Company / Profit Margin
Black Hills Corporation Profit Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Profit Margin
12.6%
FY2025
5-year range
10.1% / 12.8%
FY2021-FY2025
Trend
-1.7%
vs FY2024
Sector context
#31 of 62
Utilities
What the data says
At 12.6%, Black Hills Corporation's profit margin ranks #31 of 62 in the Utilities sector. Profit Margin has fluctuated over the past 10 years, ranging from -2.5% in FY2017 to 14.7% in FY2020.
Based on SEC 10-K filings.
12.6% in FY2025 with a 5-year CAGR of -2.1%.
Improved from 12.1% to 12.6% over the past 2 years.
Utilities sector context is included.
Profit Margin over time
Growth rates
- 3-Year Change
- +2.5pp
- 5-Year Change
- -2.1pp
- 10-Year Change
- -
Sector benchmark
#31 of 62 in UtilitiesTop 50% of 62This company 12.6% Sector average 13.1%
▼
-3.6% below sector average
Key checks
Key Insights
- In FY2025, profit margin decreased 1.7% year-over-year.
- Currently 0.5pp below the Utilities sector average.
- Peak profit margin was recorded in FY2020.
- Lowest profit margin in the period was in FY2017.
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 | Profit MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 12.6% | -1.7% |
| FY2024 | 12.8% | +5.8% |
| FY2023 | 12.1% | +19.8% |
| FY2022 | 10.1% | -11.8% |
| FY2021 | 11.5% | -22.0% |
| FY2020 | 14.7% | +39.8% |
| FY2019 | 10.5% | +122.4% |
| FY2018 | 4.7% | +285.9% |
| FY2017 | -2.5% | -153.8% |
| FY2016 | 4.7% | +285.9% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026