Total Liabilities for Black Hills (BKH)
According to Black Hills's latest reported financial statements, the company's latest reported total liabilities is $6.96B USD. Total liabilities sum everything the company owes at the end of each reporting period — accounts payable, accrued expenses, debt, lease obligations, and other claims — as filed on the balance sheet. Compare with total assets and net assets for solvency context.
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
$6.96B
YoY change
+8.2%
5Y CAGR
+5.1%
Peak year (2025)
$6.96B
Latest annual
$6.96B
Total Liabilities history chart for Black Hills (BKH) from 1994 to 2025
Total Liabilities history table for Black Hills (BKH) from 1994 to 2025
| Fiscal year | Period ended | Reported | Total Liabilities | YoY |
|---|---|---|---|---|
| 2025 | $6.96B | +8.2% | ||
| 2024 | $6.44B | +1.9% | ||
| 2023 | $6.31B | -3.3% | ||
| 2022 | $6.53B | +4.5% | ||
| 2021 | $6.24B | +15.1% | ||
| 2020 | $5.43B | +6.5% | ||
| 2019 | $5.09B | +8.9% | ||
| 2018 | $4.68B | -3.4% | ||
| 2017 | $4.84B | +1.1% | ||
| 2016 | $4.79B | +50.0% | ||
| 2015 | $3.19B | +9.8% | ||
| 2014 | $2.90B | +13.1% | ||
| 2013 | $2.57B | +2.8% | ||
| 2012 | $2.50B | -14.4% | ||
| 2011 | $2.92B | +11.7% | ||
| 2010 | $2.61B | +16.9% | ||
| 2009 | $2.23B | -4.1% | ||
| 2008 | $2.33B | +55.5% | ||
| 2007 | $1.50B | +3.3% | ||
| 2006 | $1.45B | +5.3% | ||
| 2005 | $1.38B | +4.6% | ||
| 2004 | $1.32B | -2.5% | ||
| 2003 | $1.35B | -9.7% | ||
| 2002 | $1.49B | +32.9% | ||
| 2001 | $1.12B | +12.4% | ||
| 2000 | $1.00B | +118.2% | ||
| 1999 | $458.20M | +29.9% | ||
| 1998 | $352.70M | +16.3% | ||
| 1997 | $303.30M | +10.6% | ||
| 1996 | $274.20M | +2.9% | ||
| 1995 | $266.50M | +1.9% | ||
| 1994 | $261.50M | — |
Total Liabilities values are taken from Black Hills's reported balance sheets (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
2025's annual total liabilities for Black Hills (BKH) came in at $6.96B – grew 8.2% year-over-year.
Across 2020–2025 (5 years), Black Hills total liabilities produced a CAGR of +5.1% – with the latest reading among the more recent periods of the dataset.
2025 marks the peak total liabilities at $6.96B, with the historical low of $261.50M recorded in 1994.
Black Hills (BKH) sits 9th of 8 Utilities peers we track on this metric, against a peer median of $83.72B.
Black Hills Total Liabilities by Year
Black Hills Total Liabilities 2025: $6.96B
Black Hills total liabilities in 2025 was $6.96B, grew 8.2% from 2024. This figure represents the highest annual value in the available history.
Black Hills Total Liabilities 2024: $6.44B
Black Hills total liabilities in 2024 was $6.44B, edged up 1.9% from 2023.
Black Hills Total Liabilities 2023: $6.31B
Black Hills total liabilities in 2023 was $6.31B, edged down 3.3% below 2022.
Black Hills Total Liabilities 2022: $6.53B
Black Hills total liabilities in 2022 was $6.53B, edged up 4.5% from 2021.
Black Hills Total Liabilities 2021: $6.24B
Black Hills total liabilities in 2021 was $6.24B.
See more financial history for Black Hills (BKH).
Sector peers — Total Liabilities
Companies in the same sector as Black Hills, ranked by their latest total liabilities.
| Company | Total Liabilities | Sector |
|---|---|---|
| NextEra Energy, Inc. (NEE) | $146.24B | Utilities |
| Duke Energy Corporation (DUK) | $142.72B | Utilities |
| The Southern Company (SO) | $116.85B | Utilities |
| American Electric Power Company, Inc. (AEP) | $84.99B | Utilities |
| Dominion Energy, Inc. (D) | $82.44B | Utilities |
| Sempra (SRE) | $68.88B | Utilities |
| GE Vernova Inc. (GEV) | $50.72B | Utilities |
| Constellation Energy Corporation (CEG) | $42.40B | Utilities |
Frequently asked questions
What is Black Hills's total liabilities?
- Latest reported total liabilities for Black Hills (BKH) is $6.96B (period ending December 31, 2025).
How has Black Hills total liabilities changed year-over-year?
- Black Hills (BKH) total liabilities changed +8.2% year-over-year on the latest annual filing.
What is the long-term growth rate of Black Hills total liabilities?
- Black Hills (BKH) total liabilities compound annual growth rate is +5.1% over the most recent 5 years available.
When did Black Hills total liabilities hit its highest annual value?
- Black Hills total liabilities reached its highest annual value of $6.96B in 2025.
What was Black Hills total liabilities in 2024?
- Black Hills (BKH) total liabilities in 2024 was $6.44B.
What was Black Hills total liabilities in 2025?
- Black Hills (BKH) total liabilities in 2025 was $6.96B.
Metrics overview
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