Black Hills Financial Ratios
NYSE: BKHUtilitiesElectric Utilities: CentralUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Black Hills ratio analysis
Black Hills earned a net margin of 12.6% in FY 2025, down from 12.8% a year earlier. Return on equity reached 7.6%, meaning Black Hills generated 0.08 dollars of profit for every dollar of shareholders' equity. Debt-to-equity stood at 1.23 versus 1.25 the year before, and the current ratio was 1.35.
At the end of FY 2025, BKH traded at 17.5 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 13.5 to 44.8, with a median of 17.6. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Black Hills financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 17.50 | 14.78 | 13.80 | 17.72 | 18.87 | 16.84 | 23.28 | 13.47 | 18.73 | 44.77 |
| Price / sales | 2.20 | 1.90 | 1.55 | 1.79 | 2.29 | 2.26 | 2.67 | 1.95 | 1.90 | 2.07 |
| Price / book | 1.33 | 1.15 | 1.12 | 1.52 | 1.60 | 1.50 | 1.96 | 1.57 | 1.87 | 1.97 |
| Operating margin | 23.3% | 23.6% | 20.3% | 17.8% | 21.0% | 25.2% | 23.4% | 22.6% | 24.8% | 21.8% |
| Net margin | 12.6% | 12.8% | 11.2% | 10.1% | 12.1% | 13.4% | 11.5% | 14.7% | 10.5% | 4.7% |
| Free cash flow margin | -6.3% | -1.2% | 16.7% | -0.8% | -38.1% | -13.3% | -18.0% | 1.8% | 6.1% | -8.7% |
| Return on equity (ROE) | 7.6% | 7.8% | 8.2% | 8.6% | 8.5% | 8.9% | 8.4% | 11.8% | 10.4% | 4.5% |
| Return on assets (ROA) | 2.7% | 2.7% | 2.7% | 2.7% | 2.6% | 2.8% | 2.6% | 3.7% | 2.7% | 1.1% |
| Debt / equity | 1.23 | 1.25 | 1.37 | 1.56 | 1.63 | 1.47 | 1.48 | 1.44 | 1.95 | 2.05 |
| Current ratio | 1.35 | 0.97 | 0.70 | 0.64 | 0.90 | 0.71 | 0.58 | 0.78 | 0.88 | 0.88 |
| Revenue growth | 8.6% | -8.7% | -8.6% | 30.9% | 14.9% | -2.2% | -1.1% | 4.4% | 9.2% | 22.0% |
| EPS growth | 1.8% | 0.0% | -1.5% | 6.1% | 2.5% | 11.3% | -29.6% | 45.2% | 134.3% | — |