Operating CF
$622M
Capex
-$934M
Free Cash Flow
-$313M
FCF Margin
-50.3%
Cash flow waterfall for Black Hills (BKH) — TTM through Q1 2026
Free cash flow: -$313M
Cash flow breakdown for Black Hills (BKH) — TTM through Q1 2026
| Line item | Amount | Running total |
|---|---|---|
| Operating Cash Flow | $622M | $622M |
| Capital Expenditure | -$934M | -$313M |
| Free Cash Flow | -$313M | -$313M |
| Other Investing | -$8.7M | -$321M |
| Dividends Paid | -$202M | -$524M |
| Net Debt Change | $342M | -$181M |
| Other Financing & FX | $199M | $17.3M |
| Net Cash Increase | $17.3M | $17.3M |
- Operating Cash Flow$622M
- Capital Expenditure-$934M
- Free Cash Flow-$313M
- Other Investing-$8.7M
- Dividends Paid-$202M
- Net Debt Change$342M
- Other Financing & FX$199M
- Net Cash Increase$17.3M
Want to see what drove the FCF change?Free Cash Flow Bridge
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