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Black Hills BKH Shares (Diluted)

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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

Reported directly by Black Hills in its filing.

Tagged under the XBRL concept us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding.

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

Filed
Aug 6, 2026, 1:21 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-337444
(unaudited)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Net income attributable to non-controlling interest(2.2)(1.3)(4.3)(3.5)
Net income available for common stock$38.2$27.5$169.2$161.7
Earnings per share of common stock:
Earnings per share, Basic$0.50$0.38$2.24$2.25
Earnings per share, Diluted$0.50$0.38$2.23$2.24
Weighted average common shares outstanding:
Basic75.972.475.772.0
Diluted76.172.475.972.1

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Black Hills's shares (diluted)?
Black Hills (BKH) reported shares (diluted) of 76.1M in Q2 2026.
How has Black Hills's shares (diluted) changed year-over-year?
Black Hills's shares (diluted) increased by 5.1% year-over-year, from 72.4M to 76.1M.
What is the long-term trend for Black Hills's shares (diluted)?
Over 4 years (2021 to 2025), Black Hills's shares (diluted) has grown at a 3.6% compound annual growth rate (CAGR), from 252.3M to 290.3M.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

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