Black Hills (BKH) Retained Earnings (2009 - 2026)
Black Hills (BKH) posted quarterly Retained Earnings of $2.5 billion for Q1 2026, up 84.25% year-over-year from $1.3 billion in Q1 2025, and up 83.14% quarter-over-quarter from $1.3 billion in Q4 2025.
Black Hills (BKH) Retained Earnings (2009 - 2026) Analysis & Trends
Black Hills (BKH) has reported Retained Earnings for 18 consecutive years, with $2.5 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Retained Earnings rose 84.25% year-over-year to $2.5 billion; the TTM figure through Mar 2026 stood at $2.5 billion (up 84.25% YoY), while the FY2025 annual figure was $1.3 billion, up 14386.17% from the prior year.
- Retained Earnings rose to $2.5 billion in Q1 2026 per BKH's latest filing, from $1.3 billion in the prior quarter.
- Across five years, Retained Earnings topped out at $2.5 billion in Q1 2026 and bottomed at -$22.8 million in Q2 2022.
- Historically, Retained Earnings has averaged $706.9 million across 5 years, with a median of -$9.4 million in 2024.
- Annual changes were most pronounced in 2024 — Retained Earnings plunged 100.81% — and 2025, when it soared 14386.17%.
- Black Hills' Retained Earnings stood at -$15.6 million in 2022, then surged by 7524.36% to $1.2 billion in 2023, then slumped by 100.81% to -$9.4 million in 2024, then jumped by 14386.17% to $1.3 billion in 2025, then jumped by 83.14% to $2.5 billion in 2026.
- Business Quant data shows BKH's Retained Earnings at $2.5 billion in Q1 2026, $1.3 billion in Q4 2025, and $1.3 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.94 Bn | 28.41 Bn | - | 5.59 Bn |
| 2 | Nisource | 20.10 Bn | 20.03 Bn | 867.50 Mn | -196.20 Mn |
| 3 | Ugi | 8.16 Bn | 7.69 Bn | 573.00 Mn | 3.78 Bn |
| 4 | Black Hills | 5.61 Bn | 5.53 Bn | - | 2.47 Bn |
| 5 | New Jersey Resources | 5.56 Bn | 5.52 Bn | 243.61 Mn | 1.66 Bn |
| 6 | ONE Gas | 5.16 Bn | 5.13 Bn | 272.01 Mn | 2.54 Bn |
| 7 | Mdu Resources | 4.31 Bn | 4.26 Bn | - | 1.15 Bn |
| 8 | Chesapeake Utilities | 3.30 Bn | 3.28 Bn | 150.20 Mn | 676.70 Mn |
| 9 | Centuri Holdings | 2.22 Bn | 2.18 Bn | 69.14 Mn | 1.01 Bn |
| 10 | Brookfield Infrastructure | 2.20 Bn | 1.43 Bn | 572.00 Mn | 24.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.47 Bn |
| Mar 31, 2026 | 2.46 Bn |
| Dec 31, 2025 | 1.34 Bn |
| Sep 30, 2025 | 1.29 Bn |
| Jun 30, 2025 | 1.31 Bn |
| Mar 31, 2025 | 1.33 Bn |
| Dec 31, 2024 | -9.40 Mn |
| Sep 30, 2024 | -10.60 Mn |
| Jun 30, 2024 | 1.22 Bn |
| Mar 31, 2024 | 2.04 Bn |
| Dec 31, 2023 | 1.16 Bn |
| Sep 30, 2023 | -12.90 Mn |
| Jun 30, 2023 | -13.30 Mn |
| Mar 31, 2023 | -14.40 Mn |
| Dec 31, 2022 | -15.60 Mn |
| Sep 30, 2022 | -20.39 Mn |
| Jun 30, 2022 | -22.82 Mn |
| Mar 31, 2022 | -20.08 Mn |
| Dec 31, 2021 | -20.10 Mn |
| Sep 30, 2021 | -19.17 Mn |