Black Hills (BKH) Change in Receivables (2010 - 2026)
Black Hills (BKH) recorded quarterly Change in Receivables of -$20.5 million in Q1 2026, down 115.1% quarter-over-quarter from $135.8 million in Q4 2025, and down 148.12% on a YoY basis from $42.6 million in Q1 2025.
Black Hills (BKH) Change in Receivables (2010 - 2026) Analysis & Trends
Black Hills' Change in Receivables history runs 17 years deep, the most recent figure standing at -$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 was -$20.5 million for Q1 2026 at Black Hills, down from $135.8 million in the prior quarter.
- In the past five years, Change in Receivables ranged from a high of $248.8 million in Q4 2022 to a low of -$238.1 million in Q2 2023.
- Historically, Change in Receivables has averaged $1.8 million across 5 years, with a median of -$6.8 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Change in Receivables soared 514.2% in 2022, then tumbled 316.71% in 2023.
- 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 jumped by 52.19% to $149.6 million in 2024, then fell by 9.22% to $135.8 million in 2025, then tumbled by 115.1% to -$20.5 million in 2026.
- The last three Change in Receivables figures came in at -$20.5 million (Q1 2026), $135.8 million (Q4 2025), and -$6.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (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 | 99.00 Mn |
| 4 | New Jersey Resources | 5.59 Bn | 5.45 Bn | 826.91 Mn | -41.66 Mn |
| 5 | Black Hills | 5.49 Bn | 5.46 Bn | - | -20.50 Mn |
| 6 | ONE Gas | 4.93 Bn | 4.91 Bn | 438.14 Mn | -53.58 Mn |
| 7 | Mdu Resources | 4.39 Bn | 4.33 Bn | - | -33.04 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 | 11.30 Mn |
| 10 | Brookfield Infrastructure | 426.14 Mn | 3.22 Bn | 539.00 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 |