Which has the lower trailing P/E, AVA or BKH?

AVA has the lower trailing P/E: AVA trades at 12.75 and BKH at 17.81. 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 5.35% and BKH yields 3.91% based on trailing dividends and the latest price.

Is AVA or BKH more profitable?

BKH runs the higher net margin — AVA at 11.83% versus BKH at 13.00%.

How have AVA and BKH total returns compared?

Over the past 10 years, AVA delivered 3.25% and BKH delivered 5.86% annualized total return. Past performance doesn't predict future results.

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 September 13, 2026. Differences are shown without an overall score or investment verdict.

AVA

Avista Corporation

$2.97B

$35.45UtilitiesDelayed quote: Sep 23, 2026, 4:00 PM EDT

BKH

Black Hills Corporation

$5.37B

$70.51UtilitiesDelayed quote: Sep 23, 2026, 4:00 PM EDT

Total return — AVA vs BKH

growth of $100 · dividends reinvested · last 10y

AVA +32.6% (+2.9%/yr)BKH +70.6% (+5.5%/yr)BKH compounded faster over this window

AVA BKH

AVA vs BKH: by the numbers

•BKH is the larger company ($5.37B vs $2.97B market cap).
•AVA trades at the lower trailing earnings multiple (12.75 vs 17.81 P/E), one valuation lens rather than an overall verdict.
•BKH converts more revenue to profit (13.00% vs 11.83% net margin).
•AVA grew revenue faster over the past five years (7.06% vs 4.57% CAGR).
•AVA pays the higher dividend yield (5.35% vs 3.91%).

Metrics side by side

Valuation

Metric	AVA	BKH
P/E ratio	12.75	17.81
Forward P/E	13.62	16.23
P/S ratio	1.55	2.33
P/B ratio	1.05	1.36
EV / EBITDA	9.73	11.65

Profitability

Metric	AVA	BKH
Gross margin	24.19%	42.92%
Operating margin	18.76%	23.79%
Net margin	11.83%	13.00%
ROE	8.05%	7.58%
ROIC	4.27%	4.73%

Dividends

Metric	AVA	BKH
Dividend yield	5.35%	3.91%
Payout ratio	70.77%	70.33%

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)	2.55%	5.34%

Frequently asked

Which has the lower trailing P/E, AVA or BKH?: AVA has the lower trailing P/E: AVA trades at 12.75 and BKH at 17.81. 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 5.35% and BKH yields 3.91% based on trailing dividends and the latest price.
Is AVA or BKH more profitable?: BKH runs the higher net margin — AVA at 11.83% versus BKH at 13.00%.
How have AVA and BKH total returns compared?: Over the past 10 years, AVA delivered 3.25% and BKH delivered 5.86% annualized total return. 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 25+ Year Dividend Growers Lowest P/E Ratio Stocks

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 September 13, 2026.