Black Hills (BKH) Payables (2009 - 2026)
Black Hills (BKH) posted quarterly Payables of $463.0 million for Q1 2026, up 67.33% year-over-year from $276.7 million in Q1 2025, and up 48.54% quarter-over-quarter from $311.7 million in Q4 2025.
Black Hills (BKH) Payables (2009 - 2026) Analysis & Trends
Black Hills (BKH) has reported Payables for 18 consecutive years, with $463.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Payables rose 67.33% year-over-year to $463.0 million; the TTM figure through Mar 2026 stood at $463.0 million (up 67.33% YoY), while the FY2025 annual figure was $311.7 million, down 14.11% from the prior year.
- Payables grew to $463.0 million in Q1 2026 per BKH's latest filing, from $311.7 million in the prior quarter.
- Across five years, Payables topped out at $845.6 million in Q4 2022 and bottomed at $126.2 million in Q3 2023.
- Historically, Payables has averaged $272.1 million across 5 years, with a median of $190.5 million in 2022.
- Annual changes were most pronounced in 2022 — Payables surged 285.77% — and 2023, when it plunged 77.96%.
- Black Hills' Payables stood at $845.6 million in 2022, then slumped by 77.96% to $186.4 million in 2023, then jumped by 94.69% to $362.9 million in 2024, then slipped by 14.11% to $311.7 million in 2025, then soared by 48.54% to $463.0 million in 2026.
- Business Quant data shows BKH's Payables at $463.0 million in Q1 2026, $311.7 million in Q4 2025, and $224.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.89 Bn | 28.37 Bn | - | 436.66 Mn |
| 2 | Nisource | 20.09 Bn | 20.02 Bn | 867.50 Mn | 1.98 Bn |
| 3 | Ugi | 8.16 Bn | 7.68 Bn | 573.00 Mn | 769.00 Mn |
| 4 | Black Hills | 5.61 Bn | 5.53 Bn | - | 365.20 Mn |
| 5 | New Jersey Resources | 5.56 Bn | 5.52 Bn | 243.61 Mn | - |
| 6 | ONE Gas | 5.16 Bn | 5.13 Bn | 272.01 Mn | 881.75 Mn |
| 7 | Mdu Resources | 4.30 Bn | 4.25 Bn | - | 140.19 Mn |
| 8 | Chesapeake Utilities | 3.30 Bn | 3.29 Bn | 150.20 Mn | 349.40 Mn |
| 9 | Centuri Holdings | 2.21 Bn | 2.17 Bn | 69.14 Mn | 162.34 Mn |
| 10 | Brookfield Infrastructure | 2.20 Bn | 1.44 Bn | 572.00 Mn | 1.17 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 365.20 Mn |
| Mar 31, 2026 | 463.00 Mn |
| Dec 31, 2025 | 311.70 Mn |
| Sep 30, 2025 | 224.30 Mn |
| Jun 30, 2025 | 182.50 Mn |
| Mar 31, 2025 | 276.70 Mn |
| Dec 31, 2024 | 362.90 Mn |
| Sep 30, 2024 | 153.80 Mn |
| Jun 30, 2024 | 155.20 Mn |
| Mar 31, 2024 | 132.60 Mn |
| Dec 31, 2023 | 186.40 Mn |
| Sep 30, 2023 | 126.23 Mn |
| Jun 30, 2023 | 133.62 Mn |
| Mar 31, 2023 | 173.22 Mn |
| Dec 31, 2022 | 845.60 Mn |
| Sep 30, 2022 | 192.62 Mn |
| Jun 30, 2022 | 190.45 Mn |
| Mar 31, 2022 | 514.58 Mn |
| Dec 31, 2021 | 219.20 Mn |
| Sep 30, 2021 | 145.60 Mn |