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Black Hills Corporation (BKH)
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Black Hills Corporation (BKH) EV/Sales Ratio: 4.43x

popular:market cap|pe ratio|revenue|price history|total return

Is Black Hills Corporation’s EV/Sales ratio high or low?

Black Hills Corporation's EV/Sales ratio of 4.43x is 12% above its 5-year average of 3.96x, near the high end of its 5-year range (2.91x–4.96x).

As of Saturday, June 20, 2026. 7.13% above its 12-month average of 4.14x.

EV/EBITDA|P/S Ratio|Revenue|All Metrics

BKH EV/Sales Ratio Chart

BKH EV/Sales Ratio
4.43x+17.51% 1Y
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BKH Average EV/Sales Ratio Chart

BKH Current vs Average EV/Sales Ratio Chart

BKH EV/Sales Ratio Metrics

EV/SALES RATIO

4.43x

EV/SALES RATIO AVG TTM

4.14x

EV/SALES RATIO AVG 3Y

3.77x

EV/SALES RATIO AVG 5Y

3.96x

EV/SALES RATIO AVG 10Y

4.13x

EV/SALES RATIO AVG 15Y

3.66x

EV/SALES RATIO AVG 20Y

3.33x

CURRENT VS TTM AVG

+7.13%

CURRENT VS 3Y AVG

+17.36%

CURRENT VS 5Y AVG

+11.83%

CURRENT VS 10Y AVG

+7.25%

CURRENT VS 15Y AVG

+21.01%

CURRENT VS 20Y AVG

+33.03%

BKH Competitors' EV/Sales Ratio

NAMEMARKET CAPEV/SALES RATIOTTM3Y5Y
Black Hills Corporation (BKH)$5.54B4.43x4.14x3.77x3.96x
Clearway Energy, Inc. (CWEN-A)vs ›$8.31B9.72x9.06x8.26x8.53x
The AES Corporation (AES)vs ›$10.43B3.19x3.20x3.07x3.11x
Brookfield Renewable Partners L.P. (BEP)vs ›$10.69B7.06x6.90x6.67x6.91x
Alliant Energy Corporation (LNT)vs ›$18.85B6.93x6.77x6.15x6.04x
Talen Energy Corporation (TLN)vs ›$19.81B5.63x8.59x6.10x6.10x
NiSource Inc. (NI)vs ›$22.66B5.78x5.73x5.21x4.83x
CMS Energy Corporation (CMS)vs ›$22.67B4.63x4.79x4.57x4.38x
American Water Works Company, Inc. (AWK)vs ›$24.42B7.68x8.22x8.69x9.34x
Eversource Energy (ES)vs ›$26.17B4.04x4.18x4.13x4.36x

Understanding EV/Sales

Enterprise Value (EV) = Market Cap + Total Debt - Cash

Sales = Total Revenue (TTM)

EV/Sales is commonly used because:

  • It works for unprofitable companies where P/E doesn't apply
  • Revenue is harder to manipulate than earnings
  • It supports comparisons across companies at different profitability stages
  • It is frequently used for software and other revenue-growth-focused companies

Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.

Black Hills Corporation EV/Sales Ratio Formula & Definition

EV/Sales = Enterprise Value / Revenue (TTM)

Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Black Hills Corporation EV/Sales Ratio FAQ

What is the EV/Sales ratio for Black Hills Corporation (BKH)?
The EV/Sales ratio for BKH stock is 4.43x.
Is Black Hills Corporation's EV/Sales ratio high or low?
Black Hills Corporation's EV/Sales ratio of 4.43x is 12% above its 5-year average of 3.96x, near the high end of its 5-year range (2.91x–4.96x).
What is the TTM average EV/Sales ratio for Black Hills Corporation (BKH)?
The TTM average EV/Sales ratio for BKH stock is 4.14x.
What is the 3Y average EV/Sales ratio for Black Hills Corporation (BKH)?
The 3Y average EV/Sales ratio for BKH stock is 3.77x.
What is the 5Y average EV/Sales ratio for Black Hills Corporation (BKH)?
The 5Y average EV/Sales ratio for BKH stock is 3.96x.
What is the 10Y average EV/Sales ratio for Black Hills Corporation (BKH)?
The 10Y average EV/Sales ratio for BKH stock is 4.13x.
What is the 15Y average EV/Sales ratio for Black Hills Corporation (BKH)?
The 15Y average EV/Sales ratio for BKH stock is 3.66x.
What is the 20Y average EV/Sales ratio for Black Hills Corporation (BKH)?
The 20Y average EV/Sales ratio for BKH stock is 3.33x.

Black Hills Corporation EV/Sales Ratio History

DATEEV/SALES RATIO
2026-06-184.43x
2026-06-174.41x
2026-06-164.45x
2026-06-154.46x
2026-06-124.45x
2026-06-114.40x
2026-06-104.40x
2026-06-094.27x
2026-06-084.41x
2026-06-054.43x
2026-06-044.40x
2026-06-034.39x
2026-06-024.41x
2026-06-014.35x
2026-05-294.43x
2026-05-284.44x
2026-05-274.49x
2026-05-264.50x
2026-05-224.48x
2026-05-214.48x
2026-05-204.47x
2026-05-194.45x
2026-05-184.47x
2026-05-154.43x
2026-05-144.49x
2026-05-134.47x
2026-05-124.48x
2026-05-114.45x
2026-05-084.51x
2026-05-074.51x
2026-05-064.37x
2026-05-054.37x
2026-05-044.40x
2026-05-014.42x
2026-04-304.41x
2026-04-294.38x
2026-04-284.41x
2026-04-274.41x
2026-04-244.38x
2026-04-234.39x
2026-04-224.32x
2026-04-214.36x
2026-04-204.42x
2026-04-174.44x
2026-04-164.46x
2026-04-154.46x
2026-04-144.46x
2026-04-134.31x
2026-04-104.37x
2026-04-094.37x
2026-04-084.37x
2026-04-074.34x
2026-04-064.28x
2026-04-024.27x
2026-04-014.24x
2026-03-314.22x
2026-03-304.21x
2026-03-274.20x
2026-03-264.19x
2026-03-254.20x
2026-03-244.19x
2026-03-234.18x
2026-03-204.17x
2026-03-194.27x
2026-03-184.28x
2026-03-174.29x
2026-03-164.30x
2026-03-134.32x
2026-03-124.26x
2026-03-114.25x
2026-03-104.28x
2026-03-094.32x
2026-03-064.36x
2026-03-054.38x
2026-03-044.43x
2026-03-034.38x
2026-03-024.35x
2026-02-274.36x
2026-02-264.37x
2026-02-254.35x
2026-02-244.36x
2026-02-234.35x
2026-02-204.35x
2026-02-194.34x
2026-02-184.34x
2026-02-174.36x
2026-02-134.37x
2026-02-124.35x
2026-02-114.33x
2026-02-104.24x
2026-02-094.21x
2026-02-064.24x
2026-02-054.30x
2026-02-044.28x
2026-02-034.29x
2026-02-024.24x
2026-01-304.26x
2026-01-294.25x
2026-01-284.23x
2026-01-274.28x
2026-01-264.25x
2026-01-234.22x
2026-01-224.24x
2026-01-214.27x
2026-01-204.24x
2026-01-164.27x
2026-01-154.26x
2026-01-144.23x
2026-01-134.18x
2026-01-124.18x
2026-01-094.18x
2026-01-084.20x
2026-01-074.22x
2026-01-064.14x
2026-01-054.14x
2026-01-024.15x
2025-12-314.14x
2025-12-304.15x
2025-12-294.15x
2025-12-264.14x
2025-12-244.14x
2025-12-234.13x
2025-12-224.12x
2025-12-194.08x
2025-12-184.13x
2025-12-174.18x
2025-12-164.18x
2025-12-154.23x
2025-12-124.25x
2025-12-114.23x
2025-12-104.20x
2025-12-094.18x
2025-12-084.17x
2025-12-054.16x
2025-12-044.16x
2025-12-034.20x
2025-12-024.22x
2025-12-014.24x
2025-11-284.28x
2025-11-264.26x
2025-11-254.23x
2025-11-244.20x
2025-11-214.16x
2025-11-204.16x
2025-11-194.15x
2025-11-184.17x
2025-11-174.15x
2025-11-144.16x
2025-11-134.17x
2025-11-124.23x
2025-11-114.23x
2025-11-104.20x
2025-11-074.15x
2025-11-064.09x
2025-11-054.04x
2025-11-044.03x
2025-11-034.01x
2025-10-313.99x
2025-10-304.00x
2025-10-294.01x
2025-10-284.06x
2025-10-274.08x
2025-10-244.08x
2025-10-234.06x
2025-10-224.05x
2025-10-214.03x
2025-10-204.04x
2025-10-173.98x
2025-10-163.96x
2025-10-153.95x
2025-10-143.92x
2025-10-133.89x
2025-10-103.90x
2025-10-093.92x
2025-10-083.94x
2025-10-073.92x
2025-10-063.90x
2025-10-033.89x
2025-10-023.88x
2025-10-013.90x
2025-09-303.94x
2025-09-293.92x
2025-09-263.91x
2025-09-253.88x
2025-09-243.89x
2025-09-233.87x
2025-09-223.85x
2025-09-193.84x
2025-09-183.84x
2025-09-173.84x
2025-09-163.83x
2025-09-153.87x
2025-09-123.86x
2025-09-113.87x
2025-09-103.84x
2025-09-093.84x
2025-09-083.83x
2025-09-053.87x
2025-09-043.87x
2025-09-033.87x
2025-09-023.87x
2025-08-293.88x
2025-08-283.88x
2025-08-273.89x
2025-08-263.88x
2025-08-253.89x
2025-08-223.92x
2025-08-213.88x
2025-08-203.89x
2025-08-193.91x
2025-08-183.90x
2025-08-153.94x
2025-08-143.94x
2025-08-133.93x
2025-08-123.92x
2025-08-113.90x
2025-08-083.91x
2025-08-073.90x
2025-08-063.88x
2025-08-053.85x
2025-08-043.85x
2025-08-013.81x
2025-07-313.81x
2025-07-303.81x
2025-07-293.79x
2025-07-283.77x
2025-07-253.80x
2025-07-243.78x
2025-07-233.80x
2025-07-223.84x
2025-07-213.83x
2025-07-183.80x
2025-07-173.81x
2025-07-163.80x
2025-07-153.79x
2025-07-143.81x
2025-07-113.80x
2025-07-103.82x
2025-07-093.80x
2025-07-083.79x
2025-07-073.79x
2025-07-033.80x
2025-07-023.79x
2025-07-013.80x
2025-06-303.78x
2025-06-273.77x
2025-06-263.77x
2025-06-253.76x
2025-06-243.80x
2025-06-233.81x
2025-06-203.77x
2025-06-183.77x
2025-06-173.78x
2025-06-163.78x
2025-06-133.80x
2025-06-123.82x
2025-06-113.82x
2025-06-103.83x
2025-06-093.82x
2025-06-063.81x

Showing the most recent 260 of 5,032 data points. The chart above shows the full history.

Related Metrics

EV/EBITDAP/S RatioRevenueAll 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.

Rapid City, SD
2,841 employees
www.blackhillscorp.com
Utilities / Diversified Utilities
Sector
Utilities
Industry
Diversified Utilities
CEO
Linden R. Evans
View full financials