Company / Tangible Book Value per Share
Black Hills Corporation Tangible Book Value per Share History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Tangible Book Value per Share
$33.43
FY2025
5-year range
$24.47 / $33.43
FY2021-FY2025
Trend
+8.9%
vs FY2024
Sector context
#31 of 68
Utilities
What the data says
At $33.43, Black Hills Corporation's tangible book value per share ranks #31 of 68 in the Utilities sector. Tangible Book Value per Share has increased for 9 consecutive years, from $7.07 in FY2016 to $33.43 in FY2025.
Based on SEC 10-K filings.
33.43 in FY2025 with a 5-year CAGR of +8.0%.
Improved from $28.17 to $33.43 over the past 2 years.
Utilities sector context is included.
Tangible Book Value per Share over time
Growth rates
- 3-Year CAGR
- +7.2%
- 5-Year CAGR
- +8.0%
- 10-Year CAGR
- -
Sector benchmark
#31 of 68 in UtilitiesTop 46% of 68This company $33.43 Sector average $31.82
▼
+5.1% above sector average
Key checks
Key Insights
- Black Hills Corporation's tangible book value per share has grown for 9 consecutive years.
- In FY2025, tangible book value per share increased 8.9% year-over-year.
- Ranks #31 out of 68 companies in the Utilities sector.
- Lowest tangible book value per share in the period was in FY2016.
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 | Tangible Book Value per ShareValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $33.43 | +8.9% |
| FY2024 | $30.71 | +9.0% |
| FY2023 | $28.17 | +3.8% |
| FY2022 | $27.15 | +11.0% |
| FY2021 | $24.47 | +7.6% |
| FY2020 | $22.74 | +18.0% |
| FY2019 | $19.28 | +16.4% |
| FY2018 | $16.56 | +83.1% |
| FY2017 | $9.04 | +28.0% |
| FY2016 | $7.07 | -71.5% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026