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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 299.49 Bn | 296.88 Bn | - | - |
| 2 | Nextera Energy | 179.92 Bn | 166.66 Bn | - | 32.94% |
| 3 | Southern | 105.56 Bn | 96.61 Bn | 5.92 Bn | -9.19% |
| 4 | Duke Energy | 99.44 Bn | 95.69 Bn | 5.66 Bn | -18.34% |
| 5 | National Grid | 82.69 Bn | 64.32 Bn | - | - |
| 6 | American Electric Power | 68.52 Bn | 66.31 Bn | 4.75 Bn | -32.70% |
| 7 | Dominion Energy | 59.67 Bn | 57.66 Bn | - | -26.83% |
| 8 | Entergy | 52.06 Bn | 38.50 Bn | - | -10.94% |
| 9 | Sempra | 51.32 Bn | 50.45 Bn | 2.89 Bn | -30.63% |
| 10 | Black Hills | 6.52 Bn | 6.22 Bn | - | -21.28% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -21.28% |
| 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% |
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_KEY
import 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();