KPIs & Operating Metrics(New)
Growth Metrics

Black Hills (BKH) Capital Expenditures (2016 - 2025)

Black Hills has reported Capital Expenditures over the past 17 years, most recently at -$2.9 million for Q4 2025.

  • Quarterly results put Capital Expenditures at -$2.9 million for Q4 2025, down 100.43% from a year ago — trailing twelve months through Dec 2025 was $118.8 million (down 84.04% YoY), and the annual figure for FY2025 was $118.8 million, down 84.04%.
  • Capital Expenditures for Q4 2025 was -$2.9 million at Black Hills, up from -$250.1 million in the prior quarter.
  • Over the last five years, Capital Expenditures for BKH hit a ceiling of $680.2 million in Q4 2024 and a floor of -$250.1 million in Q3 2025.
  • Median Capital Expenditures over the past 5 years was $8.0 million (2021), compared with a mean of $52.2 million.
  • Biggest five-year swings in Capital Expenditures: crashed 3555.01% in 2022 and later skyrocketed 113466.67% in 2024.
  • Black Hills' Capital Expenditures stood at $13.2 million in 2021, then grew by 26.04% to $16.6 million in 2022, then crashed by 103.61% to -$600000.0 in 2023, then skyrocketed by 113466.67% to $680.2 million in 2024, then tumbled by 100.43% to -$2.9 million in 2025.
  • The last three reported values for Capital Expenditures were -$2.9 million (Q4 2025), -$250.1 million (Q3 2025), and $285.0 million (Q2 2025) per Business Quant data.