Black Hills (BKH) Change in Inventory (2009 - 2026)

Black Hills (BKH) recorded quarterly Change in Inventory of -$24.5 million in Q1 2026, down 1941.67% quarter-over-quarter from -$1.2 million in Q4 2025, and up 3.16% on a YoY basis from -$23.7 million in Q1 2025.

Black Hills (BKH) Change in Inventory (2009 - 2026) Analysis & Trends

Black Hills' Change in Inventory history runs 18 years deep, the most recent figure standing at -$24.5 million for Q1 2026.

  • In Q1 2026, Change in Inventory rose 3.16% year-over-year to -$24.5 million; the TTM figure through Mar 2026 stood at $18.6 million (up 329.63% YoY), while the FY2025 annual figure was $17.8 million, up 234.85% from the prior year.
  • Change in Inventory was -$24.5 million for Q1 2026 at Black Hills, down from -$1.2 million in the prior quarter.
  • In the past five years, Change in Inventory ranged from a high of $81.4 million in Q3 2022 to a low of -$76.1 million in Q1 2023.
  • Historically, Change in Inventory has averaged $241176.5 across 5 years, with a median of -$1.2 million in 2025.
  • The sharpest annual moves came in 2022 and 2025: Change in Inventory tumbled 326.1% in 2022, then jumped 1107.14% in 2025.
  • A 5-year view of Change in Inventory shows it stood at -$13.0 million in 2022, then surged by 39.25% to -$7.9 million in 2023, then jumped by 70.89% to -$2.3 million in 2024, then surged by 47.83% to -$1.2 million in 2025, then plunged by 1941.67% to -$24.5 million in 2026.
  • The last three Change in Inventory figures came in at -$24.5 million (Q1 2026), -$1.2 million (Q4 2025), and $27.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Atmos Energy 28.34 Bn 28.21 Bn - -
2 Nisource 22.33 Bn 24.52 Bn 1.83 Bn -
3 Ugi 7.49 Bn 6.94 Bn 1.50 Bn -57.00 Mn
4 New Jersey Resources 5.59 Bn 5.45 Bn 826.91 Mn -130.52 Mn
5 Black Hills 5.49 Bn 5.46 Bn - -24.50 Mn
6 ONE Gas 4.93 Bn 4.91 Bn 438.14 Mn -52.53 Mn
7 Mdu Resources 4.39 Bn 4.33 Bn - -19.30 Mn
8 Centuri Holdings 3.01 Bn 2.95 Bn 35.76 Mn -
9 Chesapeake Utilities 2.96 Bn 2.96 Bn 102.40 Mn -5.20 Mn
10 Brookfield Infrastructure 426.14 Mn 3.22 Bn 539.00 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 -24.50 Mn
Mar 31, 2026 -24.50 Mn
Dec 31, 2025 -1.20 Mn
Dec 31, 2025 -1.20 Mn
Sep 30, 2025 27.40 Mn
Sep 30, 2025 27.40 Mn
Jun 30, 2025 16.90 Mn
Jun 30, 2025 16.90 Mn
Mar 31, 2025 -25.30 Mn
Mar 31, 2025 -25.30 Mn
Dec 31, 2024 -2.30 Mn
Dec 31, 2024 -2.30 Mn
Sep 30, 2024 18.10 Mn
Sep 30, 2024 18.10 Mn
Jun 30, 2024 1.40 Mn
Jun 30, 2024 1.40 Mn
Mar 31, 2024 -30.40 Mn
Mar 31, 2024 -30.40 Mn
Dec 31, 2023 -7.90 Mn
Dec 31, 2023 -7.90 Mn