Company / Operating Cash Flow
Black Hills Corporation Operating Cash Flow History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Cash Flow
$673.4M
FY2025
5-year range
-$64.6M / $719.3M
FY2021-FY2025
Trend
-6.4%
vs FY2024
Sector context
#46 of 74
Utilities
What the data says
At $673M, Black Hills Corporation's operating cash flow ranks #46 of 74 in the Utilities sector. Operating Cash Flow has fluctuated over the past 10 years, ranging from -$65M in FY2023 to $719M in FY2024.
Based on SEC 10-K filings.
$673M in FY2025 with a 5-year CAGR of +6.6%.
Improved from -$65M to $673M over the past 2 years.
Utilities sector context is included.
Operating Cash Flow over time
Growth rates
- 3-Year CAGR
- +4.8%
- 5-Year CAGR
- +6.6%
- 10-Year CAGR
- -
Sector benchmark
#46 of 74 in UtilitiesTop 62% of 74This company $673.4M Sector average $2.6B
▼
-74.3% below sector average
Key checks
Key Insights
- 5-year CAGR of +6.6%, indicating consistent growth.
- In FY2025, operating cash flow decreased 6.4% year-over-year.
- Ranks #46 out of 74 companies in the Utilities sector.
- Peak operating cash flow was recorded in FY2024.
Company context
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.
Annual data
| Year | Operating Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $673.4M | -6.4% |
| FY2024 | $719.3M | +1213.5% |
| FY2023 | -$64.6M | -111.0% |
| FY2022 | $584.8M | +15.7% |
| FY2021 | $505.5M | +3.4% |
| FY2020 | $488.8M | +14.1% |
| FY2019 | $428.3M | +33.6% |
| FY2018 | $320.5M | -24.5% |
| FY2017 | $424.4M | +32.4% |
| FY2016 | $320.5M | -24.5% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026