Black Hills Corporation Income Statement
BKH / Utilities|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Black Hills Corporation reported $2.3B in revenue and $292M in net income for FY2025. Revenue has grown at a 4.4% compound annual rate over the past 14 years.
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.3B | $2.1B | $1.9B | $2.6B | $1.7B | $1.8B | $1.7B | $1.5B | $1.3B | $1.5B | $1.3B | $1.4B | $1.3B | $1.2B | $1.3B |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | $766.8M | $697.2M |
| Operating Income | $537.5M | $503.1M | $409.4M | $455.2M | $406.0M | $397.0M | $416.7M | $336.2M | $300.4M | $336.2M | $300.4M | $263.9M | $259.4M | $243.7M | $186.2M |
| Interest Expense | $200.1M | $181.7M | $152.4M | $161.0M | $137.7M | $140.0M | $137.1M | $136.1M | $84.7M | $136.1M | $84.7M | $71.0M | $111.8M | $113.6M | $91.4M |
| Income Tax | $43.7M | $36.3M | $7.2M | $25.2M | $29.6M | -$23.7M | $73.4M | $59.1M | $78.7M | $59.1M | $78.7M | $66.6M | $63.0M | $48.4M | $18.2M |
| 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 |
| EPS (Basic) | $3.91 | $3.98 | $3.74 | $3.65 | $3.29 | $4.75 | $3.33 | $1.41 | -$0.71 | $2.95 | $2.66 | $1.86 | $1.25 | $1.76 | $2.11 |
| EPS (Diluted) | $3.91 | $3.97 | $3.74 | $3.65 | $3.28 | $4.66 | $3.21 | $1.37 | -$0.71 | $2.93 | $2.64 | $1.85 | $1.24 | $1.76 | $2.11 |
| Shares Outstanding | 75.5M | 71.7M | 68.0M | 62.4M | 60.8M | 55.5M | 55.1M | 53.3M | 45.3M | 44.6M | 44.7M | 44.5M | 44.2M | 39.3M | 39.0B |
| Gross Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | 65.3% | 54.8% |
| Operating Margin | 23.3% | 23.6% | 21.0% | 17.8% | 23.4% | 22.6% | 24.8% | 21.9% | 23.8% | 21.9% | 23.8% | 18.9% | 20.3% | 20.8% | 14.6% |
| Profit Margin | 12.6% | 12.8% | 12.1% | 10.1% | 11.5% | 14.7% | 10.5% | 4.7% | -2.5% | 4.7% | -2.5% | 9.4% | 9.0% | 7.0% | 3.9% |