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| 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% |