Black Hills (BKH) Construction in Progress (2010 - 2025)

Black Hills (BKH) recorded quarterly Construction in Progress of $270.1 million in Q4 2025, up 4.12% quarter-over-quarter from $259.4 million in Q4 2024, and up 4.12% on a YoY basis from $259.4 million in Q4 2024.

Black Hills (BKH) Construction in Progress (2010 - 2025) Analysis & Trends

Black Hills' Construction in Progress history runs 15 years deep, the most recent figure standing at $270.1 million for Q4 2025.

  • In Q4 2025, Construction in Progress rose 4.12% year-over-year to $270.1 million; the TTM figure through Dec 2025 stood at $270.1 million (up 4.12% YoY), while the FY2025 annual figure was $270.1 million, up 4.12% from the prior year.
  • Construction in Progress was $270.1 million for Q4 2025 at Black Hills, up from $259.4 million in the prior quarter.
  • In the past five years, Construction in Progress ranged from a high of $270.1 million in Q4 2025 to a low of $13.7 million in Q4 2022.
  • Historically, Construction in Progress has averaged $140.8 million across 5 years, with a median of $123.1 million in 2023.
  • The sharpest annual moves came in 2022 and 2023: Construction in Progress tumbled 63.81% in 2022, then soared 798.54% in 2023.
  • A 5-year view of Construction in Progress shows it stood at $37.9 million in 2021, then sank by 63.81% to $13.7 million in 2022, then surged by 798.54% to $123.1 million in 2023, then jumped by 110.72% to $259.4 million in 2024, then gained by 4.12% to $270.1 million in 2025.
  • The last three Construction in Progress figures came in at $270.1 million (Q4 2025), $259.4 million (Q4 2024), and $123.1 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (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 -
4 New Jersey Resources 5.59 Bn 5.45 Bn 826.91 Mn 278.05 Mn
5 Black Hills 5.49 Bn 5.46 Bn - -
6 ONE Gas 4.93 Bn 4.91 Bn 438.14 Mn -
7 Mdu Resources 4.39 Bn 4.33 Bn - -
8 Centuri Holdings 3.01 Bn 2.95 Bn 35.76 Mn -
9 Chesapeake Utilities 2.96 Bn 2.96 Bn 102.40 Mn 320.50 Mn
10 Brookfield Infrastructure 426.14 Mn 3.22 Bn 539.00 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 270.10 Mn
Dec 31, 2024 259.40 Mn
Dec 31, 2023 123.10 Mn
Dec 31, 2022 13.70 Mn
Dec 31, 2021 37.86 Mn
Dec 31, 2020 95.27 Mn
Dec 31, 2019 23.33 Mn
Dec 31, 2017 44.44 Mn
Dec 31, 2016 1.30 Mn
Dec 31, 2015 96.50 Mn
Dec 31, 2014 49.70 Mn
Dec 31, 2013 11.65 Mn
Dec 31, 2012 1.32 Mn
Dec 31, 2011 930,000.00
Dec 31, 2010 2.50 Mn