Black Hills (BKH) Inventory Average (2009 - 2026)
Black Hills (BKH) posted quarterly Inventory Average of $159.6 million for Q1 2026, up 13.19% year-over-year from $141.0 million in Q1 2025, and down 7.59% quarter-over-quarter from $172.7 million in Q4 2025.
Black Hills (BKH) Inventory Average (2009 - 2026) Analysis & Trends
Black Hills (BKH) has reported Inventory Average for 18 consecutive years, with $159.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Inventory Average rose 13.19% year-over-year to $159.6 million; the TTM figure through Mar 2026 stood at $159.6 million (up 13.19% YoY), while the FY2025 annual figure was $163.2 million, up 3.65% from the prior year.
- Inventory Average slipped to $159.6 million in Q1 2026 per BKH's latest filing, from $172.7 million in the prior quarter.
- Across five years, Inventory Average topped out at $215.3 million in Q4 2022 and bottomed at $129.6 million in Q1 2022.
- Historically, Inventory Average has averaged $154.7 million across 5 years, with a median of $152.3 million in 2023.
- Annual changes were most pronounced in 2022 — Inventory Average jumped 45.11% — and 2023, when it declined 23.59%.
- Black Hills' Inventory Average stood at $215.3 million in 2022, then retreated by 23.59% to $164.5 million in 2023, then declined by 5.98% to $154.6 million in 2024, then grew by 11.67% to $172.7 million in 2025, then dropped by 7.59% to $159.6 million in 2026.
- Business Quant data shows BKH's Inventory Average at $159.6 million in Q1 2026, $172.7 million in Q4 2025, and $159.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (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 | 335.50 Mn |
| 4 | Black Hills | 5.62 Bn | 5.54 Bn | - | 152.35 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 | 94.83 Mn |
| 7 | Mdu Resources | 4.32 Bn | 4.27 Bn | - | 19.41 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 | 152.35 Mn |
| Mar 31, 2026 | 159.60 Mn |
| Dec 31, 2025 | 172.70 Mn |
| Sep 30, 2025 | 159.10 Mn |
| Jun 30, 2025 | 136.65 Mn |
| Mar 31, 2025 | 141.00 Mn |
| Dec 31, 2024 | 154.65 Mn |
| Sep 30, 2024 | 145.10 Mn |
| Jun 30, 2024 | 132.70 Mn |
| Mar 31, 2024 | 145.75 Mn |
| Dec 31, 2023 | 164.49 Mn |
| Sep 30, 2023 | 152.31 Mn |
| Jun 30, 2023 | 133.25 Mn |
| Mar 31, 2023 | 168.68 Mn |
| Dec 31, 2022 | 215.28 Mn |
| Sep 30, 2022 | 188.01 Mn |
| Jun 30, 2022 | 130.55 Mn |
| Mar 31, 2022 | 129.61 Mn |
| Dec 31, 2021 | 148.36 Mn |
| Sep 30, 2021 | 129.92 Mn |