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

Black Hills has disclosed Capital Expenditures across 18 years of filings, most recently posting $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 declined to $87.7 million in Q1 2026, from $698.1 million in the prior quarter.
• Over the last five years, Capital Expenditures for BKH reached as high as $698.1 million in Q4 2025 and fell as low as -$278.4 million in Q3 2024.
• The 5-year median for Capital Expenditures is $86.8 million (2025), against an average of $133.3 million.
• Annual changes were most pronounced in 2022 — Capital Expenditures slumped 3555.01% — and 2023, when it jumped 2925.34%.
• A 5-year view of Capital Expenditures shows it stood at $16.6 million in 2022, then jumped by 2925.34% to $502.6 million in 2023, then soared by 35.34% to $680.2 million in 2024, then rose by 2.63% to $698.1 million in 2025, then tumbled by 87.44% to $87.7 million in 2026.
• According to Business Quant data, Capital Expenditures over the past three periods registered $87.7 million, $698.1 million, and $43.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.