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Black Hills (BKH) Cash Flow Waterfall

Trace Black Hills's cash from operations down to free cash flow, then see where FCF goes — capex, buybacks, dividends, and debt repayment.

Operating CF

$621.80M

Capex

−$934.30M

Free Cash Flow

−$312.50M

FCF Margin

-50.3%

Cash flow waterfall for Black Hills (BKH) — TTM through Q1 2026

Free cash flow: −$312.50M

Cash flow breakdown for Black Hills (BKH) — TTM through Q1 2026

  • Operating Cash Flow$621.80M
  • Capital Expenditure−$934.30M
  • Free Cash Flow−$312.50M
  • Other Investing−$8.70M
  • Dividends Paid−$202.40M
  • Net Debt Change$342.30M
  • Other Financing & FX$198.60M
  • Net Cash Increase$17.30M
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