Black Hills (BKH) FCF Margin (2009 - 2026)
Black Hills' (BKH) quarterly FCF Margin came in at 5.08% in Q2 2026, up 182.0% year-over-year from 1.8% in Q2 2025, and up 56.52% quarter-over-quarter from 11.68% in Q1 2026.
Powered by 
Analysis
Black Hills (BKH) FCF Margin (2009 - 2026) Analysis & Trends
Black Hills (BKH) has reported FCF Margin for 18 consecutive years, with 5.08% the latest figure, recorded in Q2 2026.
- On a quarterly basis, FCF Margin rose 182.0% year-over-year to 5.08% in Q2 2026; TTM through Jun 2026 was 13.27%, a 873.0% decrease from a year earlier, with the FY2025 full-year figure at 6.34%, down 517.0% from the prior year.
- FCF Margin was 5.08% for Q2 2026 at Black Hills, up from 11.68% in the prior quarter.
- Over five years, FCF Margin peaked at 32.53% in Q2 2023 and troughed at 25.99% in Q3 2022.
- A 5-year average of 0.48% and a median of 3.67% in 2023 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin surged 9951 bps in 2022 and tumbled 2290 bps in 2025, its largest moves.
- Over 5 years, FCF Margin stood at 6.01% in 2022, then surged by 253 bps to 9.23% in 2023, then sank by 210 bps to 10.13% in 2024, then plunged by 58 bps to 15.97% in 2025, then soared by 68 bps to 5.08% in 2026.
- The last three FCF Margin figures came in at 5.08% (Q2 2026), 11.68% (Q1 2026), and 15.97% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 309.52 Bn | 309.52 Bn | 890.00 Mn | - |
| 2 | Dominion Energy | 57.57 Bn | 56.79 Bn | 3.50 Bn | 33.21% |
| 3 | Xcel Energy | 47.48 Bn | 45.47 Bn | 3.12 Bn | -59.25% |
| 4 | Wec Energy | 34.59 Bn | 34.54 Bn | 1.45 Bn | -13.08% |
| 5 | Ameren | 29.36 Bn | 29.35 Bn | - | -14.77% |
| 6 | Firstenergy | 26.73 Bn | 26.54 Bn | 2.51 Bn | -9.68% |
| 7 | Hydro One | 22.94 Bn | 22.55 Bn | - | 21.54% |
| 8 | Edison International | 22.31 Bn | 22.07 Bn | 3.29 Bn | - |
| 9 | Cms Energy | 21.18 Bn | 20.94 Bn | 3.65 Bn | -14.89% |
| 10 | Black Hills | 5.53 Bn | 5.45 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% |