Which has grown faster, BKH or SMR?

Over the past five years, SMR grew revenue faster — BKH at a 4.97% CAGR versus SMR at 120.81%.

Does BKH or SMR pay a bigger dividend?

BKH pays a dividend (3.70% yield) while SMR does not currently pay one.

Is BKH or SMR more profitable?

BKH runs the higher net margin — BKH at 12.61% versus SMR at -2066.55%.

Which has been the better investment, BKH or SMR?

Over the past 5-year, BKH delivered the higher annualized total return — BKH at 5.57% versus SMR at 0.40%. Past performance doesn't predict future results.

Black Hills Corporation (BKH) vs NuScale Power Corporation (SMR)

BKH leads on 7 of 8 compared metrics.

A side-by-side comparison of Black Hills Corporation and NuScale Power Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 25, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

BKH

Black Hills Corporation

$5.68B

$74.56Utilities

SMR

NuScale Power Corporation

$3.04B

$10.21Utilities

Total return — BKH vs SMR

growth of $100 · last 6y

BKH +26.3%SMR +2.6%BKH compounded faster

BKH SMR

BKH vs SMR: by the numbers

•BKH is the larger company ($5.68B vs $3.04B market cap).
•BKH is profitable (12.61% net margin) while SMR runs a net loss (-2066.55%).
•SMR grew revenue faster over the past five years (120.81% vs 4.97% CAGR).
•BKH pays a dividend (3.70% yield) while SMR does not currently pay one.

Which is better, BKH or SMR?

Metric tally: BKH 7 · SMR 1

It depends on what you're optimizing for:

GrowthSMR(faster 5Y revenue CAGR)

QualityBKH(higher ROIC)

Metrics side by side

Valuation

Metric	BKH	SMR
P/E ratio	19.42	—
Forward P/E	16.17	—
P/S ratio	2.47●	89.54
P/B ratio	1.43	1.43
PEG ratio	8.50	—
EV / EBITDA	12.37	—

Profitability

Metric	BKH	SMR
Gross margin	35.66%●	22.42%
Operating margin	23.30%●	-3812.57%
Net margin	12.61%●	-2066.55%
ROE	7.31%●	-33.06%
ROIC	4.63%●	-61.76%

Dividends

Metric	BKH	SMR
Dividend yield	3.70%	—
Payout ratio	69.12%	—

Growth (annualized)

Metric	BKH	SMR
Revenue CAGR (5Y)	4.97%	120.81%●
EPS CAGR (5Y)	1.80%	—
FCF CAGR (5Y)	20.20%	—
Total return CAGR (5Y)	6.18%●	0.40%

Frequently asked

Which is better, BKH or SMR?: It depends on your goal. growth: SMR (faster 5Y revenue CAGR); quality: BKH (higher ROIC). Across all compared metrics, BKH leads 7 to 1.
Which has grown faster, BKH or SMR?: Over the past five years, SMR grew revenue faster — BKH at a 4.97% CAGR versus SMR at 120.81%.
Does BKH or SMR pay a bigger dividend?: BKH pays a dividend (3.70% yield) while SMR does not currently pay one.
Is BKH or SMR more profitable?: BKH runs the higher net margin — BKH at 12.61% versus SMR at -2066.55%.
Which has been the better investment, BKH or SMR?: Over the past 5-year, BKH delivered the higher annualized total return — BKH at 5.57% versus SMR at 0.40%. Past performance doesn't predict future results.

Go deeper

Full BKH analysis Full SMR analysis Interactive comparison tool

Dig into the metrics

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

Black Hills & NuScale Power appear in these rankings

Highest Dividend Yield Stocks Dividend Aristocrats Fastest Revenue Growth 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 June 25, 2026.