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

BKH has the lower trailing P/E: BKH trades at 17.86 and NWE at 24.88. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, BKH or NWE?

Over the past five years, NWE grew revenue faster — BKH at a 4.57% CAGR versus NWE at 5.52%.

Does BKH or NWE pay a bigger dividend?

BKH yields 3.94% and NWE yields 3.86% based on trailing dividends and the latest price.

Is BKH or NWE more profitable?

BKH runs the higher net margin — BKH at 13.00% versus NWE at 10.13%.

How have BKH and NWE total returns compared?

Over the past 10 years, BKH delivered 5.83% and NWE delivered 6.67% annualized total return. Past performance doesn't predict future results.

Black Hills Corporation (BKH) vs Northwestern Energy Group Inc (NWE)

A side-by-side comparison of Black Hills Corporation and Northwestern Energy Group Inc across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

BKH

Black Hills Corporation

$5.39B

$70.74UtilitiesDelayed quote: Oct 6, 2026, 4:00 PM EDT

NWE

Northwestern Energy Group Inc

$4.24B

$68.92UtilitiesDelayed quote: Oct 6, 2026, 4:00 PM EDT

Total return — BKH vs NWE

growth of $100 · dividends reinvested · last 10y

BKH +77.6% (+5.9%/yr)NWE +92.3% (+6.8%/yr)NWE compounded faster over this window

BKH NWE

BKH vs NWE: by the numbers

•BKH is the larger company ($5.39B vs $4.24B market cap).
•BKH trades at the lower trailing earnings multiple (17.86 vs 24.88 P/E), one valuation lens rather than an overall verdict.
•BKH converts more revenue to profit (13.00% vs 10.13% net margin).
•NWE grew revenue faster over the past five years (5.52% vs 4.57% CAGR).
•BKH pays the higher dividend yield (3.94% vs 3.86%).

Metrics side by side

Valuation

Metric	BKH	NWE
P/E ratio	17.86	24.88
Forward P/E	16.29	18.45
PEG ratio	10.21	N/A
P/S ratio	2.34	2.51
P/B ratio	1.37	1.46
EV / EBITDA	11.67	13.57

Profitability

Metric	BKH	NWE
Gross margin	42.92%	82.31%
Operating margin	23.79%	18.84%
Net margin	13.00%	10.13%
ROE	7.58%	5.92%
ROIC	4.73%	3.86%

Dividends

Metric	BKH	NWE
Dividend yield	3.94%	3.86%
Payout ratio	70.33%	96.39%

Growth (annualized)

Metric	BKH	NWE
Revenue CAGR (5Y)	4.57%	5.52%
EPS CAGR (5Y)	1.80%	-0.79%
Total return CAGR (5Y)	5.56%	8.02%

Frequently asked

Which has the lower trailing P/E, BKH or NWE?: BKH has the lower trailing P/E: BKH trades at 17.86 and NWE at 24.88. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, BKH or NWE?: Over the past five years, NWE grew revenue faster — BKH at a 4.57% CAGR versus NWE at 5.52%.
Does BKH or NWE pay a bigger dividend?: BKH yields 3.94% and NWE yields 3.86% based on trailing dividends and the latest price.
Is BKH or NWE more profitable?: BKH runs the higher net margin — BKH at 13.00% versus NWE at 10.13%.
How have BKH and NWE total returns compared?: Over the past 10 years, BKH delivered 5.83% and NWE delivered 6.67% annualized total return. Past performance doesn't predict future results.

Go deeper

Full BKH analysis Full NWE analysis Interactive comparison tool

Dig into the metrics

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

Black Hills & Northwestern Energy appear in these rankings

Highest Dividend Yield Stocks 25+ Year Dividend Growers

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 October 6, 2026.