Black Hills Corporation Cash Flow Statement
BKH / Utilities|15 years of annual SEC 10-K data (FY2011-FY2025)
Covers operating cash flow, capital expenditures, free cash flow, share buybacks, and dividends paid across 15 fiscal years. All figures from audited SEC 10-K filings.
Black Hills Corporation generated $673M in operating cash flow and negative free cash flow of $146M in FY2025.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.72 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $291.6M | $273.1M | $236.7M | $258.4M | $199.3M | $258.4M | $177.0M | $73.0M | -$32.1M | $73.0M | -$32.1M | $130.9M | $115.0M | $81.5M | $49.7M |
| Depreciation & Amortization | $283.8M | $270.1M | $236.0M | $250.9M | $209.1M | $196.3M | $188.2M | $175.5M | $126.5M | $175.5M | $126.5M | $144.7M | $137.3M | $154.6M | $135.6M |
| Operating Cash Flow | $673.4M | $719.3M | -$64.6M | $584.8M | $505.5M | $488.8M | $428.3M | $320.5M | $424.4M | $320.5M | $424.4M | $315.3M | $324.6M | $317.0M | $223.7M |
| Capital Expenditures | $819.8M | $744.2M | $677.5M | $604.4M | $818.4M | $457.5M | $326.0M | $455.0M | $266.4M | $455.0M | $266.4M | $398.5M | $354.7M | $349.1M | $440.7M |
| Free Cash Flow | -$146.4M | -$24.9M | -$742.1M | -$19.6M | -$312.9M | $31.3M | $102.3M | -$134.5M | $158.0M | -$134.5M | $158.0M | -$83.2M | -$30.1M | -$32.2M | -$217.0M |
| Dividends Paid | $197.9M | $182.3M | $145.0M | $156.7M | $124.6M | $106.6M | $96.7M | $87.6M | $72.6M | $87.6M | $72.6M | $69.6M | $67.6M | $65.3M | $59.2M |
| FCF Margin | -6.3% | -1.2% | -38.1% | -0.8% | -18.0% | 1.8% | 6.1% | -8.7% | 12.5% | -8.7% | 12.5% | -6.0% | -2.4% | -2.7% | -17.1% |