KPIs & Operating Metrics(New)
Growth Metrics

Black Hills (BKH) EBT Margin (2016 - 2026)

Black Hills has reported EBT Margin over the past 17 years, most recently at 19.81% for Q4 2025.

  • For Q4 2025, EBT Margin rose 75.0% year-over-year to 19.81%; the TTM value through Dec 2025 reached 14.87%, down 17.0%, while the annual FY2025 figure was 14.87%, 17.0% down from the prior year.
  • EBT Margin for Q4 2025 was 19.81% at Black Hills, up from 6.95% in the prior quarter.
  • Over five years, EBT Margin peaked at 20.44% in Q1 2024 and troughed at 4.98% in Q2 2023.
  • A 5-year average of 12.53% and a median of 13.58% in 2021 define the central range for EBT Margin.
  • On a YoY basis, EBT Margin climbed as much as 610bps in 2024 and fell as far as -651bps in 2024.
  • Year by year, EBT Margin stood at 13.36% in 2021, then fell by -19bps to 10.79% in 2022, then soared by 46bps to 15.7% in 2023, then grew by 21bps to 19.06% in 2024, then grew by 4bps to 19.81% in 2025.
  • Business Quant data shows EBT Margin for BKH at 19.81% in Q4 2025, 6.95% in Q3 2025, and 7.56% in Q2 2025.