KPIs & Operating Metrics(New)
Growth Metrics

Black Hills (BKH) Equity Ratio (2016 - 2026)

Black Hills has reported Equity Ratio over the past 17 years, most recently at 0.36 for Q4 2025.

  • For Q4 2025, Equity Ratio rose 2.85% year-over-year to 0.36; the TTM value through Dec 2025 reached 0.36, up 2.85%, while the annual FY2025 figure was 0.36, 2.85% up from the prior year.
  • Equity Ratio for Q4 2025 was 0.36 at Black Hills, down from 0.36 in the prior quarter.
  • Over five years, Equity Ratio peaked at 0.37 in Q1 2025 and troughed at 0.31 in Q1 2021.
  • A 5-year average of 0.34 and a median of 0.34 in 2024 define the central range for Equity Ratio.
  • Biggest five-year swings in Equity Ratio: decreased 8.66% in 2021 and later increased 10.75% in 2024.
  • Year by year, Equity Ratio stood at 0.32 in 2021, then grew by 1.62% to 0.32 in 2022, then rose by 6.96% to 0.34 in 2023, then rose by 1.67% to 0.35 in 2024, then rose by 2.85% to 0.36 in 2025.
  • Business Quant data shows Equity Ratio for BKH at 0.36 in Q4 2025, 0.36 in Q3 2025, and 0.37 in Q2 2025.