Black Hills (BKH) Cash from Investing Activities (2009 - 2026)
Black Hills (BKH) posted quarterly Cash from Investing Activities of -$270.0 million for Q1 2026, down 73.97% year-over-year from -$1.0 billion in Q1 2025, and up 0.66% quarter-over-quarter from -$271.8 million in Q4 2025.
Black Hills (BKH) Cash from Investing Activities (2009 - 2026) Analysis & Trends
Black Hills (BKH) has reported Cash from Investing Activities for 18 consecutive years, with -$270.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cash from Investing Activities fell 73.97% year-over-year to -$270.0 million; the TTM figure through Mar 2026 stood at -$943.0 million (down 30.19% YoY), while the FY2025 annual figure was -$828.2 million, down 11.02% from the prior year.
- Cash from Investing Activities improved to -$270.0 million in Q1 2026 per BKH's latest filing, from -$271.8 million in the prior quarter.
- Across five years, Cash from Investing Activities topped out at -$101.5 million in Q1 2023 and bottomed at -$271.8 million in Q4 2025.
- Historically, Cash from Investing Activities has averaged -$175.6 million across 5 years, with a median of -$163.8 million in 2024.
- Annual changes were most pronounced in 2023 — Cash from Investing Activities increased 26.37% — and 2024, when it tumbled 74.29%.
- Black Hills' Cash from Investing Activities stood at -$137.6 million in 2022, then rose by 3.4% to -$132.9 million in 2023, then plunged by 61.02% to -$214.0 million in 2024, then fell by 27.01% to -$271.8 million in 2025, then rose by 0.66% to -$270.0 million in 2026.
- Business Quant data shows BKH's Cash from Investing Activities at -$270.0 million in Q1 2026, -$271.8 million in Q4 2025, and -$180.2 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Investing Activities (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 29.08 Bn | 28.55 Bn | - | -1.04 Bn |
| 2 | Nisource | 20.22 Bn | 20.15 Bn | 867.50 Mn | -1.23 Bn |
| 3 | Ugi | 8.26 Bn | 7.78 Bn | 573.00 Mn | -172.00 Mn |
| 4 | Black Hills | 5.61 Bn | 5.53 Bn | - | -222.10 Mn |
| 5 | New Jersey Resources | 5.61 Bn | 5.56 Bn | 243.61 Mn | -177.11 Mn |
| 6 | ONE Gas | 5.16 Bn | 5.13 Bn | 272.01 Mn | -175.64 Mn |
| 7 | Mdu Resources | 4.33 Bn | 4.29 Bn | - | -104.94 Mn |
| 8 | Chesapeake Utilities | 3.31 Bn | 3.29 Bn | 150.20 Mn | -123.20 Mn |
| 9 | Centuri Holdings | 2.24 Bn | 2.20 Bn | 69.14 Mn | -28.27 Mn |
| 10 | Brookfield Infrastructure | 2.21 Bn | 1.45 Bn | 572.00 Mn | -335.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -222.10 Mn |
| Jun 30, 2026 | -222.10 Mn |
| Mar 31, 2026 | -270.00 Mn |
| Mar 31, 2026 | -270.00 Mn |
| Dec 31, 2025 | -271.80 Mn |
| Dec 31, 2025 | -271.80 Mn |
| Sep 30, 2025 | -180.20 Mn |
| Sep 30, 2025 | -180.20 Mn |
| Jun 30, 2025 | -221.00 Mn |
| Jun 30, 2025 | -221.00 Mn |
| Mar 31, 2025 | -155.20 Mn |
| Mar 31, 2025 | -155.20 Mn |
| Dec 31, 2024 | -214.00 Mn |
| Dec 31, 2024 | -214.00 Mn |
| Sep 30, 2024 | -191.30 Mn |
| Sep 30, 2024 | -191.30 Mn |
| Jun 30, 2024 | -163.80 Mn |
| Jun 30, 2024 | -163.80 Mn |
| Mar 31, 2024 | -176.90 Mn |
| Mar 31, 2024 | -176.90 Mn |