Black Hills (BKH) Gross Margin (2009 - 2020)
Black Hills (BKH) recorded quarterly Gross Margin of 64.58% in Q3 2020, up 0.61% quarter-over-quarter from 64.19% in Q3 2019, and up 39.0% on a YoY basis from 46.46% in Q4 2019.
Black Hills (BKH) Gross Margin (2009 - 2020) Analysis & Trends
Black Hills' Gross Margin history runs 12 years deep, the most recent figure standing at 64.58% for Q3 2020.
- In Q3 2020, Gross Margin rose 39.0% year-over-year to 64.58%; the TTM figure through Sep 2020 stood at 80.78% (down 1256.0% YoY), while the FY2018 annual figure was 99.9%, up 24.0% from the prior year.
- Gross Margin was 64.58% for Q3 2020 at Black Hills, up from 64.19% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 100.04% in Q4 2017 to a low of 64.19% in Q3 2019.
- Historically, Gross Margin has averaged 94.57% across 5 years, with a median of 99.58% in 2017.
- The sharpest annual moves came in 2017 and 2019: Gross Margin surged 545 bps in 2017, then slumped 3574 bps in 2019.
- A 5-year view of Gross Margin shows it stood at 96.8% in 2016, then climbed by 3 bps to 100.04% in 2017, then retreated by 0 bps to 100.03% in 2018, then sank by 36 bps to 64.19% in 2019, then increased by 1 bps to 64.58% in 2020.
- The last three Gross Margin figures came in at 64.58% (Q3 2020), 64.19% (Q3 2019), and 99.88% (Q2 2019), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.34 Bn | 28.21 Bn | - | - |
| 2 | Nisource | 22.33 Bn | 24.52 Bn | 1.83 Bn | 78.93% |
| 3 | Ugi | 7.49 Bn | 6.94 Bn | 1.50 Bn | 55.79% |
| 4 | New Jersey Resources | 5.59 Bn | 5.45 Bn | 826.91 Mn | 88.02% |
| 5 | Black Hills | 5.49 Bn | 5.46 Bn | - | - |
| 6 | ONE Gas | 4.93 Bn | 4.91 Bn | 438.14 Mn | 52.68% |
| 7 | Mdu Resources | 4.39 Bn | 4.33 Bn | - | - |
| 8 | Centuri Holdings | 3.01 Bn | 2.95 Bn | 35.76 Mn | 4.94% |
| 9 | Chesapeake Utilities | 2.96 Bn | 2.96 Bn | 102.40 Mn | 41.08% |
| 10 | Brookfield Infrastructure | 426.14 Mn | 3.22 Bn | 539.00 Mn | 60.97% |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2020 | 64.58% |
| Sep 30, 2019 | 64.19% |
| Jun 30, 2019 | 99.88% |
| Mar 31, 2019 | 99.93% |
| Dec 31, 2018 | 100.03% |
| Sep 30, 2018 | 99.93% |
| Jun 30, 2018 | 99.85% |
| Mar 31, 2018 | 99.74% |
| Dec 31, 2017 | 100.04% |
| Sep 30, 2017 | 99.70% |
| Jun 30, 2017 | 99.39% |
| Mar 31, 2017 | 99.47% |
| Dec 31, 2016 | 96.80% |
| Sep 30, 2016 | 97.92% |
| Jun 30, 2016 | 97.62% |
| Mar 31, 2016 | 94.01% |
| Dec 31, 2015 | 96.79% |
| Sep 30, 2015 | 99.13% |
| Jun 30, 2015 | 99.65% |
| Mar 31, 2015 | 99.99% |