Black Hills (BKH) Payout Ratio (2009 - 2026)
Black Hills' (BKH) quarterly Payout Ratio came in at 1.32 in Q2 2026, down 22.17% year-over-year from 1.7 in Q2 2025, and up 231.94% quarter-over-quarter from 0.4 in Q1 2026.
Analysis
Black Hills (BKH) Payout Ratio (2009 - 2026) Analysis & Trends
Black Hills (BKH) has reported Payout Ratio for 18 consecutive years, with 1.32 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Payout Ratio fell 22.17% year-over-year to 1.32 in Q2 2026; TTM through Jun 2026 was 0.74, a 1.6% increase from a year earlier, with the FY2025 full-year figure at 0.73, up 1.12% from the prior year.
- Payout Ratio was 1.32 for Q2 2026 at Black Hills, up from 0.4 in the prior quarter.
- Over five years, Payout Ratio peaked at 1.9 in Q3 2025 and troughed at 0.32 in Q1 2022.
- A 5-year average of 0.99 and a median of 0.9 in 2023 frame the typical range for Payout Ratio.
- The widest YoY moves for Payout Ratio: up 103.2% in 2024, down 29.26% in 2024.
- Over 5 years, Payout Ratio stood at 0.54 in 2022, then soared by 74.43% to 0.94 in 2023, then decreased by 29.26% to 0.66 in 2024, then dropped by 3.93% to 0.64 in 2025, then surged by 108.1% to 1.32 in 2026.
- The last three Payout Ratio figures came in at 1.32 (Q2 2026), 0.4 (Q1 2026), and 0.64 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enel Chile | 310.56 Bn | 310.56 Bn | 890.00 Mn |
| 2 | Dominion Energy | 57.37 Bn | 56.59 Bn | 3.50 Bn |
| 3 | Xcel Energy | 47.65 Bn | 45.64 Bn | 3.12 Bn |
| 4 | Wec Energy | 34.59 Bn | 34.54 Bn | 1.45 Bn |
| 5 | Ameren | 29.37 Bn | 29.36 Bn | - |
| 6 | Firstenergy | 26.72 Bn | 26.53 Bn | 2.51 Bn |
| 7 | Hydro One | 22.94 Bn | 22.55 Bn | - |
| 8 | Edison International | 22.20 Bn | 21.96 Bn | 3.29 Bn |
| 9 | Cms Energy | 21.18 Bn | 20.93 Bn | 3.65 Bn |
| 10 | Black Hills | 5.55 Bn | 5.47 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.32 |
| Mar 31, 2026 | 0.40 |
| Dec 31, 2025 | 0.64 |
| Sep 30, 2025 | 1.90 |
| Jun 30, 2025 | 1.70 |
| Mar 31, 2025 | 0.36 |
| Dec 31, 2024 | 0.66 |
| Sep 30, 2024 | 1.76 |
| Jun 30, 2024 | 1.82 |
| Mar 31, 2024 | 0.34 |
| Dec 31, 2023 | 0.94 |
| Sep 30, 2023 | 0.87 |
| Jun 30, 2023 | 1.57 |
| Mar 31, 2023 | 0.35 |
| Dec 31, 2022 | 0.54 |
| Sep 30, 2022 | 1.11 |
| Jun 30, 2022 | 1.16 |
| Mar 31, 2022 | 0.32 |
| Dec 31, 2021 | 0.51 |
| Sep 30, 2021 | 0.81 |