KPIs & Operating Metrics(New)
Growth Metrics

Black Hills (BKH) Invested Capital (2016 - 2025)

Black Hills has reported Invested Capital over the past 17 years, most recently at $8.6 billion for Q4 2025.

  • Quarterly results put Invested Capital at $8.6 billion for Q4 2025, up 13.84% from a year ago — trailing twelve months through Dec 2025 was $8.6 billion (up 13.84% YoY), and the annual figure for FY2025 was $8.6 billion, up 13.84%.
  • Invested Capital for Q4 2025 was $8.6 billion at Black Hills, up from $8.0 billion in the prior quarter.
  • Over the last five years, Invested Capital for BKH hit a ceiling of $8.6 billion in Q4 2025 and a floor of $6.3 billion in Q1 2021.
  • Median Invested Capital over the past 5 years was $7.6 billion (2024), compared with a mean of $7.5 billion.
  • Biggest five-year swings in Invested Capital: dropped 3.16% in 2022 and later rose 15.19% in 2023.
  • Black Hills' Invested Capital stood at $7.5 billion in 2021, then fell by 3.16% to $7.2 billion in 2022, then increased by 6.71% to $7.7 billion in 2023, then fell by 1.9% to $7.6 billion in 2024, then grew by 13.84% to $8.6 billion in 2025.
  • The last three reported values for Invested Capital were $8.6 billion (Q4 2025), $8.0 billion (Q3 2025), and $8.0 billion (Q2 2025) per Business Quant data.