Black Hills (BKH) EBITDA (2009 - 2026)
Black Hills' EBITDA was $172.3 million in Q2 2026, up 13.1% from $152.3 million a year earlier but down 37.7% from the prior quarter.
Powered by 
Analysis
Black Hills (BKH) EBITDA (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Black Hills' EBITDA was $843.9 million through Jun 30, 2026, up 5.1% year-over-year; for FY2025, it was $821.3 million, up 6.2% from FY2024.
- EBITDA has now increased for four consecutive years, with a five-year compound annual growth rate of 4.7% (FY2020 to FY2025).
- In earlier years, EBITDA was $773.2 million in FY2024 (+6.0%), $729.5 million in FY2023 (+3.3%), $706.1 million in FY2022 (+9.4%) and $645.4 million in FY2021 (-1.1%).
- Quarterly EBITDA has moved between $128.2 million (Q2 2023) and $276.7 million (Q1 2026) over five years.
- Compared with a year earlier, EBITDA has increased for seven straight quarters, with growth averaging 5.5% over the last eight quarters.
- The best year-over-year quarter for EBITDA over five years was Q1 2022 (growth of 19.5%); the worst was Q3 2024 (a decline of 10.8%).
- Per Business Quant data, BKH's EBITDA in the three quarters before Q2 2026 was $276.7 million (Q1 2026), $244.7 million (Q4 2025) and $150.2 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 299.49 Bn | 296.88 Bn | - | - |
| 2 | Nextera Energy | 179.92 Bn | 166.66 Bn | - | 4.28 Bn |
| 3 | Southern | 105.56 Bn | 96.61 Bn | 5.92 Bn | 3.37 Bn |
| 4 | Duke Energy | 99.44 Bn | 95.69 Bn | 5.66 Bn | 3.87 Bn |
| 5 | National Grid | 82.69 Bn | 64.32 Bn | - | - |
| 6 | American Electric Power | 68.52 Bn | 66.31 Bn | 4.75 Bn | 2.84 Bn |
| 7 | Dominion Energy | 59.67 Bn | 57.66 Bn | - | 1.02 Bn |
| 8 | Entergy | 52.06 Bn | 38.50 Bn | - | 2.16 Bn |
| 9 | Sempra | 51.32 Bn | 50.45 Bn | 2.89 Bn | 1.14 Bn |
| 10 | Black Hills | 6.52 Bn | 6.22 Bn | - | 176.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 176.30 Mn |
| Jun 30, 2026 | 174.80 Mn |
| Mar 31, 2026 | 279.20 Mn |
| Dec 31, 2025 | 247.20 Mn |
| Sep 30, 2025 | 153.10 Mn |
| Jun 30, 2025 | 154.20 Mn |
| Mar 31, 2025 | 276.60 Mn |
| Dec 31, 2024 | 234.10 Mn |
| Sep 30, 2024 | 147.80 Mn |
| Jun 30, 2024 | 140.00 Mn |
| Mar 31, 2024 | 261.90 Mn |
| Dec 31, 2023 | 205.30 Mn |
| Sep 30, 2023 | 164.70 Mn |
| Jun 30, 2023 | 130.70 Mn |
| Mar 31, 2023 | 238.90 Mn |
| Dec 31, 2022 | 194.64 Mn |
| Sep 30, 2022 | 145.98 Mn |
| Jun 30, 2022 | 139.00 Mn |
| Mar 31, 2022 | 236.29 Mn |
| Dec 31, 2021 | 178.18 Mn |
API Access
Black Hills EBITDA 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=ebitda&ticker=BKH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=BKH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();