Latest period
-$313M
YoY change
+488.0%
5Y CAGR
—
Peak year (FY2023)
$389M
Latest annual
-$146M
Free Cash Flow history chart for Black Hills (BKH) from 2016 to 2025
Latest: -$146M
Free Cash Flow growth chart for Black Hills (BKH) from 2016 to 2025
Latest: +488.0%
Free Cash Flow history table for Black Hills (BKH) from 1994 to 2025
| FY2025 | -$146M | +488.0% | -$122M | ||
| FY2024 | -$24.9M | -106.4% | -$414M | ||
| FY2023 | $389M | -2083.7% | +$408M | ||
| FY2022 | -$19.6M | -97.4% | +$722M | ||
| FY2021 | -$742M | +229.0% | -$517M | ||
| FY2020 | -$226M | -27.9% | +$87.3M | ||
| FY2019 | -$313M | -1100.0% | -$344M | ||
| FY2018 | $31.3M | -69.4% | -$71M | ||
| FY2017 | $102M | -166.3% | +$257M | ||
| FY2016 | -$154M | +461.6% | -$127M | ||
| FY2015 | -$27.5M | -63.4% | +$47.6M | ||
| FY2014 | -$75M | +149.1% | -$44.9M | ||
| FY2013 | -$30.1M | -6.3% | +$2.04M | ||
| FY2012 | -$32.2M | -85.2% | +$185M | ||
| FY2011 | -$217M | -33.2% | +$108M | ||
| FY2010 | -$325M | +325.5% | -$249M | ||
| FY2009 | -$76.4M | -58.3% | +$107M | ||
| FY2008 | -$183M | +1872.5% | -$174M | ||
| FY2007 | -$9.29M | -80.9% | +$39.5M | ||
| FY2006 | -$48.8M | -234.6% | -$85M | ||
| FY2005 | $36.2M | -20.8% | -$9.49M | ||
| FY2004 | $45.7M | -43.0% | -$34.5M | ||
| FY2003 | $80.2M | -661.0% | +$94.5M | ||
| FY2002 | -$14.3M | -92.9% | +$187M | ||
| FY2001 | -$201M | +233.0% | -$141M | ||
| FY2000 | -$60.4M | +111.9% | -$31.9M | ||
| FY1999 | -$28.5M | -204.0% | -$55.9M | ||
| FY1998 | $27.4M | -1.1% | -$300K | ||
| FY1997 | $27.7M | -10.6% | -$3.3M | ||
| FY1996 | $31M | -1169.0% | +$33.9M | ||
| FY1995 | -$2.9M | -94.4% | +$48.9M | ||
| FY1994 | -$51.8M | — | — |
- FY2025-$146M+488.0%
- FY2024-$24.9M-106.4%
- FY2023$389M-2083.7%
- FY2022-$19.6M-97.4%
- FY2021-$742M+229.0%
- FY2020-$226M-27.9%
- FY2019-$313M-1100.0%
- FY2018$31.3M-69.4%
- FY2017$102M-166.3%
- FY2016-$154M+461.6%
- FY2015-$27.5M-63.4%
- FY2014-$75M+149.1%
- FY2013-$30.1M-6.3%
- FY2012-$32.2M-85.2%
- FY2011-$217M-33.2%
- FY2010-$325M+325.5%
- FY2009-$76.4M-58.3%
- FY2008-$183M+1872.5%
- FY2007-$9.29M-80.9%
- FY2006-$48.8M-234.6%
- FY2005$36.2M-20.8%
- FY2004$45.7M-43.0%
- FY2003$80.2M-661.0%
- FY2002-$14.3M-92.9%
- FY2001-$201M+233.0%
- FY2000-$60.4M+111.9%
- FY1999-$28.5M-204.0%
- FY1998$27.4M-1.1%
- FY1997$27.7M-10.6%
- FY1996$31M-1169.0%
- FY1995-$2.9M-94.4%
- FY1994-$51.8M—
Free Cash Flow values are taken from Black Hills's reported cash flow 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 Free Cash Flow at Black Hills (BKH)
Free Cash Flow for Black Hills (BKH): headline value -$313M · YoY +488.0%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual free cash flow for Black Hills (BKH) came in at -$146M – surged 488.0% year-over-year.
Black Hills free cash flow peaked at $389M in 2023; the latest annual figure is -$146M in 2025 (137.7% below peak).
$389M stands as the all-time-high annual free cash flow, posted in 2023, against a low of -$742M during 2021.
Black Hills Free Cash Flow by Year
Black Hills Free Cash Flow 2025: -$146M
In 2025, Black Hills reported free cash flow of -$146M, surged 488.0% from 2024.
Black Hills Free Cash Flow 2024: -$24.9M
Black Hills free cash flow in 2024 was -$24.9M, plunged 106.4% below 2023.
Black Hills Free Cash Flow 2023: $389M
2023's free cash flow for Black Hills came in at $389M, plunged 2083.7% below 2022. This figure represents the highest annual value in the available history.
Black Hills Free Cash Flow 2022: -$19.6M
Black Hills posted free cash flow of -$19.6M in 2022, plunged 97.4% below 2021.
Black Hills Free Cash Flow 2021: -$742M
Black Hills free cash flow in 2021 was -$742M.
See more financial history for Black Hills (BKH).
Sector peers by Free Cash Flow
Utilities peers of Black Hills (BKH), ranked by their latest free cash flow
| $6.81B | |
| $3.71B | |
| $3.21B | |
| $1.29B | |
| -$1.67B | |
| -$2.94B | |
| -$6.05B | |
| -$7.28B |
- $3.71B
- $3.21B
- -$1.67B
- -$2.94B
- -$6.05B
- -$7.28B
Frequently asked questions
Black Hills (BKH) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation
- Buybacks
- Dividend Profile3.78% yield
- Dividend Calculator
- Dividend Forecast
- Dividend Capture
- Stock Split History5 splits
How this company returns cash to shareholders — buybacks, dividends, and stock splits.