Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the net profit margin high or low?
The net profit margin of 16.78% is 50% above its 5-year average of 11.17%, near the high end of its 5-year range (5.62%–17.61%).
As of the fiscal period ended Tuesday, March 31, 2026. 35.28% above its 12-month average of 12.40%.
Reported quarterly profit margin; no daily interpolation.
NET PROFIT MARGIN
16.78%
NET PROFIT MARGIN AVG TTM
12.40%
NET PROFIT MARGIN AVG 3Y
11.57%
NET PROFIT MARGIN AVG 5Y
11.17%
NET PROFIT MARGIN AVG 10Y
10.58%
NET PROFIT MARGIN AVG 15Y
9.10%
NET PROFIT MARGIN AVG 20Y
9.29%
CURRENT VS TTM AVG
+35.28%
CURRENT VS 3Y AVG
+45.03%
CURRENT VS 5Y AVG
+50.17%
CURRENT VS 10Y AVG
+58.54%
CURRENT VS 15Y AVG
+84.47%
CURRENT VS 20Y AVG
+80.69%
SECTOR MEDIAN · UTILITIES
12.55%
median of 43 covered companies
CURRENT VS SECTOR MEDIAN
+33.70%
vs the sector median at left
Black Hills Corporation
Market Cap
$5.50B
Net Profit Margin
16.78%
TTM Avg
12.40%
3Y Avg
11.57%
5Y Avg
11.17%
Market Cap
$3.24B
Net Profit Margin
11.83%
TTM Avg
9.56%
3Y Avg
9.49%
5Y Avg
9.67%
Market Cap
$2.89B
Net Profit Margin
-1.62%
TTM Avg
-0.65%
3Y Avg
-7.14%
5Y Avg
-10.12%
Market Cap
$2.83B
Net Profit Margin
-2066.55%
TTM Avg
-749.53%
3Y Avg
-559.60%
5Y Avg
-3425.12%
Market Cap
$8.31B
Net Profit Margin
0.13%
TTM Avg
9.13%
3Y Avg
18.29%
5Y Avg
13.20%
Market Cap
$2.05B
Net Profit Margin
9.56%
TTM Avg
7.81%
3Y Avg
7.95%
5Y Avg
8.47%
Market Cap
$1.11B
Net Profit Margin
5.25%
TTM Avg
-2.12%
3Y Avg
15.89%
5Y Avg
12.85%
| NAME | MARKET CAP | NET PROFIT MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Black Hills Corporation (BKH) | $5.50B | 16.78% | 12.40% | 11.57% | 11.17% |
| Oklo Inc. (OKLO)vs › | $7.54B | 0.00% | 0.00% | 0.00% | 0.00% |
| Avista Corporation (AVA)vs › | $3.24B | 11.83% | 9.56% | 9.49% | 9.67% |
| UGI Corporation (UGI)vs › | $7.77B | 8.71% | 6.52% | 1.71% | 5.77% |
| Fluence Energy, Inc. (FLNC)vs › | $2.89B | -1.62% | -0.65% | -7.14% | -10.12% |
| NuScale Power Corporation (SMR)vs › | $2.83B | -2066.55% | -749.53% | -559.60% | -3425.12% |
| Clearway Energy, Inc. (CWEN-A)vs › | $8.31B | 0.13% | 9.13% | 18.29% | 13.20% |
| Northwest Natural Holding Company (NWN)vs › | $2.05B | 9.56% | 7.81% | 7.95% | 8.47% |
| XPLR Infrastructure, LP (XIFR)vs › | $1.11B | 5.25% | -2.12% | 15.89% | 12.85% |
| Brookfield Renewable Partners L.P. (BEP)vs › | $10.11B | 3.01% | -2.00% | -1.90% | -2.91% |
Operating Margin
23.3%
Net Profit Margin
16.8%
Net Profit Margin = Net Income / Revenue
Net profit margin is the percentage of revenue that becomes net income after all expenses, taxes, and interest.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | NET PROFIT MARGIN |
|---|---|
| 2026-03-31 | 16.78% |
| 2025-12-31 | 16.51% |
| 2025-09-30 | 5.79% |
| 2025-06-30 | 6.26% |
| 2025-03-31 | 16.68% |
| 2024-12-31 | 16.43% |
| 2024-09-30 | 6.08% |
| 2024-06-30 | 5.66% |
| 2024-03-31 | 17.61% |
| 2023-12-31 | 13.47% |
| 2023-09-30 | 11.15% |
| 2023-06-30 | 5.62% |
| 2023-03-31 | 12.39% |
| 2022-12-31 | 9.16% |
| 2022-09-30 | 7.56% |
| 2022-06-30 | 7.05% |
| 2022-03-31 | 14.27% |
| 2021-12-31 | 12.65% |
| 2021-09-30 | 11.59% |
| 2021-06-30 | 6.75% |
| 2021-03-31 | 15.21% |
| 2020-12-31 | 15.87% |
| 2020-09-30 | 10.47% |
| 2020-06-30 | 6.41% |
| 2020-03-31 | 17.35% |
| 2019-12-31 | 14.48% |
| 2019-09-30 | 3.61% |
| 2019-06-30 | 4.37% |
| 2019-03-31 | 17.36% |
| 2018-12-31 | 17.27% |
| 2018-09-30 | 5.26% |
| 2018-06-30 | 6.16% |
| 2018-03-31 | 23.12% |
| 2017-12-31 | 11.61% |
| 2017-09-30 | 8.24% |
| 2017-06-30 | 6.49% |
| 2017-03-31 | 13.98% |
| 2016-12-31 | 3.92% |
| 2016-09-30 | 4.23% |
| 2016-06-30 | 0.21% |
| 2016-03-31 | 8.89% |
| 2015-12-31 | -4.45% |
| 2015-09-30 | -3.65% |
| 2015-06-30 | -15.37% |
| 2015-03-31 | 7.66% |
| 2014-12-31 | 8.99% |
| 2014-09-30 | 10.06% |
| 2014-06-30 | 7.18% |
| 2014-03-31 | 10.57% |
| 2013-12-31 | 5.10% |
| 2013-09-30 | 8.90% |
| 2013-06-30 | 10.91% |
| 2013-03-31 | 11.35% |
| 2012-12-31 | 9.65% |
| 2012-09-30 | 13.96% |
| 2012-06-30 | -5.56% |
| 2012-03-31 | 8.14% |
| 2011-12-31 | 7.54% |
| 2011-09-30 | -4.22% |
| 2011-06-30 | 2.97% |
| 2011-03-31 | 6.71% |
| 2010-12-31 | 10.18% |
| 2010-09-30 | 4.97% |
| 2010-06-30 | -3.38% |
| 2010-03-31 | 7.37% |
| 2009-12-31 | 9.40% |
| 2009-09-30 | -0.97% |
| 2009-06-30 | 9.55% |
| 2009-03-31 | 6.03% |
| 2008-12-31 | -24.23% |
| 2008-09-30 | 56.50% |
| 2008-06-30 | 14.48% |
| 2008-03-31 | 9.37% |
| 2007-12-31 | 12.98% |
| 2007-09-30 | 13.42% |
| 2007-06-30 | 18.80% |
| 2007-03-31 | 17.40% |
| 2006-12-31 | 12.00% |
| 2006-09-30 | 14.14% |
| 2006-06-30 | 7.64% |
| 2006-03-31 | 15.21% |
| 2005-12-31 | 6.44% |
| 2005-09-30 | -16.04% |
| 2005-06-30 | 10.51% |
| 2005-03-31 | 11.05% |
| 2004-12-31 | 6.78% |
| 2004-09-30 | 6.36% |
| 2004-06-30 | 4.28% |
| 2004-03-31 | 3.58% |
| 2003-12-31 | 3.07% |
| 2003-09-30 | 5.46% |
| 2003-06-30 | 5.76% |
| 2003-03-31 | 4.74% |
| 2002-12-31 | 14.44% |
| 2002-09-30 | 7.28% |
| 2002-06-30 | 5.30% |