Black Hills Corporation (BKH) vs Eversource Energy (ES)
ES leads on 11 of 14 compared metrics.
A side-by-side comparison of Black Hills Corporation and Eversource Energy across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 20, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — BKH vs ES
growth of $100 · last 30yBKH +361.9%ES +410.6%ES compounded faster
BKH ES
BKH vs ES: by the numbers
- •ES is the larger company ($26.17B vs $5.54B market cap).
- •ES trades at the lower earnings multiple (14.87 vs 18.95 P/E).
- •ES grew revenue faster over the past five years (8.29% vs 4.97% CAGR).
- •ES pays the higher dividend yield (4.43% vs 3.79%).
Which is better, BKH or ES?
Metric tally: BKH 3 · ES 11It depends on what you're optimizing for:
ValueES(lower P/E)
GrowthES(faster 5Y revenue CAGR)
IncomeES(higher dividend yield)
Metrics side by side
Valuation
| Metric | BKH | ES |
|---|---|---|
| P/E ratio | 18.95 | 14.87● |
| Forward P/E | 15.77 | 14.10● |
| P/S ratio | 2.41 | 1.88● |
| P/B ratio | 1.39● | 1.59 |
| PEG ratio | 8.50 | 0.15● |
| EV / EBITDA | 12.21 | 9.99● |
| FCF yield | — | 0.90% |
Profitability
| Metric | BKH | ES |
|---|---|---|
| Gross margin | 35.66% | 39.87%● |
| Operating margin | 23.30%● | 22.52% |
| Net margin | 12.61% | 12.55% |
| ROE | 7.31% | 10.58%● |
| ROIC | 4.63% | 4.68% |
Dividends
| Metric | BKH | ES |
|---|---|---|
| Dividend yield | 3.79% | 4.43%● |
| Payout ratio | 69.12% | 67.54% |
Growth (annualized)
| Metric | BKH | ES |
|---|---|---|
| Revenue CAGR (5Y) | 4.97% | 8.29%● |
| EPS CAGR (5Y) | 1.80% | 5.08%● |
| FCF CAGR (5Y) | 20.20% | 20.98%● |
| Total return CAGR (5Y) | 5.65%● | 1.22% |
Frequently asked
- Which is better, BKH or ES?
- It depends on your goal. value: ES (lower P/E); growth: ES (faster 5Y revenue CAGR); income: ES (higher dividend yield). Across all compared metrics, ES leads 11 to 3.
- Is BKH or ES cheaper?
- On trailing earnings, ES is cheaper: BKH trades at a 18.95 P/E and ES at 14.87.
- Which has grown faster, BKH or ES?
- Over the past five years, ES grew revenue faster — BKH at a 4.97% CAGR versus ES at 8.29%.
- Does BKH or ES pay a bigger dividend?
- BKH yields 3.79% and ES yields 4.43% based on trailing dividends and the latest price.
- Which has been the better investment, BKH or ES?
- Over the past 10-year, ES delivered the higher annualized total return — BKH at 5.26% versus ES at 5.66%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Black Hills P/E ratioEversource Energy P/E ratioBlack Hills dividend yieldEversource Energy dividend yieldBlack Hills ROEEversource Energy ROEBlack Hills operating marginEversource Energy operating marginBlack Hills revenue growthEversource Energy revenue growthBlack Hills free cash flowEversource Energy free cash flow
Black Hills & Eversource Energy 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 June 20, 2026.