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Black Hills BKH Price / book

Price / book at other companies

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Xcel EnergyXEL
2.1×0.0×
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EvergyEVRG
1.9×+0.4×
NorthWestern Energy Group, Inc. logo
NorthWestern Energy Group, Inc.NWE
1.4×+0.2×
Unitil logo
UnitilUTL
1.5×-0.3×
PG&E logo
PG&EPCG
1.1×+0.1×
Duke Energy logo
Duke EnergyDUK
1.7×-0.1×

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 price / book?
Black Hills (BKH) reported price / book of 1.4× in Q2 2026.
How has Black Hills's price / book changed year-over-year?
Black Hills's price / book increased by 26.8% year-over-year, from 1.1× to 1.4×.
What is the long-term trend for Black Hills's price / book?
Over 5 years (2020 to 2025), Black Hills's price / book has grown at a -2.2% compound annual growth rate (CAGR), from 1.5× to 1.4×.
What does price / book mean?
Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.

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