Black Hills Corporation (FRA:BHI)
59.80
-0.90 (-1.48%)
At close: Dec 5, 2025
Black Hills Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 |
| Revenue | 2,272 | 2,128 | 2,331 | 2,552 | 1,949 | 1,697 | Upgrade
|
| Revenue Growth (YoY) | 7.03% | -8.73% | -8.64% | 30.92% | 14.86% | -2.19% | Upgrade
|
| Fuel & Purchased Power | 807.8 | 730.3 | 982.9 | 1,231 | 741.9 | 492.4 | Upgrade
|
| Operations & Maintenance | 577.8 | 546.4 | 545 | 539.8 | 492 | 490.03 | Upgrade
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| Depreciation & Amortization | 278.8 | 270.1 | 256.8 | 250.9 | 236 | 224.46 | Upgrade
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| Other Operating Expenses | 81.8 | 81.8 | 78.3 | 75.7 | 69.1 | 64.7 | Upgrade
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| Total Operating Expenses | 1,746 | 1,629 | 1,863 | 2,097 | 1,539 | 1,272 | Upgrade
|
| Operating Income | 525.4 | 499.1 | 468.3 | 454.8 | 410.1 | 425.35 | Upgrade
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| Interest Expense | -193.9 | -186.5 | -174 | -157 | -150 | -144.93 | Upgrade
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| Interest Income | 3.2 | 13.5 | 12.1 | 1.6 | 1.7 | 1.46 | Upgrade
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| Net Interest Expense | -190.7 | -173 | -161.9 | -155.4 | -148.3 | -143.47 | Upgrade
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| Allowance for Equity Funds for Construction | -4 | -4 | -0.4 | -0.6 | -0.6 | - | Upgrade
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| Allowance for Borrowed Funds for Construction | -8.7 | -8.7 | -6 | -5.6 | -4.1 | - | Upgrade
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| Other Non-Operating Income (Expenses) | 9.4 | 6.6 | 1.6 | 2.8 | 1.3 | 0.66 | Upgrade
|
| EBT Excluding Unusual Items | 331.4 | 320 | 301.6 | 296 | 258.4 | 282.54 | Upgrade
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| Gain (Loss) on Sale of Investments | - | - | - | - | - | -6.86 | Upgrade
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| Pretax Income | 331.4 | 320 | 301.6 | 296 | 258.4 | 275.68 | Upgrade
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| Income Tax Expense | 39.2 | 36.3 | 25.6 | 25.2 | 7.2 | 32.92 | Upgrade
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| Earnings From Continuing Ops. | 292.2 | 283.7 | 276 | 270.8 | 251.2 | 242.76 | Upgrade
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| Net Income to Company | 292.2 | 283.7 | 276 | 270.8 | 251.2 | 242.76 | Upgrade
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| Minority Interest in Earnings | -7.5 | -10.6 | -13.8 | -12.4 | -14.5 | -15.16 | Upgrade
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| Net Income | 284.7 | 273.1 | 262.2 | 258.4 | 236.7 | 227.61 | Upgrade
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| Net Income to Common | 284.7 | 273.1 | 262.2 | 258.4 | 236.7 | 227.61 | Upgrade
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| Net Income Growth | 11.78% | 4.16% | 1.47% | 9.17% | 4.00% | 14.20% | Upgrade
|
| Shares Outstanding (Basic) | 72 | 70 | 67 | 65 | 63 | 62 | Upgrade
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| Shares Outstanding (Diluted) | 72 | 70 | 67 | 65 | 63 | 62 | Upgrade
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| Shares Change (YoY) | 4.60% | 4.17% | 3.23% | 2.69% | 1.38% | 2.70% | Upgrade
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| EPS (Basic) | 3.95 | 3.91 | 3.91 | 3.98 | 3.75 | 3.65 | Upgrade
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| EPS (Diluted) | 3.95 | 3.91 | 3.91 | 3.97 | 3.74 | 3.65 | Upgrade
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| EPS Growth | 7.21% | - | -1.51% | 6.15% | 2.50% | 11.24% | Upgrade
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| Free Cash Flow | -105.4 | -24.9 | 388.8 | -19.6 | -742.1 | -225.54 | Upgrade
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| Free Cash Flow Per Share | -1.46 | -0.36 | 5.79 | -0.30 | -11.72 | -3.61 | Upgrade
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| Dividend Per Share | 2.704 | 2.626 | 2.500 | 2.410 | 2.320 | 2.170 | Upgrade
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| Dividend Growth | 5.01% | 5.04% | 3.73% | 3.88% | 6.91% | 5.85% | Upgrade
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| Profit Margin | 12.53% | 12.83% | 11.25% | 10.13% | 12.14% | 13.41% | Upgrade
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| Free Cash Flow Margin | -4.64% | -1.17% | 16.68% | -0.77% | -38.07% | -13.29% | Upgrade
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| EBITDA | 804.2 | 769.2 | 725.1 | 705.7 | 646.1 | 649.81 | Upgrade
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| EBITDA Margin | 35.40% | 36.15% | 31.10% | 27.66% | 33.15% | 38.29% | Upgrade
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| D&A For EBITDA | 278.8 | 270.1 | 256.8 | 250.9 | 236 | 224.46 | Upgrade
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| EBIT | 525.4 | 499.1 | 468.3 | 454.8 | 410.1 | 425.35 | Upgrade
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| EBIT Margin | 23.13% | 23.46% | 20.09% | 17.82% | 21.04% | 25.07% | Upgrade
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| Effective Tax Rate | 11.83% | 11.34% | 8.49% | 8.51% | 2.79% | 11.94% | Upgrade
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Source: S&P Global Market Intelligence. Utility template. Financial Sources.