Balance Sheet - BLACK HILLS CORP /SD/ (BKH)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total cash and short-term investments | 182.80 | 16.10 | 86.60 | 21.40 | 8.92 | 6.36 | 9.78 | 20.78 | 18.24 | 15.85 | 458.23 | 23.27 | 7.84 | 23.38 | 30.88 | 89.01 | 150.65 | 168.49 | 91.85 | 38.94 |
| Accounts receivable, net | 412.30 | 371.00 | 368.80 | 525.80 | 339.67 | 285.41 | 272.25 | 282.13 | 248.33 | 259.31 | 147.85 | 192.05 | 179.03 | 163.70 | 166.12 | 328.81 | 276.52 | 377.67 | 291.19 | 263.11 |
| Inventories | 172.40 | 153.90 | 160.90 | 207.40 | 150.98 | 117.40 | 117.17 | 117.30 | 113.28 | 107.21 | 86.94 | 91.19 | 88.48 | 77.64 | 84.06 | 139.68 | 123.32 | 118.02 | 95.97 | 92.56 |
| Other current assets | 228.40 | 201.30 | 210.30 | 317.10 | 308.56 | 84.13 | 73.98 | 83.63 | 193.75 | 88.11 | 129.12 | 149.58 | 69.94 | 148.30 | 459.27 | 309.62 | 56.88 | 135.33 | 57.34 | 81.89 |
| Total current assets | 995.90 | 742.30 | 826.60 | 1,071.70 | 808.13 | 493.29 | 473.18 | 503.83 | 570.78 | 466.81 | 822.15 | 454.04 | 345.29 | 405.11 | 758.92 | 670.87 | 624.87 | 799.51 | 530.90 | 474.50 |
| Total non-current assets | 9,873.90 | 9,280.30 | 8,793.80 | 8,546.40 | 8,323.76 | 7,595.50 | 7,085.27 | 6,459.49 | 6,088.12 | 6,048.63 | 3,833.35 | 3,825.77 | 3,529.89 | 3,324.37 | 3,368.16 | 3,040.64 | 2,692.83 | 2,580.38 | 1,941.97 | 1,770.18 |
| Total assets | 10,869.80 | 10,022.60 | 9,620.40 | 9,618.20 | 9,131.90 | 8,088.79 | 7,558.46 | 6,963.33 | 6,658.90 | 6,515.44 | 4,655.50 | 4,279.81 | 3,875.18 | 3,729.47 | 4,127.08 | 3,711.51 | 3,317.70 | 3,379.89 | 2,472.87 | 2,244.68 |
| Total current liabilities | 740.00 | 763.40 | 1,185.10 | 1,666.70 | 901.71 | 696.53 | 811.29 | 648.23 | 649.10 | 527.93 | 422.03 | 651.28 | 378.39 | 734.89 | 878.07 | 787.44 | 644.86 | 1,253.67 | 580.96 | 528.98 |
| Total non-current liabilities | 6,224.10 | 5,674.00 | 5,129.50 | 4,861.60 | 5,343.06 | 4,729.61 | 4,283.09 | 4,027.67 | 4,189.60 | 4,257.38 | 2,767.61 | 2,252.50 | 2,189.04 | 1,762.07 | 2,039.68 | 1,823.80 | 1,588.00 | 1,075.70 | 922.00 | 925.60 |
| Total liabilities | 6,964.10 | 6,437.40 | 6,314.60 | 6,528.30 | 6,244.77 | 5,426.14 | 5,094.39 | 4,675.90 | 4,838.70 | 4,785.31 | 3,189.63 | 2,903.78 | 2,567.43 | 2,496.96 | 2,917.75 | 2,611.24 | 2,232.86 | 2,329.35 | 1,497.84 | 1,449.48 |
| Total stockholders' equity | 3,823.60 | 3,501.50 | 3,215.30 | 2,994.90 | 2,787.09 | 2,561.39 | 2,362.12 | 2,181.59 | 1,708.97 | 1,614.64 | 1,465.87 | 1,376.02 | 1,307.75 | 1,232.51 | 1,209.34 | 1,100.27 | 1,084.84 | 1,050.54 | 969.86 | 790.04 |
| Common shares outstanding | 73 | 70 | 67 | 65 | 63 | 62 | 61 | 56 | 55 | 53 | 51 | 45 | 44 | 44 | 40 | 39 | 39 | 38 | 37 | 34 |
Show Quarterly Balance Sheet
Balance Sheet - BLACK HILLS CORP /SD/ (BKH)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total cash and short-term investments | 31.40 | 182.80 | 21.10 | 8.10 | 6.60 | 16.10 | 12.50 | 624.80 | 123.00 | 86.60 | 594.29 | 152.58 | 39.37 | 21.40 | 11.69 | 10.22 | 16.33 | 8.92 | 10.18 | 1.18 | 13.44 | 6.36 | 22.61 | 31.61 | 54.14 | 9.78 | 13.09 | 6.64 | 12.23 | 20.78 | 13.24 | 11.71 | 33.91 | 18.24 | 16.19 | 14.12 | 13.76 | 15.85 | 65.10 | 118.78 | 48.81 | 458.23 | 41.30 | 89.53 | 65.58 | 23.27 | 13.86 | 14.70 | 17.64 | 7.84 | 20.42 | 37.91 | 19.24 | 23.38 | 254.49 | 44.88 | 65.09 | 30.88 | 78.86 | 91.78 | 47.42 | 89.01 | 130.66 | 80.20 | 190.80 | 150.65 | 137.69 | 122.35 | 121.56 | 168.49 | 158.77 | 44.22 | 88.38 | 91.85 | 91.99 | 50.85 | 79.87 | 38.94 | 47.72 | 42.23 | 42.15 |
| Accounts receivable, net | 406.00 | 432.30 | 272.40 | 281.70 | 397.60 | 371.00 | 225.30 | 241.30 | 352.60 | 368.80 | 246.58 | 278.57 | 494.86 | 525.80 | 266.86 | 284.40 | 401.78 | 339.67 | 199.43 | 207.01 | 300.50 | 285.41 | 181.31 | 191.10 | 261.22 | 272.25 | 161.92 | 180.06 | 297.91 | 282.13 | 163.82 | 187.27 | 271.67 | 248.33 | 153.83 | 169.96 | 224.71 | 263.29 | 154.62 | 150.23 | 206.28 | 147.49 | 115.50 | 123.66 | 178.42 | 189.99 | 124.67 | 136.19 | 205.45 | 177.57 | 118.68 | 132.73 | 168.78 | 163.70 | 116.35 | 121.30 | 154.39 | 166.12 | 252.79 | 255.00 | 329.74 | 328.81 | 259.64 | 208.19 | 242.19 | 274.49 | 208.56 | 181.25 | 233.92 | 377.67 | 227.86 | 252.51 | 270.76 | 291.19 | 238.66 | 277.55 | 237.34 | 263.11 | 195.57 | 195.09 | 148.62 |
| Inventories | 146.80 | 172.40 | 173.00 | 145.20 | 128.10 | 153.90 | 155.40 | 134.80 | 130.60 | 160.90 | 168.08 | 136.53 | 129.96 | 207.40 | 223.16 | 152.86 | 108.23 | 150.98 | 145.74 | 114.09 | 102.60 | 117.40 | 126.36 | 105.99 | 92.89 | 117.17 | 123.00 | 102.83 | 87.68 | 117.30 | 122.62 | 95.45 | 82.05 | 113.28 | 126.52 | 99.13 | 84.48 | 107.21 | 113.48 | 85.19 | 78.18 | 86.94 | 90.35 | 73.75 | 66.63 | 91.19 | 105.73 | 81.16 | 66.19 | 88.48 | 95.23 | 73.77 | 64.19 | 77.64 | 80.90 | 61.46 | 63.24 | 84.06 | 84.89 | 105.61 | 69.34 | 139.68 | 145.25 | 135.05 | 91.11 | 123.32 | 99.95 | 88.67 | 59.14 | 118.02 | 173.73 | 147.17 | 87.94 | 95.97 | 92.63 | 132.99 | 110.13 | 92.56 | 91.49 | 96.87 | 103.00 |
| Other current assets | 204.00 | 208.40 | 201.10 | 173.40 | 175.80 | 201.30 | 206.30 | 172.70 | 191.40 | 210.30 | 231.33 | 234.64 | 254.13 | 317.10 | 347.53 | 312.95 | 322.97 | 308.56 | 272.37 | 249.47 | 162.07 | 84.13 | 89.04 | 85.41 | 81.42 | 73.98 | 79.41 | 80.14 | 86.76 | 83.63 | 88.48 | 89.30 | 107.44 | 193.75 | 91.16 | 78.58 | 80.85 | 80.46 | 87.12 | 91.51 | 91.72 | 146.86 | 157.59 | 153.95 | 130.25 | 151.64 | 131.62 | 112.01 | 115.14 | 71.40 | 101.35 | 100.95 | 98.35 | 148.30 | 126.48 | 113.14 | 133.38 | 487.11 | 253.61 | 168.21 | 168.70 | 309.62 | 109.03 | 145.91 | 247.77 | 237.48 | 114.52 | 139.24 | 121.80 | 135.33 | 123.02 | 710.92 | 82.99 | 57.34 | 44.72 | 50.67 | 38.26 | 81.89 | 87.39 | 43.62 | 41.05 |
| Total current assets | 788.20 | 995.90 | 667.60 | 608.40 | 708.10 | 742.30 | 599.50 | 1,173.60 | 797.60 | 826.60 | 1,240.27 | 802.33 | 918.32 | 1,071.70 | 849.25 | 760.43 | 849.31 | 808.13 | 627.73 | 571.74 | 578.62 | 493.29 | 403.66 | 414.11 | 489.67 | 473.18 | 377.42 | 369.67 | 484.57 | 503.83 | 384.92 | 380.65 | 492.11 | 570.78 | 385.02 | 359.26 | 401.40 | 466.81 | 418.17 | 443.73 | 423.15 | 822.15 | 402.28 | 438.57 | 438.69 | 454.04 | 373.95 | 344.06 | 404.42 | 345.29 | 328.90 | 338.07 | 343.72 | 405.11 | 570.92 | 336.00 | 407.13 | 758.92 | 666.07 | 616.89 | 611.79 | 670.87 | 644.58 | 553.17 | 625.99 | 624.87 | 560.71 | 531.52 | 536.42 | 799.51 | 683.38 | 1,154.82 | 524.58 | 530.90 | 462.61 | 506.72 | 463.56 | 474.50 | 422.16 | 377.81 | 334.81 |
| Total non-current assets | 10,031.80 | 9,873.90 | 9,661.40 | 9,483.20 | 9,353.10 | 9,280.30 | 9,119.20 | 9,012.30 | 8,879.10 | 8,793.80 | 8,692.65 | 8,606.77 | 8,541.82 | 8,546.40 | 8,473.05 | 8,374.14 | 8,281.35 | 8,323.76 | 8,282.66 | 8,166.31 | 8,117.58 | 7,595.50 | 7,425.39 | 7,275.83 | 7,159.14 | 7,085.27 | 6,897.53 | 6,711.78 | 6,553.00 | 6,459.49 | 6,277.02 | 6,189.48 | 6,134.88 | 6,088.12 | 6,166.16 | 6,129.84 | 6,074.45 | 6,048.63 | 6,033.97 | 5,951.13 | 5,901.51 | 3,833.35 | 3,844.28 | 3,781.70 | 3,881.14 | 3,825.77 | 3,699.31 | 3,626.44 | 3,560.55 | 3,529.89 | 3,472.34 | 3,408.44 | 3,342.86 | 3,324.37 | 3,282.71 | 3,438.28 | 3,400.81 | 3,368.16 | 3,287.30 | 3,193.88 | 3,115.24 | 3,040.64 | 2,895.66 | 2,817.11 | 2,732.65 | 2,692.83 | 2,607.62 | 2,580.22 | 2,544.69 | 2,580.38 | 2,543.32 | 1,507.42 | 2,000.49 | 1,941.97 | 1,902.30 | 1,896.24 | 1,824.37 | 1,770.18 | 1,726.57 | 1,663.29 | 1,627.49 |
| Total assets | 10,820.00 | 10,869.80 | 10,329.00 | 10,091.60 | 10,061.20 | 10,022.60 | 9,718.70 | 10,185.90 | 9,676.70 | 9,620.40 | 9,932.93 | 9,409.10 | 9,460.14 | 9,618.20 | 9,322.29 | 9,134.56 | 9,130.65 | 9,131.90 | 8,910.39 | 8,738.05 | 8,696.20 | 8,088.79 | 7,829.05 | 7,689.93 | 7,648.81 | 7,558.46 | 7,274.95 | 7,081.45 | 7,037.57 | 6,963.33 | 6,661.94 | 6,570.13 | 6,626.99 | 6,658.90 | 6,551.18 | 6,489.09 | 6,475.85 | 6,515.44 | 6,452.14 | 6,394.86 | 6,324.65 | 4,655.50 | 4,246.56 | 4,220.27 | 4,319.83 | 4,279.81 | 4,073.26 | 3,970.50 | 3,964.96 | 3,875.18 | 3,801.24 | 3,746.51 | 3,686.59 | 3,729.47 | 3,853.63 | 3,774.28 | 3,807.94 | 4,127.08 | 3,953.37 | 3,810.76 | 3,727.03 | 3,711.51 | 3,540.24 | 3,370.28 | 3,358.64 | 3,317.70 | 3,168.34 | 3,111.74 | 3,081.11 | 3,379.89 | 3,226.70 | 2,662.23 | 2,525.07 | 2,472.87 | 2,364.91 | 2,402.96 | 2,287.93 | 2,244.68 | 2,148.73 | 2,041.10 | 1,962.30 |
| Total current liabilities | 1,220.90 | 740.00 | 734.60 | 953.90 | 928.90 | 763.40 | 536.20 | 1,106.80 | 1,088.40 | 1,185.10 | 1,602.67 | 977.86 | 1,038.91 | 1,666.70 | 969.60 | 785.18 | 794.72 | 901.71 | 758.12 | 1,230.53 | 1,229.60 | 696.53 | 513.93 | 384.97 | 719.85 | 811.29 | 691.12 | 488.40 | 591.02 | 648.23 | 730.23 | 730.64 | 788.56 | 649.10 | 554.27 | 438.87 | 391.54 | 527.93 | 480.82 | 1,467.90 | 660.26 | 422.03 | 448.76 | 358.51 | 379.11 | 651.28 | 727.04 | 653.28 | 399.74 | 378.39 | 704.63 | 669.22 | 681.59 | 734.89 | 898.95 | 773.03 | 556.70 | 878.07 | 889.43 | 852.55 | 756.14 | 787.44 | 639.05 | 693.84 | 671.96 | 644.86 | 831.33 | 744.51 | 973.72 | 1,253.67 | 1,120.77 | 816.72 | 636.63 | 580.96 | 587.28 | 630.32 | 401.69 | 528.98 | 455.53 | 366.31 | 297.04 |
| Total non-current liabilities | 5,572.20 | 6,224.10 | 5,743.50 | 5,418.30 | 5,415.20 | 5,674.00 | 5,650.30 | 5,635.70 | 5,165.80 | 5,129.50 | 5,070.68 | 5,228.47 | 5,229.49 | 4,861.60 | 5,368.94 | 5,366.58 | 5,364.91 | 5,343.06 | 5,352.37 | 4,748.63 | 4,741.30 | 4,729.61 | 4,694.92 | 4,690.47 | 4,304.54 | 4,283.09 | 4,150.93 | 4,173.05 | 4,062.86 | 4,027.67 | 4,010.53 | 3,912.96 | 3,910.44 | 4,189.60 | 4,200.93 | 4,260.20 | 4,295.33 | 4,257.38 | 4,249.29 | 3,247.02 | 4,183.71 | 2,767.61 | 2,510.59 | 2,550.88 | 2,532.95 | 2,252.50 | 1,988.83 | 1,975.89 | 2,227.81 | 2,189.04 | 1,805.66 | 1,794.61 | 1,744.10 | 1,762.07 | 1,740.37 | 1,804.97 | 2,026.54 | 2,039.68 | 1,975.93 | 1,850.14 | 1,857.74 | 1,823.80 | 1,820.78 | 1,594.06 | 1,578.68 | 1,588.00 | 1,274.48 | 1,287.13 | 1,035.79 | 1,075.70 | 956.70 | 876.90 | 865.30 | 860.90 | 744.90 | 734.90 | 936.40 | 925.60 | 912.50 | 913.90 | 907.70 |
| Total liabilities | 6,793.10 | 6,964.10 | 6,478.10 | 6,372.20 | 6,344.10 | 6,437.40 | 6,186.50 | 6,742.50 | 6,254.20 | 6,314.60 | 6,673.36 | 6,206.33 | 6,268.41 | 6,528.30 | 6,338.54 | 6,151.76 | 6,159.63 | 6,244.77 | 6,110.49 | 5,979.16 | 5,970.90 | 5,426.14 | 5,208.85 | 5,075.44 | 5,024.39 | 5,094.39 | 4,842.05 | 4,661.46 | 4,653.87 | 4,675.90 | 4,740.76 | 4,643.60 | 4,699.01 | 4,838.70 | 4,755.20 | 4,699.06 | 4,686.87 | 4,785.31 | 4,730.11 | 4,714.92 | 4,843.97 | 3,189.63 | 2,959.35 | 2,909.39 | 2,912.06 | 2,903.78 | 2,715.87 | 2,629.17 | 2,627.55 | 2,567.43 | 2,510.29 | 2,463.83 | 2,425.69 | 2,496.96 | 2,639.31 | 2,578.00 | 2,583.24 | 2,917.75 | 2,865.36 | 2,702.70 | 2,613.88 | 2,611.24 | 2,459.83 | 2,287.90 | 2,250.64 | 2,232.86 | 2,105.81 | 2,031.64 | 2,009.51 | 2,329.35 | 2,077.34 | 1,693.52 | 1,554.59 | 1,497.84 | 1,392.27 | 1,427.84 | 1,332.88 | 1,449.48 | 1,362.84 | 1,275.14 | 1,199.65 |
| Total stockholders' equity | 3,945.20 | 3,823.60 | 3,768.00 | 3,636.10 | 3,635.10 | 3,501.50 | 3,446.60 | 3,357.30 | 3,333.90 | 3,215.30 | 3,167.32 | 3,110.02 | 3,097.95 | 2,994.90 | 2,886.62 | 2,885.45 | 2,871.92 | 2,787.09 | 2,697.52 | 2,659.04 | 2,624.51 | 2,561.39 | 2,519.05 | 2,513.29 | 2,523.17 | 2,362.12 | 2,329.48 | 2,316.75 | 2,279.16 | 2,181.59 | 1,813.26 | 1,818.85 | 1,818.77 | 1,708.97 | 1,682.80 | 1,676.24 | 1,674.32 | 1,614.64 | 1,604.64 | 1,562.43 | 1,480.68 | 1,465.87 | 1,287.21 | 1,310.89 | 1,407.77 | 1,376.02 | 1,357.39 | 1,341.33 | 1,337.42 | 1,307.75 | 1,290.95 | 1,282.69 | 1,260.89 | 1,232.51 | 1,214.32 | 1,196.29 | 1,224.69 | 1,209.34 | 1,088.01 | 1,108.07 | 1,113.15 | 1,100.27 | 1,080.41 | 1,082.38 | 1,108.00 | 1,084.84 | 1,062.53 | 1,080.10 | 1,071.60 | 1,050.54 | 1,149.23 | 968.59 | 965.24 | 969.86 | 967.56 | 970.15 | 949.80 | 790.04 | 780.70 | 760.86 | 757.65 |
| Common shares outstanding | 76 | 75 | 73 | 72 | 72 | 72 | 71 | 69 | 68 | 68 | 67 | 67 | 66 | 65 | 65 | 65 | 65 | 64 | 63 | 63 | 63 | 63 | 63 | 63 | 62 | 61 | 61 | 61 | 60 | 58 | 55 | 55 | 54 | 55 | 55 | 55 | 55 | 54 | 54 | 53 | 52 | 51 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 39 | 40 | 40 | 40 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 38 | 38 | 38 | 38 | 38 | 38 | 36 | 36 | 34 | 34 | 33 |