Black Hills annual net profit margin
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2025
Black Hills Net Profit Margin Growth & History (BKH)
Black Hills's net profit margin was 12.75% for fiscal 2025.
View full Black Hills company overviewBlack Hills annual net profit margin history
| Fiscal year | Period ended | Net profit margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 12.75% | −0.26 pp |
| 2024 | 2024-12-31 | 13.02% | +1.63 pp |
| 2023 | 2023-12-31 | 11.39% | +1.23 pp |
| 2022 | 2022-12-31 | 10.16% | −2.10 pp |
| 2021 | 2021-12-31 | 12.26% | −1.28 pp |
| 2020 | 2020-12-31 | 13.54% | +2.00 pp |
| 2019 | 2019-12-31 | 11.54% | −3.24 pp |
| 2018 | 2018-12-31 | 14.78% | +4.24 pp |
| 2017 | 2017-12-31 | 10.54% | +5.79 pp |
| 2016 | 2016-12-31 | 4.74% | +7.29 pp |
| 2015 | 2015-12-31 | −2.55% | −11.94 pp |
| 2014 | 2014-12-31 | 9.39% | +0.38 pp |
| 2013 | 2013-12-31 | 9.01% | +2.07 pp |
| 2012 | 2012-12-31 | 6.95% | +3.04 pp |
| 2011 | 2011-12-31 | 3.91% | −1.35 pp |
| 2010 | 2010-12-31 | 5.25% | −1.17 pp |
| 2009 | 2009-12-31 | 6.42% | −4.04 pp |
| 2008 | 2008-12-31 | 10.46% | — |
Black Hills quarterly net profit margin
Q2.09
Q3.09
Q1.10
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net profit margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 8.67% | +2.36 pp |
| Q1 2026 | 2026-03-31 | 17.19% | +0.41 pp |
| Q4 2025 | 2025-12-31 | 16.85% | +0.10 pp |
| Q3 2025 | 2025-09-30 | 5.83% | −0.30 pp |
| Q2 2025 | 2025-06-30 | 6.31% | +0.57 pp |
| Q1 2025 | 2025-03-31 | 16.78% | −1.05 pp |
| Q4 2024 | 2024-12-31 | 16.75% | +3.13 pp |
| Q3 2024 | 2024-09-30 | 6.12% | −5.23 pp |
| Q2 2024 | 2024-06-30 | 5.74% | +0.04 pp |
| Q1 2024 | 2024-03-31 | 17.83% | +5.32 pp |
| Q4 2023 | 2023-12-31 | 13.62% | +4.44 pp |
| Q3 2023 | 2023-09-30 | 11.35% | +3.76 pp |
| Q2 2023 | 2023-06-30 | 5.70% | −1.40 pp |
| Q1 2023 | 2023-03-31 | 12.51% | −1.79 pp |
| Q4 2022 | 2022-12-31 | 9.18% | −3.67 pp |
| Q3 2022 | 2022-09-30 | 7.59% | −4.06 pp |
| Q2 2022 | 2022-06-30 | 7.10% | +0.28 pp |
| Q1 2022 | 2022-03-31 | 14.30% | −0.98 pp |
| Q4 2021 | 2021-12-31 | 12.85% | −3.17 pp |
| Q3 2021 | 2021-09-30 | 11.65% | +1.11 pp |
| Q2 2021 | 2021-06-30 | 6.83% | +0.36 pp |
| Q1 2021 | 2021-03-31 | 15.28% | −2.29 pp |
| Q4 2020 | 2020-12-31 | 16.01% | +1.53 pp |
| Q3 2020 | 2020-09-30 | 10.54% | +6.91 pp |
| Q2 2020 | 2020-06-30 | 6.47% | +2.04 pp |
| Q1 2020 | 2020-03-31 | 17.57% | +0.21 pp |
| Q4 2019 | 2019-12-31 | 14.48% | −2.79 pp |
| Q3 2019 | 2019-09-30 | 3.63% | −1.67 pp |
| Q2 2019 | 2019-06-30 | 4.42% | −1.80 pp |
| Q1 2019 | 2019-03-31 | 17.36% | −5.84 pp |
| Q4 2018 | 2018-12-31 | 17.27% | +8.49 pp |
| Q3 2018 | 2018-09-30 | 5.29% | −4.12 pp |
| Q2 2018 | 2018-06-30 | 6.22% | −1.19 pp |
| Q1 2018 | 2018-03-31 | 23.20% | +8.56 pp |
| Q4 2017 | 2017-12-31 | 8.78% | +6.20 pp |
| Q3 2017 | 2017-09-30 | 9.42% | +3.90 pp |
| Q2 2017 | 2017-06-30 | 7.40% | +6.37 pp |
| Q1 2017 | 2017-03-31 | 14.64% | +5.57 pp |
| Q4 2016 | 2016-12-31 | 2.58% | +7.04 pp |
| Q3 2016 | 2016-09-30 | 5.52% | +9.17 pp |
| Q2 2016 | 2016-06-30 | 1.03% | +16.40 pp |
| Q1 2016 | 2016-03-31 | 9.07% | +1.41 pp |
| Q4 2015 | 2015-12-31 | −4.45% | — |
| Q3 2015 | 2015-09-30 | −3.65% | — |
| Q2 2015 | 2015-06-30 | −15.37% | — |
| Q1 2015 | 2015-03-31 | 7.66% | — |
| Q2 2013 | 2013-06-30 | 10.91% | +16.47 pp |
| Q1 2013 | 2013-03-31 | 11.35% | +3.21 pp |
| Q4 2012 | 2012-12-31 | 9.65% | +2.56 pp |
| Q3 2012 | 2012-09-30 | 13.96% | +18.18 pp |
| Q2 2012 | 2012-06-30 | −5.56% | −8.54 pp |
| Q1 2012 | 2012-03-31 | 8.14% | +1.43 pp |
| Q4 2011 | 2011-12-31 | 7.09% | −3.56 pp |
| Q3 2011 | 2011-09-30 | −4.22% | −8.90 pp |
| Q2 2011 | 2011-06-30 | 2.97% | +6.17 pp |
| Q1 2011 | 2011-03-31 | 6.71% | −0.83 pp |
| Q4 2010 | 2010-12-31 | 10.64% | — |
| Q3 2010 | 2010-09-30 | 4.69% | +5.65 pp |
| Q2 2010 | 2010-06-30 | −3.19% | −12.74 pp |
| Q1 2010 | 2010-03-31 | 7.54% | — |
| Q3 2009 | 2009-09-30 | −0.97% | — |
| Q2 2009 | 2009-06-30 | 9.55% | — |
Black Hills net profit margin trends
Over the last five fiscal years, Black Hills's net profit margin decreased from 13.54% to 12.75%, a change of −0.79 percentage points. The latest reported quarter, Q2 2026, shows 8.67%.
About the metric
What net profit margin means
Net profit margin measures the percentage of revenue remaining as net income after operating costs, interest, taxes, and other expenses. It shows how much bottom-line profit or loss a company generates from each dollar of revenue.
Calculation and source
How net profit margin is calculated
TickerStat calculates net profit margin as SEC-reported net income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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