Black Hills Corporation
BKHUtilitiesNASDAQUtilities - Regulated Gas · Last scanned Oct 26, 2026
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Daily timeframeHeadquartered within the utilities sector, Black Hills Corporation focuses on Utilities - Regulated Gas services and products. Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. With a market capitalization of $6.06B, it sits in mid-cap territory. The company operates through the Electric Utilities and Gas Utilities segments.
Market Cap
$6.06B
Beta
0.66
P/E (TTM)
20.00
P/E (Fwd)
17.19
EPS (TTM)
$3.97
EPS (Fwd)
$4.62
ROE
8.0%
ROA
3.2%
Cash
$71.5M
Total Debt
$4.49B
Free CF
-$77.8M
52W Change
20.5%
Annual Financials
Cash vs Debt
Where BKH stands vs its 150-day and 200-day moving averages
As of the October 20, 2026 close, BKH finished 5.52% above its 150-day moving average ($72.40) and 6.11% above its 200-day moving average ($72.00). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is BKH overbought or oversold?
At the October 20, 2026 close, BKH's RSI(14) was 76.5, in overbought territory (above 70). The MACD histogram was positive, so short-term momentum leaned bullish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
Black Hills Corporation carries $4.49B in total debt against $71.5M in cash reserves — debt is roughly 62.9x the cash position. Managing this leverage effectively will be important for long-term financial stability. Free cash flow is running at -$77.8M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of 8.0% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 3.2% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $2.55B (2022) to $2.31B (2025).
BKH's low beta indicates it tends to be less volatile than the broader market, which may suit investors seeking more stable price behavior. Black Hills Corporation carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. No single metric tells the full story. Reviewing BKH's risk profile alongside its fundamentals and technical indicators provides a more complete picture.