Shares Outstanding for Black Hills (BKH)
According to Black Hills's latest reported financial statements, the company's latest reported diluted shares outstanding is 75.40M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
BKH
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Latest period
75.40M
YoY change
+4.7%
5Y CAGR
+3.2%
Peak year (2025)
73.20M
Latest annual
73.20M
Shares Outstanding history chart for Black Hills (BKH) from 1985 to 2025
Shares Outstanding history table for Black Hills (BKH) from 1985 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 73.20M | +4.7% | ||
| 2024 | 69.90M | +4.2% | ||
| 2023 | 67.10M | +3.2% | ||
| 2022 | 65.02M | +2.7% | ||
| 2021 | 63.33M | +1.4% | ||
| 2020 | 62.44M | +2.7% | ||
| 2019 | 60.80M | +9.5% | ||
| 2018 | 55.50M | +0.7% | ||
| 2017 | 55.10M | +3.4% | ||
| 2016 | 53.30M | +4.1% | ||
| 2015 | 51.19M | +14.6% | ||
| 2014 | 44.67M | +0.6% | ||
| 2013 | 44.42M | +0.8% | ||
| 2012 | 44.07M | +10.0% | ||
| 2011 | 40.08M | +2.5% | ||
| 2010 | 39.09M | +1.1% | ||
| 2009 | 38.68M | +1.3% | ||
| 2008 | 38.19M | +2.1% | ||
| 2007 | 37.41M | +11.5% | ||
| 2006 | 33.55M | +0.8% | ||
| 2005 | 33.29M | +1.1% | ||
| 2004 | 32.91M | +6.1% | ||
| 2003 | 31.02M | +14.5% | ||
| 2002 | 27.09M | +5.8% | ||
| 2001 | 25.60M | +14.9% | ||
| 2000 | 22.28M | +3.9% | ||
| 1999 | 21.45M | -1.1% | ||
| 1998 | 21.68M | -0.3% | ||
| 1997 | 21.74M | +0.5% | ||
| 1996 | 21.64M | +0.6% | ||
| 1995 | 21.51M | +0.3% | ||
| 1994 | 21.44M | +3.9% | ||
| 1993 | 20.63M | +0.5% | ||
| 1992 | 20.52M | +0.3% | ||
| 1991 | 20.45M | -0.9% | ||
| 1990 | 20.63M | +0.7% | ||
| 1989 | 20.49M | -0.9% | ||
| 1988 | 20.67M | +1.2% | ||
| 1987 | 20.41M | +0.0% | ||
| 1986 | 20.41M | +1.4% | ||
| 1985 | 20.12M | — |
Shares Outstanding 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
The 2025 reading of Black Hills (BKH) diluted shares outstanding is 73.20M – edged up 4.7% year-over-year.
Through 2020–2025 (5 years), Black Hills diluted shares outstanding delivered a +3.2% annualised rate; sustaining 26 straight years of year-over-year growth.
73.20M stands as the all-time-high annual diluted shares outstanding, posted in 2025, against a low of 20.12M during 1985.
Within Utilities, Black Hills (BKH) ranks 9th among 8 peers we track. The peer median for diluted shares outstanding is 714.85M.
Black Hills Shares Outstanding by Year
Black Hills Shares Outstanding 2025: 73.20M
Black Hills diluted shares outstanding in 2025 was 73.20M, edged up 4.7% from 2024. This figure represents the highest annual value in the available history.
Black Hills Shares Outstanding 2024: 69.90M
Black Hills diluted shares outstanding in 2024 was 69.90M, edged up 4.2% from 2023.
Black Hills Shares Outstanding 2023: 67.10M
Black Hills diluted shares outstanding in 2023 was 67.10M, edged up 3.2% from 2022.
Black Hills Shares Outstanding 2022: 65.02M
Black Hills diluted shares outstanding in 2022 was 65.02M, edged up 2.7% from 2021.
Black Hills Shares Outstanding 2021: 63.33M
Black Hills diluted shares outstanding in 2021 was 63.33M.
See more financial history for Black Hills (BKH).
Sector peers — Shares Outstanding
Companies in the same sector as Black Hills, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| NextEra Energy, Inc. (NEE) | 2.09B | Utilities |
| The Southern Company (SO) | 1.11B | Utilities |
| Dominion Energy, Inc. (D) | 855.30M | Utilities |
| Duke Energy Corporation (DUK) | 777.00M | Utilities |
| Sempra (SRE) | 652.70M | Utilities |
| American Electric Power Company, Inc. (AEP) | 520.21M | Utilities |
| Constellation Energy Corporation (CEG) | 314.00M | Utilities |
| GE Vernova Inc. (GEV) | 276.00M | Utilities |
Frequently asked questions
What is Black Hills's diluted shares outstanding?
- Latest reported diluted shares outstanding for Black Hills (BKH) is 75.40M (period ending December 31, 2025).
How has Black Hills diluted shares outstanding changed year-over-year?
- Black Hills (BKH) diluted shares outstanding changed +4.7% year-over-year on the latest annual filing.
What is the long-term growth rate of Black Hills diluted shares outstanding?
- Black Hills (BKH) diluted shares outstanding compound annual growth rate is +3.2% over the most recent 5 years available.
When did Black Hills diluted shares outstanding hit its highest annual value?
- Black Hills diluted shares outstanding reached its highest annual value of 73.20M in 2025.
What was Black Hills diluted shares outstanding in 2024?
- Black Hills (BKH) diluted shares outstanding in 2024 was 69.90M.
What was Black Hills diluted shares outstanding in 2025?
- Black Hills (BKH) diluted shares outstanding in 2025 was 73.20M.
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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