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Black Hills Corporation (BKH)
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The market capitalization for Black Hills Corporation (BKH) is $5.54 Billion, making it a Mid Cap company. Market cap is calculated by multiplying the current stock price by the total number of shares outstanding.

Market Capitalization

$5.54B

$5.54 Billion

Calculation

Stock Price
$72.75
Shares Outstanding
76.13M
Market Cap
$5.54B

Market Cap = Price × Shares Outstanding

Size Classification

Mid Cap

$2B - $10B

Companies with market capitalization between $2 billion and $10 billion.

Market Cap Size Scale

Micro Cap

<$250M

Small Cap

$250M-$2B

Mid Cap

$2B-$10B

Large Cap

$10B-$1T

Mega Cap

>$1T

BKH Market Cap: $5.54 Billion

Related Valuation Metrics

Key Statistics

Market Cap$5.54 Billion
Stock Price$72.75
Shares Outstanding76.13M
Size CategoryMid Cap
P/E Ratio18.95
P/B Ratio1.39
Data as of Saturday, June 20, 2026

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.

Rapid City, SD
2,841 employees
Utilities / Diversified Utilities
Sector
Utilities
Industry
Diversified Utilities
CEO
Linden R. Evans