Black Hills BKH
NYSE BKH
$72.85 -1.34 (-1.81%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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