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Black Hills BKH Electric Utilities — Public Utilities Property Plant And Equipment Distribution

Other segment segments

Gas Utilities
$3.41B+9.9%

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SRPublic Utilities Property Plant And Equipment Transmission And Distribution
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CMSElectric Utility — Plant, property, and equipment, gross
$22.25B+9.4%
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BRK.AUtilities And Energy — Property Plant And Equipment Gross
$156.74B+5.0%
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CMSElectric Utility — Property, plant, and equipment, gross
$22.25B+9.4%
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NJRPublic Utilities And Other Property, Plant and Equipment, Gross
$7.3B+10.3%
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PORPublic Utilities Property Plant And Equipment Plant In Service Net
$10.58B+8.2%

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 us-gaap:PublicUtilitiesPropertyPlantAndEquipmentDistribution.

The official record: Black Hills’s 10-K, filed February 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Black Hills's electric utilities — public utilities property plant and equipment distribution?
Black Hills (BKH) reported electric utilities — public utilities property plant and equipment distribution of $1.35B in Q4 2025.
How has Black Hills's electric utilities — public utilities property plant and equipment distribution changed year-over-year?
Black Hills's electric utilities — public utilities property plant and equipment distribution increased by 8.8% year-over-year, from $1.24B to $1.35B.
What does electric utilities — public utilities property plant and equipment distribution mean?
Refers to the gross value of assets used to deliver electricity from substations to end-use residential, commercial, and industrial customers. It serves as a key indicator of the utility's physical footprint and the capital intensity required to maintain local service delivery.