Black Hills (BKH) Tax Rate (2009 - 2026)
Black Hills' (BKH) quarterly Tax Rate came in at 11.4% in Q2 2026, down 185.0% year-over-year from 13.42% in Q2 2025, and down 2.36% quarter-over-quarter from 11.68% in Q1 2026.
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Black Hills (BKH) Tax Rate (2009 - 2026) Analysis & Trends
Black Hills (BKH) has reported Tax Rate for 18 consecutive years, with 11.4% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate fell 185.0% year-over-year to 11.4% in Q2 2026; TTM through Jun 2026 was 20.56%, a 30.0% decrease from a year earlier, with the FY2025 full-year figure at 20.99%, down 1.0% from the prior year.
- Tax Rate was 11.4% for Q2 2026 at Black Hills, down from 11.68% in the prior quarter.
- Over five years, Tax Rate peaked at 50.91% in Q4 2023 and troughed at 29.76% in Q2 2023.
- A 5-year average of 13.36% and a median of 11.54% in 2026 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate plunged 2777 bps in 2023 and jumped 4278 bps in 2024, its largest moves.
- Over 5 years, Tax Rate stood at 10.87% in 2022, then soared by 368 bps to 50.91% in 2023, then retreated by 25 bps to 38.31% in 2024, then dropped by 5 bps to 36.22% in 2025, then plunged by 69 bps to 11.4% in 2026.
- The last three Tax Rate figures came in at 11.4% (Q2 2026), 11.68% (Q1 2026), and 36.22% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 308.83 Bn | 308.83 Bn | 890.00 Mn | -25.06% |
| 2 | Dominion Energy | 57.69 Bn | 56.90 Bn | 3.50 Bn | 16.49% |
| 3 | Xcel Energy | 47.51 Bn | 45.50 Bn | 3.12 Bn | -11.41% |
| 4 | Wec Energy | 34.60 Bn | 34.55 Bn | 1.45 Bn | 8.23% |
| 5 | Ameren | 29.35 Bn | 29.34 Bn | - | 14.13% |
| 6 | Firstenergy | 26.64 Bn | 26.45 Bn | 2.51 Bn | 20.72% |
| 7 | Hydro One | 22.94 Bn | 22.55 Bn | - | 15.58% |
| 8 | Edison International | 22.35 Bn | 22.11 Bn | 3.29 Bn | 16.89% |
| 9 | Cms Energy | 21.20 Bn | 20.96 Bn | 3.65 Bn | 24.03% |
| 10 | Black Hills | 5.55 Bn | 5.47 Bn | - | 11.40% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.40% |
| Mar 31, 2026 | 11.68% |
| Dec 31, 2025 | 36.22% |
| Sep 30, 2025 | 13.38% |
| Jun 30, 2025 | 13.25% |
| Mar 31, 2025 | 11.72% |
| Dec 31, 2024 | 38.31% |
| Sep 30, 2024 | 9.90% |
| Jun 30, 2024 | 13.03% |
| Mar 31, 2024 | 11.38% |
| Dec 31, 2023 | 50.91% |
| Sep 30, 2023 | 13.17% |
| Jun 30, 2023 | -29.76% |
| Mar 31, 2023 | 11.13% |
| Dec 31, 2022 | 10.87% |
| Sep 30, 2022 | 5.26% |
| Jun 30, 2022 | -1.99% |
| Mar 31, 2022 | 10.70% |
| Dec 31, 2021 | 1.15% |
| Sep 30, 2021 | 9.92% |