Black Hills (BKH) Shares Outstanding (Diluted) (2009 - 2026)
Black Hills' Shares Outstanding (Diluted) was 76.1 million in Q2 2026, up 5.1% from 72.4 million a year earlier and up 0.7% from the prior quarter.
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Analysis
Black Hills (BKH) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, Shares Outstanding (Diluted) at Black Hills came in at 73.2 million, up 4.7% from FY2024.
- Shares Outstanding (Diluted) has now increased for 16 consecutive years, with a five-year compound annual growth rate of 3.2% (FY2020 to FY2025).
- In earlier years, Shares Outstanding (Diluted) was 69.9 million in FY2024 (+4.2%), 67.1 million in FY2023 (+3.2%), 65.02 million in FY2022 (+2.7%) and 63.33 million in FY2021 (+1.4%).
- The Q2 2026 figure marks the highest quarterly Shares Outstanding (Diluted) in data going back to Q2 2009.
- Compared with a year earlier, Shares Outstanding (Diluted) has increased for 31 straight quarters, with growth averaging 4.7% over the last eight quarters.
- The year-over-year growth in Shares Outstanding (Diluted) has ranged between 1.3% (Q3 2021) and 5.3% (Q1 2026) over the last five years.
- Per Business Quant data, BKH's Shares Outstanding (Diluted) in the three quarters before Q2 2026 was 75.6 million (Q1 2026), 73.2 million (Q4 2025) and 72.9 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 292.57 Bn | 292.57 Bn | 890.00 Mn | 69.17 Bn |
| 2 | National Grid | 78.85 Bn | 60.37 Bn | - | 994.20 Mn |
| 3 | Dominion Energy | 53.27 Bn | 55.95 Bn | - | 882.10 Mn |
| 4 | Xcel Energy | 44.01 Bn | 38.91 Bn | - | 627.00 Mn |
| 5 | Wec Energy | 32.84 Bn | 33.08 Bn | 1.51 Bn | 328.90 Mn |
| 6 | Ameren | 27.51 Bn | 27.59 Bn | - | 278.70 Mn |
| 7 | Fortis | 26.81 Bn | 27.29 Bn | 1.60 Bn | 503.70 Mn |
| 8 | Atmos Energy | 26.44 Bn | 25.21 Bn | 870.85 Mn | 169.37 Mn |
| 9 | American Water Works Company | 25.73 Bn | 25.14 Bn | - | 196.00 Mn |
| 10 | Black Hills | 5.34 Bn | 5.05 Bn | - | 76.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 76.10 Mn |
| Mar 31, 2026 | 75.60 Mn |
| Dec 31, 2025 | 73.20 Mn |
| Sep 30, 2025 | 72.90 Mn |
| Jun 30, 2025 | 72.40 Mn |
| Mar 31, 2025 | 71.80 Mn |
| Dec 31, 2024 | 69.90 Mn |
| Sep 30, 2024 | 70.60 Mn |
| Jun 30, 2024 | 69.00 Mn |
| Mar 31, 2024 | 68.30 Mn |
| Dec 31, 2023 | 67.10 Mn |
| Sep 30, 2023 | 67.39 Mn |
| Jun 30, 2023 | 66.68 Mn |
| Mar 31, 2023 | 66.13 Mn |
| Dec 31, 2022 | 65.02 Mn |
| Sep 30, 2022 | 65.06 Mn |
| Jun 30, 2022 | 64.88 Mn |
| Mar 31, 2022 | 64.72 Mn |
| Dec 31, 2021 | 63.33 Mn |
| Sep 30, 2021 | 63.44 Mn |
API Access
Black Hills Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=BKH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=BKH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();