Black Hills Corporation

Utilities · Utilities - Regulated Gas

70.30$ +0.8% vs. previous close Closing price · As of: Sep 29, 2026

Statements

Balance Sheet

Black Hills Corporation (BKH) by the numbers: income statement, balance sheet and cash flow, by year or by quarter. In the most recent period (2025), "Total Assets" came in at 10,870 million USD. Tick rows to compare them in a chart.

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Amounts Change % Common size %

Last 12 Full history

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All figures in millions of USD.

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Balance Sheet BKH
Line item	1996	1997	1998	1999	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Total Assets	467	509	559	675	1,320	1,659	2,035	2,063	2,056	2,120	2,245	2,473	3,380	3,318	3,712	4,127	3,729	3,875	4,280	4,656	6,515	6,659	6,963	7,558	8,089	9,132	9,618	9,620	10,023	10,870
Current Assets	51	84	141	181	419	220	400	484	480	542	475	531	800	625	671	759	405	345	454	822	467	571	504	473	493	808	1,072	827	742	996
Cash	13	17	15	17	25	30	80	173	65	34	37	86	168	113	32	22	15	7.8	21	457	14	15	21	9.8	6.4	8.9	21	87	16	183
Cash & Short-Term Investments	13	17	15	17	25	30	80	173	65	34	37	86	168	151	89	22	15	7.8	21	457	14	15	21	9.8	6.4	8.9	21	87	16	183
Receivables	16	43	90	140	300	117	209	202	257	285	263	291	378	277	329	166	164	179	192	148	259	248	282	272	285	340	526	369	371	412
Inventory	7.9	8.6	9.7	14	17	–	25	45	90	127	93	96	118	123	140	84	78	88	91	87	107	113	117	117	117	151	207	161	154	172
Property, Plant & Equipment	–	–	–	–	794	1,238	1,476	1,442	1,446	1,435	1,646	1,824	2,022	2,161	2,495	2,790	2,743	2,990	3,205	3,259	4,469	4,541	4,855	5,503	6,020	6,449	6,798	–	–	–
Goodwill	–	–	–	–	–	–	34	30	30	32	31	30	359	354	355	353	353	353	353	360	1,299	1,299	1,299	1,299	1,299	1,299	1,300	1,300	1,300	1,300
Intangible Assets	–	–	–	–	300	117	78	40	37	28	24	21	4.9	4.3	4.1	3.8	3.6	3.4	3.2	3.4	8.4	7.6	14	13	12	11	9.6	8.4	7.6	6.4
Total Liabilities	274	303	353	458	1,000	1,124	1,494	1,349	1,316	1,376	1,449	1,498	2,329	2,233	2,611	2,918	2,497	2,567	2,904	3,190	4,785	4,839	4,676	5,094	5,426	6,245	6,528	6,315	6,437	6,964
Current Liabilities	28	54	103	205	589	583	671	286	358	471	529	581	1,254	645	787	878	735	378	651	422	528	649	648	811	697	902	1,667	1,185	763	740
Short-Term Debt	1.7	1.4	6.4	99	226	396	23	18	40	67	163	167	706	200	254	347	381	83	350	77	102	217	191	355	242	420	1,061	600	134	0.0
Accounts Payable	7.3	33	74	80	248	96	168	163	196	203	224	239	289	229	147	105	84	130	124	90	152	161	211	194	183	218	310	186	229	312
Long-Term Debt	–	–	–	–	307	416	619	868	734	670	628	564	501	1,016	1,186	1,280	939	1,397	1,268	1,867	3,211	3,109	2,951	3,140	3,528	4,127	3,607	3,801	4,250	4,701
Shareholders' Equity	193	205	207	217	282	515	535	710	736	739	790	970	1,051	1,085	1,100	1,209	1,233	1,308	1,376	1,466	1,615	1,709	2,182	2,362	2,561	2,787	2,995	3,215	3,502	3,824
Retained Earnings	132	144	148	162	191	251	281	305	322	313	348	397	447	474	486	477	493	540	599	473	458	549	700	779	871	962	1,064	1,158	1,249	1,343
Shares Outstanding	22	22	22	21	22	26	27	31	33	33	34	37	38	39	39	40	44	44	45	51	53	55	56	61	62	63	65	67	70	73

Data as of: September 29, 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.

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