Black Hills Corporation (BKH) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Black Hills Corporation (BKH) has a cash flow conversion efficiency ratio of 0.044x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($176.20 Million) by net assets ($4.03 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See BKH equity financing ratio to measure how much of total assets are equity-financed.
Black Hills Corporation - Cash Flow Conversion Efficiency Trend (1994–2025)
This chart illustrates how Black Hills Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check BKH operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
Black Hills Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Black Hills Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Gerdau SA ADR
NYSE:GGB
|
0.028x |
|
Qingdao TGOOD Electric Co Ltd
SHE:300001
|
0.107x |
|
Duolingo Inc
NASDAQ:DUOL
|
0.108x |
|
Janus Living, Inc.
NYSE:JAN
|
0.011x |
|
Bachem Holding AG
SW:BANB
|
0.127x |
|
SmartSens Technology (Shanghai) Co. Ltd. A
SHG:688213
|
N/A |
|
Vishal Mega Mart Ord Shs
NSE:VMM
|
0.107x |
|
Amentum Holdings Inc.
NYSE:AMTM
|
-0.029x |
Annual Cash Flow Conversion Efficiency for Black Hills Corporation (1994–2025)
The table below shows the annual cash flow conversion efficiency of Black Hills Corporation from 1994 to 2025. For the full company profile with market capitalisation and key ratios, see market value of Black Hills Corporation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $3.91 Billion | $673.40 Million | 0.172x | -14.06% |
| 2024-12-31 | $3.59 Billion | $719.30 Million | 0.201x | -29.77% |
| 2023-12-31 | $3.31 Billion | $944.40 Million | 0.286x | +50.94% |
| 2022-12-31 | $3.09 Billion | $584.80 Million | 0.189x | +946.31% |
| 2021-12-31 | $2.89 Billion | $-64.56 Million | -0.022x | -110.99% |
| 2020-12-31 | $2.66 Billion | $541.86 Million | 0.204x | -0.80% |
| 2019-12-31 | $2.46 Billion | $505.51 Million | 0.205x | -4.00% |
| 2018-12-31 | $2.29 Billion | $488.81 Million | 0.214x | -9.17% |
| 2017-12-31 | $1.82 Billion | $428.26 Million | 0.235x | +27.03% |
| 2016-12-31 | $1.73 Billion | $320.46 Million | 0.185x | -36.56% |
| 2015-12-31 | $1.47 Billion | $428.00 Million | 0.292x | +24.21% |
| 2014-12-31 | $1.38 Billion | $323.46 Million | 0.235x | -5.30% |
| 2013-12-31 | $1.31 Billion | $324.63 Million | 0.248x | -3.48% |
| 2012-12-31 | $1.23 Billion | $316.97 Million | 0.257x | +39.03% |
| 2011-12-31 | $1.21 Billion | $223.70 Million | 0.185x | +37.75% |
| 2010-12-31 | $1.10 Billion | $147.75 Million | 0.134x | -46.14% |
| 2009-12-31 | $1.08 Billion | $270.50 Million | 0.249x | +79.86% |
| 2008-12-31 | $1.05 Billion | $145.64 Million | 0.139x | -46.38% |
| 2007-12-31 | $975.02 Million | $252.08 Million | 0.259x | -20.83% |
| 2006-12-31 | $795.20 Million | $259.69 Million | 0.327x | +38.93% |
| 2005-12-31 | $743.80 Million | $174.85 Million | 0.235x | +27.37% |
| 2004-12-31 | $740.60 Million | $136.68 Million | 0.185x | -22.70% |
| 2003-12-31 | $714.44 Million | $170.57 Million | 0.239x | -40.89% |
| 2002-12-31 | $541.62 Million | $218.77 Million | 0.404x | +21.75% |
| 2001-12-31 | $534.70 Million | $177.40 Million | 0.332x | +42.70% |
| 2000-12-31 | $320.31 Million | $74.47 Million | 0.232x | -33.48% |
| 1999-12-31 | $216.60 Million | $75.70 Million | 0.349x | +32.07% |
| 1998-12-31 | $206.70 Million | $54.70 Million | 0.265x | -2.94% |
| 1997-12-31 | $205.40 Million | $56.00 Million | 0.273x | -4.92% |
| 1996-12-31 | $193.20 Million | $55.40 Million | 0.287x | +15.40% |
| 1995-12-31 | $182.30 Million | $45.30 Million | 0.248x | -10.87% |
| 1994-12-31 | $175.40 Million | $48.90 Million | 0.279x | -- |
About Black Hills Corporation
Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. The company operates through the Electric Utilities and Gas Utilities segments. The Electric Utilities segment engages in the generation, transmission, and distribution of electricity to electric utility customers in Colorado, Montana, South Dakota, and Wyoming; ownersh… Read more