Black Hills (BKH) Return on Capital Employed (2010 - 2026)

Black Hills has disclosed Return on Capital Employed across 17 years of filings, most recently posting 5.55% for Q1 2026.

• In Q1 2026, Return on Capital Employed rose 469.0% year-over-year to 5.55%; the TTM figure through Mar 2026 stood at 5.55% (up 469.0% YoY), while the FY2025 annual figure was 5.54%, up 480.0% from the prior year.
• Return on Capital Employed climbed to 5.55% in Q1 2026, from 5.45% in the prior quarter.
• Over the last five years, Return on Capital Employed for BKH reached as high as 5.83% in Q4 2022 and fell as low as 0.71% in Q3 2024.
• The 5-year median for Return on Capital Employed is 5.3% (2023), against an average of 3.31%.
• Annual changes were most pronounced in 2023 — Return on Capital Employed tumbled 510 bps — and 2025, when it jumped 472 bps.
• A 5-year view of Return on Capital Employed shows it stood at 5.83% in 2022, then plunged by 87 bps to 0.74% in 2023, then gained by 0 bps to 0.74% in 2024, then jumped by 640 bps to 5.45% in 2025, then climbed by 2 bps to 5.55% in 2026.
• According to Business Quant data, Return on Capital Employed over the past three periods registered 5.55%, 5.45%, and 0.99% for Q1 2026, Q4 2025, and Q3 2025 respectively.