Black Hills (BKH) Asset Utilization Ratio (2010 - 2026)

Black Hills' Asset Utilization Ratio history runs 17 years deep, the most recent figure standing at 0.21 for Q1 2026.

• In Q1 2026, Asset Utilization Ratio fell 4.09% year-over-year to 0.21; the TTM figure through Mar 2026 stood at 0.21 (down 4.09% YoY), while the FY2025 annual figure was 0.22, up 2.08% from the prior year.
• Asset Utilization Ratio was 0.21 for Q1 2026 at Black Hills, down from 0.22 in the prior quarter.
• In the past five years, Asset Utilization Ratio ranged from a high of 0.28 in Q1 2023 to a low of 0.21 in Q1 2026.
• Historically, Asset Utilization Ratio has averaged 0.24 across 5 years, with a median of 0.22 in 2025.
• The sharpest annual moves came in 2022 and 2024: Asset Utilization Ratio gained 24.71% in 2022, then slipped 21.85% in 2024.
• A 5-year view of Asset Utilization Ratio shows it stood at 0.27 in 2022, then declined by 11.5% to 0.24 in 2023, then slipped by 9.6% to 0.22 in 2024, then increased by 1.1% to 0.22 in 2025, then declined by 3.3% to 0.21 in 2026.
• The last three Asset Utilization Ratio figures came in at 0.21 (Q1 2026), 0.22 (Q4 2025), and 0.22 (Q3 2025), per Business Quant data.