Black Hills BKH
NYSE BKH
$72.85 -1.34 (-1.81%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Black Hills' (BKH) quarterly Free Cash Flow came in at -$23.0 million in Q2 2026, up 24.09% year-over-year from -$18.5 million in Q2 2025, and up 74.78% quarter-over-quarter from -$91.2 million in Q1 2026.

Analysis

Black Hills (BKH) Free Cash Flow (2009 - 2026) Analysis & Trends

Black Hills (BKH) has reported Free Cash Flow for 18 consecutive years, with -$23.0 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Free Cash Flow rose 24.09% year-over-year to -$23.0 million in Q2 2026; TTM through Jun 2026 was -$305.2 million, a 199.51% decrease from a year earlier, with the FY2025 full-year figure at -$146.4 million, down 487.95% from the prior year.
  • Free Cash Flow was -$23.0 million for Q2 2026 at Black Hills, up from -$91.2 million in the prior quarter.
  • Over five years, Free Cash Flow peaked at $209.6 million in Q1 2023 and troughed at -$120.2 million in Q3 2022.
  • A 5-year average of $4.6 million and a median of -$16.1 million in 2023 frame the typical range for Free Cash Flow.
  • Across the five-year window, Free Cash Flow surged 540.65% in 2023 and tumbled 834.78% in 2024, its largest moves.
  • Over 5 years, Free Cash Flow stood at -$47.6 million in 2022, then surged by 214.74% to $54.6 million in 2023, then tumbled by 210.81% to -$60.5 million in 2024, then slumped by 67.77% to -$101.5 million in 2025, then soared by 77.34% to -$23.0 million in 2026.
  • The last three Free Cash Flow figures came in at -$23.0 million (Q2 2026), -$91.2 million (Q1 2026), and -$101.5 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Enel Chile 310.56 Bn 310.56 Bn 890.00 Mn -
2 Dominion Energy 57.37 Bn 56.59 Bn 3.50 Bn 1.49 Bn
3 Xcel Energy 47.65 Bn 45.64 Bn 3.12 Bn -1.85 Bn
4 Wec Energy 34.59 Bn 34.54 Bn 1.45 Bn -269.70 Mn
5 Ameren 29.37 Bn 29.36 Bn - -309.00 Mn
6 Firstenergy 26.72 Bn 26.53 Bn 2.51 Bn -356.00 Mn
7 Hydro One 22.94 Bn 22.55 Bn - 495.93 Mn
8 Edison International 22.20 Bn 21.96 Bn 3.29 Bn -
9 Cms Energy 21.18 Bn 20.93 Bn 3.65 Bn -679.00 Mn
10 Black Hills 5.55 Bn 5.47 Bn - -23.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -23.00 Mn
Mar 31, 2026 -91.20 Mn
Dec 31, 2025 -101.50 Mn
Sep 30, 2025 -89.50 Mn
Jun 30, 2025 -30.30 Mn
Mar 31, 2025 74.90 Mn
Dec 31, 2024 -60.50 Mn
Sep 30, 2024 -86.00 Mn
Jun 30, 2024 64.40 Mn
Mar 31, 2024 57.20 Mn
Dec 31, 2023 54.60 Mn
Sep 30, 2023 -9.20 Mn
Jun 30, 2023 133.80 Mn
Mar 31, 2023 209.60 Mn
Dec 31, 2022 -47.59 Mn
Sep 30, 2022 -120.24 Mn
Jun 30, 2022 20.89 Mn
Mar 31, 2022 127.34 Mn
Dec 31, 2021 -99.49 Mn
Sep 30, 2021 -72.96 Mn