Black Hills Corporation (BKH) Gross Margin: 35.66%
Is Black Hills Corporation’s gross margin high or low?
Black Hills Corporation's gross margin of 35.66% is in line with its 5-year average of 36.73%, around the middle of its 5-year range (30.28%–41.79%).
As of Saturday, June 20, 2026. 8.53% below its 12-month average of 38.98%.
BKH Gross Margin Chart
BKH Average Gross Margin Chart
BKH Current vs Average Gross Margin Chart
BKH Gross Margin Metrics
GROSS MARGIN
35.66%
GROSS MARGIN AVG TTM
38.98%
GROSS MARGIN AVG 3Y
35.60%
GROSS MARGIN AVG 5Y
36.73%
GROSS MARGIN AVG 10Y
37.56%
GROSS MARGIN AVG 15Y
36.35%
GROSS MARGIN AVG 20Y
40.39%
CURRENT VS TTM AVG
-8.53%
CURRENT VS 3Y AVG
+0.16%
CURRENT VS 5Y AVG
-2.92%
CURRENT VS 10Y AVG
-5.06%
CURRENT VS 15Y AVG
-1.91%
CURRENT VS 20Y AVG
-11.71%
BKH Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Black Hills Corporation (BKH) | $5.54B | 35.66% | 38.98% | 35.60% | 36.73% |
| Clearway Energy, Inc. (CWEN-A)vs › | $8.31B | 51.38% | 39.33% | 51.52% | 56.75% |
| The AES Corporation (AES)vs › | $10.43B | 19.31% | 18.46% | 19.24% | 21.53% |
| Brookfield Renewable Partners L.P. (BEP)vs › | $10.69B | 34.36% | 36.47% | 51.03% | 56.24% |
| Alliant Energy Corporation (LNT)vs › | $18.85B | 37.97% | 42.41% | 42.13% | 42.29% |
| Talen Energy Corporation (TLN)vs › | $19.81B | 59.17% | 40.87% | 39.23% | 34.13% |
| NiSource Inc. (NI)vs › | $22.66B | 55.92% | 55.02% | 48.38% | 46.30% |
| CMS Energy Corporation (CMS)vs › | $22.67B | 64.61% | 51.80% | 43.52% | 41.87% |
| American Water Works Company, Inc. (AWK)vs › | $24.42B | 43.55% | 51.83% | 55.28% | 55.50% |
| Eversource Energy (ES)vs › | $26.17B | 39.87% | 30.63% | 36.49% | 40.66% |
Gross Margin Analysis
Gross Margin
35.7%
(Revenue - COGS) / Revenue
Black Hills Corporation Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Black Hills Corporation Gross Margin FAQ
- What is the gross margin for Black Hills Corporation (BKH)?
- The gross margin for BKH stock is 35.66%.
- Is Black Hills Corporation's gross margin high or low?
- Black Hills Corporation's gross margin of 35.66% is in line with its 5-year average of 36.73%, around the middle of its 5-year range (30.28%–41.79%).
- What is the TTM average gross margin for Black Hills Corporation (BKH)?
- The TTM average gross margin for BKH stock is 38.98%.
- What is the 3Y average gross margin for Black Hills Corporation (BKH)?
- The 3Y average gross margin for BKH stock is 35.60%.
- What is the 5Y average gross margin for Black Hills Corporation (BKH)?
- The 5Y average gross margin for BKH stock is 36.73%.
- What is the 10Y average gross margin for Black Hills Corporation (BKH)?
- The 10Y average gross margin for BKH stock is 37.56%.
- What is the 15Y average gross margin for Black Hills Corporation (BKH)?
- The 15Y average gross margin for BKH stock is 36.35%.
- What is the 20Y average gross margin for Black Hills Corporation (BKH)?
- The 20Y average gross margin for BKH stock is 40.39%.
Black Hills Corporation Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2025-12-31 | 38.47% |
| 2024-12-31 | 39.50% |
| 2023-12-31 | 34.16% |
| 2022-12-31 | 30.28% |
| 2021-12-31 | 36.20% |
| 2020-12-31 | 41.79% |
| 2019-12-31 | 38.51% |
| 2018-12-31 | 36.88% |
| 2017-12-31 | 39.42% |
| 2016-12-31 | 39.84% |
| 2015-12-31 | 38.10% |
| 2014-12-31 | 32.48% |
| 2013-12-31 | 34.33% |
| 2012-12-31 | 37.36% |
| 2011-12-31 | 28.00% |
| 2010-12-31 | 53.52% |
| 2009-12-31 | 48.59% |
| 2008-12-31 | 55.28% |
| 2007-12-31 | 71.99% |
| 2006-12-31 | 64.68% |
| 2005-12-31 | 69.07% |
| 2004-12-31 | 81.39% |
| 2003-12-31 | 42.53% |
| 2002-12-31 | 36.05% |
| 2001-12-31 | 48.10% |
| 2000-12-31 | 15.52% |
| 1999-12-31 | 19.52% |
| 1998-12-31 | 21.76% |
| 1997-12-31 | 43.54% |
| 1996-12-31 | 78.97% |
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