Black Hills (BKH) Inventory (2009 - 2026)
Black Hills (BKH) posted quarterly Inventory of $146.8 million for Q1 2026, up 14.6% year-over-year from $128.1 million in Q1 2025, and down 14.85% quarter-over-quarter from $172.4 million in Q4 2025.
Black Hills (BKH) Inventory (2009 - 2026) Analysis & Trends
Black Hills (BKH) has reported Inventory for 18 consecutive years, with $146.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Inventory rose 14.6% year-over-year to $146.8 million; the TTM figure through Mar 2026 stood at $146.8 million (up 14.6% YoY), while the FY2025 annual figure was $172.4 million, up 12.02% from the prior year.
- Inventory eased to $146.8 million in Q1 2026 per BKH's latest filing, from $172.4 million in the prior quarter.
- Across five years, Inventory topped out at $223.2 million in Q3 2022 and bottomed at $108.2 million in Q1 2022.
- Historically, Inventory has averaged $154.5 million across 5 years, with a median of $152.9 million in 2022.
- Annual changes were most pronounced in 2022 — Inventory surged 53.12% — and 2023, when it slipped 24.68%.
- Black Hills' Inventory stood at $207.4 million in 2022, then dropped by 22.42% to $160.9 million in 2023, then decreased by 4.35% to $153.9 million in 2024, then gained by 12.02% to $172.4 million in 2025, then decreased by 14.85% to $146.8 million in 2026.
- Business Quant data shows BKH's Inventory at $146.8 million in Q1 2026, $172.4 million in Q4 2025, and $173.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 29.11 Bn | 28.59 Bn | - | - |
| 2 | Nisource | 20.23 Bn | 20.16 Bn | 867.50 Mn | - |
| 3 | Ugi | 8.24 Bn | 7.77 Bn | 573.00 Mn | 352.00 Mn |
| 4 | Black Hills | 5.62 Bn | 5.54 Bn | - | 157.90 Mn |
| 5 | New Jersey Resources | 5.60 Bn | 5.56 Bn | 243.61 Mn | - |
| 6 | ONE Gas | 5.18 Bn | 5.15 Bn | 272.01 Mn | 96.67 Mn |
| 7 | Mdu Resources | 4.32 Bn | 4.27 Bn | - | 19.33 Mn |
| 8 | Chesapeake Utilities | 3.32 Bn | 3.30 Bn | 150.20 Mn | - |
| 9 | Brookfield Infrastructure | 2.20 Bn | 1.44 Bn | 572.00 Mn | - |
| 10 | Centuri Holdings | 2.20 Bn | 2.16 Bn | 69.14 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 157.90 Mn |
| Mar 31, 2026 | 146.80 Mn |
| Dec 31, 2025 | 172.40 Mn |
| Sep 30, 2025 | 173.00 Mn |
| Jun 30, 2025 | 145.20 Mn |
| Mar 31, 2025 | 128.10 Mn |
| Dec 31, 2024 | 153.90 Mn |
| Sep 30, 2024 | 155.40 Mn |
| Jun 30, 2024 | 134.80 Mn |
| Mar 31, 2024 | 130.60 Mn |
| Dec 31, 2023 | 160.90 Mn |
| Sep 30, 2023 | 168.08 Mn |
| Jun 30, 2023 | 136.53 Mn |
| Mar 31, 2023 | 129.96 Mn |
| Dec 31, 2022 | 207.40 Mn |
| Sep 30, 2022 | 223.16 Mn |
| Jun 30, 2022 | 152.86 Mn |
| Mar 31, 2022 | 108.23 Mn |
| Dec 31, 2021 | 150.98 Mn |
| Sep 30, 2021 | 145.74 Mn |