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

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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 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 gas utilities — public utilities property plant and equipment distribution?
Black Hills (BKH) reported gas utilities — public utilities property plant and equipment distribution of $3.41B in Q4 2025.
How has Black Hills's gas utilities — public utilities property plant and equipment distribution changed year-over-year?
Black Hills's gas utilities — public utilities property plant and equipment distribution increased by 9.9% year-over-year, from $3.11B to $3.41B.
What does gas utilities — public utilities property plant and equipment distribution mean?
This metric measures the value of the local network of pipelines, meters, and service lines used to deliver gas directly to residential, commercial, and industrial end-users. It is a critical indicator of the segment's ability to serve its customer base and maintain reliable service coverage.