Is AVA or BKH cheaper?

On trailing earnings, AVA is cheaper: AVA trades at a 16.25 P/E and BKH at 19.35.

Which has grown faster, AVA or BKH?

Over the past five years, AVA grew revenue faster — AVA at a 7.35% CAGR versus BKH at 4.97%.

Does AVA or BKH pay a bigger dividend?

AVA yields 4.80% and BKH yields 3.71% based on trailing dividends and the latest price.

Is AVA or BKH more profitable?

BKH runs the higher net margin — AVA at 10.75% versus BKH at 12.61%.

Which has been the better investment, AVA or BKH?

Over the past 10-year, BKH delivered the higher annualized total return — AVA at 3.78% versus BKH at 5.53%. Past performance doesn't predict future results.

Avista Corporation (AVA) vs Black Hills Corporation (BKH)

AVA leads on 10 of 15 compared metrics.

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 June 26, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Black Hills Corporation

$5.66B

$74.31Utilities

Total return — AVA vs BKH

growth of $100 · last 30y

AVA +122.9%BKH +369.4%BKH compounded faster

AVA BKH

AVA vs BKH: by the numbers

•BKH is the larger company ($5.66B vs $3.38B market cap).
•AVA trades at the lower earnings multiple (16.25 vs 19.35 P/E).
•BKH converts more revenue to profit (12.61% vs 10.75% net margin).
•AVA grew revenue faster over the past five years (7.35% vs 4.97% CAGR).
•AVA pays the higher dividend yield (4.80% vs 3.71%).

Which is better, AVA or BKH?

Metric tally: AVA 10 · BKH 5

It depends on what you're optimizing for:

ValueAVA(lower P/E)

GrowthAVA(faster 5Y revenue CAGR)

IncomeAVA(higher dividend yield)

QualityBKH(higher ROIC)

Metrics side by side

Valuation

Metric	AVA	BKH
P/E ratio	16.25●	19.35
Forward P/E	14.62●	16.11
P/S ratio	1.76●	2.46
P/B ratio	1.22●	1.42
PEG ratio	3.69●	8.50
EV / EBITDA	9.98●	12.35

Profitability

Metric	AVA	BKH
Gross margin	56.08%●	35.66%
Operating margin	18.94%	23.30%●
Net margin	10.75%	12.61%●
ROE	7.42%	7.31%
ROIC	3.85%	4.63%●

Dividends

Metric	AVA	BKH
Dividend yield	4.80%●	3.71%
Payout ratio	82.56%	69.12%

Growth (annualized)

Metric	AVA	BKH
Revenue CAGR (5Y)	7.35%●	4.97%
EPS CAGR (5Y)	4.50%●	1.80%
FCF CAGR (5Y)	-20.75%	20.20%●
Total return CAGR (5Y)	3.56%	5.98%●

Frequently asked

Which is better, AVA or BKH?: It depends on your goal. value: AVA (lower P/E); growth: AVA (faster 5Y revenue CAGR); income: AVA (higher dividend yield); quality: BKH (higher ROIC). Across all compared metrics, AVA leads 10 to 5.
Is AVA or BKH cheaper?: On trailing earnings, AVA is cheaper: AVA trades at a 16.25 P/E and BKH at 19.35.
Which has grown faster, AVA or BKH?: Over the past five years, AVA grew revenue faster — AVA at a 7.35% CAGR versus BKH at 4.97%.
Does AVA or BKH pay a bigger dividend?: AVA yields 4.80% and BKH yields 3.71% based on trailing dividends and the latest price.
Is AVA or BKH more profitable?: BKH runs the higher net margin — AVA at 10.75% versus BKH at 12.61%.
Which has been the better investment, AVA or BKH?: Over the past 10-year, BKH delivered the higher annualized total return — AVA at 3.78% versus BKH at 5.53%. Past performance doesn't predict future results.

Go deeper

Full AVA analysis Full BKH analysis Interactive comparison tool

Dig into the metrics

Avista P/E ratio Black Hills P/E ratio Avista dividend yield Black Hills dividend yield Avista ROE Black Hills ROE Avista operating margin Black Hills operating margin Avista revenue growth Black Hills revenue growth Avista free cash flow Black Hills free cash flow

Avista & Black Hills appear in these rankings

Highest Dividend Yield Stocks Dividend Aristocrats

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 June 26, 2026.