Black Hills Corp /Sd/ (BKH) EBITDA Margin (2009 - 2026)
Black Hills' EBITDA Margin was 38.05% in Q2 2026, up 3.36 percentage points from 34.69% a year earlier and up 2.61 percentage points from the prior quarter.
Powered by 
Analysis
Black Hills Corp /Sd/ (BKH) EBITDA Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Black Hills' EBITDA Margin was 36.70% through Jun 30, 2026, up 0.89 percentage points year-over-year; for FY2025, it came in at 35.55%, down 0.79 percentage points from FY2024.
- EBITDA Margin shows a five-year change of -2.91 percentage points (FY2020 to FY2025).
- In earlier years, EBITDA Margin was 36.34% in FY2024 (+5.05 pp), 31.29% in FY2023 (+3.62 pp), 27.67% in FY2022 (-5.44 pp) and 33.11% in FY2021 (-5.35 pp).
- Quarterly EBITDA Margin has moved between 24.29% (Q4 2022) and 39.97% (Q3 2023) over five years.
- Compared with a year earlier, EBITDA Margin was higher in four of the last eight quarters, with an average year-over-year change of +0.38 percentage points.
- The best year-over-year quarter for EBITDA Margin over five years was Q1 2024 (a gain of 10.01 percentage points); the worst was Q3 2022 (a drop of 8.14 percentage points).
- Per Business Quant data, BKH's EBITDA Margin in the three quarters before Q2 2026 was 35.44% (Q1 2026), 38.51% (Q4 2025) and 34.91% (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 38.60% |
| Mar 31, 2026 | 35.76% |
| Dec 31, 2025 | 38.90% |
| Sep 30, 2025 | 35.59% |
| Jun 30, 2025 | 35.13% |
| Mar 31, 2025 | 34.35% |
| Dec 31, 2024 | 39.21% |
| Sep 30, 2024 | 36.80% |
| Jun 30, 2024 | 34.77% |
| Mar 31, 2024 | 36.05% |
| Dec 31, 2023 | 34.70% |
| Sep 30, 2023 | 40.46% |
| Jun 30, 2023 | 31.78% |
| Mar 31, 2023 | 25.93% |
| Dec 31, 2022 | 24.59% |
| Sep 30, 2022 | 31.55% |
| Jun 30, 2022 | 29.31% |
| Mar 31, 2022 | 28.69% |
| Dec 31, 2021 | 31.68% |
| Sep 30, 2021 | 39.03% |
API Access
Black Hills Corp /Sd/ EBITDA Margin 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-margin&ticker=BKH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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-margin&ticker=BKH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();