Black Hills (BKH) FCF Margin (2009 - 2026)
Black Hills (BKH) posted FCF Margin of -5.08% for Q2 2026, up 1.82 percentage points from -6.90% a year earlier and up 6.60 percentage points from the prior quarter.
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Analysis
Black Hills (BKH) FCF Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, FCF Margin at Black Hills was -13.27%, down 8.73 percentage points year-over-year; for FY2025, it came in at -6.34%, down 5.17 percentage points from FY2024.
- Annual FCF Margin shows a five-year change of +6.95 percentage points (FY2020 to FY2025).
- In prior years, Black Hills' FCF Margin was -1.17% in FY2024 (-17.85 pp), 16.68% in FY2023 (+17.45 pp), -0.77% in FY2022 (+37.31 pp) and -38.07% in FY2021 (-24.78 pp).
- The Q2 2026 figure stands as the highest quarterly FCF Margin since Q1 2025.
- On a year-over-year basis, FCF Margin increased in three of the last eight quarters, with an average year-over-year change of -10.55 percentage points.
- The strongest year-over-year quarter for FCF Margin in the past five years was Q1 2022, with a gain of 99.51 percentage points; the weakest was Q2 2025, with a drop of 22.90 percentage points.
- According to Business Quant data, FCF Margin for the three prior quarters was -11.68% (Q1 2026), -15.97% (Q4 2025) and -20.80% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn | - |
| 2 | National Grid | 78.23 Bn | 59.76 Bn | - | - |
| 3 | Dominion Energy | 53.03 Bn | 55.71 Bn | - | -26.81% |
| 4 | Xcel Energy | 43.33 Bn | 38.23 Bn | - | -59.25% |
| 5 | Wec Energy | 33.06 Bn | 33.29 Bn | 1.51 Bn | -13.08% |
| 6 | Ameren | 27.51 Bn | 27.60 Bn | - | -14.77% |
| 7 | Fortis | 26.94 Bn | 27.43 Bn | 1.60 Bn | 93.14% |
| 8 | Atmos Energy | 26.53 Bn | 25.30 Bn | 870.85 Mn | -45.44% |
| 9 | American Water Works Company | 25.62 Bn | 25.03 Bn | - | -19.04% |
| 10 | Black Hills | 5.32 Bn | 5.02 Bn | - | -5.08% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -5.08% |
| Mar 31, 2026 | -11.68% |
| Dec 31, 2025 | -15.97% |
| Sep 30, 2025 | -20.80% |
| Jun 30, 2025 | -6.90% |
| Mar 31, 2025 | 9.30% |
| Dec 31, 2024 | -10.13% |
| Sep 30, 2024 | -21.41% |
| Jun 30, 2024 | 16.00% |
| Mar 31, 2024 | 7.87% |
| Dec 31, 2023 | 9.23% |
| Sep 30, 2023 | -2.26% |
| Jun 30, 2023 | 32.53% |
| Mar 31, 2023 | 22.75% |
| Dec 31, 2022 | -6.01% |
| Sep 30, 2022 | -25.99% |
| Jun 30, 2022 | 4.40% |
| Mar 31, 2022 | 15.46% |
| Dec 31, 2021 | -17.69% |
| Sep 30, 2021 | -19.17% |
API Access
Black Hills FCF 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=fcf-margin&ticker=BKH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=BKH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();