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).

Compare

Total return — BKH vs ES

growth of $100 · last 30y
BKH +361.9%ES +410.6%ES compounded faster
200400600Start $100200120062011201620212026$462$511
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 11

It 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

MetricBKHES
P/E ratio18.9514.87
Forward P/E15.7714.10
P/S ratio2.411.88
P/B ratio1.391.59
PEG ratio8.500.15
EV / EBITDA12.219.99
FCF yield0.90%

Profitability

MetricBKHES
Gross margin35.66%39.87%
Operating margin23.30%22.52%
Net margin12.61%12.55%
ROE7.31%10.58%
ROIC4.63%4.68%

Dividends

MetricBKHES
Dividend yield3.79%4.43%
Payout ratio69.12%67.54%

Growth (annualized)

MetricBKHES
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.

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.