Black Hills annual shareholders’ equity
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Black Hills Shareholders’ Equity Growth & History (BKH)
Black Hills's shareholders’ equity was $3.82B for fiscal 2025.
View full Black Hills company overviewBlack Hills annual shareholders’ equity history
| Fiscal year | Period ended | Shareholders’ equity | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $3.82B | $322.1M | +9.20% |
| 2024 | 2024-12-31 | $3.50B | $286.2M | +8.90% |
| 2023 | 2023-12-31 | $3.22B | $220.4M | +7.36% |
| 2022 | 2022-12-31 | $2.99B | $207.8M | +7.46% |
| 2021 | 2021-12-31 | $2.79B | $225.7M | +8.81% |
| 2020 | 2020-12-31 | $2.56B | $199.3M | +8.44% |
| 2019 | 2019-12-31 | $2.36B | $180.5M | +8.28% |
| 2018 | 2018-12-31 | $2.18B | $472.6M | +27.65% |
| 2017 | 2017-12-31 | $1.71B | $94.3M | +5.84% |
| 2016 | 2016-12-31 | $1.61B | $148.8M | +10.15% |
| 2015 | 2015-12-31 | $1.47B | $112.0M | +8.27% |
| 2014 | 2014-12-31 | $1.35B | $70.4M | +5.48% |
| 2013 | 2013-12-31 | $1.28B | $77.7M | +6.44% |
| 2012 | 2012-12-31 | $1.21B | $44.1M | +3.79% |
| 2011 | 2011-12-31 | $1.16B | $61.4M | +5.58% |
| 2010 | 2010-12-31 | $1.10B | $15.4M | +1.42% |
| 2009 | 2009-12-31 | $1.08B | $34.3M | +3.27% |
| 2008 | 2008-12-31 | $1.05B | — | — |
Black Hills quarterly shareholders’ equity
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| Fiscal quarter | Period ended | Shareholders’ equity | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $3.94B | $307.3M | +8.45% |
| Q1 2026 | 2026-03-31 | $3.95B | $310.1M | +8.53% |
| Q4 2025 | 2025-12-31 | $3.82B | $322.1M | +9.20% |
| Q3 2025 | 2025-09-30 | $3.77B | $321.4M | +9.33% |
| Q2 2025 | 2025-06-30 | $3.64B | $278.8M | +8.30% |
| Q1 2025 | 2025-03-31 | $3.64B | $301.2M | +9.03% |
| Q4 2024 | 2024-12-31 | $3.50B | $286.2M | +8.90% |
| Q3 2024 | 2024-09-30 | $3.45B | $279.3M | +8.82% |
| Q2 2024 | 2024-06-30 | $3.36B | $247.3M | +7.95% |
| Q1 2024 | 2024-03-31 | $3.33B | $236.0M | +7.62% |
| Q4 2023 | 2023-12-31 | $3.22B | $220.4M | +7.36% |
| Q3 2023 | 2023-09-30 | $3.17B | $280.7M | +9.72% |
| Q2 2023 | 2023-06-30 | $3.11B | $224.6M | +7.78% |
| Q1 2023 | 2023-03-31 | $3.10B | $226.0M | +7.87% |
| Q4 2022 | 2022-12-31 | $2.99B | $207.8M | +7.46% |
| Q3 2022 | 2022-09-30 | $2.89B | $189.1M | +7.01% |
| Q2 2022 | 2022-06-30 | $2.89B | $226.4M | +8.51% |
| Q1 2022 | 2022-03-31 | $2.87B | $247.4M | +9.43% |
| Q4 2021 | 2021-12-31 | $2.79B | $225.7M | +8.81% |
| Q3 2021 | 2021-09-30 | $2.70B | $178.5M | +7.09% |
| Q2 2021 | 2021-06-30 | $2.66B | $145.7M | +5.80% |
| Q1 2021 | 2021-03-31 | $2.62B | $101.3M | +4.02% |
| Q4 2020 | 2020-12-31 | $2.56B | $199.3M | +8.44% |
| Q3 2020 | 2020-09-30 | $2.52B | $189.6M | +8.14% |
| Q2 2020 | 2020-06-30 | $2.51B | $196.5M | +8.48% |
| Q1 2020 | 2020-03-31 | $2.52B | $244.0M | +10.71% |
| Q4 2019 | 2019-12-31 | $2.36B | $180.5M | +8.28% |
| Q3 2019 | 2019-09-30 | $2.33B | $516.2M | +28.47% |
| Q2 2019 | 2019-06-30 | $2.32B | $497.9M | +27.37% |
| Q1 2019 | 2019-03-31 | $2.28B | $460.4M | +25.31% |
| Q4 2018 | 2018-12-31 | $2.18B | $472.6M | +27.65% |
| Q3 2018 | 2018-09-30 | $1.81B | $130.5M | +7.75% |
| Q2 2018 | 2018-06-30 | $1.82B | $142.6M | +8.51% |
| Q1 2018 | 2018-03-31 | $1.82B | $144.5M | +8.63% |
| Q4 2017 | 2017-12-31 | $1.71B | $94.3M | +5.84% |
| Q3 2017 | 2017-09-30 | $1.68B | $78.2M | +4.87% |
| Q2 2017 | 2017-06-30 | $1.68B | $113.8M | +7.28% |
| Q1 2017 | 2017-03-31 | $1.67B | $193.6M | +13.08% |
| Q4 2016 | 2016-12-31 | $1.61B | $148.8M | +10.15% |
| Q3 2016 | 2016-09-30 | $1.60B | $317.4M | +24.66% |
| Q2 2016 | 2016-06-30 | $1.56B | $251.5M | +19.19% |
| Q1 2016 | 2016-03-31 | $1.48B | $109.1M | +7.95% |
| Q4 2015 | 2015-12-31 | $1.47B | $112.0M | +8.27% |
| Q3 2015 | 2015-09-30 | $1.29B | −$47.5M | −3.56% |
| Q2 2015 | 2015-06-30 | $1.31B | −$7.2M | −0.55% |
| Q1 2015 | 2015-03-31 | $1.37B | $57.9M | +4.41% |
| Q4 2014 | 2014-12-31 | $1.35B | $70.4M | +5.48% |
| Q3 2014 | 2014-09-30 | $1.33B | $43.8M | +3.39% |
| Q2 2014 | 2014-06-30 | $1.32B | $35.4M | +2.76% |
| Q1 2014 | 2014-03-31 | $1.31B | $52.8M | +4.19% |
| Q4 2013 | 2013-12-31 | $1.28B | $77.7M | +6.44% |
| Q3 2013 | 2013-09-30 | $1.29B | $76.6M | +6.31% |
| Q2 2013 | 2013-06-30 | $1.28B | $86.4M | +7.22% |
| Q1 2013 | 2013-03-31 | $1.26B | $36.2M | +2.96% |
| Q4 2012 | 2012-12-31 | $1.21B | $44.1M | +3.79% |
| Q3 2012 | 2012-09-30 | $1.21B | $126.3M | +11.61% |
| Q2 2012 | 2012-06-30 | $1.20B | $88.2M | +7.96% |
| Q1 2012 | 2012-03-31 | $1.22B | $111.5M | +10.02% |
| Q4 2011 | 2011-12-31 | $1.16B | $61.4M | +5.58% |
| Q3 2011 | 2011-09-30 | $1.09B | $7.6M | +0.70% |
| Q2 2011 | 2011-06-30 | $1.11B | $25.7M | +2.37% |
| Q1 2011 | 2011-03-31 | $1.11B | — | — |
| Q4 2010 | 2010-12-31 | $1.10B | $15.4M | +1.42% |
| Q3 2010 | 2010-09-30 | $1.08B | — | — |
| Q2 2010 | 2010-06-30 | $1.08B | — | — |
| Q4 2009 | 2009-12-31 | $1.08B | — | — |
Black Hills shareholders’ equity trends
Over the last five fiscal years, Black Hills's shareholders’ equity increased from $2.56B to $3.82B, a change of $1.26B. The latest reported quarter, Q2 2026, shows $3.94B.
About the metric
What shareholders’ equity means
Shareholders’ equity is the residual accounting value attributable to shareholders after liabilities are subtracted from assets. It can change through earnings, losses, dividends, share issuance, repurchases, and other comprehensive income.
Calculation and source
SEC-reported shareholders’ equity
TickerStat standardizes stockholders’ or shareholders’ equity reported in company SEC filings at each balance-sheet date. Negative equity is retained because it can be economically meaningful. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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