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BKHNYSEElectric ServicesFiscal year ends December 31

BLACK HILLS CORP /SD/

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$76.40−0.23 (-0.30%)

Close on Oct 19, 2026

Market cap
$5.81B
P/E (TTM)
19.3
Dividend yield
3.54%

BLACK HILLS CORP /SD/ revenue by segment

By business segment

RevenueFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016% of revenueYoY
Reportable Segment, Aggregation before Other Operating Segment [Member]$2.33B$2.15B$2.35B–––––––100.7%+8.4%
Gas Utilities$1.38B$1.27B$1.48B$1.67B$1.12B$974.67M$1.01B$1.03B$947.63M$838.34M59.9%+8.9%
Electric Utilities$942.80M$876.10M$865.00M$900.20M$842.20M$738.86M$739.36M$711.45M$704.65M$677.28M40.8%+7.6%
Oil and Gas–––––––––$34.06M––
Power Generation–––––$105.05M$101.26M$92.45M$94.62M$91.13M––
Mining–––––$61.08M$61.63M$68.03M$66.62M$60.28M––
Operating incomeFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016YoY
Reportable Segment, Aggregation before Other Operating Segment [Member]$543.30M$504.30M$477.60M–––––––+7.7%
Gas Utilities$320.80M$271.30M$228.80M$244.20M$211.20M––$185.24M$185.11M$162.02M+18.2%
Electric Utilities$222.50M$233.00M$248.80M$214.30M$202.70M––$149.54M$170.62M$173.15M-4.5%
Oil and Gas–––––––––-$118.96M–
Power Generation–––––––$48.31M$53.17M$54.39M–
Mining–––––––$16.34M$13.50M$11.36M–

By product or service

RevenueFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016% of revenueYoY
Alternative revenue and other$23.80M$29.70M$29.60M$8.90M––––––1.0%-19.9%
Other revenues––$29.60M$8.90M$18.20M$16.14M$8.51M$5.73M––––

By region

From the segment and revenue-disaggregation notes of Black Hills's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.