Net Income for Black Hills (BKH)
According to Black Hills's latest reported financial statements, the company's current net income (TTM) is $291.60M USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

BKH
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$291.60M
YoY change
+6.8%
5Y CAGR
+5.1%
Peak year (2025)
$291.60M
Cumulative net income
$3.78B
Net Income history chart for Black Hills (BKH) from 1985 to 2025
Net Income history table for Black Hills (BKH) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $291.60M | +6.8% | ||
| 2024 | $273.10M | +4.2% | ||
| 2023 | $262.20M | +1.5% | ||
| 2022 | $258.40M | +9.2% | ||
| 2021 | $236.70M | +4.0% | ||
| 2020 | $227.61M | +14.2% | ||
| 2019 | $199.31M | -22.9% | ||
| 2018 | $258.44M | +46.0% | ||
| 2017 | $177.03M | +142.6% | ||
| 2016 | $72.97M | -327.2% | ||
| 2015 | -$32.11M | -124.5% | ||
| 2014 | $130.89M | +11.5% | ||
| 2013 | $117.42M | +14.6% | ||
| 2012 | $102.44M | +106.0% | ||
| 2011 | $49.73M | -27.6% | ||
| 2010 | $68.69M | -15.8% | ||
| 2009 | $81.56M | -22.4% | ||
| 2008 | $105.08M | +6.4% | ||
| 2007 | $98.77M | +21.9% | ||
| 2006 | $81.02M | +142.4% | ||
| 2005 | $33.42M | -42.4% | ||
| 2004 | $57.97M | -5.3% | ||
| 2003 | $61.22M | -0.4% | ||
| 2002 | $61.45M | -30.2% | ||
| 2001 | $88.08M | +66.7% | ||
| 2000 | $52.85M | +42.4% | ||
| 1999 | $37.10M | +43.8% | ||
| 1998 | $25.80M | -20.4% | ||
| 1997 | $32.40M | +6.9% | ||
| 1996 | $30.30M | +18.4% | ||
| 1995 | $25.60M | +7.6% | ||
| 1994 | $23.80M | +3.9% | ||
| 1993 | $22.90M | -3.0% | ||
| 1992 | $23.60M | +4.0% | ||
| 1991 | $22.70M | -0.9% | ||
| 1990 | $22.90M | +8.5% | ||
| 1989 | $21.10M | -3.7% | ||
| 1988 | $21.90M | +7.4% | ||
| 1987 | $20.40M | +29.1% | ||
| 1986 | $15.80M | -12.2% | ||
| 1985 | $18.00M | — |
Net Income 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
In 2025, Black Hills (BKH) net income totalled $291.60M – grew 6.8% year-over-year.
Over 2020–2025 (5 years), Black Hills net income expanded at a +5.1% compound annual rate, sustaining 6 straight years of year-over-year growth.
2025 marks the peak net income at $291.60M, with the historical low of -$32.11M recorded in 2015.
Black Hills (BKH) sits 9th of 8 Utilities peers we track on this metric, against a peer median of $3.96B.
Black Hills Net Income by Year
Black Hills Net Income 2025: $291.60M
Black Hills net income in 2025 was $291.60M, grew 6.8% from 2024. This figure represents the highest annual value in the available history.
Black Hills Net Income 2024: $273.10M
Black Hills net income in 2024 was $273.10M, edged up 4.2% from 2023.
Black Hills Net Income 2023: $262.20M
Black Hills net income in 2023 was $262.20M, edged up 1.5% from 2022.
Black Hills Net Income 2022: $258.40M
Black Hills net income in 2022 was $258.40M, grew 9.2% from 2021.
Black Hills Net Income 2021: $236.70M
Black Hills net income in 2021 was $236.70M.
See more financial history for Black Hills (BKH).
Sector peers — Net Income
Companies in the same sector as Black Hills, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| NextEra Energy, Inc. (NEE) | $6.83B | Utilities |
| Duke Energy Corporation (DUK) | $4.97B | Utilities |
| GE Vernova Inc. (GEV) | $4.88B | Utilities |
| The Southern Company (SO) | $4.34B | Utilities |
| American Electric Power Company, Inc. (AEP) | $3.58B | Utilities |
| Dominion Energy, Inc. (D) | $3.00B | Utilities |
| Constellation Energy Corporation (CEG) | $2.32B | Utilities |
| Sempra (SRE) | $1.84B | Utilities |
Frequently asked questions
What is Black Hills's net income?
- Latest reported net income for Black Hills (BKH) is $291.60M (period ending December 31, 2025).
How has Black Hills net income changed year-over-year?
- Black Hills (BKH) net income changed +6.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Black Hills net income?
- Black Hills (BKH) net income compound annual growth rate is +5.1% over the most recent 5 years available.
When did Black Hills net income hit its highest annual value?
- Black Hills net income reached its highest annual value of $291.60M in 2025.
What was Black Hills net income in 2024?
- Black Hills (BKH) net income in 2024 was $273.10M.
What was Black Hills net income in 2025?
- Black Hills (BKH) net income in 2025 was $291.60M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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