Black Hills (BKH) Share-based Compensation (2009 - 2026)
Black Hills' Share-based Compensation came in at $3.2 million for Q2 2026, up 3.2% from $3.1 million a year earlier and unchanged from the prior quarter.
Black Hills (BKH) Share-based Compensation (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Black Hills reported Share-based Compensation of $12.5 million, up 14.7% year-over-year; for FY2025, it was $11.8 million, up 11.3% from FY2024.
- Share-based Compensation carries a five-year compound annual growth rate of 17.0% (FY2020 to FY2025).
- Going back by year, Share-based Compensation was $10.6 million in FY2024 (+51.4%), $7 million in FY2023 (-18.6%), $8.6 million in FY2022 (-11.3%) and $9.7 million in FY2021 (+80.5%).
- The five-year range for quarterly Share-based Compensation is $196,000 (Q2 2022) to $3.8 million (Q4 2025).
- Year-over-year, Share-based Compensation has increased for three consecutive quarters, with growth averaging 114.0% over the last eight quarters.
- The fastest year-over-year change in Share-based Compensation over five years came in Q3 2024 (growth of 833.3%), and the weakest in Q3 2023 (a decline of 89.8%).
- Business Quant data shows BKH's Share-based Compensation at $3.2 million (Q1 2026), $3.8 million (Q4 2025) and $2.3 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn | -84.00 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 | - | 12.00 Mn |
| 5 | Wec Energy | 33.06 Bn | 33.29 Bn | 1.51 Bn | - |
| 6 | Ameren | 27.51 Bn | 27.60 Bn | - | 8.00 Mn |
| 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 | - | 3.20 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.20 Mn |
| Mar 31, 2026 | 3.20 Mn |
| Dec 31, 2025 | 3.80 Mn |
| Sep 30, 2025 | 2.30 Mn |
| Jun 30, 2025 | 3.10 Mn |
| Mar 31, 2025 | 2.60 Mn |
| Dec 31, 2024 | 2.40 Mn |
| Sep 30, 2024 | 2.80 Mn |
| Jun 30, 2024 | 3.00 Mn |
| Mar 31, 2024 | 2.40 Mn |
| Dec 31, 2023 | 2.40 Mn |
| Sep 30, 2023 | 300,000.00 |
| Jun 30, 2023 | 2.50 Mn |
| Mar 31, 2023 | 1.80 Mn |
| Dec 31, 2022 | 1.82 Mn |
| Sep 30, 2022 | 2.95 Mn |
| Jun 30, 2022 | 196,000.00 |
| Mar 31, 2022 | 3.64 Mn |
| Dec 31, 2021 | 2.46 Mn |
| Sep 30, 2021 | 2.20 Mn |
Black Hills Share-based Compensation 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=share-based-compensation&ticker=BKH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "share-based-compensation", "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=share-based-compensation&ticker=BKH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();