Black Hills (BKH) Share-based Compensation (2009 - 2026)
Black Hills (BKH) posted quarterly Share-based Compensation of $3.2 million for Q1 2026, up 146.15% year-over-year from $1.3 million in Q1 2025, and up 113.33% quarter-over-quarter from $1.5 million in Q4 2025.
Black Hills (BKH) Share-based Compensation (2009 - 2026) Analysis & Trends
Black Hills (BKH) has reported Share-based Compensation for 18 consecutive years, with $3.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Share-based Compensation rose 146.15% year-over-year to $3.2 million; the TTM figure through Mar 2026 stood at $10.2 million (up 56.92% YoY), while the FY2025 annual figure was $14.9 million, up 14.62% from the prior year.
- Share-based Compensation rose to $3.2 million in Q1 2026 per BKH's latest filing, from $1.5 million in the prior quarter.
- Across five years, Share-based Compensation topped out at $5.2 million in Q2 2022 and bottomed at $400000.0 in Q4 2024.
- Historically, Share-based Compensation has averaged $2.4 million across 5 years, with a median of $2.4 million in 2023.
- Annual changes were most pronounced in 2022 — Share-based Compensation surged 538.54% — and 2024, when it sank 84.62%.
- Black Hills' Share-based Compensation stood at $4.8 million in 2022, then sank by 46.07% to $2.6 million in 2023, then tumbled by 84.62% to $400000.0 in 2024, then soared by 275.0% to $1.5 million in 2025, then jumped by 113.33% to $3.2 million in 2026.
- Business Quant data shows BKH's Share-based Compensation at $3.2 million in Q1 2026, $1.5 million in Q4 2025, and $2.8 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 29.11 Bn | 28.58 Bn | - | - |
| 2 | Nisource | 20.21 Bn | 20.14 Bn | 867.50 Mn | - |
| 3 | Ugi | 8.27 Bn | 7.79 Bn | 573.00 Mn | - |
| 4 | Black Hills | 5.61 Bn | 5.53 Bn | - | 3.20 Mn |
| 5 | New Jersey Resources | 5.59 Bn | 5.55 Bn | 243.61 Mn | 39,000.00 |
| 6 | ONE Gas | 5.17 Bn | 5.14 Bn | 272.01 Mn | 4.12 Mn |
| 7 | Mdu Resources | 4.31 Bn | 4.27 Bn | - | - |
| 8 | Chesapeake Utilities | 3.32 Bn | 3.30 Bn | 150.20 Mn | 700,000.00 |
| 9 | Centuri Holdings | 2.23 Bn | 2.18 Bn | 69.14 Mn | 4.08 Mn |
| 10 | Brookfield Infrastructure | 2.21 Bn | 1.44 Bn | 572.00 Mn | 690.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.20 Mn |
| Jun 30, 2026 | 3.20 Mn |
| Mar 31, 2026 | 3.20 Mn |
| Mar 31, 2026 | 3.20 Mn |
| Dec 31, 2025 | 1.50 Mn |
| Dec 31, 2025 | 1.50 Mn |
| Sep 30, 2025 | 2.80 Mn |
| Sep 30, 2025 | 2.80 Mn |
| Jun 30, 2025 | 2.70 Mn |
| Jun 30, 2025 | 2.70 Mn |
| Mar 31, 2025 | 1.30 Mn |
| Mar 31, 2025 | 1.30 Mn |
| Dec 31, 2024 | 400,000.00 |
| Dec 31, 2024 | 400,000.00 |
| Sep 30, 2024 | 2.10 Mn |
| Sep 30, 2024 | 2.10 Mn |
| Jun 30, 2024 | 2.70 Mn |
| Jun 30, 2024 | 2.70 Mn |
| Mar 31, 2024 | 1.40 Mn |
| Mar 31, 2024 | 1.40 Mn |