BKH: Black Hills Corp Financial Statements
Balance sheet, income statement, and cash flow statements for Black Hills Corp (BKH).
$4.19B Market Cap.
BKH Market Cap. (MRY)
BKH Shares Outstanding (MRY)
BKH Assets (MRY)
Total Assets
$10.02B
Total Liabilities
$6.44B
Total Investments
$0
BKH Income (MRY)
Revenue
$2.13B
Net Income
$273.10M
Operating Expense
$270.10M
BKH Cash Flow (MRY)
CF Operations
$719.30M
CF Investing
-$746.00M
CF Financing
-$42.90M
BKH Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $10,022,600,000 (4.18%) | $9,620,400,000 (0.02%) | $9,618,200,000 (5.33%) | $9,131,896,000 (12.90%) |
Assets Current | $742,300,000 (-10.20%) | $826,600,000 (-22.87%) | $1,071,700,000 (32.61%) | $808,133,000 (63.82%) |
Assets Non-Current | $9,280,300,000 (5.53%) | $8,793,800,000 (2.89%) | $8,546,500,000 (2.68%) | $8,323,763,000 (9.59%) |
Goodwill & Intangible Assets | $1,307,100,000 (-0.06%) | $1,307,900,000 (-0.09%) | $1,309,100,000 (-0.09%) | $1,310,224,000 (-0.09%) |
Shareholders Equity | $3,501,500,000 (8.90%) | $3,215,300,000 (7.36%) | $2,994,900,000 (7.46%) | $2,787,094,000 (8.81%) |
Property Plant & Equipment Net | $7,629,900,000 (7.17%) | $7,119,300,000 (4.73%) | $6,798,000,000 (5.41%) | $6,449,176,000 (7.13%) |
Cash & Equivalents | $23,400,000 (-74.84%) | $93,000,000 (244.44%) | $27,000,000 (95.51%) | $13,810,000 (28.60%) |
Accumulated Other Comprehensive Income | -$9,400,000 (36.49%) | -$14,800,000 (5.13%) | -$15,600,000 (22.33%) | -$20,084,000 (26.56%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $0 (0%) | $0 (0%) | $600,000 (-86.28%) | $4,373,000 (136.63%) |
Investments Current | $0 (0%) | $0 (0%) | $600,000 (-86.28%) | $4,373,000 (136.63%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $153,900,000 (-4.35%) | $160,900,000 (-22.42%) | $207,400,000 (37.37%) | $150,979,000 (28.60%) |
Trade & Non-Trade Receivables | $351,200,000 (0.26%) | $350,300,000 (-31.07%) | $508,200,000 (58.00%) | $321,652,000 (20.94%) |
Trade & Non-Trade Payables | $229,100,000 (22.91%) | $186,400,000 (-39.87%) | $310,000,000 (42.36%) | $217,761,000 (18.77%) |
Accumulated Retained Earnings (Deficit) | $1,249,100,000 (7.85%) | $1,158,200,000 (8.84%) | $1,064,100,000 (10.56%) | $962,458,000 (10.53%) |
Tax Assets | $19,800,000 (7.03%) | $18,500,000 (5.11%) | $17,600,000 (-2.31%) | $18,017,000 (-7.35%) |
Tax Liabilities | $625,100,000 (14.07%) | $548,000,000 (7.68%) | $508,900,000 (9.35%) | $465,388,000 (13.89%) |
Total Debt | $4,384,000,000 (-0.39%) | $4,401,200,000 (-5.71%) | $4,667,900,000 (2.66%) | $4,547,103,000 (20.59%) |
Debt Current | $133,800,000 (-77.70%) | $600,000,000 (-43.43%) | $1,060,600,000 (152.42%) | $420,180,000 (73.29%) |
Debt Non-Current | $4,250,200,000 (11.81%) | $3,801,200,000 (5.38%) | $3,607,300,000 (-12.59%) | $4,126,923,000 (16.97%) |
Total Liabilities | $6,437,400,000 (1.94%) | $6,314,600,000 (-3.27%) | $6,528,300,000 (4.54%) | $6,244,773,000 (15.09%) |
Liabilities Current | $763,400,000 (-35.58%) | $1,185,100,000 (-28.90%) | $1,666,700,000 (84.84%) | $901,713,000 (29.46%) |
Liabilities Non-Current | $5,674,000,000 (10.62%) | $5,129,500,000 (5.51%) | $4,861,600,000 (-9.01%) | $5,343,060,000 (12.97%) |
BKH Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $2,127,700,000 (-8.73%) | $2,331,300,000 (-8.64%) | $2,551,800,000 (30.92%) | $1,949,100,000 (14.86%) |
Cost of Revenue | $1,354,500,000 (-15.44%) | $1,601,800,000 (-13.21%) | $1,845,700,000 (41.57%) | $1,303,700,000 (24.85%) |
Selling General & Administrative Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $270,100,000 (5.18%) | $256,800,000 (2.35%) | $250,900,000 (6.31%) | $236,000,000 (5.14%) |
Interest Expense | $195,200,000 (8.44%) | $180,000,000 (10.70%) | $162,600,000 (5.52%) | $154,100,000 (6.33%) |
Income Tax Expense | $36,300,000 (41.80%) | $25,600,000 (1.59%) | $25,200,000 (250.00%) | $7,200,000 (-78.13%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $283,700,000 (2.79%) | $276,000,000 (1.92%) | $270,800,000 (7.80%) | $251,200,000 (3.48%) |
Net Income to Non-Controlling Interests | $10,600,000 (-23.19%) | $13,800,000 (11.29%) | $12,400,000 (-14.48%) | $14,500,000 (-4.32%) |
Net Income | $273,100,000 (4.16%) | $262,200,000 (1.47%) | $258,400,000 (9.17%) | $236,700,000 (3.99%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $273,100,000 (4.16%) | $262,200,000 (1.47%) | $258,400,000 (9.17%) | $236,700,000 (3.99%) |
Weighted Average Shares | $69,800,000 (4.18%) | $67,000,000 (3.24%) | $64,900,000 (2.69%) | $63,200,000 (1.32%) |
Weighted Average Shares Diluted | $69,900,000 (4.17%) | $67,100,000 (3.23%) | $65,000,000 (2.69%) | $63,300,000 (1.38%) |
Earning Before Interest & Taxes (EBIT) | $504,600,000 (7.87%) | $467,800,000 (4.84%) | $446,200,000 (12.11%) | $398,000,000 (-1.84%) |
Gross Profit | $773,200,000 (5.99%) | $729,500,000 (3.31%) | $706,100,000 (9.41%) | $645,400,000 (-1.13%) |
Operating Income | $503,100,000 (6.43%) | $472,700,000 (3.84%) | $455,200,000 (11.19%) | $409,400,000 (-4.41%) |
BKH Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$746,000,000 (-39.00%) | -$536,700,000 (11.13%) | -$603,900,000 (9.08%) | -$664,200,000 (12.80%) |
Net Cash Flow from Financing | -$42,900,000 (87.45%) | -$341,700,000 (-1157.89%) | $32,300,000 (-95.59%) | $731,900,000 (237.46%) |
Net Cash Flow from Operations | $719,300,000 (-23.84%) | $944,400,000 (61.49%) | $584,800,000 (1005.26%) | -$64,600,000 (-111.92%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$69,600,000 (-205.45%) | $66,000,000 (400.00%) | $13,200,000 (325.81%) | $3,100,000 (206.20%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$744,200,000 (-33.95%) | -$555,600,000 (8.07%) | -$604,400,000 (10.79%) | -$677,500,000 (11.72%) |
Issuance (Repayment) of Debt Securities | -$16,200,000 (93.78%) | -$260,600,000 (-325.82%) | $115,400,000 (-85.16%) | $777,700,000 (181.83%) |
Issuance (Purchase) of Equity Shares | $181,400,000 (53.34%) | $118,300,000 (31.30%) | $90,100,000 (-24.29%) | $119,000,000 (19.87%) |
Payment of Dividends & Other Cash Distributions | -$182,300,000 (-8.45%) | -$168,100,000 (-7.28%) | -$156,700,000 (-8.07%) | -$145,000,000 (-7.06%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $10,600,000 (51.43%) | $7,000,000 (-18.60%) | $8,600,000 (-11.34%) | $9,700,000 (80.53%) |
Depreciation Amortization & Accretion | $270,100,000 (5.18%) | $256,800,000 (2.35%) | $250,900,000 (6.31%) | $236,000,000 (5.14%) |
BKH Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 36.30% (15.97%) | 31.30% (13.00%) | 27.70% (-16.31%) | 33.10% (-14.03%) |
Profit Margin | 12.80% (14.29%) | 11.20% (10.89%) | 10.10% (-16.53%) | 12.10% (-9.70%) |
EBITDA Margin | 36.40% (17.04%) | 31.10% (13.92%) | 27.30% (-16.00%) | 32.50% (-12.40%) |
Return on Average Equity (ROAE) | 8.00% (-3.61%) | 8.30% (-6.74%) | 8.90% (1.14%) | 8.80% (-2.22%) |
Return on Average Assets (ROAA) | 2.80% (3.70%) | 2.70% (-3.57%) | 2.80% (3.70%) | 2.70% (-6.90%) |
Return on Sales (ROS) | 23.70% (17.91%) | 20.10% (14.86%) | 17.50% (-14.22%) | 20.40% (-14.64%) |
Return on Invested Capital (ROIC) | 4.20% (2.44%) | 4.10% (5.13%) | 3.90% (8.33%) | 3.60% (-16.28%) |
Dividend Yield | 4.40% (-4.35%) | 4.60% (35.29%) | 3.40% (6.25%) | 3.20% (-8.57%) |
Price to Earnings Ratio (P/E) | 14.97 (8.47%) | 13.8 (-21.93%) | 17.67 (-6.34%) | 18.87 (12.08%) |
Price to Sales Ratio (P/S) | 1.92 (23.87%) | 1.55 (-13.36%) | 1.79 (-21.81%) | 2.29 (1.28%) |
Price to Book Ratio (P/B) | 1.2 (4.82%) | 1.14 (-25.33%) | 1.53 (-5.45%) | 1.62 (7.38%) |
Debt to Equity Ratio (D/E) | 1.84 (-6.42%) | 1.96 (-9.91%) | 2.18 (-2.72%) | 2.24 (5.81%) |
Earnings Per Share (EPS) | 3.91 (0.00%) | 3.91 (-1.76%) | 3.98 (6.42%) | 3.74 (2.47%) |
Sales Per Share (SPS) | 30.48 (-12.40%) | 34.8 (-11.50%) | 39.32 (27.49%) | 30.84 (13.37%) |
Free Cash Flow Per Share (FCFPS) | -0.36 (-106.15%) | 5.8 (2021.52%) | -0.3 (97.43%) | -11.74 (-224.72%) |
Book Value Per Share (BVPS) | 50.16 (4.53%) | 47.99 (4.00%) | 46.15 (4.64%) | 44.1 (7.40%) |
Tangible Assets Book Value Per Share (TABVPS) | 124.86 (0.64%) | 124.07 (-3.09%) | 128.03 (3.45%) | 123.76 (13.91%) |
Enterprise Value Over EBIT (EV/EBIT) | 17 (0.00%) | 17 (-19.05%) | 21 (-4.55%) | 22 (22.22%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 10.89 (-1.29%) | 11.03 (-16.36%) | 13.19 (-6.55%) | 14.11 (19.07%) |
Asset Turnover | 0.21 (-11.52%) | 0.24 (-11.31%) | 0.27 (24.55%) | 0.22 (1.38%) |
Current Ratio | 0.97 (39.45%) | 0.7 (8.40%) | 0.64 (-28.24%) | 0.9 (26.55%) |
Dividends | $2.6 (4.00%) | $2.5 (3.73%) | $2.41 (5.24%) | $2.29 (5.53%) |
Free Cash Flow (FCF) | -$24,900,000 (-106.40%) | $388,800,000 (2083.67%) | -$19,600,000 (97.36%) | -$742,100,000 (-229.03%) |
Enterprise Value (EV) | $8,435,165,712 (5.54%) | $7,992,157,140 (-13.06%) | $9,192,895,738 (2.75%) | $8,946,958,524 (19.84%) |
Earnings Before Tax (EBT) | $309,400,000 (7.51%) | $287,800,000 (1.48%) | $283,600,000 (16.28%) | $243,900,000 (-6.38%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $774,700,000 (6.91%) | $724,600,000 (3.94%) | $697,100,000 (9.95%) | $634,000,000 (0.65%) |
Invested Capital | $12,312,700,000 (7.67%) | $11,435,600,000 (1.35%) | $11,283,300,000 (-1.48%) | $11,453,252,000 (16.39%) |
Working Capital | -$21,100,000 (94.11%) | -$358,500,000 (39.75%) | -$595,000,000 (-535.82%) | -$93,580,000 (53.96%) |
Tangible Asset Value | $8,715,500,000 (4.85%) | $8,312,500,000 (0.04%) | $8,309,100,000 (6.23%) | $7,821,672,000 (15.41%) |
Market Capitalization | $4,188,465,712 (14.18%) | $3,668,149,140 (-19.87%) | $4,577,604,738 (1.64%) | $4,503,796,524 (16.81%) |
Average Equity | $3,409,825,000 (8.33%) | $3,147,644,750 (8.18%) | $2,909,719,500 (8.09%) | $2,692,042,500 (6.44%) |
Average Assets | $9,900,975,000 (3.07%) | $9,605,639,750 (3.27%) | $9,301,427,500 (4.87%) | $8,869,134,250 (13.50%) |
Invested Capital Average | $11,993,725,000 (4.81%) | $11,443,358,250 (-0.29%) | $11,476,369,500 (4.84%) | $10,946,454,000 (15.32%) |
Shares | 71,573,235 (5.27%) | 67,991,643 (4.48%) | 65,078,259 (1.97%) | 63,820,271 (1.71%) |
