Black Hills (BKH) Cash from Operations (2009 - 2026)
Black Hills (BKH) posted Cash from Operations of $195.1 million for Q2 2026, up 3.4% from $188.6 million a year earlier and up 10.7% from the prior quarter.
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Analysis
Black Hills (BKH) Cash from Operations (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Cash from Operations at Black Hills was $628.3 million, down 6.5% year-over-year; for FY2025, it was $673.4 million, down 6.4% from FY2024.
- Annual Cash from Operations shows a five-year compound annual growth rate of 4.4% (FY2020 to FY2025).
- In prior years, Black Hills' Cash from Operations was $719.3 million in FY2024 (-23.8%), $944.4 million in FY2023 (+61.5%), $584.8 million in FY2022 and -$64.6 million in FY2021.
- The Q2 2026 figure stands as the highest quarterly Cash from Operations since Q1 2025.
- On a year-over-year basis, Cash from Operations increased in two of the last eight quarters, with an average decline of 11.8%.
- The strongest year-over-year quarter for Cash from Operations in the past five years was Q3 2023, with growth of 188.8%; the weakest was Q3 2022, with a decline of 50.4%.
- According to Business Quant data, Cash from Operations for the three prior quarters was $176.2 million (Q1 2026), $168.1 million (Q4 2025) and $88.9 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn | - |
| 2 | National Grid | 77.93 Bn | 59.46 Bn | - | - |
| 3 | Dominion Energy | 53.37 Bn | 56.05 Bn | - | 1.58 Bn |
| 4 | Xcel Energy | 44.14 Bn | 39.04 Bn | - | 1.10 Bn |
| 5 | Wec Energy | 33.42 Bn | 33.65 Bn | 1.51 Bn | 992.30 Mn |
| 6 | Ameren | 27.75 Bn | 27.83 Bn | - | 770.00 Mn |
| 7 | Fortis | 26.92 Bn | 27.40 Bn | 1.60 Bn | 816.18 Mn |
| 8 | Atmos Energy | 26.63 Bn | 25.40 Bn | 870.85 Mn | 639.92 Mn |
| 9 | American Water Works Company | 25.79 Bn | 25.20 Bn | - | 602.00 Mn |
| 10 | Black Hills | 5.36 Bn | 5.06 Bn | - | 195.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 195.10 Mn |
| Mar 31, 2026 | 176.20 Mn |
| Dec 31, 2025 | 168.10 Mn |
| Sep 30, 2025 | 88.90 Mn |
| Jun 30, 2025 | 188.60 Mn |
| Mar 31, 2025 | 227.80 Mn |
| Dec 31, 2024 | 153.20 Mn |
| Sep 30, 2024 | 102.10 Mn |
| Jun 30, 2024 | 230.60 Mn |
| Mar 31, 2024 | 233.40 Mn |
| Dec 31, 2023 | 188.40 Mn |
| Sep 30, 2023 | 150.90 Mn |
| Jun 30, 2023 | 276.40 Mn |
| Mar 31, 2023 | 328.70 Mn |
| Dec 31, 2022 | 90.51 Mn |
| Sep 30, 2022 | 52.26 Mn |
| Jun 30, 2022 | 177.91 Mn |
| Mar 31, 2022 | 264.12 Mn |
| Dec 31, 2021 | 80.16 Mn |
| Sep 30, 2021 | 105.41 Mn |
API Access
Black Hills Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=BKH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "BKH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=BKH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();