Black Hills (BKH) Capital Expenditures (2009 - 2026)

Black Hills' Capital Expenditures history runs 18 years deep, the most recent figure standing at $87.7 million for Q1 2026.

• In Q1 2026, Capital Expenditures rose 1.04% year-over-year to $87.7 million; the TTM figure through Mar 2026 stood at $820.7 million (up 25.34% YoY), while the FY2025 annual figure was $819.8 million, up 10.16% from the prior year.
• Capital Expenditures was $87.7 million for Q1 2026 at Black Hills, down from $698.1 million in the prior quarter.
• In the past five years, Capital Expenditures ranged from a high of $698.1 million in Q4 2025 to a low of -$278.4 million in Q3 2024.
• Historically, Capital Expenditures has averaged $133.3 million across 5 years, with a median of $86.8 million in 2025.
• The sharpest annual moves came in 2022 and 2023: Capital Expenditures sank 3555.01% in 2022, then surged 2925.34% in 2023.
• A 5-year view of Capital Expenditures shows it stood at $16.6 million in 2022, then soared by 2925.34% to $502.6 million in 2023, then surged by 35.34% to $680.2 million in 2024, then advanced by 2.63% to $698.1 million in 2025, then tumbled by 87.44% to $87.7 million in 2026.
• The last three Capital Expenditures figures came in at $87.7 million (Q1 2026), $698.1 million (Q4 2025), and $43.2 million (Q3 2025), per Business Quant data.