Black Hills (BKH) vs IDACORP (IDA)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Black Hills (BKH) has outperformed IDACORP (IDA) over the past year, gaining 23.9% versus a loss of 1.2%. Over five years, IDA leads with a +25.5% price change compared with +17.5% for BKH. IDACORP is the larger company by market cap ($7.64 billion vs $5.78 billion), about 1.3 times the size, while Black Hills is growing revenue faster (+8.6% vs -1.2%).
On valuation, Black Hills trades at a lower forward P/E (16.4x vs 19.0x for IDACORP). Black Hills offers the higher dividend yield (3.64% vs 2.65%). IDACORP converts more of its revenue into profit, with a net margin of 18.5% versus 12.6%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | BKH | IDA |
|---|---|---|
| Share price | $75.84 | $132.04 |
| Market cap | $5.78B | $7.64B |
| 1-day change | +7.21% | -0.48% |
| YTD return | +9.25% | +4.33% |
| 1-year return | +23.88% | -1.24% |
| 5-year return | +17.45% | +25.47% |
| P/E ratio (TTM) | 17.80 | 21.90 |
| Forward P/E | 16.39 | 18.99 |
| EPS (TTM) | $4.26 | $6.03 |
| Dividend yield | 3.64% | 2.65% |
| Annual dividend | $2.76 | $3.50 |
| Revenue (latest FY) | $2.31B | $1.75B |
| Revenue growth (YoY) | +8.57% | -1.24% |
| Net income (latest FY) | $291.60M | $323.47M |
| Operating margin | 23.27% | 20.26% |
| Net margin | 12.62% | 18.52% |
| 52-week high | $78.69 | $154.91 |
| 52-week low | $59.91 | $124.12 |
| Distance from 52-week high | -3.62% | -14.76% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +8.12% | +19.15% |
| Average volume | 869.75K | 536.95K |
| Shares outstanding | 76.25M | 57.84M |
| Employees | 2,795 | 2,174 |
| Sector | Utilities | Utilities |
| Industry | Electric Utilities: Central | Electric Utilities: Central |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- BKH has outperformed IDA by 25.1 percentage points over the past year.
- IDACORP is more profitable, keeping 18.5 cents of every revenue dollar as net income versus 12.6 cents for Black Hills.
- Black Hills grew revenue faster in its latest fiscal year (+8.57% vs -1.24%).
About Black Hills
BKH stock →Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. The company operates through the Electric Utilities and Gas Utilities segments.
Utilities · Electric Utilities: Central · 2,795 employees
About IDACORP
IDA stock →IDACORP, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, purchase, and sale of electric energy in the United States. The company operates 17 hydropower generating plants located in southern Idaho and eastern Oregon; and three natural gas-fired plants situated in southern Idaho, as well as interests in a coal-fired and natural gas-fired steam generating plant located in Wyoming; and interests in a coal-fired steam generating plant situated in Nevada.
Utilities · Electric Utilities: Central · 2,174 employees
BKH vs IDA FAQ
Which is bigger, Black Hills or IDACORP?
IDACORP (IDA) is larger, with a market capitalization of $7.64B compared with $5.78B for Black Hills (BKH).
Which stock has performed better over the past year, BKH or IDA?
BKH returned +23.88% over the past 12 months, compared with -1.24% for IDA (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, BKH or IDA?
BKH has the lower trailing P/E at 17.8, versus 21.9 for IDA. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Black Hills or IDACORP?
Black Hills has the higher yield at 3.64%, compared with 2.65% for IDACORP.
Are Black Hills and IDACORP in the same industry?
Yes. Both are classified in the Electric Utilities: Central industry within the Utilities sector.