Black Hills (BKH) Gross Margin (2009 - 2020)

Black Hills (BKH) posted quarterly Gross Margin of 64.58% for Q3 2020, up 39.0% YoY from 46.46% in Q4 2019, and up 0.61% sequentially from 64.19% in Q3 2019.

Black Hills (BKH) Gross Margin (2009 - 2020) Analysis & Trends

Black Hills has disclosed Gross Margin across 12 years of filings, most recently posting 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 advanced to 64.58% in Q3 2020, from 64.19% in the prior quarter.
  • Over the last five years, Gross Margin for BKH reached as high as 100.04% in Q4 2017 and fell as low as 64.19% in Q3 2019.
  • The 5-year median for Gross Margin is 99.58% (2017), against an average of 94.57%.
  • Annual changes were most pronounced in 2017 — Gross Margin jumped 545 bps — and 2019, when it tumbled 3574 bps.
  • A 5-year view of Gross Margin shows it stood at 96.8% in 2016, then gained by 3 bps to 100.04% in 2017, then declined by 0 bps to 100.03% in 2018, then sank by 36 bps to 64.19% in 2019, then climbed by 1 bps to 64.58% in 2020.
  • According to Business Quant data, Gross Margin over the past three periods registered 64.58%, 64.19%, and 99.88% for Q3 2020, Q3 2019, and Q2 2019 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Atmos Energy 28.80 Bn 28.68 Bn - -
2 Nisource 22.46 Bn 24.65 Bn 1.83 Bn 78.93%
3 Ugi 7.39 Bn 6.84 Bn 1.50 Bn 55.79%
4 New Jersey Resources 5.67 Bn 5.53 Bn 826.91 Mn 88.02%
5 Black Hills 5.61 Bn 5.58 Bn - -
6 ONE Gas 4.80 Bn 4.77 Bn 438.14 Mn 52.68%
7 Mdu Resources 4.26 Bn 4.20 Bn - -
8 Chesapeake Utilities 2.94 Bn 2.94 Bn 102.40 Mn 41.08%
9 Centuri Holdings 2.87 Bn 2.82 Bn 35.76 Mn 4.94%
10 Rgc Resources 248.35 Mn 244.36 Mn 39.84 Mn 87.64%

Historic Data

Download Data
DateValue
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%