How much revenue does Black Hills (BKH) generate?

Black Hills (BKH) generated $2.29B in total revenue in TTM through Q1 2026, with a net profit margin of 12.6%, equivalent to roughly $288.30M in net income — what remains after every operating cost, interest payment, and income tax has been paid.

What is the gross profit margin of Black Hills (BKH)?

Black Hills (BKH) reported a gross profit margin of 35.7% in TTM through Q1 2026, equivalent to $814.90M in gross profit on $2.29B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of Black Hills (BKH)?

Black Hills (BKH) reported an operating profit margin of 23.3% in TTM through Q1 2026, equivalent to $532.50M in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of Black Hills (BKH)?

Black Hills (BKH) reported a net profit margin of 12.6% in TTM through Q1 2026, equivalent to $288.30M in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is Black Hills (BKH) profitable?

Yes. Black Hills (BKH) reported $288.30M in net income for TTM through Q1 2026, with a net profit margin of 12.6%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does Black Hills (BKH) spend on capital expenditures?

Black Hills (BKH) spent $934.30M on capital expenditures (CapEx) during TTM through Q1 2026, roughly 40.9% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does Black Hills (BKH) generate?

Black Hills (BKH) generated −$312.50M in free cash flow during TTM through Q1 2026, a free-cash-flow margin of -13.7%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of Black Hills (BKH)?

Black Hills (BKH) had an effective tax rate of 12.7% in TTM through Q1 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

How Black Hills Makes Money: 2026 Visual Revenue Map

Black Hills (BKH) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported May 7, 2026).

Black Hills discloses geographic revenue only in annual filings. to view the full breakdown.

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