
Current Net Margin
16.51%
Black Hills Corporation currently has a net profit margin of 16.51%.
Financial Fundamentals
BKH • Quarterly Data • 5Y View
Historical Margin Data
| Date | Rev ($B) | NI ($B) | Net Margin | Change (bps) |
|---|---|---|---|---|
| 2025-12-31 | 0.64 | 0.10 | 16.51% | ▲1072 |
| 2025-09-30 | 0.43 | 0.02 | 5.79% | ▼48 |
| 2025-06-30 | 0.44 | 0.03 | 6.26% | ▼1041 |
| 2025-03-31 | 0.81 | 0.13 | 16.68% | ▲25 |
| 2024-12-31 | 0.60 | 0.10 | 16.43% | ▲1035 |
| 2024-09-30 | 0.40 | 0.02 | 6.08% | ▲41 |
| 2024-06-30 | 0.40 | 0.02 | 5.66% | ▼1194 |
| 2024-03-31 | 0.73 | 0.13 | 17.61% | ▲414 |
| 2023-12-31 | 0.59 | 0.08 | 13.47% | ▲231 |
| 2023-09-30 | 0.41 | 0.05 | 11.15% | ▲554 |
| 2023-06-30 | 0.41 | 0.02 | 5.62% | ▼677 |
| 2023-03-31 | 0.92 | 0.11 | 12.39% | ▲323 |
| 2022-12-31 | 0.79 | 0.07 | 9.16% | ▲160 |
| 2022-09-30 | 0.46 | 0.03 | 7.56% | ▲51 |
| 2022-06-30 | 0.47 | 0.03 | 7.05% | ▼722 |
| 2022-03-31 | 0.82 | 0.12 | 14.27% | ▲162 |
| 2021-12-31 | 0.56 | 0.07 | 12.65% | ▲106 |
| 2021-09-30 | 0.38 | 0.04 | 11.59% | ▲484 |
| 2021-06-30 | 0.37 | 0.03 | 6.75% | ▼845 |
| 2021-03-31 | 0.63 | 0.10 | 15.21% | ▼66 |
| 2020-12-31 | 0.49 | 0.08 | 15.87% | ▲540 |
| 2020-09-30 | 0.35 | 0.04 | 10.47% | ▲406 |
| 2020-06-30 | 0.33 | 0.02 | 6.41% | ▼1094 |
| 2020-03-31 | 0.54 | 0.09 | 17.35% | ▲287 |
| 2019-12-31 | 0.48 | 0.07 | 14.48% | ▲1088 |
| 2019-09-30 | 0.33 | 0.01 | 3.61% | ▼76 |
| 2019-06-30 | 0.33 | 0.01 | 4.37% | ▼1300 |
| 2019-03-31 | 0.60 | 0.10 | 17.36% | ▲9 |
| 2018-12-31 | 0.50 | 0.09 | 17.27% | ▲1201 |
| 2018-09-30 | 0.32 | 0.02 | 5.26% | ▼90 |
| 2018-06-30 | 0.36 | 0.02 | 6.16% | ▼1695 |
| 2018-03-31 | 0.58 | 0.13 | 23.12% | ▲1150 |
| 2017-12-31 | 0.44 | 0.05 | 11.61% | ▲337 |
| 2017-09-30 | 0.34 | 0.03 | 8.24% | ▲175 |
| 2017-06-30 | 0.34 | 0.02 | 6.49% | ▼748 |
| 2017-03-31 | 0.55 | 0.08 | 13.98% | ▲1006 |
| 2016-12-31 | 0.46 | 0.02 | 3.92% | ▼32 |
| 2016-09-30 | 0.33 | 0.01 | 4.23% | ▲403 |
| 2016-06-30 | 0.33 | 0.00 | 0.21% | ▼868 |
| 2016-03-31 | 0.45 | 0.04 | 8.89% | ▲1334 |
| 2015-12-31 | 0.32 | -0.01 | -4.45% | ▼80 |
| 2015-09-30 | 0.27 | -0.01 | -3.65% | ▲1171 |
| 2015-06-30 | 0.27 | -0.04 | -15.37% | ▼2303 |
| 2015-03-31 | 0.44 | 0.03 | 7.66% | ▼134 |
| 2014-12-31 | 0.38 | 0.03 | 8.99% | ▼106 |
| 2014-09-30 | 0.27 | 0.03 | 10.06% | ▲287 |
| 2014-06-30 | 0.28 | 0.02 | 7.18% | ▼339 |
| 2014-03-31 | 0.46 | 0.05 | 10.57% | ▲547 |
| 2013-12-31 | 0.36 | 0.02 | 5.10% | ▼380 |
| 2013-09-30 | 0.26 | 0.02 | 8.90% | ▼201 |
| 2013-06-30 | 0.28 | 0.03 | 10.91% | ▼44 |
| 2013-03-31 | 0.38 | 0.04 | 11.35% | ▲170 |
| 2012-12-31 | 0.32 | 0.03 | 9.65% | ▼431 |
| 2012-09-30 | 0.25 | 0.03 | 13.96% | ▲1952 |
| 2012-06-30 | 0.24 | -0.01 | -5.56% | ▼1370 |
| 2012-03-31 | 0.37 | 0.03 | 8.14% | ▲60 |
| 2011-12-31 | 0.34 | 0.03 | 7.54% | ▲1176 |
| 2011-09-30 | 0.25 | -0.01 | -4.22% | ▼719 |
| 2011-06-30 | 0.26 | 0.01 | 2.97% | ▼374 |
| 2011-03-31 | 0.40 | 0.03 | 6.71% | ▼347 |
| 2010-12-31 | 0.33 | 0.03 | 10.18% | ▲521 |
| 2010-09-30 | 0.25 | 0.01 | 4.97% | ▲834 |
| 2010-06-30 | 0.26 | -0.01 | -3.38% | ▼1075 |
| 2010-03-31 | 0.43 | 0.03 | 7.37% | ▼203 |
| 2009-12-31 | 0.35 | 0.03 | 9.40% | ▲1037 |
| 2009-09-30 | 0.23 | -0.00 | -0.97% | ▼1052 |
| 2009-06-30 | 0.26 | 0.02 | 9.55% | ▲353 |
| 2009-03-31 | 0.44 | 0.03 | 6.03% | ▲3026 |
| 2008-12-31 | 0.41 | -0.10 | -24.23% | ▼8073 |
| 2008-09-30 | 0.29 | 0.16 | 56.50% | ▲4202 |
| 2008-06-30 | 0.15 | 0.02 | 14.48% | ▲511 |
| 2008-03-31 | 0.18 | 0.02 | 9.37% | ▼361 |
| 2007-12-31 | 0.18 | 0.02 | 12.98% | ▼44 |
| 2007-09-30 | 0.13 | 0.02 | 13.42% | ▼538 |
| 2007-06-30 | 0.13 | 0.03 | 18.80% | ▲140 |
| 2007-03-31 | 0.19 | 0.03 | 17.40% | ▲540 |
| 2006-12-31 | 0.17 | 0.02 | 12.00% | ▼213 |
| 2006-09-30 | 0.16 | 0.02 | 14.14% | ▲649 |
| 2006-06-30 | 0.15 | 0.01 | 7.64% | ▼757 |
| 2006-03-31 | 0.17 | 0.03 | 15.21% | ▲877 |
| 2005-12-31 | 0.41 | 0.03 | 6.44% | ▲2248 |
| 2005-09-30 | 0.15 | -0.02 | -16.04% | ▼2656 |
| 2005-06-30 | 0.14 | 0.01 | 10.51% | ▼54 |
| 2005-03-31 | 0.14 | 0.02 | 11.05% | ▲427 |
| 2004-12-31 | 0.29 | 0.02 | 6.78% | ▲42 |
| 2004-09-30 | 0.27 | 0.02 | 6.36% | ▲208 |
| 2004-06-30 | 0.27 | 0.01 | 4.28% | ▲70 |
| 2004-03-31 | 0.27 | 0.01 | 3.58% | ▲51 |
| 2003-12-31 | 0.26 | 0.01 | 3.07% | ▼239 |
| 2003-09-30 | 0.41 | 0.02 | 5.46% | ▼30 |
| 2003-06-30 | 0.29 | 0.02 | 5.76% | ▲102 |
| 2003-03-31 | 0.30 | 0.01 | 4.74% | ▼970 |
| 2002-12-31 | 0.11 | 0.02 | 14.44% | ▲716 |
| 2002-09-30 | 0.24 | 0.02 | 7.28% | ▲198 |
| 2002-06-30 | 0.26 | 0.01 | 5.30% | ▼250 |
| 2002-03-31 | 0.17 | 0.01 | 7.80% | ▲607 |
| 2001-12-31 | 0.28 | 0.00 | 1.73% | ▼1553 |
| 2001-09-30 | 0.09 | 0.02 | 17.26% | ▲864 |
| 2001-06-30 | 0.40 | 0.03 | 8.62% | ▲290 |
| 2001-03-31 | 0.56 | 0.03 | 5.71% | ▲240 |
| 2000-12-31 | 0.59 | 0.02 | 3.31% | ▼29 |
| 2000-09-30 | 0.45 | 0.02 | 3.60% | ▲121 |
| 2000-06-30 | 0.34 | 0.01 | 2.39% | ▼126 |
| 2000-03-31 | 0.25 | 0.01 | 3.65% | ▼121 |
| 1999-12-31 | 0.22 | 0.01 | 4.87% | ▲45 |
| 1999-09-30 | 0.22 | 0.01 | 4.41% | ▲22 |
| 1999-06-30 | 0.19 | 0.01 | 4.19% | ▼116 |
| 1999-03-31 | 0.17 | 0.01 | 5.35% | ▲531 |
| 1998-12-31 | 0.26 | 0.00 | 0.04% | ▼560 |
| 1998-09-30 | 0.17 | 0.01 | 5.64% | ▲99 |
| 1998-06-30 | 0.16 | 0.01 | 4.65% | ▼88 |
| 1998-03-31 | 0.15 | 0.01 | 5.53% | ▼87 |
| 1997-12-31 | 0.13 | 0.01 | 6.39% | ▼236 |
| 1997-09-30 | 0.10 | 0.01 | 8.76% | ▼816 |
| 1997-06-30 | 0.04 | 0.01 | 16.92% | ▼272 |
| 1997-03-31 | 0.04 | 0.01 | 19.63% | ▼27 |
| 1996-12-31 | 0.04 | 0.01 | 19.90% | ▲65 |
| 1996-09-30 | 0.04 | 0.01 | 19.25% | ▲364 |
| 1996-06-30 | 0.04 | 0.01 | 15.61% | ▼386 |
| 1996-03-31 | 0.04 | 0.01 | 19.46% | — |
* Basis Point (bps) change measures sequential efficiency shifts. 100 bps = 1.00% Margin change.