Black Hills (BKH) Gross Margin (2010 - 2020)
Black Hills (BKH) posted quarterly Gross Margin of 79.32% for Q3 2020, up 1513.0% year-over-year from 4.92% in Q4 2019, and up 23.57% quarter-over-quarter from 64.19% in Q3 2019.
Black Hills (BKH) Gross Margin (2010 - 2020) Analysis & Trends
Black Hills (BKH) has reported Gross Margin for 11 consecutive years, with 79.32% the latest figure, recorded in Q3 2020.
- In Q3 2020, Gross Margin rose 1513.0% year-over-year to 79.32%; the TTM figure through Sep 2020 stood at 83.8% (down 953.0% YoY), while the FY2018 annual figure was 99.9%, up 24.0% from the prior year.
- Gross Margin rose to 79.32% in Q3 2020 per BKH's latest filing, from 64.19% in the prior quarter.
- Across five years, Gross Margin topped out at 100.04% in Q4 2017 and bottomed at 64.19% in Q3 2019.
- Historically, Gross Margin has averaged 95.49% across 5 years, with a median of 99.58% in 2017.
- Annual changes were most pronounced in 2019 — Gross Margin sank 3574 bps — and 2020, when it jumped 1513 bps.
- Black Hills' Gross Margin stood at 96.8% in 2016, then advanced by 3 bps to 100.04% in 2017, then fell by 0 bps to 100.03% in 2018, then plunged by 36 bps to 64.19% in 2019, then advanced by 24 bps to 79.32% in 2020.
- Business Quant data shows BKH's Gross Margin at 79.32% in Q3 2020, 64.19% in Q3 2019, and 99.88% in Q2 2019.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 29.11 Bn | 28.59 Bn | - | - |
| 2 | Nisource | 20.23 Bn | 20.16 Bn | 867.50 Mn | 64.62% |
| 3 | Ugi | 8.24 Bn | 7.77 Bn | 573.00 Mn | 43.05% |
| 4 | Black Hills | 5.62 Bn | 5.54 Bn | - | - |
| 5 | New Jersey Resources | 5.60 Bn | 5.56 Bn | 243.61 Mn | 69.77% |
| 6 | ONE Gas | 5.18 Bn | 5.15 Bn | 272.01 Mn | 66.08% |
| 7 | Mdu Resources | 4.32 Bn | 4.27 Bn | - | - |
| 8 | Chesapeake Utilities | 3.32 Bn | 3.30 Bn | 150.20 Mn | 74.39% |
| 9 | Brookfield Infrastructure | 2.20 Bn | 1.44 Bn | 572.00 Mn | 60.85% |
| 10 | Centuri Holdings | 2.20 Bn | 2.16 Bn | 69.14 Mn | 7.19% |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2020 | 79.32% |
| 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% |