Black Hills (BKH) Raw Materials (2019 - 2026)
Black Hills (BKH) posted quarterly Raw Materials of $119.3 million for Q1 2026, up 9.55% year-over-year from $108.9 million in Q1 2025, and up 1.71% quarter-over-quarter from $117.3 million in Q4 2025.
Black Hills (BKH) Raw Materials (2019 - 2026) Analysis & Trends
Black Hills (BKH) has reported Raw Materials for 8 consecutive years, with $119.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Raw Materials rose 9.55% year-over-year to $119.3 million; the TTM figure through Mar 2026 stood at $119.3 million (up 9.55% YoY), while the FY2025 annual figure was $117.3 million, up 10.56% from the prior year.
- Raw Materials advanced to $119.3 million in Q1 2026 per BKH's latest filing, from $117.3 million in the prior quarter.
- Across five years, Raw Materials topped out at $119.3 million in Q1 2026 and bottomed at $91.7 million in Q2 2022.
- Historically, Raw Materials has averaged $105.2 million across 5 years, with a median of $104.9 million in 2023.
- Annual changes were most pronounced in 2022 — Raw Materials gained 15.39% — and 2024, when it slipped 1.0%.
- Black Hills' Raw Materials stood at $99.7 million in 2022, then rose by 6.22% to $105.9 million in 2023, then increased by 0.19% to $106.1 million in 2024, then grew by 10.56% to $117.3 million in 2025, then gained by 1.71% to $119.3 million in 2026.
- Business Quant data shows BKH's Raw Materials at $119.3 million in Q1 2026, $117.3 million in Q4 2025, and $114.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Atmos Energy | 28.89 Bn | 28.37 Bn | - |
| 2 | Nisource | 20.09 Bn | 20.02 Bn | 867.50 Mn |
| 3 | Ugi | 8.16 Bn | 7.68 Bn | 573.00 Mn |
| 4 | Black Hills | 5.61 Bn | 5.53 Bn | - |
| 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 |
| 7 | Mdu Resources | 4.30 Bn | 4.25 Bn | - |
| 8 | Chesapeake Utilities | 3.30 Bn | 3.29 Bn | 150.20 Mn |
| 9 | Centuri Holdings | 2.21 Bn | 2.17 Bn | 69.14 Mn |
| 10 | Brookfield Infrastructure | 2.20 Bn | 1.44 Bn | 572.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 122.70 Mn |
| Mar 31, 2026 | 119.30 Mn |
| Dec 31, 2025 | 117.30 Mn |
| Sep 30, 2025 | 114.10 Mn |
| Jun 30, 2025 | 113.40 Mn |
| Mar 31, 2025 | 108.90 Mn |
| Dec 31, 2024 | 106.10 Mn |
| Sep 30, 2024 | 103.90 Mn |
| Jun 30, 2024 | 103.20 Mn |
| Mar 31, 2024 | 107.40 Mn |
| Dec 31, 2023 | 105.90 Mn |
| Sep 30, 2023 | 104.95 Mn |
| Jun 30, 2023 | 101.85 Mn |
| Mar 31, 2023 | 102.33 Mn |
| Dec 31, 2022 | 99.70 Mn |
| Sep 30, 2022 | 95.39 Mn |
| Jun 30, 2022 | 91.74 Mn |
| Mar 31, 2022 | 92.22 Mn |
| Dec 31, 2021 | 86.40 Mn |
| Sep 30, 2021 | 85.61 Mn |