BKH - Black Hills Corporation
NYSE
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Utilities
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Utilities—Diversified
Rapid City,
United States
Type: Equity
BKH price evolution
BKH
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $93 | $600.5 | $158.55 | $45.13 |
| Short term investments | $0.13 | $0.3 | $0.15 | |
| Net receivables | $350.3 | $228.83 | $260.35 | $477.09 |
| Inventory | $160.9 | $168.08 | $136.53 | $129.96 |
| Total current assets | $826.6 | $1240.27 | $802.33 | $918.32 |
| Long term investments | ||||
| Property, plant & equipment | $7119.3 | $7012.35 | $6919.49 | $6837.4 |
| Goodwill & intangible assets | $1307.9 | $1308.16 | $1308.46 | $1308.75 |
| Total noncurrent assets | $8793.8 | $8692.65 | $8606.77 | $8541.82 |
| Total investments | $0.13 | $0.3 | $0.15 | |
| Total assets | $9620.4 | $9932.93 | $9409.09 | $9460.14 |
| Current liabilities | ||||
| Accounts payable | $186.4 | $124.03 | $133.3 | $173.22 |
| Deferred revenue | ||||
| Short long term debt | $600 | $1125 | $525 | $525 |
| Total current liabilities | $1185.1 | $1602.67 | $977.86 | $1038.91 |
| Long term debt | $3801.2 | $3799.51 | $3955.74 | $3954.41 |
| Total noncurrent liabilities | $5129.5 | $5070.68 | $5228.47 | $5229.49 |
| Total debt | $4401.2 | $4924.51 | $4480.74 | $4479.41 |
| Total liabilities | $6314.6 | $6673.36 | $6206.33 | $6268.4 |
| Shareholders' equity | ||||
| Retained earnings | $1158.2 | $1121.2 | $1118.14 | $1136.84 |
| Other shareholder equity | -$14.8 | -$12.91 | -$13.31 | -$14.35 |
| Total shareholder equity | $3215.3 | $3167.32 | $3110.01 | $3097.95 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $93 | $26.98 | $13.81 | $10.74 |
| Short term investments | $0.58 | $4.37 | $1.85 | |
| Net receivables | $350.3 | $282.25 | $321.65 | $265.96 |
| Inventory | $160.9 | $207.42 | $150.98 | $117.4 |
| Total current assets | $826.6 | $1071.71 | $808.13 | $493.29 |
| Long term investments | ||||
| Property, plant & equipment | $7119.3 | $6797.95 | $6449.18 | $6019.71 |
| Goodwill & intangible assets | $1307.9 | $1309.04 | $1310.22 | $1311.4 |
| Total noncurrent assets | $8793.8 | $8546.52 | $8323.76 | $7595.49 |
| Total investments | $0.58 | $4.37 | $1.85 | |
| Total assets | $9620.4 | $9618.23 | $9131.9 | $8088.79 |
| Current liabilities | ||||
| Accounts payable | $186.4 | $310.02 | $217.76 | $183.34 |
| Deferred revenue | ||||
| Short long term debt | $600 | $1060.6 | $420.18 | $242.48 |
| Total current liabilities | $1185.1 | $1666.69 | $901.71 | $696.53 |
| Long term debt | $3801.2 | $3607.34 | $4126.92 | $3528.1 |
| Total noncurrent liabilities | $5129.5 | $4861.65 | $5343.06 | $4729.61 |
| Total debt | $4401.2 | $4667.94 | $4547.1 | $3770.58 |
| Total liabilities | $6314.6 | $6623.32 | $6244.77 | $5426.14 |
| Shareholders' equity | ||||
| Retained earnings | $1158.2 | $1064.12 | $962.46 | $870.74 |
| Other shareholder equity | -$14.8 | -$15.57 | -$20.08 | -$27.35 |
| Total shareholder equity | $3215.3 | $2994.91 | $2787.09 | $2561.39 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $591.73 | $407.13 | $411.28 | $921.16 |
| Cost of revenue | $389.64 | $244.48 | $283.05 | $684.63 |
| Gross Profit | $202.09 | $162.65 | $128.23 | $236.53 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | ||||
| Total operating expenses | $65.56 | $64.88 | $64.71 | $61.64 |
| Operating income | $136.53 | $97.77 | $63.52 | $174.88 |
| Income from continuing operations | ||||
| EBIT | $137.52 | $97.23 | $60.23 | $172.82 |
| Income tax expense | $9.65 | $7.37 | -$6.09 | $14.67 |
| Interest expense | $48.19 | $44.48 | $43.27 | $44.06 |
| Net income | ||||
| Net income | $79.68 | $45.38 | $23.05 | $114.08 |
| Income (for common shares) | $79.68 | $45.38 | $23.05 | $114.08 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $2331.3 | $2551.82 | $1949.1 | $1696.94 |
| Cost of revenue | $1601.8 | $1845.66 | $1303.72 | $1044.18 |
| Gross Profit | $729.5 | $706.15 | $645.38 | $652.76 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | ||||
| Total operating expenses | $256.8 | $250.91 | $235.95 | $224.46 |
| Operating income | $472.7 | $455.24 | $409.43 | $428.3 |
| Income from continuing operations | ||||
| EBIT | $467.8 | $446.18 | $398.02 | $405.46 |
| Income tax expense | $25.6 | $25.2 | $7.17 | $32.92 |
| Interest expense | $180 | $162.58 | $154.11 | $144.93 |
| Net income | ||||
| Net income | $262.2 | $258.39 | $236.74 | $227.61 |
| Income (for common shares) | $262.2 | $258.39 | $236.74 | $227.61 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | $79.68 | $45.38 | $23.05 | $114.08 |
| Operating activities | ||||
| Depreciation | $65.56 | $64.88 | $64.71 | $61.64 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $2.44 | $0.25 | $2.53 | $1.78 |
| Total cash flows from operations | $188.35 | $150.98 | $276.33 | $328.75 |
| Investing activities | ||||
| Capital expenditures | -$133.83 | -$160.03 | -$142.63 | -$119.11 |
| Investments | ||||
| Total cash flows from investing | -$132.91 | -$158.41 | -$143.87 | -$101.5 |
| Financing activities | ||||
| Dividends paid | -$42.65 | -$42.33 | -$41.75 | -$41.36 |
| Sale and purchase of stock | $10.92 | $52.69 | $27.31 | $27.38 |
| Net borrowings | -$525 | $450 | -$185.6 | |
| Total cash flows from financing | -$562.95 | $449.39 | -$19.04 | -$209.09 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$507.52 | $441.95 | $113.42 | $18.14 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $262.2 | $258.39 | $236.74 | $227.61 |
| Operating activities | ||||
| Depreciation | $256.8 | $250.91 | $235.95 | $224.46 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $7 | $8.55 | $9.65 | $5.37 |
| Total cash flows from operations | $944.4 | $584.8 | -$64.56 | $541.86 |
| Investing activities | ||||
| Capital expenditures | -$555.6 | -$604.37 | -$677.49 | -$767.4 |
| Investments | ||||
| Total cash flows from investing | -$536.7 | -$603.88 | -$664.23 | -$761.66 |
| Financing activities | ||||
| Dividends paid | -$168.1 | -$156.72 | -$145.02 | -$135.44 |
| Sale and purchase of stock | $118.3 | $90.04 | $118.98 | $99.28 |
| Net borrowings | -$260.6 | $115.42 | $777.7 | $275.94 |
| Total cash flows from financing | -$341.7 | $32.25 | $731.87 | $216.88 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $66 | $13.18 | $3.07 | -$2.92 |
News
Fundamentals
| Market cap | $3.70B |
|---|---|
| Enterprise value | $8.00B |
| Shares outstanding | 68.20M |
| Revenue | $2.33B |
|---|---|
| EBITDA | $724.60M |
| EBIT | $467.80M |
| Net Income | $262.20M |
| Revenue Q/Q | -25.23% |
| Revenue Y/Y | N/A |
| P/E ratio | 14.10 |
|---|---|
| EV/Sales | 3.43 |
| EV/EBITDA | 11.05 |
| EV/EBIT | 17.11 |
| P/S ratio | 1.59 |
| P/B ratio | 1.14 |
| Book/Share | 47.36 |
| Cash/Share | 1.36 |
| EPS | $3.84 |
|---|---|
| ROA | 2.73% |
| ROE | 8.33% |
| Debt/Equity | 1.96 |
|---|---|
| Net debt/EBITDA | 8.59 |
| Current ratio | 0.70 |
| Quick ratio | 0.56 |