Company / Total Debt
Black Hills Corporation Total Debt History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Total Debt
$4.7B
FY2025
5-year range
$3.6B / $4.7B
FY2021-FY2025
Trend
+10.6%
vs FY2024
Sector context
#37 of 60
Utilities
What the data says
At $4.7B, Black Hills Corporation's total debt ranks #24 of 60 in the Utilities sector. Total Debt has increased for 3 consecutive years, from $3.6B in FY2022 to $4.7B in FY2025.
Based on SEC 10-K filings.
$4.7B in FY2025 with a 5-year CAGR of +5.9%.
Increased from $3.8B to $4.7B over the past 2 years.
Utilities sector context is included.
Total Debt over time
Growth rates
- 3-Year CAGR
- +9.2%
- 5-Year CAGR
- +5.9%
- 10-Year CAGR
- -
Sector benchmark
#24 of 60 in UtilitiesTop 38% of 60This company $4.7B Sector average $16.8B
▼
-72.0% below sector average
Key checks
Key Insights
- Black Hills Corporation's total debt has grown for 3 consecutive years.
- 5-year CAGR of +5.9%, indicating consistent growth.
- In FY2025, total debt increased 10.6% year-over-year.
- Ranks #37 out of 60 companies in the Utilities sector.
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 | Total DebtValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $4.7B | +10.6% |
| FY2024 | $4.3B | +11.8% |
| FY2023 | $3.8B | +5.4% |
| FY2022 | $3.6B | -12.6% |
| FY2021 | $4.1B | +17.0% |
| FY2020 | $3.5B | +12.4% |
| FY2019 | $3.1B | +6.4% |
| FY2018 | $3.0B | -5.1% |
| FY2017 | $3.1B | -3.2% |
| FY2016 | $3.2B | +72.0% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026