Black Hills (BKH) Construction in Progress (2010 - 2025)
Black Hills (BKH) posted quarterly Construction in Progress of $13.8 million for Q4 2025, down 94.68% year-over-year from $259.4 million in Q4 2024, and down 94.68% quarter-over-quarter from $259.4 million in Q4 2024.
Black Hills (BKH) Construction in Progress (2010 - 2025) Analysis & Trends
Black Hills (BKH) has reported Construction in Progress for 15 consecutive years, with $13.8 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Construction in Progress fell 94.68% year-over-year to $13.8 million; the TTM figure through Dec 2025 stood at $13.8 million (down 94.68% YoY), while the FY2025 annual figure was $13.8 million, down 94.68% from the prior year.
- Construction in Progress declined to $13.8 million in Q4 2025 per BKH's latest filing, from $259.4 million in the prior quarter.
- Across five years, Construction in Progress topped out at $259.4 million in Q4 2024 and bottomed at $13.8 million in Q4 2025.
- Historically, Construction in Progress has averaged $146.2 million across 5 years, with a median of $153.0 million in 2022.
- Annual changes were most pronounced in 2021 — Construction in Progress soared 169.9% — and 2025, when it plunged 94.68%.
- Black Hills' Construction in Progress stood at $181.5 million in 2021, then declined by 15.68% to $153.0 million in 2022, then dropped by 19.54% to $123.1 million in 2023, then soared by 110.72% to $259.4 million in 2024, then slumped by 94.68% to $13.8 million in 2025.
- Business Quant data shows BKH's Construction in Progress at $13.8 million in Q4 2025, $259.4 million in Q4 2024, and $123.1 million in Q4 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 29.11 Bn | 28.58 Bn | - | - |
| 2 | Nisource | 20.21 Bn | 20.14 Bn | 867.50 Mn | - |
| 3 | Ugi | 8.27 Bn | 7.79 Bn | 573.00 Mn | - |
| 4 | Black Hills | 5.61 Bn | 5.53 Bn | - | - |
| 5 | New Jersey Resources | 5.59 Bn | 5.55 Bn | 243.61 Mn | 216.61 Mn |
| 6 | ONE Gas | 5.17 Bn | 5.14 Bn | 272.01 Mn | - |
| 7 | Mdu Resources | 4.31 Bn | 4.27 Bn | - | - |
| 8 | Chesapeake Utilities | 3.32 Bn | 3.30 Bn | 150.20 Mn | 376.60 Mn |
| 9 | Centuri Holdings | 2.23 Bn | 2.18 Bn | 69.14 Mn | - |
| 10 | Brookfield Infrastructure | 2.21 Bn | 1.44 Bn | 572.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 13.80 Mn |
| Dec 31, 2024 | 259.40 Mn |
| Dec 31, 2023 | 123.10 Mn |
| Dec 31, 2022 | 153.00 Mn |
| Dec 31, 2021 | 181.45 Mn |
| Dec 31, 2020 | 67.23 Mn |
| Dec 31, 2019 | 102.27 Mn |
| Dec 31, 2017 | 44.44 Mn |
| Dec 31, 2016 | 1.30 Mn |
| Dec 31, 2015 | 11.85 Mn |
| Dec 31, 2014 | 49.70 Mn |
| Dec 31, 2013 | 203.76 Mn |
| Dec 31, 2012 | 3.88 Mn |
| Dec 31, 2011 | 288.76 Mn |
| Dec 31, 2010 | 234.99 Mn |