Black Hills (BKH) Raw Materials (2019 - 2026)
Black Hills' Raw Materials came in at $122.7 million for Q2 2026, up 8.2% from $113.4 million a year earlier and up 2.8% from the prior quarter.
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Analysis
Black Hills (BKH) Raw Materials (2019 - 2026) Analysis & Trends
At the end of FY2025, Black Hills' Raw Materials was $117.3 million, up 10.6% from FY2024.
- Raw Materials has increased in each of the last six years, with a five-year compound annual growth rate of 6.6% (FY2020 to FY2025).
- Going back by year, Raw Materials was $106.1 million in FY2024 (+0.2%), $105.9 million in FY2023 (+6.2%), $99.7 million in FY2022 (+15.4%) and $86.4 million in FY2021 (+1.3%).
- The Q2 2026 figure represents the highest quarterly Raw Materials in data going back to Q4 2019.
- Year-over-year, Raw Materials has increased for seven consecutive quarters, with growth averaging 6.1% over the last eight quarters.
- The fastest year-over-year change in Raw Materials over five years came in Q4 2022 (growth of 15.4%), and the weakest in Q3 2021 (a decline of 8.0%).
- Business Quant data shows BKH's Raw Materials at $119.3 million (Q1 2026), $117.3 million (Q4 2025) and $114.1 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn |
| 2 | National Grid | 78.23 Bn | 59.76 Bn | - |
| 3 | Dominion Energy | 53.03 Bn | 55.71 Bn | - |
| 4 | Xcel Energy | 43.33 Bn | 38.23 Bn | - |
| 5 | Wec Energy | 33.06 Bn | 33.29 Bn | 1.51 Bn |
| 6 | Ameren | 27.51 Bn | 27.60 Bn | - |
| 7 | Fortis | 26.94 Bn | 27.43 Bn | 1.60 Bn |
| 8 | Atmos Energy | 26.53 Bn | 25.30 Bn | 870.85 Mn |
| 9 | American Water Works Company | 25.62 Bn | 25.03 Bn | - |
| 10 | Black Hills | 5.32 Bn | 5.02 Bn | - |
Historic Data
Download Data
Historic 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 |
API Access
Black Hills Raw Materials API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=raw-materials&ticker=BKH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "raw-materials", "ticker": "BKH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=raw-materials&ticker=BKH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();