Black Hills (BKH) FCF Payout Ratio (2009 - 2026)
Black Hills (BKH) posted quarterly FCF Payout Ratio of 0.58 for Q1 2026, down 268.92% year-over-year from 0.34 in Q1 2025, and down 1184.72% quarter-over-quarter from 0.05 in Q4 2025.
Black Hills (BKH) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Black Hills (BKH) has reported FCF Payout Ratio for 18 consecutive years, with 0.58 the latest figure, recorded in Q1 2026.
- In Q1 2026, FCF Payout Ratio fell 268.92% year-over-year to 0.58; the TTM figure through Mar 2026 stood at 0.04 (down 109.8% YoY), while the FY2025 annual figure was 0.07, down 123.47% from the prior year.
- FCF Payout Ratio eased to 0.58 in Q1 2026 per BKH's latest filing, from 0.05 in the prior quarter.
- Across five years, FCF Payout Ratio topped out at 1.24 in Q4 2024 and bottomed at 12.65 in Q3 2023.
- Historically, FCF Payout Ratio has averaged 0.7 across 5 years, with a median of 0.03 in 2024.
- Annual changes were most pronounced in 2022 — FCF Payout Ratio surged 1718.37% — and 2023, when it plunged 24300.88%.
- Black Hills' FCF Payout Ratio stood at 0.31 in 2022, then jumped by 37.61% to 0.19 in 2023, then surged by 745.51% to 1.24 in 2024, then tumbled by 103.66% to 0.05 in 2025, then slumped by 1184.72% to 0.58 in 2026.
- Business Quant data shows BKH's FCF Payout Ratio at 0.58 in Q1 2026, 0.05 in Q4 2025, and 0.24 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 29.11 Bn | 28.58 Bn | - | -0.42 |
| 2 | Nisource | 20.21 Bn | 20.14 Bn | 867.50 Mn | -0.06 |
| 3 | Ugi | 8.27 Bn | 7.79 Bn | 573.00 Mn | 5.00 |
| 4 | Black Hills | 5.61 Bn | 5.53 Bn | - | -2.33 |
| 5 | New Jersey Resources | 5.59 Bn | 5.55 Bn | 243.61 Mn | -1.58 |
| 6 | ONE Gas | 5.17 Bn | 5.14 Bn | 272.01 Mn | 1.14 |
| 7 | Mdu Resources | 4.31 Bn | 4.27 Bn | - | 1.93 |
| 8 | Chesapeake Utilities | 3.32 Bn | 3.30 Bn | 150.20 Mn | -0.61 |
| 9 | Centuri Holdings | 2.23 Bn | 2.18 Bn | 69.14 Mn | - |
| 10 | Brookfield Infrastructure | 2.21 Bn | 1.44 Bn | 572.00 Mn | 0.48 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -2.33 |
| Mar 31, 2026 | -0.58 |
| Dec 31, 2025 | -0.05 |
| Sep 30, 2025 | 0.24 |
| Jun 30, 2025 | 0.25 |
| Mar 31, 2025 | 0.34 |
| Dec 31, 2024 | 1.24 |
| Sep 30, 2024 | -0.69 |
| Jun 30, 2024 | 0.43 |
| Mar 31, 2024 | 0.03 |
| Dec 31, 2023 | -0.19 |
| Sep 30, 2023 | -12.65 |
| Jun 30, 2023 | -0.24 |
| Mar 31, 2023 | 0.20 |
| Dec 31, 2022 | -0.31 |
| Sep 30, 2022 | 0.05 |
| Jun 30, 2022 | -0.18 |
| Mar 31, 2022 | 0.17 |
| Dec 31, 2021 | 0.08 |
| Sep 30, 2021 | -0.58 |