Black Hills Corporation

BKHNYSEUtilities● Active

$72.06

$-0.72(-0.99%)

Market Cap$5.5B

P/E Ratio—

52W High$78.69

52W Low$55.49

Avg Volume950K

Open$72.42

Beta0.70

Net Income Financials Revenue

Black Hills Corporation (BKH) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

BKH · net income · updated Jun 8, 2026

Core profitability metrics

BKH · net income · margin · TTM · CAGR

Net income was $291.6M for FY2025 (fiscal year ending 2025-12-31), up 6.8% year-over-year. Net profit margin was 12.6%. Based on available data, Black Hills Corporation has been profitable since at least 2011.

FY2025 Net Income$291.6M▲ +6.8% YoY

Trailing 12M (TTM)$288.3Mtrailing 4 quarters sum

Net Profit Margin12.6%$291.6M ÷ $2.31B

YoY Change+6.8%—

5-Year CAGR+5.1%FY2020 → FY2025

FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net Income (bars) · Net Profit Margin % (line)

Net IncomeNet LossNet Margin %★ First Profit: 2011

▸ FMP /income-statement · Annual · BKH net income history · BKH profit margin

Annual net income data

BKH · net income history · annual / quarterly

Fiscal YearNet IncomeYoY ChangeNet MarginRevenue

FY2025$291.6M▲ +6.8%12.6%$2.31B

FY2024$273.1M▲ +4.2%12.8%$2.13B

FY2023$262.2M▲ +1.5%11.3%$2.33B

FY2022$258.4M▲ +9.2%10.1%$2.55B

FY2021$236.7M▲ +4.0%12.1%$1.95B

Net income vs peers (Utilities)

BKH vs peers · net income

#CompanyNet IncomeYoYNet MarginRelative

Black Hills CorporationYOU

BKH

$291.6M+6.8%12.6%

Duke Energy Corporation

Constellation Energy Corporation

CEG

$2.32B-38.1%9.1%

34%

Utilities · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Black Hills Corporation (BKH) reported net income of $291.6M for FY2025 (fiscal year ending 2025-12-31), up 6.8% year-over-year. The net profit margin was 12.6% — meaning the company kept $0.13 of every dollar of revenue as profit.

Based on available data, Black Hills Corporation has been profitable since at least 2011. Net income reached a peak of $291.6M in FY2025. Data available for 15 fiscal years.

Black Hills Corporation's net profit margin was 12.6% for FY2025, based on the latest annual results.

Investors sometimes search for "Black Hills Corporation net worth" — the company's market capitalization is a separate figure from BKH net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Revenue Financial statements Earnings Forecast Price history Market cap Free cash flow

Frequently asked questions

BKH net income · 5 questions

Black Hills Corporation is profitable. The company reported net income of $291.6M for FY2025, a net profit margin of 12.6%. Net income was up 6.8% year-over-year. Based on available data, Black Hills Corporation has been profitable since at least 2011.

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▸ Source: FMP /income-statement · GAAP · Black Hills Corporation · Black Hills Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026