7Baggers

Black Hills Quarterly Income Statements Chart

Quarterly
 | 
Annual
 
 Revenue  
 Operating Profit  
 Net Income  
20200930 20201231 20210331 20210630 20210930 20211231 20220331 20220630 20220930 20221231 20230331 20230630 20230930 20231231 20240331 20240630 20240930 20241231 20250331 20250630 0131.59263.19394.78526.38657.97789.56921.16Milllion

Black Hills Quarterly Income Statements Table

Quarterly
 | 
Annual
 
Unit: USD2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-09-30 2013-03-31 2012-09-30 2012-06-30 2012-03-31 2011-12-31 2011-09-30 2011-03-31 2010-03-31 2009-09-30 2009-06-30 2008-12-31 2008-09-30 2008-03-31 2007-12-31 
                                                                
  revenue439,000,000 805,200,000 597,100,000 401,600,000 402,600,000 726,400,000 591,732,000 407,126,000 411,283,000 921,159,000 791,439,000 462,612,000 474,195,000 823,570,000 562,508,000 380,590,000 372,572,000 633,432,000 486,387,000 346,590,000 326,914,000 537,050,000 477,654,000 325,548,000 333,888,000 597,810,000 501,196,000 321,979,000 355,704,000 575,389,000 436,147,000 342,138,000 347,978,000 554,003,000 463,788,000 333,786,000 325,441,000 449,959,000 246,586,500 272,105,000 272,254,000 441,987,000 253,873,250 272,087,000 283,237,000 460,169,000                 
  yoy9.04% 10.85% 0.91% -1.36% -2.11% -21.14% -25.23% -11.99% -13.27% 11.85% 40.70% 21.55% 27.28% 30.02% 15.65% 9.81% 13.97% 17.95% 1.83% 6.46% -2.09% -10.16% -4.70% 1.11% -6.13% 3.90% 14.91% -5.89% 2.22% 3.86% -5.96% 2.50% 6.93% 23.12% 88.08% 22.67% 19.54% 1.80% -2.87% 0.01% -3.88% -3.95%                     
  qoq-45.48% 34.85% 48.68% -0.25% -44.58% 22.76% 45.34% -1.01% -55.35% 16.39% 71.08% -2.44% -42.42% 46.41% 47.80% 2.15% -41.18% 30.23% 40.33% 6.02% -39.13% 12.43% 46.72% -2.50% -44.15% 19.28% 55.66% -9.48% -38.18% 31.93% 27.48% -1.68% -37.19% 19.45% 38.95% 2.56% -27.67% 82.48% -9.38% -0.05% -38.40% 74.10% -6.69% -3.94% -38.45%                  
  operating expenses:                                                              
  fuel, purchased power and cost of natural gas sold124,000,000 359,700,000   107,100,000 316,600,000 233,147,000 102,241,000 121,245,000 526,267,000 436,918,000 168,535,000 188,171,000 436,926,000 246,256,000 94,057,000 108,474,000 293,147,000 161,210,000 71,686,000 71,629,000 187,879,000 159,134,000 73,090,000 89,826,000 248,779,000 193,066,000 80,244,000 104,661,000 247,639,000 159,066,000 86,281,000 98,164,000 219,777,000 162,593,000 80,194,000 84,489,000 171,856,000 106,109,000 71,627,000 73,824,000 205,327,000 165,309,000 84,674,000 101,331,000 230,468,000                 
  operations and maintenance147,600,000 153,700,000 136,200,000 145,600,000 141,700,000 133,600,000 139,478,000 125,767,000 145,767,000 140,988,000 144,881,000 134,449,000 132,968,000 136,132,000 126,489,000 122,277,000 123,245,000 129,679,000 129,871,000 122,759,000 117,308,000 125,466,000 129,087,000 117,037,000 124,931,000 123,913,000 131,607,000 115,477,000 118,282,000 116,096,000 100,453,000 114,648,000 117,374,000 122,130,000 121,693,000 115,103,000 112,541,000 107,062,000 66,777,000 67,282,000 67,264,000 71,084,000 69,408,000 64,245,000 66,074,000 71,227,000 166,382,000 30,459,000 33,226,000 59,398,000 59,563,000 64,760,000 156,370,000 28,317,000 34,560,000 42,622,000 35,431,000 40,461,000 40,502,000 34,477,000 26,203,000  
  depreciation and amortization69,800,000 69,200,000 68,300,000 69,300,000 66,600,000 65,900,000                                         4,920,000 6,594,000 6,503,000    4,508,000 6,064,000 6,021,000        
  taxes other than income taxes15,100,000 17,600,000                                                             
  total operating expenses356,500,000 600,200,000 433,800,000 325,800,000 332,000,000 533,100,000 455,202,000 309,355,000 347,767,000 746,276,000 661,416,000 383,133,000 401,806,000 650,217,000 448,533,000 290,717,000 305,306,000 495,117,000 360,436,000 264,356,000 259,981,000 383,865,000 356,295,000 254,997,000 279,887,000 437,679,000 387,069,000 256,894,000 286,153,000 427,115,000 314,307,000 263,619,000 279,112,000 406,492,000 408,499,000 275,377,000 290,143,000 376,369,000 318,062,000 274,149,000 311,112,000 350,035,000 308,126,000 217,683,000 236,660,000 370,571,000 905,083,000 37,053,000 39,729,000 168,998,000 221,772,000 295,803,000 976,791,000 34,381,000 40,581,000 372,630,000       
  operating income82,500,000 205,000,000 163,300,000 75,800,000 70,600,000 193,300,000 136,530,000 97,771,000 63,516,000 174,883,000 130,023,000 79,479,000 72,389,000 173,353,000 113,975,000 89,873,000 67,266,000 138,315,000 125,951,000 82,234,000 66,933,000 153,185,000 121,359,000 70,551,000 54,001,000 160,131,000 114,127,000 65,085,000 69,551,000 148,274,000 121,840,000 78,519,000 68,866,000 147,511,000 55,289,000 58,409,000 35,298,000 73,590,000 197,000 -2,044,000 -38,858,000 91,952,000 69,951,000 54,404,000 46,577,000 89,598,000 205,719,000 3,106,000 35,986,000 77,810,000 20,591,000 70,048,000 131,970,000 5,097,000 36,556,000 69,702,000 16,909,000 25,814,000 -37,871,000 42,688,000 36,564,000  
  yoy16.86% 6.05% 19.61% -22.47% 11.15% 10.53% 5.00% 23.01% -12.26% 0.88% 14.08% -11.57% 7.62% 25.33% -9.51% 9.29% 0.50% -9.71% 3.78% 16.56% 23.95% -4.34% 6.34% 8.40% -22.36% 8.00% -6.33% -17.11% 0.99% 0.52% 120.37% 34.43% 95.10% 100.45% 27965.48% -2957.58% -190.84% -19.97% -99.72% -103.76% -183.43% 2.63% -66.00% 1651.58% 29.43% 15.15% 899.07% -95.57% -72.73% 1426.58% -43.67% 0.50% 680.47% -80.25% -196.53% 63.28% -53.76%      
  qoq-59.76% 25.54% 115.44% 7.37% -63.48% 41.58% 39.64% 53.93% -63.68% 34.50% 63.59% 9.79% -58.24% 52.10% 26.82% 33.61% -51.37% 9.82% 53.16% 22.86% -56.31% 26.22% 72.02% 30.65% -66.28% 40.31% 75.35% -6.42% -53.09% 21.70% 55.17% 14.02% -53.31% 166.80% -5.34% 65.47% -52.03% 37255.33% -109.64% -94.74% -142.26% 31.45% 28.58% 16.80% -48.02% -56.45% 6523.28% -91.37% -53.75% 277.88% -70.60% -46.92% 2489.17% -86.06% -47.55% 312.22% -34.50% -168.16% -188.72% 16.75%   
  operating margin %18.79% 25.46% 27.35% 18.87% 17.54% 26.61% 23.07% 24.01% 15.44% 18.99% 16.43% 17.18% 15.27% 21.05% 20.26% 23.61% 18.05% 21.84% 25.90% 23.73% 20.47% 28.52% 25.41% 21.67% 16.17% 26.79% 22.77% 20.21% 19.55% 25.77% 27.94% 22.95% 19.79% 26.63% 11.92% 17.50% 10.85% 16.35% 0.08% -0.75% -14.27% 20.80% 27.55% 20.00% 16.44% 19.47%                 
  other income:                                                              
  interest expense incurred net of amounts capitalized-49,800,000 -51,700,000   -48,200,000 -46,000,000 -48,191,000 -44,477,000 -43,267,000 -44,065,000 -44,130,000 -40,580,000 -39,053,000 -38,821,000 -39,014,000 -38,604,000 -38,669,000 -37,825,000 -36,864,000 -36,521,000 -35,765,000 -35,781,000 -37,615,000 -36,200,000 -36,058,000 -35,974,000                                     
  interest income900,000 400,000 600,000 5,400,000 5,600,000 2,000,000 6,314,000 3,479,000 1,746,000 561,000 469,000 561,000 289,000 276,000 430,000 586,000 467,000 225,000 433,000 480,000 220,000 328,000 424,000 513,000 396,000 299,000 629,000 382,000 320,000 310,000 316,000 402,000 257,000 41,000 -1,084,000 912,000 946,000 655,000 458,000 414,000 301,000 448,000 384,000 575,000 576,000 390,000    364,000 627,000 437,000    246,000 327,000 329,000 749,000 628,000 433,000  
  other income-400,000 800,000 300,000 -1,300,000 400,000 -800,000 -1,687,000 -647,000 -1,540,000 674,000 -1,023,000 464,000 1,563,000 704,000 -231,000 1,560,000 -191,000 266,000 -1,590,000 -1,193,000 -1,863,000 2,353,000 -5,781,000 269,000 137,000 -837,000 627,000 -703,000 -1,551,000 -172,000 -1,588,000 189,000 -58,000 -102,000 -1,410,000 160,000 -47,000 688,000 -1,940,000 842,000 395,000 331,000 -1,639,000 261,000 409,000 592,000 -727,000 26,000 12,000 -287,000 888,000 1,472,000 -993,000 27,000 25,000 418,000 2,142,000 893,000 -760,000 171,000 344,000  
  total other-49,300,000 -50,500,000                                                             
  income before income taxes33,200,000 154,500,000 113,800,000 29,300,000 28,400,000 148,500,000 92,966,000 56,126,000 20,455,000 132,053,000 85,339,000 39,924,000 35,188,000 135,512,000 75,160,000 53,415,000 28,873,000 100,981,000 87,930,000 45,000,000 29,525,000 113,226,000 80,374,000 17,903,000 20,000,000 124,625,000 79,721,000 29,278,000 33,708,000 113,175,000 87,125,000 45,403,000 35,713,000 113,501,000                             
  income tax-4,400,000 -18,100,000 -12,700,000 -2,900,000  -16,900,000 -9,650,000 -7,366,000  -14,673,000 -3,980,000 -2,090,000   -836,000 -5,253,000 -586,000 -494,000 -6,371,000 -4,651,000 -4,831,000 -16,002,000                                         
  net income28,800,000 136,400,000 101,100,000 26,400,000 24,700,000 131,600,000 83,316,000 48,760,000 26,544,000 117,380,000 76,054,000 37,834,000 35,846,000 121,024,000 74,324,000 48,162,000 28,287,000 100,487,000 80,496,000 40,349,000 24,694,000 97,224,000 72,872,000 15,395,000 17,693,000 107,362,000 90,344,000 20,944,000 24,740,000 136,634,000 54,221,000 31,598,000 25,311,000 80,146,000 21,414,000 17,884,000 3,283,000 40,050,000               6,068,750 572,000 19,263,000 31,434,000 -2,180,000 24,581,000 50,974,500 164,911,000 16,791,000  
  yoy16.60% 3.65% 21.35% -45.86% -6.95% 12.11% 9.55% 28.88% -25.95% -3.01% 2.33% -21.44% 26.72% 20.44% -7.67% 19.36% 14.55% 3.36% 10.46% 162.09% 39.57% -9.44% -19.34% -26.49% -28.48% -21.42% 66.62% -33.72% -2.26% 70.48% 153.20% 76.68% 670.97% 100.11%                   -378.38% -97.67% -62.21% -80.94% -112.98%      
  qoq-78.89% 34.92% 282.95% 6.88% -81.23% 57.95% 70.87% 83.69% -77.39% 54.34% 101.02% 5.55% -70.38% 62.83% 54.32% 70.26% -71.85% 24.83% 99.50% 63.40% -74.60% 33.42% 373.35% -12.99% -83.52% 18.84% 331.36% -15.34% -81.89% 151.99% 71.60% 24.84% -68.42% 274.27% 19.74% 444.75% -91.80%                960.97% -97.03% -38.72% -1541.93% -108.87% -51.78% -69.09% 882.14%   
  net income margin %6.56% 16.94% 16.93% 6.57% 6.14% 18.12% 14.08% 11.98% 6.45% 12.74% 9.61% 8.18% 7.56% 14.70% 13.21% 12.65% 7.59% 15.86% 16.55% 11.64% 7.55% 18.10% 15.26% 4.73% 5.30% 17.96% 18.03% 6.50% 6.96% 23.75% 12.43% 9.24% 7.27% 14.47% 4.62% 5.36% 1.01% 8.90% 0% 0% 0% 0% 0% 0% 0% 0%                 
  net income attributable to non-controlling interest-1,300,000 -2,100,000 -3,000,000 -2,000,000 -1,900,000 -3,700,000 -3,636,000 -3,377,000 -3,491,000 -3,296,000 -3,581,000 -2,861,000 -2,431,000 -3,498,000 -3,169,000 -4,050,000                      -48,000                         
  net income available for common stock27,500,000 134,300,000 98,100,000 24,400,000 22,800,000 127,900,000 79,680,000 45,383,000 23,053,000 114,084,000 72,473,000 34,973,000 33,415,000 117,526,000 71,155,000 44,112,000 25,161,000 96,316,000 77,185,000 36,283,000 20,966,000 93,174,000 69,179,000 11,740,000 14,583,000 103,808,000 86,571,000 16,950,000 21,917,000 133,004,000 50,653,000 27,663,000 22,195,000 76,523,000 18,168,000 14,131,000 669,000 40,002,000 -14,176,000 -9,943,000 -41,842,000 47,894,000 34,007,000 26,836,000 19,820,000 48,118,000    34,457,000 -13,483,000 29,787,000      24,581,000     
  earnings per share of common stock:                                                              
  earnings per share, basic0.38 1.87 1.38 0.35 0.33 1.88 1.17 0.67 0.35 1.73 1.11 0.54 0.52 1.82 1.11 0.7 0.4 1.54 0.603 0.58 0.34 1.51     0.805 0.32 0.41 2.49 0.595 0.52 0.42 1.44 0.35 0.27 0.01 0.78 -0.1 -0.22 -0.94 1.08                     
  earnings per share, diluted0.38 1.87 1.39 0.35 0.33 1.87 1.17 0.67 0.35 1.73 1.11 0.54 0.52 1.82 1.11 0.7 0.4 1.54 0.603 0.58 0.33 1.51     0.788 0.31 0.4 2.46 0.573 0.5 0.4 1.39 0.33 0.26 0.01 0.77 -0.1 -0.22 -0.94 1.07                     
  weighted-average common shares outstanding:                                                              
  basic72.4 71.6 69.8 70.5 69 68.2 67 67,315 66,591  64,858 64,876 64,721 64,565 63,219 63,341 62,867 62,633 62,378 62,575 62,573 61,778 60,662 60,976 60,467 59,920 54,420 53,364 53,355 53,319 53,221 53,243 53,229 53,152 51,922 52,184 51,514 51,044 45,288 44,635 44,617 44,541 44,394 44,415 44,399 44,330 44,163   43,847 43,799 43,731 39,864   38,848,000   38,193    
  diluted72.4 71.8 69.9 70.6 69 68.3 67.1 67,389 66,684  65,021 65,061 64,883 64,721 63,325 63,436 62,918 62,691 62,439 62,630 62,617 61,856 60,798 61,104 60,606 60,060 55,486 54,819 54,520 54,122 55,120 55,432 55,384 54,932 53,271 53,733 52,986 51,858 45,288 44,635 44,617 44,660 44,598 44,608 44,588 44,554 44,419   44,108 43,799 43,969 40,081   39,009,000   38,193    
  fuel, purchased power, and cost of natural gas sold  129,550,000 94,500,000                                                           
  taxes - property and production  12,500,000 16,400,000 16,600,000 17,000,000 17,012,000 16,469,000 16,041,000 17,378,000 17,318,000 16,130,000 16,539,000 16,696,000 14,706,000 15,224,000 15,144,000 15,022,000 14,311,000 13,563,000 14,381,000 14,118,000 13,461,000 12,986,000 13,142,000 13,519,000                                     
  interest expense incurred, net of amounts capitalized  -36,200,000 -50,600,000                                                           
  total other income  -49,500,000 -46,500,000 -42,200,000 -44,800,000 -43,564,000 -41,645,000 -43,061,000 -42,830,000 -44,684,000 -39,555,000 -37,201,000 -37,841,000 -38,815,000 -36,458,000 -38,393,000 -37,334,000 -38,021,000 -37,234,000 -37,408,000 -39,959,000 -40,985,000 -52,648,000 -34,001,000 -35,506,000 -34,406,000 -35,807,000 -35,843,000 -35,099,000 -34,715,000 -33,116,000 -33,153,000 -34,010,000 -34,605,000 -33,881,000 -31,706,000 -29,288,000 -22,658,000 -19,934,000 -18,084,000 -18,641,000 -17,898,000 -16,236,000 -16,106,000 -16,113,000    -25,295,000 -40,510,000 -15,004,000           
  income tax benefit    -3,700,000    6,089,000    658,000          -7,502,000 -2,508,000 -2,307,000 -17,263,000 11,883,000 -7,477,000 -6,541,000 25,802,000 -15,805,000 -13,805,000 -10,402,000 -33,355,000 730,000 -6,644,000 -309,000 -4,252,000 7,520,000 12,035,000 20,317,000 -25,120,000 -18,046,000 -11,332,000 -10,651,000 -25,366,000 -50,167,000 1,434,000 -11,238,000 -17,914,000 7,574,000 -19,717,000 -7,694,000 1,777,000 -10,346,000  3,437,000      
  depreciation, depletion and amortization      47,808,750 64,878,000 64,714,000 61,643,000 62,299,000 64,019,000 64,128,000 60,463,000 61,082,000 59,159,000 58,443,000 57,269,000 55,044,000 56,348,000 56,663,000 56,402,000 54,613,000 51,884,000 51,595,000 51,028,000 49,983,000 49,046,000 48,709,000 48,590,000 41,502,000 49,434,000 48,663,000 48,647,000 48,406,000 48,925,000 47,305,000 44,407,000 38,549,000 37,768,000 40,051,000 39,586,000 37,825,000 37,463,000 36,712,000 36,083,000    41,408,000 41,431,000 38,559,000    28,395,000 29,824,000 29,386,000 36,264,000 30,825,000 25,644,000  
  weighed average common shares outstanding:                                                              
  basic         66,036                                                     
  diluted         66,132                                                     
  income tax expense             -14,488,000                                          -16,476,000  -13,713,000 -5,497,250 -10,312,000 -8,872,000  
  impairment of investment                     -6,859,000  -19,741,000                                       
  net income attributable to noncontrolling interest                -3,126,000 -4,171,000 -3,311,000 -4,066,000 -3,728,000 -4,050,000 -3,693,000 -3,655,000 -3,110,000 -3,554,000 -3,773,000 -3,994,000 -2,823,000 -3,630,000 -3,568,000 -3,935,000 -3,116,000 -3,623,000 -3,246,000 -3,753,000 -2,614,000                          
  interest charges -                                                              
  allowance for funds used during construction - borrowed                      2,001,000 2,200,000 1,397,000 958,000 759,000 701,000 511,000 133,000 354,000 753,000 822,000 486,000 866,000 860,000 754,000 501,000 407,000 478,000 207,000 158,000 230,000 319,000 256,000 270,000    1,127,000 963,000 518,000           
  allowance for funds used during construction - equity                      -14,000 311,000 127,000 48,000 116,000 193,000 242,000 68,000 339,000 696,000 794,000 492,000 370,000 1,211,000 982,000 707,000 334,000 430,000 77,000 56,000 166,000 297,000 293,000 238,000    196,000 195,000 277,000    2,028,000       
  income from continuing operations                      72,872,000 15,395,000 17,693,000 107,362,000 91,604,000 21,801,000 27,167,000 138,977,000                 95,621,000 -1,450,000 18,483,000 34,623,000 -12,323,000 35,271,000    31,434,000 -3,853,000 24,581,000 -96,579,000 19,522,000 16,572,000  
  net (loss) from discontinued operations                          -1,260,000 -857,000 -2,427,000 -2,343,000                                 
  amounts attributable to common shareholders:                                                              
  net income from continuing operations                      69,179,000 11,740,000 14,583,000 103,808,000 87,831,000 17,807,000 24,344,000 135,347,000                                 
  earnings per share of common stock, basic -                                                              
  earnings from continuing operations                      1.14 0.19 0.24 1.73                                     
  (loss) from discontinued operations                                                              
  total earnings per share of common stock, basic                      1.14 0.19 0.24 1.73                                     
  earnings per share of common stock, diluted -                                                              
  total earnings per share of common stock, diluted                      1.13 0.19 0.24 1.73                                     
  other operating expenses                        393,000 440,000 -152,000 222,000 525,000 1,490,000 2,512,000 164,000 1,168,000 1,969,000 9,605,000 6,748,000 7,551,000 26,431,000 4,091,000 2,374,000 966,000 52,000 177,000 49,000 149,000 125,000    216,000 267,000 1,196,000           
  taxes - property, production and severance                          9,795,250 11,905,000 13,976,000 13,300,000 10,201,000 13,092,000 13,743,000 13,969,000 11,531,000 12,114,000 12,760,000 12,117,000 10,365,000 10,675,000 11,377,000 11,936,000 11,118,000 11,082,000 11,044,000 10,336,000    10,213,000 9,478,000 11,510,000           
  interest expense incurred                          -26,840,000 -36,480,000 -35,425,000 -35,455,000 -35,257,000 -35,305,000 -35,098,000 -35,096,000 -35,601,000 -37,306,000 -34,609,000 -32,074,000 -24,445,000 -22,378,000 -19,545,000 -19,910,000 -19,352,000 -17,919,000 -17,886,000 -17,860,000    -27,475,000 -27,762,000 -29,914,000           
  capitalized interest                          44,250 100,000 60,000 17,000 -225,000 149,000 130,000 169,000 412,000 282,000 268,000 235,000 272,000 280,000 481,000 276,000 248,000 231,000 246,000 257,000    175,000 131,000 161,000           
  (loss) from discontinued operations, net of tax                          -1,406,750 -857,000 -2,427,000 -2,343,000                                 
  earnings per share, basic -                                                              
  income from continuing operations, per share                          0.833 0.33 0.46 2.54                    0.79 -0.28 0.81           
  (loss) from discontinued operations, per share                          -0.025 -0.02 -0.05 -0.05                                 
  earnings per share, diluted -                                                              
  dividends declared per share of common stock                          0.356 0.475 0.475 0.475 0.334 0.445 0.445 0.445 0.315 0.42 0.42 0.42 0.304 0.405 0.405 0.405 0.293 0.39            0.36 0.355      
  impairment of long-lived assets                                  54,671,000 12,293,000 25,497,000 14,496,000 71,213,000 61,875,000 94,484,000          26,868,000            
  income before earnings of unconsolidated subsidiaries and income taxes                                  20,684,000 24,528,000 3,592,000 44,302,000 -6,765,250 -21,978,000 -56,942,000 73,311,000 35,531,000 38,168,000 30,471,000 73,485,000                 
  equity in earnings of unconsolidated subsidiaries                                        -47,000 -297,000    -1,000    22,000 22,000 -56,000    317,000       
  impairment of equity investments                                      765,000  -5,170,000                      
  utilities -                                                              
  non-regulated energy operations and maintenance                                      20,958,000 22,548,000 23,146,000 22,050,000 24,289,000 20,170,000 21,350,000 22,332,000    22,466,000 20,713,000 22,595,000           
  other comprehensive income, net of tax:                                                              
  fair value adjustments on derivatives designated as cash flow hedges                                      661 2,773 -1,966 1,836 -267.75 3,145 -1,959 -2,257                 
  reclassification adjustments for cash flow hedges settled and included in net income                                      -862.5 -948 -1,261 -1,241 877.75 1,328 1,403 780                 
  benefit plan liability adjustments - net gain                                      -6.75   -27 -0.5   -2                 
  benefit plan liability tax adjustments - net gain                                          -98.5  -394                  
  benefit plan liability adjustments - prior service cost                                          41                    
  reclassification adjustments of benefit plan liability - prior service cost                                      -27 -36 -36 -36 -27.5 -31 -70 -9                 
  reclassification adjustments of benefit plan liability - net gain                                      343.5 459 458 458 121.25 160 168 157                 
  other comprehensive income, net of tax                                      108.25 2,248 -2,805 990 645.75 4,602 -852 -1,167     -608,000 -166,000           
  comprehensive income available for common stock                                      -4,375.5 -7,695 -44,647 48,884 24,339.25 31,438 18,968 46,951                 
  benefit plan liability adjustments - prior service cost (net of tax benefit of (90) for the three months ended 2014                                                              
  unrealized gain on interest rate swaps                                                 605,000 -15,552,000 12,045,000           
  total income per share, basic                                          0.76 0.6 0.45 1.09    0.79 -0.31 0.68           
  total income per share, diluted                                          0.76 0.6 0.44 1.08    0.78 -0.31 0.68           
  dividends paid per share of common stock                                            0.39 0.39    0.37 0.37 0.37      0.355 0.263 0.35 0.35  
  benefit plan liability adjustments - prior service                                             164                 
  natural gas — regulated                                              87,879,250 60,931,000 191,951,000    95,629,250 65,887,000 223,032,000        
  other — non-regulated services                                              5,480,750 6,861,000 7,861,000    5,080,500 6,764,000 7,234,000        
  total revenue                                              902,412,000 67,792,000 199,812,000 246,808,000 242,363,000 365,851,000 869,349,000 72,651,000         
  total cost of sales                                              52,097,500 27,633,000 124,097,000    59,853,000 33,173,000 153,129,000        
  gross margin                                              41,262,500 40,159,000 75,715,000    40,856,750 39,478,000 77,137,000        
  yoy                                                85.32%              
  qoq                                              2.75% -46.96%     3.49% -48.82%         
  gross margin %0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%                 
  interest expense                                              -4,550,000 -6,016,000 -6,277,000    -97,044,000 -6,329,000 -6,972,000 -21,766,000 -20,691,000 -23,338,000 -18,963,000 -16,402,000 -12,333,000  
  revenue:                                                              
  utilities                                                 214,716,000 214,946,000 336,655,000           
  non-regulated energy                                                 32,092,000 27,417,000 29,196,000           
  fuel, purchased power and cost of gas sold                                                 62,582,000 63,452,000 157,183,000           
  gain on sale of operating assets                                                 -27,285,000             
  income before equity in earnings of unconsolidated subsidiaries and income taxes                                                 52,515,000 -19,919,000 55,044,000           
  income from discontinued operations, net of tax                                                 -166,000 -1,160,000 -5,484,000           
  income per share, basic -                                                              
  income from discontinued operations, per share                                                  -0.03 -0.13           
  income per share, diluted -                                                              
  comprehensive income                                                  -14,091,000 29,621,000           
  cost of sales:                                                              
  sales revenue:                                                              
  total sales revenue                                                      230,266,000        
  operating revenues                                                       442,332,000 225,799,000 257,349,000 407,775,000 291,892,000 179,211,000  
  fuel and purchased power                                                       252,535,000 94,120,000 112,169,000 219,099,000 131,300,000 54,615,000  
  gain on sale of assets                                                       -2,683,000       
  administrative and general                                                       39,088,000 38,344,000 37,708,000 48,295,000 40,993,000 25,549,000  
  taxes, other than income taxes                                                       12,673,000 11,171,000 11,811,000 9,704,000 11,609,000 10,636,000  
  interest rate swap - unrealized gain                                                       -3,035,000       
  total other incomes                                                       -22,109,000       
  income from continuing operations before equity in earnings of unconsolidated subsidiaries and income taxes                                                       47,593,000       
  income from discontinued operations, net of taxes                                                              
  earnings per share:                                                              
  basic-                                                              
  continuing operations                                                       0.81 -0.1 0.64 -2.53 0.51 0.43  
  discontinued operations                                                        0.04  -0.06 3.79 0.01  
  total earnings per share - basic                                                       0.81       
  diluted-                                                              
  total earnings per share - diluted                                                       0.81       
  interest rate swap – unrealized gain                                                        -8,694,000 31,706,000     
  allowance for funds used during                                                              
  construction – equity                                                        2,598,000 1,314,000 571,750 1,390,000 281,000  
  before equity in earnings of                                                              
  unconsolidated subsidiaries and income                                                              
  taxes                                                        -7,409,000 36,718,000     
  equity in earnings of unconsolidated                                                              
  subsidiaries                                                        119,000 1,576,000 914,000 1,359,000 232,000  
  income from discontinued operations,                                                              
  net of taxes                                                        1,673,000  39,871,500 145,389,000 219,000  
  net income attributable to non-controlling                                                              
  interest                                                              
  net income available for                                                              
  common stock                                                        -2,180,000      
  weighted-average common shares                                                              
  outstanding:                                                              
  basic                                                        38,643,000 38,598,000 9,536,250 38,307,000 37,826,000  
  diluted                                                        38,643,000 38,658,000 9,607,500 38,425,000 38,399,000  
  basic–                                                              
  total                                                        -0.06 0.64 -2.59 4.3 0.44  
  diluted–                                                              
  net income attributable to non - controlling                                                              
  unconsolidated subsidiaries, minority                                                              
  interest and income taxes                                                          -148,673,000 28,475,000 25,289,000  
  minority interest                                                            -77,000  

We provide you with 20 years income statements for Black Hills stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Black Hills stock. Explore the full financial landscape of Black Hills stock with our expertly curated income statements.

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