Black Hills (BKH) Change in Inventory (2009 - 2026)
Black Hills (BKH) posted quarterly Change in Inventory of -$24.5 million for Q1 2026, up 3.16% YoY from -$23.7 million in Q1 2025, and down 1941.67% sequentially from -$1.2 million in Q4 2025.
Black Hills (BKH) Change in Inventory (2009 - 2026) Analysis & Trends
Black Hills has disclosed Change in Inventory across 18 years of filings, most recently posting -$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 eased to -$24.5 million in Q1 2026, from -$1.2 million in the prior quarter.
- Over the last five years, Change in Inventory for BKH reached as high as $81.4 million in Q3 2022 and fell as low as -$76.1 million in Q1 2023.
- The 5-year median for Change in Inventory is -$1.2 million (2025), against an average of $241176.5.
- Annual changes were most pronounced in 2022 — Change in Inventory plunged 326.1% — and 2025, when it soared 1107.14%.
- A 5-year view of Change in Inventory shows it stood at -$13.0 million in 2022, then soared by 39.25% to -$7.9 million in 2023, then surged by 70.89% to -$2.3 million in 2024, then soared by 47.83% to -$1.2 million in 2025, then plunged by 1941.67% to -$24.5 million in 2026.
- According to Business Quant data, Change in Inventory over the past three periods registered -$24.5 million, -$1.2 million, and $27.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.80 Bn | 28.68 Bn | - | - |
| 2 | Nisource | 22.46 Bn | 24.65 Bn | 1.83 Bn | - |
| 3 | Ugi | 7.39 Bn | 6.84 Bn | 1.50 Bn | -57.00 Mn |
| 4 | New Jersey Resources | 5.67 Bn | 5.53 Bn | 826.91 Mn | -130.52 Mn |
| 5 | Black Hills | 5.61 Bn | 5.58 Bn | - | -24.50 Mn |
| 6 | ONE Gas | 4.80 Bn | 4.77 Bn | 438.14 Mn | -52.53 Mn |
| 7 | Mdu Resources | 4.26 Bn | 4.20 Bn | - | -19.30 Mn |
| 8 | Chesapeake Utilities | 2.94 Bn | 2.94 Bn | 102.40 Mn | -5.20 Mn |
| 9 | Centuri Holdings | 2.87 Bn | 2.82 Bn | 35.76 Mn | - |
| 10 | Rgc Resources | 248.35 Mn | 244.36 Mn | 39.84 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |