KPIs & Operating Metrics(New)
Growth Metrics

Black Hills (BKH) Debt Ratio (2016 - 2026)

Black Hills has reported Debt Ratio over the past 17 years, most recently at 0.43 for Q4 2025.

  • For Q4 2025, Debt Ratio fell 1.0% year-over-year to 0.43; the TTM value through Dec 2025 reached 0.43, down 1.0%, while the annual FY2025 figure was 0.43, 1.0% down from the prior year.
  • Debt Ratio for Q4 2025 was 0.43 at Black Hills, up from 0.41 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.5 in Q3 2022 and troughed at 0.39 in Q1 2024.
  • A 5-year average of 0.44 and a median of 0.43 in 2022 define the central range for Debt Ratio.
  • Biggest five-year swings in Debt Ratio: increased 11.81% in 2022 and later dropped 12.41% in 2024.
  • Year by year, Debt Ratio stood at 0.45 in 2021, then dropped by 4.72% to 0.43 in 2022, then decreased by 8.11% to 0.4 in 2023, then increased by 10.51% to 0.44 in 2024, then decreased by 1.0% to 0.43 in 2025.
  • Business Quant data shows Debt Ratio for BKH at 0.43 in Q4 2025, 0.41 in Q3 2025, and 0.4 in Q2 2025.