Avista Corporation (AVA) vs Black Hills Corporation (BKH)
A side-by-side comparison of Avista Corporation and Black Hills Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 9, 2026. Differences are shown without an overall score or investment verdict.
AVA
Avista Corporation
$38.73UtilitiesAt close: Aug 7, 2026, 4:00 PM ET
BKH
Black Hills Corporation
$74.65UtilitiesAt close: Aug 7, 2026, 4:00 PM ET
Total return — AVA vs BKH
growth of $100 · dividends reinvested · last 10yAVA +37.9% (+3.3%/yr)BKH +74.6% (+5.7%/yr)BKH compounded faster over this window
AVA BKH
AVA vs BKH: by the numbers
- •BKH is the larger company ($5.68B vs $3.24B market cap).
- •AVA trades at the lower trailing earnings multiple (13.93 vs 18.85 P/E), one valuation lens rather than an overall verdict.
- •AVA converts more revenue to profit (11.83% vs 5.46% net margin).
- •AVA grew revenue faster over the past five years (7.06% vs 4.57% CAGR).
- •AVA pays the higher dividend yield (5.07% vs 3.69%).
Metrics side by side
Valuation
| Metric | AVA | BKH |
|---|---|---|
| P/E ratio | 13.93 | 18.85 |
| Forward P/E | 14.83 | 17.22 |
| P/S ratio | 1.68 | 2.46 |
| P/B ratio | 1.14 | 1.43 |
| EV / EBITDA | 9.99 | 12.30 |
Profitability
| Metric | AVA | BKH |
|---|---|---|
| Gross margin | 24.19% | 38.47% |
| Operating margin | 18.76% | 23.88% |
| Net margin | 11.83% | 5.46% |
| ROE | 8.05% | 3.18% |
| ROIC | 3.85% | 4.63% |
Dividends
| Metric | AVA | BKH |
|---|---|---|
| Dividend yield | 5.07% | 3.69% |
| Payout ratio | 82.56% | 69.12% |
Growth (annualized)
| Metric | AVA | BKH |
|---|---|---|
| Revenue CAGR (5Y) | 7.06% | 4.57% |
| EPS CAGR (5Y) | 4.50% | 1.80% |
| FCF CAGR (5Y) | N/A | 20.20% |
| Total return CAGR (5Y) | 2.83% | 5.38% |
Frequently asked
- Which has the lower trailing P/E, AVA or BKH?
- AVA has the lower trailing P/E: AVA trades at 13.93 and BKH at 18.85. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, AVA or BKH?
- Over the past five years, AVA grew revenue faster — AVA at a 7.06% CAGR versus BKH at 4.57%.
- Does AVA or BKH pay a bigger dividend?
- AVA yields 5.07% and BKH yields 3.69% based on trailing dividends and the latest price.
- Is AVA or BKH more profitable?
- AVA runs the higher net margin — AVA at 11.83% versus BKH at 5.46%.
- How have AVA and BKH total returns compared?
- Over the past 10 years, AVA delivered 3.22% and BKH delivered 5.73% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Avista P/E ratioBlack Hills P/E ratioAvista dividend yieldBlack Hills dividend yieldAvista ROEBlack Hills ROEAvista operating marginBlack Hills operating marginAvista revenue growthBlack Hills revenue growthAvista free cash flowBlack Hills free cash flow
Avista & Black Hills appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 9, 2026.