KPIs & Operating Metrics(New)
Growth Metrics

Black Hills (BKH) Tax Rate (2016 - 2025)

Black Hills has reported Tax Rate over the past 17 years, most recently at 12.63% for Q4 2025.

  • Quarterly results put Tax Rate at 12.63% for Q4 2025, down 569.0% from a year ago — trailing twelve months through Dec 2025 was 3.09% (down 179.0% YoY), and the annual figure for FY2025 was 3.09%, down 182.0%.
  • Tax Rate for Q4 2025 was 12.63% at Black Hills, down from 13.38% in the prior quarter.
  • Over the last five years, Tax Rate for BKH hit a ceiling of 13.38% in Q3 2025 and a floor of 29.76% in Q2 2023.
  • Median Tax Rate over the past 5 years was 10.12% (2023), compared with a mean of 4.33%.
  • Biggest five-year swings in Tax Rate: plummeted -2777bps in 2023 and later surged 4278bps in 2024.
  • Black Hills' Tax Rate stood at 8.56% in 2021, then soared by 227bps to 10.89% in 2022, then decreased by -5bps to 10.33% in 2023, then crashed by -167bps to 6.94% in 2024, then crashed by -82bps to 12.63% in 2025.
  • The last three reported values for Tax Rate were 12.63% (Q4 2025), 13.38% (Q3 2025), and 13.25% (Q2 2025) per Business Quant data.