Black Hills (BKH) Interest Coverage Ratio (2009 - 2026)

Black Hills (BKH) posted quarterly Interest Coverage Ratio of 3.89 for Q1 2026, down 2.65% YoY from 4.0 in Q1 2025, and up 30.05% sequentially from 2.99 in Q4 2025.

Black Hills (BKH) Interest Coverage Ratio (2009 - 2026) Analysis & Trends

Black Hills has disclosed Interest Coverage Ratio across 18 years of filings, most recently posting 3.89 for Q1 2026.

  • In Q1 2026, Interest Coverage Ratio fell 2.65% year-over-year to 3.89; the TTM figure through Mar 2026 stood at 2.55 (up 513.25% YoY), while the FY2025 annual figure was 2.6, up 654.62% from the prior year.
  • Interest Coverage Ratio advanced to 3.89 in Q1 2026, from 2.99 in the prior quarter.
  • Over the last five years, Interest Coverage Ratio for BKH reached as high as 4.47 in Q1 2022 and fell as low as 5.66 in Q4 2023.
  • The 5-year median for Interest Coverage Ratio is 1.96 (2022), against an average of 1.73.
  • Annual changes were most pronounced in 2023 — Interest Coverage Ratio sank 292.3% — and 2025, when it surged 155.3%.
  • A 5-year view of Interest Coverage Ratio shows it stood at 2.94 in 2022, then slumped by 292.3% to 5.66 in 2023, then climbed by 4.47% to 5.41 in 2024, then surged by 155.3% to 2.99 in 2025, then jumped by 30.05% to 3.89 in 2026.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods registered 3.89, 2.99, and 1.56 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Atmos Energy 28.80 Bn 28.68 Bn - 15.69
2 Nisource 22.46 Bn 24.65 Bn 1.83 Bn 4.28
3 Ugi 7.39 Bn 6.84 Bn 1.50 Bn 6.83
4 New Jersey Resources 5.67 Bn 5.53 Bn 826.91 Mn 8.61
5 Black Hills 5.61 Bn 5.58 Bn - 3.89
6 ONE Gas 4.80 Bn 4.77 Bn 438.14 Mn 5.86
7 Mdu Resources 4.26 Bn 4.20 Bn - 3.54
8 Chesapeake Utilities 2.94 Bn 2.94 Bn 102.40 Mn 5.32
9 Centuri Holdings 2.87 Bn 2.82 Bn 35.76 Mn -
10 Rgc Resources 248.35 Mn 244.36 Mn 39.84 Mn 7.12

Historic Data

Download Data
DateValue
Mar 31, 2026 3.89
Dec 31, 2025 2.99
Sep 30, 2025 1.56
Jun 30, 2025 1.66
Mar 31, 2025 4.00
Dec 31, 2024 -5.41
Sep 30, 2024 1.68
Jun 30, 2024 1.66
Mar 31, 2024 4.20
Dec 31, 2023 -5.66
Sep 30, 2023 2.20
Jun 30, 2023 1.47
Mar 31, 2023 3.97
Dec 31, 2022 2.94
Sep 30, 2022 1.96
Jun 30, 2022 1.85
Mar 31, 2022 4.47
Dec 31, 2021 2.92
Sep 30, 2021 2.33
Jun 30, 2021 1.74