Black Hills (BKH) Accumulated Expenses (2009 - 2026)
Black Hills (BKH) posted quarterly Accumulated Expenses of $60.3 million for Q1 2026, down 76.18% year-over-year from $253.2 million in Q1 2025, and down 81.31% quarter-over-quarter from $322.6 million in Q4 2025.
Black Hills (BKH) Accumulated Expenses (2009 - 2026) Analysis & Trends
Black Hills (BKH) has reported Accumulated Expenses for 18 consecutive years, with $60.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Accumulated Expenses fell 76.18% year-over-year to $60.3 million; the TTM figure through Mar 2026 stood at $60.3 million (down 76.18% YoY), while the FY2025 annual figure was $322.6 million, up 6.75% from the prior year.
- Accumulated Expenses retreated to $60.3 million in Q1 2026 per BKH's latest filing, from $322.6 million in the prior quarter.
- Across five years, Accumulated Expenses topped out at $322.6 million in Q4 2025 and bottomed at $40.7 million in Q2 2023.
- Historically, Accumulated Expenses has averaged $193.0 million across 5 years, with a median of $228.9 million in 2023.
- Annual changes were most pronounced in 2023 — Accumulated Expenses sank 82.01% — and 2024, when it soared 537.6%.
- Black Hills' Accumulated Expenses stood at $62.9 million in 2022, then jumped by 366.3% to $293.3 million in 2023, then grew by 3.03% to $302.2 million in 2024, then increased by 6.75% to $322.6 million in 2025, then tumbled by 81.31% to $60.3 million in 2026.
- Business Quant data shows BKH's Accumulated Expenses at $60.3 million in Q1 2026, $322.6 million in Q4 2025, and $292.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Atmos Energy | 29.08 Bn | 28.55 Bn | - |
| 2 | Nisource | 20.22 Bn | 20.15 Bn | 867.50 Mn |
| 3 | Ugi | 8.26 Bn | 7.78 Bn | 573.00 Mn |
| 4 | Black Hills | 5.61 Bn | 5.53 Bn | - |
| 5 | New Jersey Resources | 5.61 Bn | 5.56 Bn | 243.61 Mn |
| 6 | ONE Gas | 5.16 Bn | 5.13 Bn | 272.01 Mn |
| 7 | Mdu Resources | 4.33 Bn | 4.29 Bn | - |
| 8 | Chesapeake Utilities | 3.31 Bn | 3.29 Bn | 150.20 Mn |
| 9 | Centuri Holdings | 2.24 Bn | 2.20 Bn | 69.14 Mn |
| 10 | Brookfield Infrastructure | 2.21 Bn | 1.45 Bn | 572.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 269.20 Mn |
| Mar 31, 2026 | 60.30 Mn |
| Dec 31, 2025 | 322.60 Mn |
| Sep 30, 2025 | 292.40 Mn |
| Jun 30, 2025 | 52.30 Mn |
| Mar 31, 2025 | 253.20 Mn |
| Dec 31, 2024 | 302.20 Mn |
| Sep 30, 2024 | 78.80 Mn |
| Jun 30, 2024 | 259.60 Mn |
| Mar 31, 2024 | 263.90 Mn |
| Dec 31, 2023 | 293.30 Mn |
| Sep 30, 2023 | 65.62 Mn |
| Jun 30, 2023 | 40.72 Mn |
| Mar 31, 2023 | 228.86 Mn |
| Dec 31, 2022 | 62.90 Mn |
| Sep 30, 2022 | 250.84 Mn |
| Jun 30, 2022 | 226.32 Mn |
| Mar 31, 2022 | 227.21 Mn |
| Dec 31, 2021 | 74.39 Mn |
| Sep 30, 2021 | 249.84 Mn |