Black Hills Corporation Cash Flow Conversion Efficiency
Black Hills Corporation 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.
Cash Flow Conversion Efficiency of Black Hills Corporation (1994–2025)
Cash flow conversion efficiency of Black Hills Corporation from 1994 to 2025. This chart illustrates how Black Hills Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Black Hills Corporation (BKH) share price today for real-time trading data and today's change.
Black Hills Corporation Cash Flow Conversion Ratio Explained
Black Hills Corporation cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see Black Hills Corporation (BKH) market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Glacier Bancorp Inc
NYSE:GBCI
|
0.028x |
|
Yangzhou Yangjie Electronic Technology Co Ltd
SHE:300373
|
0.026x |
|
IMCD NV
AS:IMCD
|
0.105x |
|
Zhuzhou CRRC Times Electric Co Ltd
SHG:688187
|
0.066x |
|
Ultrapar Participacoes SA ADR
NYSE:UGP
|
0.141x |
|
Methanex Corporation
TO:MX
|
0.127x |
|
Nice Ltd
TA:NICE
|
0.032x |
|
AT & S Austria Technologie & Systemtechnik Aktiengesellschaft
VI:ATS
|
0.078x |
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. Review BKH free cash flow to operating cash ratio to assess how much free cash flow the company generates relative to operating cash flow.
| 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