Black Hills (BKH) Change in Receivables (2010 - 2026)
Black Hills (BKH) posted quarterly Change in Receivables of -$20.5 million for Q1 2026, down 148.12% YoY from $42.6 million in Q1 2025, and down 115.1% sequentially from $135.8 million in Q4 2025.
Black Hills (BKH) Change in Receivables (2010 - 2026) Analysis & Trends
Black Hills has disclosed Change in Receivables across 17 years of filings, most recently posting -$20.5 million for Q1 2026.
- In Q1 2026, Change in Receivables fell 148.12% year-over-year to -$20.5 million; the TTM figure through Mar 2026 stood at -$18.1 million (down 131.75% YoY), while the FY2025 annual figure was $45.0 million, up 75.1% from the prior year.
- Change in Receivables eased to -$20.5 million in Q1 2026, from $135.8 million in the prior quarter.
- Over the last five years, Change in Receivables for BKH reached as high as $248.8 million in Q4 2022 and fell as low as -$238.1 million in Q2 2023.
- The 5-year median for Change in Receivables is -$6.8 million (2024), against an average of $1.8 million.
- Annual changes were most pronounced in 2022 — Change in Receivables surged 514.2% — and 2023, when it plunged 316.71%.
- A 5-year view of Change in Receivables shows it stood at $248.8 million in 2022, then slumped by 60.49% to $98.3 million in 2023, then surged by 52.19% to $149.6 million in 2024, then dropped by 9.22% to $135.8 million in 2025, then tumbled by 115.1% to -$20.5 million in 2026.
- According to Business Quant data, Change in Receivables over the past three periods registered -$20.5 million, $135.8 million, and -$6.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Receivables (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 | 99.00 Mn |
| 4 | New Jersey Resources | 5.67 Bn | 5.53 Bn | 826.91 Mn | -41.66 Mn |
| 5 | Black Hills | 5.61 Bn | 5.58 Bn | - | -20.50 Mn |
| 6 | ONE Gas | 4.80 Bn | 4.77 Bn | 438.14 Mn | -53.58 Mn |
| 7 | Mdu Resources | 4.26 Bn | 4.20 Bn | - | -33.04 Mn |
| 8 | Chesapeake Utilities | 2.94 Bn | 2.94 Bn | 102.40 Mn | 11.30 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 | -20.50 Mn |
| Mar 31, 2026 | -20.50 Mn |
| Dec 31, 2025 | 135.80 Mn |
| Dec 31, 2025 | 135.80 Mn |
| Sep 30, 2025 | -6.00 Mn |
| Sep 30, 2025 | -6.00 Mn |
| Jun 30, 2025 | -127.40 Mn |
| Jun 30, 2025 | -127.40 Mn |
| Mar 31, 2025 | 42.60 Mn |
| Mar 31, 2025 | 42.60 Mn |
| Dec 31, 2024 | 149.60 Mn |
| Dec 31, 2024 | 149.60 Mn |
| Sep 30, 2024 | -6.80 Mn |
| Sep 30, 2024 | -6.80 Mn |
| Jun 30, 2024 | -128.40 Mn |
| Jun 30, 2024 | -128.40 Mn |
| Mar 31, 2024 | 11.30 Mn |
| Mar 31, 2024 | 11.30 Mn |
| Dec 31, 2023 | 98.30 Mn |
| Dec 31, 2023 | 98.30 Mn |