TTM
$2.29B
YoY change
+8.6%
5Y CAGR
+6.4%
Peak year (2022)
$2.55B
Cumulative revenue
$40.56B
Revenue history chart for Black Hills (BKH) from 1985 to 2025
Latest: $2.31B
Revenue growth chart for Black Hills (BKH) from 1985 to 2025
Latest: +8.6%
Revenue history table for Black Hills (BKH) from 1985 to 2025
| 2025 | $2.31B | +8.6% | +$182.30M | ||
| 2024 | $2.13B | -8.7% | −$203.60M | ||
| 2023 | $2.33B | -8.6% | −$220.50M | ||
| 2022 | $2.55B | +30.9% | +$602.70M | ||
| 2021 | $1.95B | +14.9% | +$252.16M | ||
| 2020 | $1.70B | -2.2% | −$37.96M | ||
| 2019 | $1.73B | -1.1% | −$19.37M | ||
| 2018 | $1.75B | +4.4% | +$74.00M | ||
| 2017 | $1.68B | +9.2% | +$141.35M | ||
| 2016 | $1.54B | +22.0% | +$277.59M | ||
| 2015 | $1.26B | -9.5% | −$132.25M | ||
| 2014 | $1.39B | +9.2% | +$117.72M | ||
| 2013 | $1.28B | +8.7% | +$101.97M | ||
| 2012 | $1.17B | -7.7% | −$98.30M | ||
| 2011 | $1.27B | +4.3% | +$52.50M | ||
| 2010 | $1.22B | -3.9% | −$49.89M | ||
| 2009 | $1.27B | +26.2% | +$263.79M | ||
| 2008 | $1.01B | +75.0% | +$430.95M | ||
| 2007 | $574.84M | +5.9% | +$32.25M | ||
| 2006 | $542.59M | -11.6% | −$70.96M | ||
| 2005 | $613.54M | +37.7% | +$168.00M | ||
| 2004 | $445.54M | -64.4% | −$804.51M | ||
| 2003 | $1.25B | +37.6% | +$341.57M | ||
| 2002 | $908.48M | +23.1% | +$170.65M | ||
| 2001 | $737.83M | -54.6% | −$886.01M | ||
| 2000 | $1.62B | +105.1% | +$831.94M | ||
| 1999 | $791.90M | +16.6% | +$112.60M | ||
| 1998 | $679.30M | +116.5% | +$365.60M | ||
| 1997 | $313.70M | +92.9% | +$151.10M | ||
| 1996 | $162.60M | +8.5% | +$12.70M | ||
| 1995 | $149.90M | +3.0% | +$4.40M | ||
| 1994 | $145.50M | +4.4% | +$6.10M | ||
| 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$2.31B+8.6%
- 2024$2.13B-8.7%
- 2023$2.33B-8.6%
- 2022$2.55B+30.9%
- 2021$1.95B+14.9%
- 2020$1.70B-2.2%
- 2019$1.73B-1.1%
- 2018$1.75B+4.4%
- 2017$1.68B+9.2%
- 2016$1.54B+22.0%
- 2015$1.26B-9.5%
- 2014$1.39B+9.2%
- 2013$1.28B+8.7%
- 2012$1.17B-7.7%
- 2011$1.27B+4.3%
- 2010$1.22B-3.9%
- 2009$1.27B+26.2%
- 2008$1.01B+75.0%
- 2007$574.84M+5.9%
- 2006$542.59M-11.6%
- 2005$613.54M+37.7%
- 2004$445.54M-64.4%
- 2003$1.25B+37.6%
- 2002$908.48M+23.1%
- 2001$737.83M-54.6%
- 2000$1.62B+105.1%
- 1999$791.90M+16.6%
- 1998$679.30M+116.5%
- 1997$313.70M+92.9%
- 1996$162.60M+8.5%
- 1995$149.90M+3.0%
- 1994$145.50M+4.4%
- 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—
Revenue 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 Revenue at Black Hills (BKH)
According to Black Hills's latest reported financial statements, the company's current revenue (TTM) is $2.29B. Revenue is the total income from selling goods or services before any expenses. Unlike net income (earnings), revenue does not subtract operating costs, taxes, or other charges. Figures are in USD; chart and tables below use historical filings.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Black Hills (BKH) most recent annual revenue stands at $2.31B (2025) – grew 8.6% year-over-year.
Black Hills revenue has grown on net over the period, with a +6.4% compound annual growth rate over 2020–2025 (5 years).
Black Hills revenue declined from $2.55B in 2022 to $2.31B in 2025, a 9.5% drawdown.
Across the available history, revenue reached its high of $2.55B in 2022 and its low of $111.90M in 1986.
Black Hills Revenue by Year
Black Hills Revenue 2025: $2.31B
Black Hills revenue in 2025 was $2.31B, grew 8.6% from 2024.
Black Hills Revenue 2024: $2.13B
2024's revenue for Black Hills came in at $2.13B, declined 8.7% below 2023.
Black Hills Revenue 2023: $2.33B
Black Hills posted revenue of $2.33B in 2023, declined 8.6% below 2022.
Black Hills Revenue 2022: $2.55B
In 2022, Black Hills reported revenue of $2.55B, surged 30.9% from 2021. This figure represents the highest annual value in the available history.
Black Hills Revenue 2021: $1.95B
Black Hills revenue in 2021 was $1.95B.
See more financial history for Black Hills (BKH).
Sector peers by Revenue
Utilities peers of Black Hills (BKH), ranked by their latest revenue
| $38.07B | |
| $32.24B | |
| $29.55B | |
| $27.48B | |
| $25.53B | |
| $21.78B | |
| $16.51B | |
| $13.71B |
- $38.07B
- $32.24B
- $29.55B
- $27.48B
- $25.53B
- $16.51B
- $13.71B
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