TTM
12.6%
YoY change
−0.21pp
Trough year (2015)
-2.5%
Peak year (1996)
18.6%
Latest annual
12.6%
Net Profit Margin history chart for Black Hills (BKH) from 1985 to 2025
Latest: 12.6%
Net Profit Margin change chart for Black Hills (BKH) from 1985 to 2025
Latest: −0.21pp
Net Profit Margin history table for Black Hills (BKH) from 1985 to 2025
| 2025 | 12.6% | -0.21pp | ||
| 2024 | 12.8% | +1.59pp | ||
| 2023 | 11.2% | +1.12pp | ||
| 2022 | 10.1% | -2.02pp | ||
| 2021 | 12.1% | -1.27pp | ||
| 2020 | 13.4% | +1.92pp | ||
| 2019 | 11.5% | -3.24pp | ||
| 2018 | 14.7% | +4.20pp | ||
| 2017 | 10.5% | +5.79pp | ||
| 2016 | 4.7% | +7.29pp | ||
| 2015 | -2.5% | -11.94pp | ||
| 2014 | 9.4% | +0.19pp | ||
| 2013 | 9.2% | +0.48pp | ||
| 2012 | 8.7% | +4.82pp | ||
| 2011 | 3.9% | -1.72pp | ||
| 2010 | 5.6% | -0.79pp | ||
| 2009 | 6.4% | -4.02pp | ||
| 2008 | 10.4% | -6.74pp | ||
| 2007 | 17.2% | +2.25pp | ||
| 2006 | 14.9% | +9.48pp | ||
| 2005 | 5.4% | -7.56pp | ||
| 2004 | 13.0% | +8.11pp | ||
| 2003 | 4.9% | -1.87pp | ||
| 2002 | 6.8% | -5.17pp | ||
| 2001 | 11.9% | +8.68pp | ||
| 2000 | 3.3% | -1.43pp | ||
| 1999 | 4.7% | +0.89pp | ||
| 1998 | 3.8% | -6.53pp | ||
| 1997 | 10.3% | -8.31pp | ||
| 1996 | 18.6% | +1.56pp | ||
| 1995 | 17.1% | +0.72pp | ||
| 1994 | 16.4% | -0.07pp | ||
| 1993 | 16.4% | -1.02pp | ||
| 1992 | 17.4% | +0.43pp | ||
| 1991 | 17.0% | -0.94pp | ||
| 1990 | 18.0% | +0.38pp | ||
| 1989 | 17.6% | +9.87pp | ||
| 1988 | 7.7% | -8.95pp | ||
| 1987 | 16.7% | +2.55pp | ||
| 1986 | 14.1% | -1.68pp | ||
| 1985 | 15.8% | — |
- 202512.6%-0.21pp
- 202412.8%+1.59pp
- 202311.2%+1.12pp
- 202210.1%-2.02pp
- 202112.1%-1.27pp
- 202013.4%+1.92pp
- 201911.5%-3.24pp
- 201814.7%+4.20pp
- 201710.5%+5.79pp
- 20164.7%+7.29pp
- 2015-2.5%-11.94pp
- 20149.4%+0.19pp
- 20139.2%+0.48pp
- 20128.7%+4.82pp
- 20113.9%-1.72pp
- 20105.6%-0.79pp
- 20096.4%-4.02pp
- 200810.4%-6.74pp
- 200717.2%+2.25pp
- 200614.9%+9.48pp
- 20055.4%-7.56pp
- 200413.0%+8.11pp
- 20034.9%-1.87pp
- 20026.8%-5.17pp
- 200111.9%+8.68pp
- 20003.3%-1.43pp
- 19994.7%+0.89pp
- 19983.8%-6.53pp
- 199710.3%-8.31pp
- 199618.6%+1.56pp
- 199517.1%+0.72pp
- 199416.4%-0.07pp
- 199316.4%-1.02pp
- 199217.4%+0.43pp
- 199117.0%-0.94pp
- 199018.0%+0.38pp
- 198917.6%+9.87pp
- 19887.7%-8.95pp
- 198716.7%+2.55pp
- 198614.1%-1.68pp
- 198515.8%—
Net Profit Margin 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 Net Profit Margin at Black Hills (BKH)
According to Black Hills's latest reported financial statements, the company's latest reported net margin is 12.6%. Net profit margin is net income divided by revenue — the bottom-line share of each sales dollar that remains after all costs, including operating expenses, interest, and taxes. It is the most comprehensive profitability ratio, though it can swing on one-off items, so read it alongside the multi-year trend below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, Black Hills (BKH) net margin totalled 12.62% – contracted 0.2 percentage points year-over-year.
Across the available history, net margin reached its high of 18.63% in 1996 and its low of -2.55% in 2015.
Black Hills Net Profit Margin by Year
Black Hills Net Profit Margin 2025: 12.6%
Black Hills net margin in 2025 was 12.62%, contracted 0.2 percentage points from 2024.
Black Hills Net Profit Margin 2024: 12.8%
2024's net margin for Black Hills came in at 12.84%, expanded 1.6 percentage points from 2023.
Black Hills Net Profit Margin 2023: 11.2%
Black Hills posted net margin of 11.25% in 2023, expanded 1.1 percentage points from 2022.
Black Hills Net Profit Margin 2022: 10.1%
In 2022, Black Hills reported net margin of 10.13%, contracted 2.0 percentage points from 2021.
Black Hills Net Profit Margin 2021: 12.1%
Black Hills net margin in 2021 was 12.14%.
See more financial history for Black Hills (BKH).
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