Black Hills (BKH) Enterprise Value (2009 - 2026)
Black Hills (BKH) posted quarterly Enterprise Value of -$31.4 million for Q1 2026, down 368.66% year-over-year from $11.7 million in Q1 2025, and up 83.51% quarter-over-quarter from -$190.4 million in Q4 2025.
Black Hills (BKH) Enterprise Value (2009 - 2026) Analysis & Trends
Black Hills (BKH) has reported Enterprise Value for 18 consecutive years, with -$31.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Enterprise Value fell 368.66% year-over-year to -$31.4 million; the TTM figure through Mar 2026 stood at -$31.4 million (down 368.66% YoY), while the FY2025 annual figure was -$190.4 million, down 713.68% from the prior year.
- Enterprise Value climbed to -$31.4 million in Q1 2026 per BKH's latest filing, from -$190.4 million in the prior quarter.
- Across five years, Enterprise Value topped out at -$6.7 million in Q1 2025 and bottomed at -$631.7 million in Q2 2024.
- Historically, Enterprise Value has averaged -$120.3 million across 5 years, with a median of -$29.1 million in 2025.
- Annual changes were most pronounced in 2023 — Enterprise Value tumbled 3719.9% — and 2025, when it jumped 97.5%.
- Black Hills' Enterprise Value stood at -$27.0 million in 2022, then plunged by 244.44% to -$93.0 million in 2023, then soared by 74.84% to -$23.4 million in 2024, then plunged by 713.68% to -$190.4 million in 2025, then jumped by 83.51% to -$31.4 million in 2026.
- Business Quant data shows BKH's Enterprise Value at -$31.4 million in Q1 2026, -$190.4 million in Q4 2025, and -$29.1 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.89 Bn | 28.37 Bn | - | -525.81 Mn |
| 2 | Nisource | 20.09 Bn | 20.02 Bn | 867.50 Mn | 2.25 Bn |
| 3 | Ugi | 8.16 Bn | 7.68 Bn | 573.00 Mn | -467.00 Mn |
| 4 | Black Hills | 5.61 Bn | 5.53 Bn | - | -79.50 Mn |
| 5 | New Jersey Resources | 5.56 Bn | 5.52 Bn | 243.61 Mn | -40.65 Mn |
| 6 | ONE Gas | 5.16 Bn | 5.13 Bn | 272.01 Mn | -30.57 Mn |
| 7 | Mdu Resources | 4.30 Bn | 4.25 Bn | - | -46.27 Mn |
| 8 | Chesapeake Utilities | 3.30 Bn | 3.29 Bn | 150.20 Mn | -19.10 Mn |
| 9 | Centuri Holdings | 2.21 Bn | 2.17 Bn | 69.14 Mn | -33.88 Mn |
| 10 | Brookfield Infrastructure | 2.20 Bn | 1.44 Bn | 572.00 Mn | 2.57 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -79.50 Mn |
| Mar 31, 2026 | -31.40 Mn |
| Dec 31, 2025 | -190.40 Mn |
| Sep 30, 2025 | -29.10 Mn |
| Jun 30, 2025 | -15.80 Mn |
| Mar 31, 2025 | -6.70 Mn |
| Dec 31, 2024 | -23.40 Mn |
| Sep 30, 2024 | -19.60 Mn |
| Jun 30, 2024 | -631.70 Mn |
| Mar 31, 2024 | -129.70 Mn |
| Dec 31, 2023 | -93.00 Mn |
| Sep 30, 2023 | -594.42 Mn |
| Jun 30, 2023 | -158.55 Mn |
| Mar 31, 2023 | -39.52 Mn |
| Dec 31, 2022 | -27.00 Mn |
| Sep 30, 2022 | -15.56 Mn |
| Jun 30, 2022 | -15.36 Mn |
| Mar 31, 2022 | -23.71 Mn |
| Dec 31, 2021 | -13.29 Mn |
| Sep 30, 2021 | -22.50 Mn |