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Black Hills BKH Net debt / EBITDA

Net debt / EBITDA at other companies

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5.2×+0.3×
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5.8×+0.5×
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4.4×-0.3×
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6.3×-0.1×
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5.3×-0.4×

Other financials

Income statement

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Revenue$452.8M+3.1%
Operating income$97.0M+17.6%
Net income$38.2M+38.9%
EPS (diluted)$0.50+31.6%

Balance sheet

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Cash & equivalents$71.5M+783%
Total debt$4.1B+0.2%
Total equity$3.9B+8.5%
Total assets$11.0B+9.4%

Cash flow

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Operating cash flow$195.1M+3.4%
CapEx$218.1M-0.4%
Free cash flow-$23.0M+24.1%

Valuation

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Market cap$5.46B+25.4%
Enterprise value$9.47B+12.5%
P/E18.3×+2.9×
P/S2.4×+0.4×

Profitability

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Operating margin23.9%+0.4pp
Net margin13%+0.3pp
FCF margin-13.3%-27.7pp

Returns & leverage

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Return on equity7.9%-0.2pp
Debt / equity-0.1×
Current ratio0.5×-0.1×

Where this comes from

Calculated from Black Hills’s reported figures.

Based on the most recent quarter.

The source filing: Black Hills’s 10-Q, filed August 6, 2026. Open the filing →

Filed
Aug 6, 2026, 1:21 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-337444

FAQ

What is Black Hills's net debt / EBITDA?
Black Hills (BKH) reported net debt / EBITDA of 4.8× in Q2 2026.
How has Black Hills's net debt / EBITDA changed year-over-year?
Black Hills's net debt / EBITDA decreased by 6.1% year-over-year, from 5.1× to 4.8×.
What is the long-term trend for Black Hills's net debt / EBITDA?
Over 5 years (2020 to 2025), Black Hills's net debt / EBITDA has grown at a -0.9% compound annual growth rate (CAGR), from 5.7× to 5.5×.
What does net debt / EBITDA mean?
Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.

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