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
DateValue
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