Black Hills (BKH) Raw Materials (2019 - 2026)

Black Hills (BKH) recorded quarterly Raw Materials of $119.3 million in Q1 2026, up 1.71% quarter-over-quarter from $117.3 million in Q4 2025, and up 9.55% on a YoY basis from $108.9 million in Q1 2025.

Black Hills (BKH) Raw Materials (2019 - 2026) Analysis & Trends

Black Hills' Raw Materials history runs 8 years deep, the most recent figure standing at $119.3 million for 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 was $119.3 million for Q1 2026 at Black Hills, up from $117.3 million in the prior quarter.
  • In the past five years, Raw Materials ranged from a high of $119.3 million in Q1 2026 to a low of $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.
  • The sharpest annual moves came in 2022 and 2024: Raw Materials advanced 15.39% in 2022, then dropped 1.0% in 2024.
  • A 5-year view of Raw Materials shows it stood at $99.7 million in 2022, then gained by 6.22% to $105.9 million in 2023, then rose by 0.19% to $106.1 million in 2024, then increased by 10.56% to $117.3 million in 2025, then advanced by 1.71% to $119.3 million in 2026.
  • The last three Raw Materials figures came in at $119.3 million (Q1 2026), $117.3 million (Q4 2025), and $114.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Atmos Energy 28.34 Bn 28.21 Bn -
2 Nisource 22.33 Bn 24.52 Bn 1.83 Bn
3 Ugi 7.49 Bn 6.94 Bn 1.50 Bn
4 New Jersey Resources 5.59 Bn 5.45 Bn 826.91 Mn
5 Black Hills 5.49 Bn 5.46 Bn -
6 ONE Gas 4.93 Bn 4.91 Bn 438.14 Mn
7 Mdu Resources 4.39 Bn 4.33 Bn -
8 Centuri Holdings 3.01 Bn 2.95 Bn 35.76 Mn
9 Chesapeake Utilities 2.96 Bn 2.96 Bn 102.40 Mn
10 Brookfield Infrastructure 426.14 Mn 3.22 Bn 539.00 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 85.28 Mn