Black Hills (BKH) Intangibles (2009 - 2026)
Black Hills' Intangibles came in at $5.6 million for Q2 2026, down 20.0% from $7 million a year earlier and down 3.4% from the prior quarter.
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Analysis
Black Hills (BKH) Intangibles (2009 - 2026) Analysis & Trends
At the end of FY2025, Black Hills' Intangibles was $6.4 million, down 15.8% from FY2024.
- Intangibles has declined in each of the last seven years, with a five-year compound annual growth rate of -11.7% (FY2020 to FY2025).
- Going back by year, Intangibles was $7.6 million in FY2024 (-9.5%), $8.4 million in FY2023 (-12.5%), $9.6 million in FY2022 (-11.1%) and $10.8 million in FY2021 (-9.2%).
- The Q2 2026 figure represents the lowest quarterly Intangibles since Q4 2015.
- Year-over-year, Intangibles has declined for 27 consecutive quarters, with an average decline of 14.6% over the last eight quarters.
- Across the past five years, year-over-year decline in Intangibles ran from 9.2% in Q4 2021 to 20.5% in Q1 2026.
- Business Quant data shows BKH's Intangibles at $5.8 million (Q1 2026), $6.4 million (Q4 2025) and $6.7 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 299.49 Bn | 296.88 Bn | - | 292.79 Mn |
| 2 | Nextera Energy | 179.92 Bn | 166.66 Bn | - | - |
| 3 | Southern | 105.56 Bn | 96.61 Bn | 5.92 Bn | - |
| 4 | Duke Energy | 99.44 Bn | 95.69 Bn | 5.66 Bn | - |
| 5 | National Grid | 82.69 Bn | 64.32 Bn | - | 5.11 Bn |
| 6 | American Electric Power | 68.52 Bn | 66.31 Bn | 4.75 Bn | - |
| 7 | Dominion Energy | 59.67 Bn | 57.66 Bn | - | - |
| 8 | Entergy | 52.06 Bn | 38.50 Bn | - | - |
| 9 | Sempra | 51.32 Bn | 50.45 Bn | 2.89 Bn | - |
| 10 | Black Hills | 6.52 Bn | 6.22 Bn | - | 5.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.40 Mn |
| Jun 30, 2026 | 5.60 Mn |
| Mar 31, 2026 | 5.80 Mn |
| Dec 31, 2025 | 6.40 Mn |
| Sep 30, 2025 | 6.70 Mn |
| Jun 30, 2025 | 7.00 Mn |
| Mar 31, 2025 | 7.30 Mn |
| Dec 31, 2024 | 7.60 Mn |
| Sep 30, 2024 | 7.90 Mn |
| Jun 30, 2024 | 8.10 Mn |
| Mar 31, 2024 | 8.40 Mn |
| Dec 31, 2023 | 8.40 Mn |
| Sep 30, 2023 | 8.71 Mn |
| Jun 30, 2023 | 9.00 Mn |
| Mar 31, 2023 | 9.30 Mn |
| Dec 31, 2022 | 9.60 Mn |
| Sep 30, 2022 | 9.88 Mn |
| Jun 30, 2022 | 10.18 Mn |
| Mar 31, 2022 | 10.47 Mn |
| Dec 31, 2021 | 10.80 Mn |
API Access
Black Hills Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=intangibles&ticker=BKH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "ticker": "BKH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=intangibles&ticker=BKH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();