Black Hills (BKH) Accumulated Expenses (2009 - 2026)
Black Hills (BKH) reported Accumulated Expenses of $269.2 million for Q2 2026, up 7.2% from $251.1 million a year earlier and up 3.5% from the prior quarter.
Black Hills (BKH) Accumulated Expenses (2009 - 2026) Analysis & Trends
At the end of FY2025, Black Hills posted Accumulated Expenses of $322.6 million, up 6.8% from FY2024.
- Accumulated Expenses has increased for three consecutive years, with a five-year compound annual growth rate of 5.8% (FY2020 to FY2025).
- By year, Accumulated Expenses came in at $302.2 million in FY2024 (+3.0%), $293.3 million in FY2023 (+20.5%), $243.5 million in FY2022 (-0.5%) and $244.76 million in FY2021 (+0.5%).
- Five-year quarterly Accumulated Expenses spans a low of $217.26 million in Q2 2023 and a high of $322.6 million in Q4 2025.
- Year over year, Accumulated Expenses has now increased in each of the last four quarters, with growth averaging 3.2% over the last eight quarters.
- The high point for year-over-year Accumulated Expenses in five years was Q4 2023 (growth of 20.5%); the low point was Q1 2025 (a decline of 4.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $260.2 million (Q1 2026), $322.6 million (Q4 2025) and $292.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enel Chile | 292.57 Bn | 292.57 Bn | 890.00 Mn |
| 2 | National Grid | 78.85 Bn | 60.37 Bn | - |
| 3 | Dominion Energy | 53.27 Bn | 55.95 Bn | - |
| 4 | Xcel Energy | 44.01 Bn | 38.91 Bn | - |
| 5 | Wec Energy | 32.84 Bn | 33.08 Bn | 1.51 Bn |
| 6 | Ameren | 27.51 Bn | 27.59 Bn | - |
| 7 | Fortis | 26.81 Bn | 27.29 Bn | 1.60 Bn |
| 8 | Atmos Energy | 26.44 Bn | 25.21 Bn | 870.85 Mn |
| 9 | American Water Works Company | 25.73 Bn | 25.14 Bn | - |
| 10 | Black Hills | 5.34 Bn | 5.05 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 269.20 Mn |
| Mar 31, 2026 | 260.20 Mn |
| Dec 31, 2025 | 322.60 Mn |
| Sep 30, 2025 | 292.40 Mn |
| Jun 30, 2025 | 251.10 Mn |
| Mar 31, 2025 | 253.20 Mn |
| Dec 31, 2024 | 302.20 Mn |
| Sep 30, 2024 | 291.70 Mn |
| Jun 30, 2024 | 259.60 Mn |
| Mar 31, 2024 | 263.90 Mn |
| Dec 31, 2023 | 293.30 Mn |
| Sep 30, 2023 | 257.46 Mn |
| Jun 30, 2023 | 217.26 Mn |
| Mar 31, 2023 | 228.86 Mn |
| Dec 31, 2022 | 243.50 Mn |
| Sep 30, 2022 | 250.84 Mn |
| Jun 30, 2022 | 226.32 Mn |
| Mar 31, 2022 | 227.21 Mn |
| Dec 31, 2021 | 244.76 Mn |
| Sep 30, 2021 | 249.84 Mn |
Black Hills Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=BKH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "BKH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=BKH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();