What is Black Hills's PP&E (net)?

Black Hills (BKH) reported PP&E (net) of $8.39B in Q1 2026.

How has Black Hills's PP&E (net) changed year-over-year?

Black Hills's PP&E (net) increased by 8.7% year-over-year, from $7.72B to $8.39B.

What is the long-term trend for Black Hills's PP&E (net)?

Over 5 years (2020 to 2025), Black Hills's PP&E (net) has grown at a 6.5% compound annual growth rate (CAGR), from $6.02B to $8.23B.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

Black Hills BKH PP&E (Net)

PP&E (Net) at other companies

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$67.81B+15.3%

EVR

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$26.8B+6.9%

NorthWestern Energy Group, Inc.NWE

$6.79B+5.7%

CMS

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$31.53B+13.0%

PG&EPCG

$98.22B+9.5%

MDU Resources GroupMDU

$6B+11.5%

Segments

By segment

See full

Gas Utilities$5.07B+7.5%

Electric Utilities$3.89B+9.4%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$176.2M-22.7%

CapEx$267.4M+74.9%

Free cash flow-$91.2M-222%

Valuation

See full

Market cap$5.54B+20.7%

Profitability

See full

Operating margin23.4%+0.1pp

Net margin12.6%-0.1pp

FCF margin-13.7%-14.0pp

Returns & leverage

See full

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:PropertyPlantAndEquipmentNet.

The official record: Black Hills’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Black Hills's PP&E (net)?: Black Hills (BKH) reported PP&E (net) of $8.39B in Q1 2026.
How has Black Hills's PP&E (net) changed year-over-year?: Black Hills's PP&E (net) increased by 8.7% year-over-year, from $7.72B to $8.39B.
What is the long-term trend for Black Hills's PP&E (net)?: Over 5 years (2020 to 2025), Black Hills's PP&E (net) has grown at a 6.5% compound annual growth rate (CAGR), from $6.02B to $8.23B.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.