Black Hills (BKH) Share-based Compensation (2009 - 2026)

Black Hills (BKH) recorded quarterly Share-based Compensation of $3.2 million in Q1 2026, down 15.79% quarter-over-quarter from $3.8 million in Q4 2025, and up 23.08% on a YoY basis from $2.6 million in Q1 2025.

Black Hills (BKH) Share-based Compensation (2009 - 2026) Analysis & Trends

Black Hills' Share-based Compensation history runs 18 years deep, the most recent figure standing at $3.2 million for Q1 2026.

  • In Q1 2026, Share-based Compensation rose 23.08% year-over-year to $3.2 million; the TTM figure through Mar 2026 stood at $12.4 million (up 14.81% YoY), while the FY2025 annual figure was $11.8 million, up 11.32% from the prior year.
  • Share-based Compensation was $3.2 million for Q1 2026 at Black Hills, down from $3.8 million in the prior quarter.
  • In the past five years, Share-based Compensation ranged from a high of $3.8 million in Q4 2025 to a low of $196000.0 in Q2 2022.
  • Historically, Share-based Compensation has averaged $2.4 million across 5 years, with a median of $2.5 million in 2023.
  • Biggest YoY gain for Share-based Compensation was 1175.51% in 2023; the steepest drop was 89.81% in 2023.
  • A 5-year view of Share-based Compensation shows it stood at $1.8 million in 2022, then soared by 31.8% to $2.4 million in 2023, then changed by 0.0% to $2.4 million in 2024, then jumped by 58.33% to $3.8 million in 2025, then dropped by 15.79% to $3.2 million in 2026.
  • The last three Share-based Compensation figures came in at $3.2 million (Q1 2026), $3.8 million (Q4 2025), and $2.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Share-based Compensation (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 - 3.20 Mn
6 ONE Gas 4.93 Bn 4.91 Bn 438.14 Mn 3.84 Mn
7 Mdu Resources 4.39 Bn 4.33 Bn - 1.93 Mn
8 Centuri Holdings 3.01 Bn 2.95 Bn 35.76 Mn 2.23 Mn
9 Chesapeake Utilities 2.96 Bn 2.96 Bn 102.40 Mn 100,000.00
10 Brookfield Infrastructure 426.14 Mn 3.22 Bn 539.00 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 3.20 Mn
Mar 31, 2026 3.20 Mn
Dec 31, 2025 3.80 Mn
Dec 31, 2025 3.80 Mn
Sep 30, 2025 2.30 Mn
Sep 30, 2025 2.30 Mn
Jun 30, 2025 3.10 Mn
Jun 30, 2025 3.10 Mn
Mar 31, 2025 2.60 Mn
Mar 31, 2025 2.60 Mn
Dec 31, 2024 2.40 Mn
Dec 31, 2024 2.40 Mn
Sep 30, 2024 2.80 Mn
Sep 30, 2024 2.80 Mn
Jun 30, 2024 3.00 Mn
Jun 30, 2024 3.00 Mn
Mar 31, 2024 2.40 Mn
Mar 31, 2024 2.40 Mn
Dec 31, 2023 2.40 Mn
Dec 31, 2023 2.40 Mn