Black Hills Corporation (BKH)

From the record

Black Hills Corporation's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Black Hills Corporation's 10 filed years say what it did: revenue went from $1.5 billion in fiscal 2016 to $2.3 billion in fiscal 2025, up 4.6% a year; it rose in 5 of 9 years; the deepest fall was 17% from fiscal 2022 to fiscal 2024; net income was positive in 10 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Black Hills Corporation's diluted share count held steady, and dividends and buybacks returned about 23% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 2 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Black Hills Corporation earned about 8 cents of profit for every dollar of shareholders' money. Leverage: it owed about 65 cents per dollar of assets, and net share issuance: its share count grew 4.7% over the year (the filed statements).

From the record

Black Hills Corporation's standing among 52 graded names in its industry family: revenue of $2.3 billion in fiscal 2025 ranks in the bottom 37% by size; a net margin of 13% ranks in the top 36%; revenue growth of -3.3% a year over the last 3 filed years ranks in the bottom 14% (its annual reports).

From the record

Black Hills Corporation's leadership, from its insiders' filings and its current reports: the chief executive on the record is Evans, Linden R (President and CEO, as filed), filing under that title since 2019-02-05, 7.8 years (top 20% of its family); the 15 officers and directors filing in the last fifteen months have been on the record a median of 6.1 years (top 42%); 5 officer or director changes were reported on Form 8-K since 2023-11-13, against the 15 people in charge now (top 38%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Black Hills Corporation's room to grow, from the newest filed statements (fiscal 2025): cash of $183 million against debt of $4.7 billion leaves -41.6% of its assets as net cash, bottom 18% of its family; cash from operations less capital spending is -6.3% of revenue (bottom 39%) (its annual report).

From the record

Black Hills Corporation's growth drivers, from the filed years to fiscal 2025: revenue grew -3.3% a year over the last three filed years against 4.6% over all 10, slowing (bottom 15% of its family); the newest year grew 8.6% (top 44%); capital spending grew 10.7% a year (bottom 39%) (its annual reports). Black Hills Corporation reported 3 lines of business in fiscal 2025: Reportable Segment Aggregation Before Other Operating at $2.3 billion, Gas Utilities at $1.4 billion, Electric Utilities at $943 million. 3 of 3 grew in the latest filed year, and the largest line is 50% of revenue (its annual report).

From the record

Black Hills Corporation's newest year against its own record: revenue of $2.3 billion in fiscal 2025 came in 18.9% above the $1.9 billion its prior three years' pace pointed to (top 5% of its family); net income of $300 million against a prior three-year average of $277 million (bottom 38%); a net margin of 13% against 11.9% before (top 46%) (its annual reports).