Gross Profit for Black Hills (BKH)
According to Black Hills's latest reported financial statements, the company's current gross profit (TTM) is $888.70M USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
BKH
Currently viewingRevenueSwitch metric
TTM (last 4 quarters)
$888.70M
YoY change
+5.7%
5Y CAGR
+4.6%
Peak year (2025)
$888.70M
Cumulative gross profit
$16.38B
Gross Profit history chart for Black Hills (BKH) from 1985 to 2025
Gross Profit history table for Black Hills (BKH) from 1985 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $888.70M | +5.7% | ||
| 2024 | $840.40M | +5.5% | ||
| 2023 | $796.40M | +3.1% | ||
| 2022 | $772.80M | +9.5% | ||
| 2021 | $705.50M | -0.5% | ||
| 2020 | $709.13M | +6.1% | ||
| 2019 | $668.08M | +3.3% | ||
| 2018 | $646.95M | -2.3% | ||
| 2017 | $662.37M | +8.0% | ||
| 2016 | $613.18M | +27.6% | ||
| 2015 | $480.63M | +6.2% | ||
| 2014 | $452.69M | +3.3% | ||
| 2013 | $438.02M | -0.1% | ||
| 2012 | $438.62M | +23.1% | ||
| 2011 | $356.25M | -45.4% | ||
| 2010 | $652.72M | +5.8% | ||
| 2009 | $616.85M | +10.9% | ||
| 2008 | $556.05M | +34.4% | ||
| 2007 | $413.83M | +17.9% | ||
| 2006 | $350.93M | -17.2% | ||
| 2005 | $423.79M | +16.9% | ||
| 2004 | $362.62M | -31.8% | ||
| 2003 | $531.60M | +62.3% | ||
| 2002 | $327.50M | -7.7% | ||
| 2001 | $354.92M | +40.8% | ||
| 2000 | $252.00M | +63.0% | ||
| 1999 | $154.60M | +4.6% | ||
| 1998 | $147.80M | +8.2% | ||
| 1997 | $136.60M | +6.4% | ||
| 1996 | $128.40M | +16.1% | ||
| 1995 | $110.60M | +6.9% | ||
| 1994 | $103.50M | -25.8% | ||
| 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 | — |
Gross Profit values are taken from Black Hills's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Black Hills (BKH) reported gross profit of $888.70M – grew 5.7% year-over-year.
Through 2020–2025 (5 years), Black Hills gross profit delivered a +4.6% annualised rate; sustaining 4 straight years of year-over-year growth.
$888.70M stands as the all-time-high annual gross profit, posted in 2025, against a low of $103.50M during 1994.
Black Hills (BKH) sits 9th of 8 Utilities peers we track on this metric, against a peer median of $8.45B.
Black Hills Gross Profit by Year
Black Hills Gross Profit 2025: $888.70M
Black Hills gross profit in 2025 was $888.70M, grew 5.7% from 2024. This figure represents the highest annual value in the available history.
Black Hills Gross Profit 2024: $840.40M
Black Hills gross profit in 2024 was $840.40M, grew 5.5% from 2023.
Black Hills Gross Profit 2023: $796.40M
Black Hills gross profit in 2023 was $796.40M, edged up 3.1% from 2022.
Black Hills Gross Profit 2022: $772.80M
Black Hills gross profit in 2022 was $772.80M, grew 9.5% from 2021.
Black Hills Gross Profit 2021: $705.50M
Black Hills gross profit in 2021 was $705.50M.
See more financial history for Black Hills (BKH).
Sector peers — Gross Profit
Companies in the same sector as Black Hills, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Constellation Energy Corporation (CEG) | $19.36B | Utilities |
| NextEra Energy, Inc. (NEE) | $17.25B | Utilities |
| Duke Energy Corporation (DUK) | $10.17B | Utilities |
| The Southern Company (SO) | $8.81B | Utilities |
| Dominion Energy, Inc. (D) | $8.09B | Utilities |
| GE Vernova Inc. (GEV) | $7.54B | Utilities |
| American Electric Power Company, Inc. (AEP) | $6.93B | Utilities |
| Sempra (SRE) | $4.00B | Utilities |
Frequently asked questions
What is Black Hills's gross profit?
- Latest reported gross profit for Black Hills (BKH) is $888.70M (period ending December 31, 2025).
How has Black Hills gross profit changed year-over-year?
- Black Hills (BKH) gross profit changed +5.7% year-over-year on the latest annual filing.
What is the long-term growth rate of Black Hills gross profit?
- Black Hills (BKH) gross profit compound annual growth rate is +4.6% over the most recent 5 years available.
When did Black Hills gross profit hit its highest annual value?
- Black Hills gross profit reached its highest annual value of $888.70M in 2025.
What was Black Hills gross profit in 2024?
- Black Hills (BKH) gross profit in 2024 was $840.40M.
What was Black Hills gross profit in 2025?
- Black Hills (BKH) gross profit in 2025 was $888.70M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
BKH Overview
Company profile, financial tools, and key metrics
BKH Revenue Counter
Earns $73.25 every second. See per minute, hour, and day.
BKH Earnings Counter
Earns $9.25 per second net profit. See per minute, hour, and day.
BKH Economic Scale
Exceeds Lesotho's GDP. Compare with world economies.
BKH What If Invested
What if you had invested $1,000? See historical returns from any date.
BKH How It Makes Money
Discover visual breakdown of $2.31B in revenue — where it comes from and where it goes.
BKH Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
BKH Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
BKH Daily Price Character
Steady · 44.1% historical win rate (green days). Streaks & record days.
BKH Buybacks
Recent repurchase activity. Shareholder yield & SBC comparison.
BKH Stock Split History
5 splits on record. Dates, ratios, and cumulative multiple.
BKH Dividend Profile
Yield: 3.68%. Safety: 6/8. See full history.
BKH Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
BKH Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.