Black Hills BKH Gas Utilities — Operating Income

Other segment segments

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CMSGas Utility — Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest

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CMSGas Utility — Income from Continuing Ops

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Questions, answered.

What is Black Hills's gas utilities — operating income?

Black Hills (BKH) reported gas utilities — operating income of $146.5M in Q1 2026.

How has Black Hills's gas utilities — operating income changed year-over-year?

Black Hills's gas utilities — operating income decreased by 3.3% year-over-year, from $151.5M to $146.5M.

What is the long-term trend for Black Hills's gas utilities — operating income?

Over 4 years (2021 to 2025), Black Hills's gas utilities — operating income has grown at a 11.0% compound annual growth rate (CAGR), from $211.2M to $320.9M.

What does gas utilities — operating income mean?

This metric represents the profit or loss generated by the gas utility business segment after deducting operating expenses from total revenues. It serves as a primary indicator of the segment's core operational efficiency and profitability before accounting for interest, taxes, or corporate-level allocations.