Black Hills (BKH) Free Cash Flow (2009 - 2026)

Black Hills' Free Cash Flow history runs 18 years deep, the most recent figure standing at $88.5 million for Q1 2026.

• In Q1 2026, Free Cash Flow fell 37.23% year-over-year to $88.5 million; the TTM figure through Mar 2026 stood at -$198.9 million (down 437.69% YoY), while the FY2025 annual figure was -$146.4 million, down 487.95% from the prior year.
• Free Cash Flow was $88.5 million for Q1 2026 at Black Hills, up from -$530.0 million in the prior quarter.
• In the past five years, Free Cash Flow ranged from a high of $380.5 million in Q3 2024 to a low of -$530.0 million in Q4 2025.
• Historically, Free Cash Flow has averaged $48.9 million across 5 years, with a median of $73.9 million in 2022.
• Biggest YoY gain for Free Cash Flow was 511.58% in 2023; the steepest drop was 525.17% in 2023.
• A 5-year view of Free Cash Flow shows it stood at $73.9 million in 2022, then sank by 525.17% to -$314.2 million in 2023, then sank by 67.73% to -$527.0 million in 2024, then slipped by 0.57% to -$530.0 million in 2025, then jumped by 116.7% to $88.5 million in 2026.
• The last three Free Cash Flow figures came in at $88.5 million (Q1 2026), -$530.0 million (Q4 2025), and $45.7 million (Q3 2025), per Business Quant data.