3.99 | 4.10 | 3.95 | 3.95 | 3.86 | 3.67 | 3.79 | 3.86 | 4.04 | 4.00 | 3.61 | 3.82 | 3.89 | 3.93 | 3.91 | 3.87 | 3.81 | 3.93 | |
| 26.57 | 28.91 | 30.41 | 30.46 | 30.47 | 30.26 | 31.21 | 31.23 | 30.81 | 30.09 | 29.58 | 28.96 | 28.78 | 28.25 | 27.07 | 26.62 | 26.96 | 27.08 | 28.61 | 29.23 | 29.53 | 30.39 | 33.05 | 34.54 | 35.70 | 39.00 | 40.08 | 38.79 | 37.56 | 34.28 | 31.28 | 30.84 | 30.06 | 29.72 | 30.73 | 30.98 | 31.16 | 30.64 | 30.23 | 30.21 | |
| 29.86 | 29.68 | 30.48 | 30.27 | 30.36 | 31.13 | 33.61 | 33.36 | 33.08 | 37.42 | 37.95 | 38.23 | 38.12 | 38.46 | 40.79 | 40.14 | 40.22 | 40.88 | 41.86 | 42.26 | 42.52 | 43.46 | 44.37 | 44.47 | 44.37 | 45.77 | 46.87 | 46.64 | 47.00 | 47.28 | 48.81 | 48.66 | 48.82 | 48.90 | 50.63 | 50.22 | 51.69 | 50.71 | 52.19 | 51.82 | |
| -2.85 | -2.84 | -2.39 | -1.41 | 0.33 | 1.86 | 2.30 | 2.88 | 2.55 | 0.54 | -0.61 | -2.48 | -4.51 | -5.09 | -5.25 | -5.18 | -3.56 | -3.60 | -12.41 | -12.01 | -11.85 | -11.57 | -1.27 | -0.37 | -1.10 | -0.30 | 0.95 | 2.63 | 4.25 | 5.72 | 3.46 | 2.42 | 1.28 | -0.35 | -0.10 | -1.41 | -1.45 | -1.94 | -4.13 | -4.01 | |
Showing the most recent 40 periods — older statements are on file for this stock.
Data as of: September 25, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.