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
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