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Black Hills BKH Electric Utilities — Costs And Expenses Allocated

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Other financials

Income statement

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Revenue$780.7M-3.0%
Operating income$201.9M-1.5%
Net income$131.0M-2.5%
EPS (diluted)$1.73-7.5%

Balance sheet

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Cash & equivalents$23.6M+258%
Total debt$4.2B+5.8%
Total equity$3.9B+8.5%
Total assets$10.8B+7.5%

Cash flow

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Operating cash flow$176.2M-22.7%
CapEx$267.4M+74.9%
Free cash flow-$91.2M-222%

Valuation

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Market cap$5.54B+20.7%
Enterprise value$9.76B+13.4%
P/E19.2×+2.8×
P/S2.4×+0.3×

Profitability

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Operating margin23.4%+0.1pp
Net margin12.6%-0.1pp
FCF margin-13.7%-14.0pp

Returns & leverage

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Return on equity7.6%-0.4pp
Debt / equity1.1×0.0×
Current ratio0.6×-0.1×

Where this comes from

Reported directly by Black Hills in its filing.

Tagged under the XBRL concept bkh:CostsAndExpensesAllocated.

The official record: Black Hills’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Black Hills's electric utilities — costs and expenses allocated?
Black Hills (BKH) reported electric utilities — costs and expenses allocated of $32M in Q1 2026.
How has Black Hills's electric utilities — costs and expenses allocated changed year-over-year?
Black Hills's electric utilities — costs and expenses allocated decreased by 3.3% year-over-year, from $33.1M to $32M.
What is the long-term trend for Black Hills's electric utilities — costs and expenses allocated?
Over 3 years (2022 to 2025), Black Hills's electric utilities — costs and expenses allocated has grown at a 3.2% compound annual growth rate (CAGR), from $120.8M to $132.6M.
What does electric utilities — costs and expenses allocated mean?
Reflects the portion of shared corporate or administrative costs distributed to the electric utility segment. Monitoring this helps evaluate the impact of centralized management and support services on the segment's overall profitability.