Black Hills Corporation
BKHUtilitiesNASDAQUtilities - Regulated Gas · Last scanned Sep 9, 2026
Scan Results
Daily timeframeBlack Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. The $5.66B market capitalization puts BKH squarely in mid-cap range for its industry. The company operates through the Electric Utilities and Gas Utilities segments.
Market Cap
$5.66B
Beta
0.69
P/E (TTM)
18.69
P/E (Fwd)
16.09
EPS (TTM)
$3.97
EPS (Fwd)
$4.61
ROE
8.0%
ROA
3.2%
Cash
$71.5M
Total Debt
$4.49B
Free CF
-$77.8M
52W Change
24.7%
Annual Financials
Cash vs Debt
Where BKH stands vs its 150-day and 200-day moving averages
As of the September 3, 2026 close, BKH finished 0.61% above its 150-day moving average ($72.15) and 1.75% above its 200-day moving average ($71.34). 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 September 3, 2026 close, BKH's RSI(14) was 45.7, in neutral territory (between 30 and 70). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
On the balance sheet, BKH has $71.5M in cash with $4.49B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. 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. Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. 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.