Black Hills (BKH) Invested Capital (2009 - 2026)

Black Hills (BKH) has reported Invested Capital for 18 consecutive years, with $8.5 billion the latest figure, recorded in Q2 2026.

• On a quarterly basis, Invested Capital rose 5.21% year-over-year to $8.5 billion in Q2 2026; TTM through Jun 2026 was $8.5 billion, a 5.21% increase from a year earlier, with the FY2025 full-year figure at $8.6 billion, up 6.29% from the prior year.
• Invested Capital was $8.5 billion for Q2 2026 at Black Hills, down from $8.7 billion in the prior quarter.
• Over five years, Invested Capital peaked at $8.7 billion in Q1 2026 and troughed at $7.7 billion in Q1 2023.
• A 5-year average of $8.1 billion and a median of $8.1 billion in 2025 frame the typical range for Invested Capital.
• Across the five-year window, Invested Capital fell 4.52% in 2024 and gained 8.13% in 2026, its largest moves.
• Over 5 years, Invested Capital stood at $7.8 billion in 2022, then declined by 0.71% to $7.7 billion in 2023, then grew by 5.05% to $8.1 billion in 2024, then rose by 6.29% to $8.6 billion in 2025, then declined by 1.1% to $8.5 billion in 2026.
• The last three Invested Capital figures came in at $8.5 billion (Q2 2026), $8.7 billion (Q1 2026), and $8.6 billion (Q4 2025), per Business Quant data.