Black Hills Corporation Cash Flow Reinvestment Rate
Black Hills Corporation cash flow reinvestment rate. Black Hills Corporation (BKH) has a Cash Flow Reinvestment Rate of 1.52x as of March 2026, reinvesting $267.40 Million (capex $267.40 Million ) from operating cash flow of $176.20 Million. See financial agility of Black Hills Corporation to measure the company's free cash flow as a share of total liabilities.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Cash Flow Reinvestment Rate of Black Hills Corporation (1994–2025)
Cash flow reinvestment rate of Black Hills Corporation from 1994 to 2025. Historical reinvestment intensity for Black Hills Corporation across 31 annual periods. Explore BKH operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Black Hills Corporation Cash Flow Reinvestment Rate by Year (1994–2025)
Black Hills Corporation cash flow reinvestment rate by year from 1994 to 2025. Year-by-year capital reinvestment analysis for Black Hills Corporation. For the full cash flow conversion analysis, see Black Hills Corporation cash conversion from operations.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 1.22x | $819.80 Million | $673.40 Million | $819.80 Million | ▼ -41.2% |
| 2024 | 2.07x | $1.49 Billion | $719.30 Million | $744.20 Million | ▲ +78.4% |
| 2023 | 1.16x | $1.10 Billion | $944.40 Million | $555.60 Million | ▼ -43.8% |
| 2022 | 2.07x | $1.21 Billion | $584.80 Million | $604.37 Million | ▼ -26.8% |
| 2020 | 2.82x | $1.53 Billion | $541.86 Million | $767.40 Million | ▼ -12.7% |
| 2019 | 3.23x | $1.63 Billion | $505.51 Million | $818.38 Million | ▲ +228.0% |
| 2018 | 0.99x | $481.95 Million | $488.81 Million | $457.52 Million | ▼ -34.4% |
| 2017 | 1.50x | $643.67 Million | $428.26 Million | $326.01 Million | ▼ -76.7% |
| 2016 | 6.44x | $2.06 Billion | $320.46 Million | $474.78 Million | ▲ +474.3% |
| 2015 | 1.12x | $479.91 Million | $428.00 Million | $455.48 Million | ▼ -9.0% |
| 2014 | 1.23x | $398.49 Million | $323.46 Million | $398.49 Million | ▲ +12.7% |
| 2013 | 1.09x | $354.75 Million | $324.63 Million | $354.75 Million | ▼ -0.8% |
| 2012 | 1.10x | $349.13 Million | $316.97 Million | $349.13 Million | ▼ -44.1% |
| 2011 | 1.97x | $440.70 Million | $223.70 Million | $440.70 Million | ▼ -38.4% |
| 2010 | 3.20x | $472.68 Million | $147.75 Million | $472.68 Million | ▲ +149.5% |
| 2009 | 1.28x | $346.87 Million | $270.50 Million | $346.87 Million | ▼ -43.2% |
| 2008 | 2.26x | $328.92 Million | $145.64 Million | $328.92 Million | ▲ +117.8% |
| 2007 | 1.04x | $261.37 Million | $252.08 Million | $261.37 Million | ▼ -12.7% |
| 2006 | 1.19x | $308.45 Million | $259.69 Million | $308.45 Million | ▲ +49.8% |
| 2005 | 0.79x | $138.63 Million | $174.85 Million | $138.63 Million | ▲ +19.1% |
| 2004 | 0.67x | $90.97 Million | $136.68 Million | $90.97 Million | ▲ +25.7% |
| 2003 | 0.53x | $90.35 Million | $170.57 Million | $90.35 Million | ▼ -50.3% |
| 2002 | 1.07x | $233.07 Million | $218.77 Million | $233.07 Million | ▼ -50.1% |
| 2001 | 2.13x | $378.48 Million | $177.40 Million | $378.48 Million | ▲ +17.8% |
| 2000 | 1.81x | $134.85 Million | $74.47 Million | $134.85 Million | ▲ +31.6% |
| 1999 | 1.38x | $104.20 Million | $75.70 Million | $104.20 Million | ▲ +175.8% |
| 1998 | 0.50x | $27.30 Million | $54.70 Million | $27.30 Million | ▼ -1.2% |
| 1997 | 0.51x | $28.30 Million | $56.00 Million | $28.30 Million | ▲ +14.7% |
| 1996 | 0.44x | $24.40 Million | $55.40 Million | $24.40 Million | ▼ -58.6% |
| 1995 | 1.06x | $48.20 Million | $45.30 Million | $48.20 Million | ▼ -48.3% |
| 1994 | 2.06x | $100.70 Million | $48.90 Million | $100.70 Million | — |