Black Hills (BKH) Total Debt (2009 - 2026)
Black Hills (BKH) posted quarterly Total Debt of $4.4 billion for Q1 2026, up 3.55% year-over-year from $4.3 billion in Q1 2025, and down 6.35% quarter-over-quarter from $4.7 billion in Q4 2025.
Black Hills (BKH) Total Debt (2009 - 2026) Analysis & Trends
Black Hills (BKH) has reported Total Debt for 18 consecutive years, with $4.4 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Total Debt rose 3.55% year-over-year to $4.4 billion; the TTM figure through Mar 2026 stood at $4.4 billion (up 3.55% YoY), while the FY2025 annual figure was $4.7 billion, up 7.23% from the prior year.
- Total Debt declined to $4.4 billion in Q1 2026 per BKH's latest filing, from $4.7 billion in the prior quarter.
- Across five years, Total Debt topped out at $4.8 billion in Q2 2024 and bottomed at $3.8 billion in Q3 2023.
- Historically, Total Debt has averaged $4.4 billion across 5 years, with a median of $4.4 billion in 2023.
- Annual changes were most pronounced in 2022 — Total Debt increased 26.22% — and 2023, when it slipped 17.98%.
- Black Hills' Total Debt stood at $4.1 billion in 2022, then advanced by 6.23% to $4.4 billion in 2023, then fell by 0.39% to $4.4 billion in 2024, then grew by 7.23% to $4.7 billion in 2025, then decreased by 6.35% to $4.4 billion in 2026.
- Business Quant data shows BKH's Total Debt at $4.4 billion in Q1 2026, $4.7 billion in Q4 2025, and $4.4 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 29.11 Bn | 28.58 Bn | - | 10.25 Bn |
| 2 | Nisource | 20.21 Bn | 20.14 Bn | 867.50 Mn | 16.71 Bn |
| 3 | Ugi | 8.27 Bn | 7.79 Bn | 573.00 Mn | 6.71 Bn |
| 4 | Black Hills | 5.61 Bn | 5.53 Bn | - | 4.40 Bn |
| 5 | New Jersey Resources | 5.59 Bn | 5.55 Bn | 243.61 Mn | 3.48 Bn |
| 6 | ONE Gas | 5.17 Bn | 5.14 Bn | 272.01 Mn | 2.87 Bn |
| 7 | Mdu Resources | 4.31 Bn | 4.27 Bn | - | 2.58 Bn |
| 8 | Chesapeake Utilities | 3.32 Bn | 3.30 Bn | 150.20 Mn | 1.74 Bn |
| 9 | Centuri Holdings | 2.23 Bn | 2.18 Bn | 69.14 Mn | 717.74 Mn |
| 10 | Brookfield Infrastructure | 2.21 Bn | 1.44 Bn | 572.00 Mn | 28.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.40 Bn |
| Mar 31, 2026 | 4.40 Bn |
| Dec 31, 2025 | 4.70 Bn |
| Sep 30, 2025 | 4.38 Bn |
| Jun 30, 2025 | 4.25 Bn |
| Mar 31, 2025 | 4.25 Bn |
| Dec 31, 2024 | 4.38 Bn |
| Sep 30, 2024 | 4.27 Bn |
| Jun 30, 2024 | 4.85 Bn |
| Mar 31, 2024 | 4.40 Bn |
| Dec 31, 2023 | 4.40 Bn |
| Sep 30, 2023 | 3.80 Bn |
| Jun 30, 2023 | 3.96 Bn |
| Mar 31, 2023 | 4.48 Bn |
| Dec 31, 2022 | 4.14 Bn |
| Sep 30, 2022 | 4.63 Bn |
| Jun 30, 2022 | 4.46 Bn |
| Mar 31, 2022 | 4.47 Bn |
| Dec 31, 2021 | 4.13 Bn |
| Sep 30, 2021 | 4.13 Bn |