Black Hills Corporation (BKH) Enterprise Value (EV): $10.06B
The enterprise value (EV) for Black Hills Corporation (BKH) is $10.06B as of Saturday, June 20, 2026.
BKH Enterprise Value (EV) Metrics
ENTERPRISE VALUE (EV)
$10.06B
BKH Competitors' Enterprise Value (EV)
| NAME | MARKET CAP | ENTERPRISE VALUE (EV) |
|---|---|---|
| Black Hills Corporation (BKH) | $5.54B | $10.06B |
| Clearway Energy, Inc. (CWEN-A)vs › | $8.31B | $13.34B |
| The AES Corporation (AES)vs › | $10.43B | $38.46B |
| Brookfield Renewable Partners L.P. (BEP)vs › | $10.69B | $41.16B |
| Alliant Energy Corporation (LNT)vs › | $18.85B | $28.50B |
| Talen Energy Corporation (TLN)vs › | $19.81B | $23.20B |
| NiSource Inc. (NI)vs › | $22.66B | $35.85B |
| CMS Energy Corporation (CMS)vs › | $22.67B | $39.34B |
| American Water Works Company, Inc. (AWK)vs › | $24.42B | $41.25B |
| Eversource Energy (ES)vs › | $26.17B | $55.12B |
Enterprise Value Calculation
Market Cap
$5.54B
Total Debt
$4.70B
Cash
$182.80M
Enterprise Value
$10.06B
EV-Based Valuation Multiples
Why use EV instead of Market Cap?
- EV accounts for debt - an acquirer must pay or assume it
- EV deducts cash - the acquirer effectively receives it
- EV enables fair comparison of companies with different capital structures
- EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral
Black Hills Corporation Enterprise Value (EV) Formula & Definition
Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Black Hills Corporation Enterprise Value (EV) FAQ
- What is the enterprise value (EV) for Black Hills Corporation (BKH)?
- The enterprise value (EV) for BKH stock is $10.06B.
Related Metrics
About Black Hills Corporation
Black Hills Corporation operates as an American utility firm, delivering both electric power and natural gas through its subsidiaries. Its business is organized into two primary divisions: Electric Utilities and Gas Utilities. The Electric Utilities segment is responsible for generating, transmitting, and distributing electricity to approximately 218,000 customers spanning Colorado, Montana, South Dakota, and Wyoming. This division manages 1,481.5 megawatts of power generation capacity and maintains 8,892 miles of electric transmission and distribution lines. Electric power generation is diversified, utilizing wind, natural gas, and coal-fired plants, and the company also operates a coal mine near Gillette, Wyoming. Conversely, the Gas Utilities segment provides natural gas to roughly 1,094,000 utility clients across Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming. This operation includes overseeing 4,732 miles of intrastate gas transmission pipelines, 41,644 miles of gas distribution mains and service lines, six natural gas storage facilities, around 50,000 horsepower of compression, and 515 miles of gathering lines. Beyond these core utility offerings, Black Hills Corporation also constructs and maintains gas infrastructure for various gas transportation customers. It provides appliance repair services for residential utility subscribers and offers electrical system construction to large industrial clients. Founded in 1941, the company's headquarters are situated in Rapid City, South Dakota.
- Sector
- Utilities
- Industry
- Diversified Utilities
- CEO
- Linden R. Evans