Black Hills (BKH) Total Debt (2009 - 2026)

Black Hills (BKH) recorded quarterly Total Debt of $4.2 billion in Q1 2026, down 9.71% quarter-over-quarter from $4.7 billion in Q4 2025, and up 5.81% on a YoY basis from $4.0 billion in Q1 2025.

Black Hills (BKH) Total Debt (2009 - 2026) Analysis & Trends

Black Hills' Total Debt history runs 18 years deep, the most recent figure standing at $4.2 billion for Q1 2026.

  • In Q1 2026, Total Debt rose 5.81% year-over-year to $4.2 billion; the TTM figure through Mar 2026 stood at $4.2 billion (up 5.81% YoY), while the FY2025 annual figure was $4.7 billion, up 7.23% from the prior year.
  • Total Debt was $4.2 billion for Q1 2026 at Black Hills, down from $4.7 billion in the prior quarter.
  • In the past five years, Total Debt ranged from a high of $4.9 billion in Q3 2023 to a low of $3.8 billion in Q1 2024.
  • Historically, Total Debt has averaged $4.3 billion across 5 years, with a median of $4.2 billion in 2026.
  • The sharpest annual moves came in 2022 and 2024: Total Debt gained 12.19% in 2022, then slipped 13.37% in 2024.
  • A 5-year view of Total Debt shows it stood at $4.1 billion in 2022, then climbed by 6.23% to $4.4 billion in 2023, then retreated by 0.39% to $4.4 billion in 2024, then increased by 7.23% to $4.7 billion in 2025, then slipped by 9.71% to $4.2 billion in 2026.
  • The last three Total Debt figures came in at $4.2 billion (Q1 2026), $4.7 billion (Q4 2025), and $4.4 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Atmos Energy 28.34 Bn 28.21 Bn - 9.56 Bn
2 Nisource 22.33 Bn 24.52 Bn 1.83 Bn 16.75 Bn
3 Ugi 7.49 Bn 6.94 Bn 1.50 Bn 6.79 Bn
4 New Jersey Resources 5.59 Bn 5.45 Bn 826.91 Mn 3.43 Bn
5 Black Hills 5.49 Bn 5.46 Bn - 4.24 Bn
6 ONE Gas 4.93 Bn 4.91 Bn 438.14 Mn 2.38 Bn
7 Mdu Resources 4.39 Bn 4.33 Bn - 2.60 Bn
8 Centuri Holdings 3.01 Bn 2.95 Bn 35.76 Mn 638.90 Mn
9 Chesapeake Utilities 2.96 Bn 2.96 Bn 102.40 Mn 199.60 Mn
10 Brookfield Infrastructure 426.14 Mn 3.22 Bn 539.00 Mn 28.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 4.24 Bn
Dec 31, 2025 4.70 Bn
Sep 30, 2025 4.38 Bn
Jun 30, 2025 4.08 Bn
Mar 31, 2025 4.01 Bn
Dec 31, 2024 4.38 Bn
Sep 30, 2024 4.27 Bn
Jun 30, 2024 4.25 Bn
Mar 31, 2024 3.80 Bn
Dec 31, 2023 4.40 Bn
Sep 30, 2023 4.92 Bn
Jun 30, 2023 3.96 Bn
Mar 31, 2023 3.95 Bn
Dec 31, 2022 4.14 Bn
Sep 30, 2022 4.63 Bn
Jun 30, 2022 4.13 Bn
Mar 31, 2022 4.13 Bn
Dec 31, 2021 4.13 Bn
Sep 30, 2021 4.13 Bn
Jun 30, 2021 4.36 Bn