Black Hills (BKH) Tax Rate (2009 - 2026)
Black Hills (BKH) recorded Tax Rate of 11.40% in Q2 2026, down 1.85 percentage points from 13.25% a year earlier and down 0.28 percentage points from the prior quarter.
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Analysis
Black Hills (BKH) Tax Rate (2009 - 2026) Analysis & Trends
On a TTM basis, Black Hills' Tax Rate came in at 12.50% as of Jun 30, 2026, up 0.98 percentage points year-over-year; for FY2025, it came in at 12.72%, up 1.38 percentage points from FY2024.
- Annual Tax Rate has a five-year change of +0.78 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 11.34% in FY2024 (+2.86 pp), 8.49% in FY2023 (-0.03 pp), 8.51% in FY2022 (+5.73 pp) and 2.79% in FY2021 (-9.15 pp).
- The Q2 2026 figure is the lowest quarterly Tax Rate since Q4 2024.
- On a year-over-year basis, Tax Rate rose in five of the last eight quarters, with an average year-over-year change of +0.28 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 42.78 percentage points in Q2 2024, against a drop of 27.77 percentage points in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 11.68% (Q1 2026), 13.66% (Q4 2025) and 13.38% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn | - |
| 2 | National Grid | 78.23 Bn | 59.76 Bn | - | - |
| 3 | Dominion Energy | 53.03 Bn | 55.71 Bn | - | 16.49% |
| 4 | Xcel Energy | 43.33 Bn | 38.23 Bn | - | - |
| 5 | Wec Energy | 33.06 Bn | 33.29 Bn | 1.51 Bn | 8.23% |
| 6 | Ameren | 27.51 Bn | 27.60 Bn | - | 14.13% |
| 7 | Fortis | 26.94 Bn | 27.43 Bn | 1.60 Bn | 14.18% |
| 8 | Atmos Energy | 26.53 Bn | 25.30 Bn | 870.85 Mn | 19.98% |
| 9 | American Water Works Company | 25.62 Bn | 25.03 Bn | - | 22.22% |
| 10 | Black Hills | 5.32 Bn | 5.02 Bn | - | 11.40% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.40% |
| Mar 31, 2026 | 11.68% |
| Dec 31, 2025 | 13.66% |
| Sep 30, 2025 | 13.38% |
| Jun 30, 2025 | 13.25% |
| Mar 31, 2025 | 11.72% |
| Dec 31, 2024 | 11.16% |
| Sep 30, 2024 | 9.90% |
| Jun 30, 2024 | 13.03% |
| Mar 31, 2024 | 11.38% |
| Dec 31, 2023 | 10.33% |
| Sep 30, 2023 | 13.17% |
| Mar 31, 2023 | 11.13% |
| Dec 31, 2022 | 10.87% |
| Sep 30, 2022 | 5.26% |
| Mar 31, 2022 | 10.70% |
| Dec 31, 2021 | 1.15% |
| Sep 30, 2021 | 9.92% |
| Jun 30, 2021 | 2.08% |
| Mar 31, 2021 | 0.50% |
API Access
Black Hills Tax Rate 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=tax-rate&ticker=BKH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=BKH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();