BKH
Black Hills Corp /sd/ Utilities Electric Services Russell 3000
$82.01Close
$6.2BMarket cap
$61.05 – $82.0152-week range
Nov 4, 2026Next report · after the close
Highlights
Strengths
- In a stage-2 uptrend all 8 trend conditions pass
- Near its high at its 52-week high
- Earnings growing EPS +32% year on year, faster than the quarter before (+40 pts)
Cautions
- Extended 5.5 ATR above its 50-day average
- Results soon Nov 4, 2026, in 3 days
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
0%
1wk
up 3.3%
price change
1mo
up 17.0%
price change
12-month return
up 34%
market up 11% ·
its own up 23%
F-score
—
— Not assessed
Altman Z″
1.46
Moderate risk
P/E
21.2×
price / earnings
PEG
10.83
P/E / EPS growth
P/B
1.6×
price / book
Earnings yield
up 5.0%
EBIT / enterprise value
Cheaper than
55%
of the market · around average
Revenue growth
up 9%
year on year
EPS growth
up 32%
latest quarter · +40 pts
Sales growth
up 1%
latest quarter · +6 pts
ROE
up 8%
return on equity
Free cash margin
down 6%
-$146.4M FCF
D/E
1.23
long-term debt / equity
Net debt / EBITDA
5.5×
Interest cover
2.7×EBIT / interest
Piotroski tests
Repair signals
- Revenue reaccelerating (-9% then +9%)
Trade setup
ATR%
2.0%
$1.62 a day · 2×ATR $78.76
RS
75 / 99
vs the universe
Trend
8 / 8
trend template
Relative volume
1.2×
vs 50-day average
Up/down volume
1.43
50 sessions
Implied move
—
no option chain · report Nov 4, 2026
Trend template · 8 of 8
Screen verdict
Did not qualify for any screen.
Warning signs
- Heavily indebted Net debt is 5.5 times EBITDA — roughly 6 years of earnings before interest, tax and depreciation to repay borrowings in full.
- Shareholders diluted The share count rose 5.3% over the year, from 72m to 76m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
Last reported
Aug 5, 2026
Results reaction
Aug 5, 2026+1% vs market2 sessions after results
Financials
- Net 13%
- Free cash -6%
- Cash
- Long-term debt
| FY2020Dec 31, 2020 | FY2021Dec 31, 2021 | FY2022Dec 31, 2022 | FY2023Dec 31, 2023 | FY2024Dec 31, 2024 | FY2025Dec 31, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.7B | $1.9B | $2.5B | $2.3B | $2.1B | $2.3B |
| Operating income | $428.3M | $409.4M | $455.2M | $472.7M | $503.1M | $537.5M |
| Net income | $227.6M | $236.7M | $258.4M | $262.2M | $273.1M | $291.6M |
| Net margin | 14% | 12% | 10% | 11% | 13% | 13% |
| Earnings per share | $3.65 | $3.74 | $3.53 | $3.91 | $3.91 | $3.98 |
| Free cash flow | -$225.5M | -$742.1M | -$19.6M | $388.8M | -$24.9M | -$146.4M |
| Free cash margin | -13% | -38% | -1% | 17% | -1% | -6% |
| Cash | $6.4M | $8.9M | $21.4M | $86.6M | $16.1M | $182.8M |
| Long-term debt | $3.5B | $4.1B | $3.6B | $3.8B | $4.3B | $4.7B |
| Shareholders' equity | $2.6B | $2.8B | $3.0B | $3.2B | $3.5B | $3.8B |
| Shares outstanding | 62.83m | 64.79m | 66.14m | 68m | 71.70m | 75.50m |
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Aug 6, 2026 | Quarterly ↗ | Jun 30, 2026 | 37d |
| May 7, 2026 | Quarterly ↗ | Mar 31, 2026 | 37d |
| Feb 11, 2026 | Annual ↗ | Dec 31, 2025 | 42d |
| Nov 6, 2025 | Quarterly ↗ | Sep 30, 2025 | 37d |
| Jul 31, 2025 | Quarterly ↗ | Jun 30, 2025 | 31d |
| May 8, 2025 | Quarterly ↗ | Mar 31, 2025 | 38d |
| Feb 12, 2025 | Annual ↗ | Dec 31, 2024 | 43d |
| Nov 7, 2024 | Quarterly ↗ | Sep 30, 2024 | 38d |
| Aug 1, 2024 | Quarterly ↗ | Jun 30, 2024 | 32d |
| May 9, 2024 | Quarterly ↗ | Mar 31, 2024 | 39d |
| Feb 14, 2024 | Annual ↗ | Dec 31, 2023 | 45d |
| Nov 2, 2023 | Quarterly ↗ | Sep 30, 2023 | 33d |
Current reports
| Filed | Disclosed |
|---|---|
| Oct 23, 2026 | Regulation FD ↗ |
| Oct 6, 2026 | Regulation FD ↗ |
| Aug 17, 2026 | Other events ↗ |
| Aug 5, 2026 | Results ↗ |
| May 15, 2026 | Other events ↗ |
| May 6, 2026 | Results ↗ |
| May 1, 2026 | Shareholder vote ↗ |
| Apr 2, 2026 | Shareholder vote · Regulation FD ↗ |
| Feb 19, 2026 | Other events ↗ |
| Feb 4, 2026 | Results ↗ |
| Nov 5, 2025 | Results ↗ |
| Oct 2, 2025 | Material agreement · New obligation · Other events ↗ |