TTM
$829.40M
YoY change
+5.4%
5Y CAGR
+5.1%
Peak year (2025)
$827.40M
Cumulative EBITDA
$12.90B
EBITDA history chart for Black Hills (BKH) from 1985 to 2025
Latest: $827.40M
EBITDA growth chart for Black Hills (BKH) from 1985 to 2025
Latest: +5.4%
EBITDA history table for Black Hills (BKH) from 1985 to 2025
| 2025 | $827.40M | +5.4% | +$42.10M | ||
| 2024 | $785.30M | +6.4% | +$46.90M | ||
| 2023 | $738.40M | +4.1% | +$28.90M | ||
| 2022 | $709.50M | +9.4% | +$61.00M | ||
| 2021 | $648.50M | +0.5% | +$3.43M | ||
| 2020 | $645.07M | +9.1% | +$53.76M | ||
| 2019 | $591.31M | -0.4% | −$2.51M | ||
| 2018 | $593.83M | -2.3% | −$14.28M | ||
| 2017 | $608.11M | +17.5% | +$90.57M | ||
| 2016 | $517.54M | +20.0% | +$86.15M | ||
| 2015 | $431.39M | +4.4% | +$18.17M | ||
| 2014 | $413.22M | -4.0% | −$17.32M | ||
| 2013 | $430.55M | +0.3% | +$1.39M | ||
| 2012 | $429.16M | +50.9% | +$144.72M | ||
| 2011 | $284.44M | -8.7% | −$27.21M | ||
| 2010 | $311.65M | -1.6% | −$5.06M | ||
| 2009 | $316.71M | +319.0% | +$241.13M | ||
| 2008 | $75.59M | -66.5% | −$149.83M | ||
| 2007 | $225.41M | +14.9% | +$29.20M | ||
| 2006 | $196.22M | +15.4% | +$26.25M | ||
| 2005 | $169.97M | -21.5% | −$46.54M | ||
| 2004 | $216.50M | +2.1% | +$4.54M | ||
| 2003 | $211.96M | +20.0% | +$35.38M | ||
| 2002 | $176.58M | -9.5% | −$18.50M | ||
| 2001 | $195.09M | +32.2% | +$47.47M | ||
| 2000 | $147.61M | +69.9% | +$60.71M | ||
| 1999 | $86.90M | +18.4% | +$13.50M | ||
| 1998 | $73.40M | -9.7% | −$7.90M | ||
| 1997 | $81.30M | +5.4% | +$4.20M | ||
| 1996 | $77.10M | +24.6% | +$15.20M | ||
| 1995 | $61.90M | +9.6% | +$5.40M | ||
| 1994 | $56.50M | -59.5% | −$82.90M | ||
| 1993 | $139.40M | +3.0% | +$4.10M | ||
| 1992 | $135.30M | +1.4% | +$1.90M | ||
| 1991 | $133.40M | +4.6% | +$5.90M | ||
| 1990 | $127.50M | +6.3% | +$7.50M | ||
| 1989 | $120.00M | -57.7% | −$163.90M | ||
| 1988 | $283.90M | +131.9% | +$161.50M | ||
| 1987 | $122.40M | +9.4% | +$10.50M | ||
| 1986 | $111.90M | -1.8% | −$2.00M | ||
| 1985 | $113.90M | — | — |
- 2025$827.40M+5.4%
- 2024$785.30M+6.4%
- 2023$738.40M+4.1%
- 2022$709.50M+9.4%
- 2021$648.50M+0.5%
- 2020$645.07M+9.1%
- 2019$591.31M-0.4%
- 2018$593.83M-2.3%
- 2017$608.11M+17.5%
- 2016$517.54M+20.0%
- 2015$431.39M+4.4%
- 2014$413.22M-4.0%
- 2013$430.55M+0.3%
- 2012$429.16M+50.9%
- 2011$284.44M-8.7%
- 2010$311.65M-1.6%
- 2009$316.71M+319.0%
- 2008$75.59M-66.5%
- 2007$225.41M+14.9%
- 2006$196.22M+15.4%
- 2005$169.97M-21.5%
- 2004$216.50M+2.1%
- 2003$211.96M+20.0%
- 2002$176.58M-9.5%
- 2001$195.09M+32.2%
- 2000$147.61M+69.9%
- 1999$86.90M+18.4%
- 1998$73.40M-9.7%
- 1997$81.30M+5.4%
- 1996$77.10M+24.6%
- 1995$61.90M+9.6%
- 1994$56.50M-59.5%
- 1993$139.40M+3.0%
- 1992$135.30M+1.4%
- 1991$133.40M+4.6%
- 1990$127.50M+6.3%
- 1989$120.00M-57.7%
- 1988$283.90M+131.9%
- 1987$122.40M+9.4%
- 1986$111.90M-1.8%
- 1985$113.90M—
EBITDA values are taken from Black Hills's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About EBITDA at Black Hills (BKH)
According to Black Hills's latest reported financial statements, the company's current EBITDA (TTM) is $829.40M. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Black Hills (BKH) reported EBITDA of $827.40M – grew 5.4% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Black Hills EBITDA compounded at +5.1% per year, sustaining 6 straight years of year-over-year growth.
Across the available history, EBITDA reached its high of $827.40M in 2025 and its low of $56.50M in 1994.
Black Hills EBITDA by Year
Black Hills EBITDA 2025: $827.40M
2025's EBITDA for Black Hills came in at $827.40M, grew 5.4% from 2024. This figure represents the highest annual value in the available history.
Black Hills EBITDA 2024: $785.30M
Black Hills posted EBITDA of $785.30M in 2024, grew 6.4% from 2023.
Black Hills EBITDA 2023: $738.40M
In 2023, Black Hills reported EBITDA of $738.40M, edged up 4.1% from 2022.
Black Hills EBITDA 2022: $709.50M
Black Hills EBITDA in 2022 was $709.50M, grew 9.4% from 2021.
Black Hills EBITDA 2021: $648.50M
Black Hills EBITDA in 2021 was $648.50M.
See more financial history for Black Hills (BKH).
Sector peers by EBITDA
Utilities peers of Black Hills (BKH), ranked by their latest EBITDA
| $16.16B | |
| $15.67B | |
| $14.33B | |
| $9.34B | |
| $8.02B | |
| $6.87B | |
| $5.01B | |
| $3.68B |
- $16.16B
- $15.67B
- $14.33B
- $8.02B
- $6.87B
- $3.68B
Frequently asked questions
Black Hills (BKH) Key Financials
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