Black Hills Corp /Sd/ (BKH) Debt Ratio (2009 - 2026)
Black Hills' Debt Ratio was 0.41 in Q2 2026, down 6.1% from 0.43 a year earlier and down 5.4% from the prior quarter.
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Analysis
Black Hills Corp /Sd/ (BKH) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Black Hills came in at 0.43, down 1.1% from FY2024.
- Debt Ratio has now declined for four consecutive years.
- In earlier years, Debt Ratio was 0.44 in FY2024 (-4.4%), 0.46 in FY2023 (-5.7%), 0.49 in FY2022 (-2.5%) and 0.50 in FY2021 (+6.8%).
- The Q2 2026 figure marks the lowest quarterly Debt Ratio since Q3 2015.
- Compared with a year earlier, Debt Ratio was higher in 1 of the last eight quarters, with an average decline of 5.1%.
- The best year-over-year quarter for Debt Ratio over five years was Q3 2021 (growth of 8.2%); the worst was Q3 2024 (a decline of 11.5%).
- Per Business Quant data, BKH's Debt Ratio in the three quarters before Q2 2026 was 0.43 (Q1 2026), 0.43 (Q4 2025) and 0.42 (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.41 |
| Mar 31, 2026 | 0.43 |
| Dec 31, 2025 | 0.43 |
| Sep 30, 2025 | 0.42 |
| Jun 30, 2025 | 0.43 |
| Mar 31, 2025 | 0.43 |
| Dec 31, 2024 | 0.44 |
| Sep 30, 2024 | 0.44 |
| Jun 30, 2024 | 0.48 |
| Mar 31, 2024 | 0.45 |
| Dec 31, 2023 | 0.46 |
| Sep 30, 2023 | 0.50 |
| Jun 30, 2023 | 0.48 |
| Mar 31, 2023 | 0.47 |
| Dec 31, 2022 | 0.49 |
| Sep 30, 2022 | 0.50 |
| Jun 30, 2022 | 0.49 |
| Mar 31, 2022 | 0.49 |
| Dec 31, 2021 | 0.50 |
| Sep 30, 2021 | 0.50 |
API Access
Black Hills Corp /Sd/ Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=BKH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "BKH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=BKH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();