Black Hills Corporation (BKH)

NYSE: BKH · Electric Services · Rapid City, SD · filing with the SEC since 2000

Grade5.0

◀ Past 6.1● Present 4.8▶ Future 4.3

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Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 11, 2026	Feb 12, 2025	Feb 14, 2024	Feb 14, 2023	Feb 15, 2022	Feb 26, 2021	Feb 14, 2020	Feb 19, 2019	Feb 26, 2018	Feb 27, 2017
Revenue	2,310,000	2,127,700	2,331,300	2,551,800^r	1,949,100^r	1,696,941	1,734,900	1,754,268	1,680,266	1,538,916
Total operating expenses	1,772,500	1,624,600	1,858,600	2,096,600^r	1,539,700^r	1,268,638	1,328,858	1,357,231	1,263,530	1,202,735^r
Total costs and expenses	·	·	552,000	548,400^r	501,700^r	551,777	548,909	535,293	511,996	528,070^r
Operating income	537,500	503,100	472,700	455,200^r	409,400^r	428,303	406,042	397,037	416,736	336,181^r
Interest expense	200,100	181,700	167,900	161,000^r	152,400^r	143,470	137,659	139,975^r	137,102^r	136,110^r
Interest and investment income	6,800	13,500	12,100	1,600^r	1,700^r	1,461	1,632	1,641	1,016	1,429
Share of profit of equity-method investments	·	·	·	·	·	·	·	·	·	0
Other income (expense), net	6,100	-1,400	-3,200	1,800^r	1,400^r	-2,293	-5,740^r	-1,180^r	-213^r	1,124^r
Total non-operating income (expense)	-194,000	-183,100	-171,100	-159,200^r	-151,000	-152,622	-163,140^r	-141,155^r	2,108	4,394
Income before income taxes	343,500	320,000	301,600	296,000^r	258,400^r	275,681	242,902	255,882	281,742	205,894^r
Income tax expense	43,700	36,300	25,600	25,200^r	7,200^r	32,918	29,580	-23,667	73,367	59,101^r
Income from continuing operations	·	·	·	·	·	242,763	213,322	279,549	208,375	146,793
Income from discontinued operations	·	·	·	·	·	0	0	-6,887	-17,099	-64,162
Net income including non-controlling interests	299,800	283,700	276,000	270,800^r	251,200^r	242,763	213,322	272,662	191,276	82,631
Net income to non-controlling interests	8,200	10,600	13,800	12,400^r	14,500^r	15,155	14,012	14,220	14,242	9,661
Net income	291,600	273,100	262,200	258,400^r	236,700^r	227,608	199,310	258,442	177,034	72,970
Net income to common shareholders	·	·	·	·	·	·	·	258,442	177,034	72,970
Earnings per share, basic	3.99	3.91	3.91	3.98	3.74	3.65	3.29	4.75	3.33	1.41
Earnings per share, diluted	3.98	3.91	3.91	3.97	3.74	3.65	3.28	4.66	3.21	1.37
Weighted average shares, basic	73,000	69,800	67,000	64,900^r	63,200^r	62,378	60,662	54,420	53,221	51,922
Weighted average shares, diluted	73,200	69,900	67,100	73,200^r	63,300^r	62,439	60,798	55,486	55,120	53,271

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:Revenues
us-gaap:SalesRevenueNet

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing costus-gaap:InterestExpense

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense

Income before income taxes profit before tax

us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest

Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton BKH · research, not advice