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

Black Hills has disclosed Equity Ratio across 18 years of filings, most recently posting 0.37 for Q1 2026.

• In Q1 2026, Equity Ratio rose 0.74% year-over-year to 0.37; the TTM figure through Mar 2026 stood at 0.37 (up 0.74% YoY), while the FY2025 annual figure was 0.35, down 1.66% from the prior year.
• Equity Ratio improved to 0.37 in Q1 2026, from 0.35 in the prior quarter.
• Over the last five years, Equity Ratio for BKH reached as high as 0.37 in Q3 2025 and fell as low as 0.32 in Q3 2022.
• The 5-year median for Equity Ratio is 0.34 (2023), against an average of 0.35.
• Annual changes were most pronounced in 2024 — Equity Ratio grew 10.75% — and 2025, when it fell 1.66%.
• A 5-year view of Equity Ratio shows it stood at 0.32 in 2022, then advanced by 6.96% to 0.34 in 2023, then advanced by 4.1% to 0.36 in 2024, then fell by 1.66% to 0.35 in 2025, then gained by 5.8% to 0.37 in 2026.
• According to Business Quant data, Equity Ratio over the past three periods registered 0.37, 0.35, and 0.37 for Q1 2026, Q4 2025, and Q3 2025 respectively.