Black Hills (BKH) Inventory Average (2009 - 2026)

Black Hills (BKH) recorded quarterly Inventory Average of $159.6 million in Q1 2026, down 7.59% quarter-over-quarter from $172.7 million in Q4 2025, and up 13.19% on a YoY basis from $141.0 million in Q1 2025.

Black Hills (BKH) Inventory Average (2009 - 2026) Analysis & Trends

Black Hills' Inventory Average history runs 18 years deep, the most recent figure standing at $159.6 million for 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 was $159.6 million for Q1 2026 at Black Hills, down from $172.7 million in the prior quarter.
  • In the past five years, Inventory Average ranged from a high of $215.3 million in Q4 2022 to a low of $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.
  • The sharpest annual moves came in 2022 and 2023: Inventory Average surged 45.11% in 2022, then fell 23.59% in 2023.
  • A 5-year view of Inventory Average shows it stood at $215.3 million in 2022, then decreased by 23.59% to $164.5 million in 2023, then fell by 5.98% to $154.6 million in 2024, then increased by 11.67% to $172.7 million in 2025, then declined by 7.59% to $159.6 million in 2026.
  • The last three Inventory Average figures came in at $159.6 million (Q1 2026), $172.7 million (Q4 2025), and $159.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory Avg. (Qtr)
1 Atmos Energy 28.34 Bn 28.21 Bn - -
2 Nisource 22.33 Bn 24.52 Bn 1.83 Bn -
3 Ugi 7.49 Bn 6.94 Bn 1.50 Bn 355.50 Mn
4 New Jersey Resources 5.59 Bn 5.45 Bn 826.91 Mn -
5 Black Hills 5.49 Bn 5.46 Bn - 159.60 Mn
6 ONE Gas 4.93 Bn 4.91 Bn 438.14 Mn 95.29 Mn
7 Mdu Resources 4.39 Bn 4.33 Bn - 29.27 Mn
8 Centuri Holdings 3.01 Bn 2.95 Bn 35.76 Mn -
9 Chesapeake Utilities 2.96 Bn 2.96 Bn 102.40 Mn -
10 Brookfield Infrastructure 426.14 Mn 3.22 Bn 539.00 Mn -

Historic Data

Download Data
DateValue
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
Jun 30, 2021 108.35 Mn