Black Hills (BKH) Debt Ratio (2009 - 2026)

Black Hills has disclosed Debt Ratio across 18 years of filings, most recently posting 0.39 for Q1 2026.

• In Q1 2026, Debt Ratio fell 1.61% year-over-year to 0.39; the TTM figure through Mar 2026 stood at 0.39 (down 1.61% YoY), while the FY2025 annual figure was 0.43, down 1.12% from the prior year.
• Debt Ratio fell to 0.39 in Q1 2026, from 0.43 in the prior quarter.
• Over the last five years, Debt Ratio for BKH reached as high as 0.5 in Q3 2022 and fell as low as 0.39 in Q1 2026.
• The 5-year median for Debt Ratio is 0.43 (2022), against an average of 0.43.
• Annual changes were most pronounced in 2022 — Debt Ratio gained 7.23% — and 2024, when it declined 11.46%.
• A 5-year view of Debt Ratio shows it stood at 0.43 in 2022, then rose by 6.21% to 0.46 in 2023, then decreased by 4.39% to 0.44 in 2024, then decreased by 1.12% to 0.43 in 2025, then fell by 9.29% to 0.39 in 2026.
• According to Business Quant data, Debt Ratio over the past three periods registered 0.39, 0.43, and 0.42 for Q1 2026, Q4 2025, and Q3 2025 respectively.