Black Hills Corp (BKH) stock
BKHNYSEElectric ServicesFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 10/308% above fair value
$86.70−0.83 (-0.95%)
Close on Nov 13, 2026Market cap $6.61BP/E 20.8Yield 3.12%
Black Hills total debt
Total debt is short-term plus long-term borrowings on the balance sheet at the end of each period.
Black Hills's total debt was $4.47B at Sep 30, 2026. For fiscal 2025 it was $4.70B, up 7.2% from the year before. Over ten years it grew 9.3% a year on average. The highest annual figure on record is $4.70B in fiscal 2025.
Annual total debt
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $4.70B | +7.2% |
| FY2024 | Dec 31, 2024 | $4.38B | -0.4% |
| FY2023 | Dec 31, 2023 | $4.40B | -5.7% |
| FY2022 | Dec 31, 2022 | $4.67B | +2.7% |
| FY2021 | Dec 31, 2021 | $4.55B | +20.6% |
| FY2020 | Dec 31, 2020 | $3.77B | +7.9% |
| FY2019 | Dec 31, 2019 | $3.50B | +11.2% |
| FY2018 | Dec 31, 2018 | $3.14B | -5.5% |
| FY2017 | Dec 31, 2017 | $3.33B | +0.4% |
| FY2016 | Dec 31, 2016 | $3.31B | +71.6% |
| FY2015 | Dec 31, 2015 | $1.93B | +19.3% |
| FY2014 | Dec 31, 2014 | $1.62B | +9.3% |
| FY2013 | Dec 31, 2013 | $1.48B | +12.1% |
| FY2012 | Dec 31, 2012 | $1.32B | -18.9% |
| FY2011 | Dec 31, 2011 | $1.63B | +13.0% |
| FY2010 | Dec 31, 2010 | $1.44B | +37.0% |
| FY2009 | Dec 31, 2009 | $1.05B | – |
Quarterly total debt
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $4.47B | +2.0% |
| Q2 FY2026 | Jun 30, 2026 | $4.49B | +2.7% |
| Q1 FY2026 | Mar 31, 2026 | $4.65B | +8.0% |
| Q4 FY2025 | Dec 31, 2025 | $4.70B | +7.2% |
| Q3 FY2025 | Sep 30, 2025 | $4.38B | +2.6% |
| Q2 FY2025 | Jun 30, 2025 | $4.38B | -9.7% |
| Q1 FY2025 | Mar 31, 2025 | $4.31B | -2.1% |
| Q4 FY2024 | Dec 31, 2024 | $4.38B | -0.4% |
| Q3 FY2024 | Sep 30, 2024 | $4.27B | -13.4% |
| Q2 FY2024 | Jun 30, 2024 | $4.85B | +8.2% |
| Q1 FY2024 | Mar 31, 2024 | $4.40B | -1.7% |
| Q4 FY2023 | Dec 31, 2023 | $4.40B | -5.7% |
| Q3 FY2023 | Sep 30, 2023 | $4.92B | +6.3% |
| Q2 FY2023 | Jun 30, 2023 | $4.48B | +0.4% |
| Q1 FY2023 | Mar 31, 2023 | $4.48B | +0.2% |
| Q4 FY2022 | Dec 31, 2022 | $4.67B | +2.7% |
| Q3 FY2022 | Sep 30, 2022 | $4.63B | +3.9% |
| Q2 FY2022 | Jun 30, 2022 | $4.46B | +2.2% |
| Q1 FY2022 | Mar 31, 2022 | $4.47B | +2.7% |
| Q4 FY2021 | Dec 31, 2021 | $4.55B | +20.6% |
| Q3 FY2021 | Sep 30, 2021 | $4.46B | +23.1% |
| Q2 FY2021 | Jun 30, 2021 | $4.37B | +23.5% |
| Q1 FY2021 | Mar 31, 2021 | $4.35B | +25.7% |
| Q4 FY2020 | Dec 31, 2020 | $3.77B | +7.9% |
| Q3 FY2020 | Sep 30, 2020 | $3.62B | +8.1% |
| Q2 FY2020 | Jun 30, 2020 | $3.54B | +12.0% |
| Q1 FY2020 | Mar 31, 2020 | $3.46B | +10.9% |
| Q4 FY2019 | Dec 31, 2019 | $3.50B | +11.2% |
| Q3 FY2019 | Sep 30, 2019 | $3.35B | +0.9% |
| Q2 FY2019 | Jun 30, 2019 | $3.16B | -2.4% |
| Q1 FY2019 | Mar 31, 2019 | $3.12B | -4.8% |
| Q4 FY2018 | Dec 31, 2018 | $3.14B | -5.5% |
| Q3 FY2018 | Sep 30, 2018 | $3.32B | -0.6% |
| Q2 FY2018 | Jun 30, 2018 | $3.24B | -1.2% |
| Q1 FY2018 | Mar 31, 2018 | $3.28B | +0.3% |
| Q4 FY2017 | Dec 31, 2017 | $3.33B | +0.4% |
| Q3 FY2017 | Sep 30, 2017 | $3.34B | – |
| Q2 FY2017 | Jun 30, 2017 | $3.27B | – |
| Q1 FY2017 | Mar 31, 2017 | $3.27B | – |
| Q4 FY2016 | Dec 31, 2016 | $3.31B | – |
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