Black Hills Corporation Free Cash Flow Generation Index
Black Hills Corporation free cash flow generation index. Black Hills Corporation (BKH) has a Free Cash Flow Generation Index of -0.52x as of March 2026. Free cash flow of $-91.20 Million represents -1% of operating cash flow ($176.20 Million). Check BKH asset resilience ratio to evaluate the company's liquid asset resilience ratio.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Free Cash Flow Generation Index of Black Hills Corporation (1994–2025)
Free cash flow generation index of Black Hills Corporation from 1994 to 2025. Historical FCF Generation Index trend for Black Hills Corporation across 31 annual periods. Explore BKH capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
Black Hills Corporation Free Cash Flow Generation Index by Year (1994–2025)
Black Hills Corporation free cash flow generation index by year from 1994 to 2025. Year-by-year Free Cash Flow Generation Index for Black Hills Corporation. For the full cash flow conversion analysis, see how efficiently does Black Hills Corporation generate cash.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | -0.22x | $-146.40 Million | $673.40 Million | $819.80 Million | ▼ -528.0% |
| 2024 | -0.03x | $-24.90 Million | $719.30 Million | $744.20 Million | ▼ -108.4% |
| 2023 | 0.41x | $388.80 Million | $944.40 Million | $555.60 Million | ▲ +1330.6% |
| 2022 | -0.03x | $-19.56 Million | $584.80 Million | $604.37 Million | ▲ +92.0% |
| 2020 | -0.42x | $-225.54 Million | $541.86 Million | $767.40 Million | ▲ +32.7% |
| 2019 | -0.62x | $-312.86 Million | $505.51 Million | $818.38 Million | ▼ -1066.9% |
| 2018 | 0.06x | $31.29 Million | $488.81 Million | $457.52 Million | ▼ -73.2% |
| 2017 | 0.24x | $102.25 Million | $428.26 Million | $326.01 Million | ▲ +149.6% |
| 2016 | -0.48x | $-154.32 Million | $320.46 Million | $474.78 Million | ▼ -650.1% |
| 2015 | -0.06x | $-27.48 Million | $428.00 Million | $455.48 Million | ▲ +72.3% |
| 2014 | -0.23x | $-75.04 Million | $323.46 Million | $398.49 Million | ▼ -150.0% |
| 2013 | -0.09x | $-30.12 Million | $324.63 Million | $354.75 Million | ▲ +8.5% |
| 2012 | -0.10x | $-32.16 Million | $316.97 Million | $349.13 Million | ▲ +89.5% |
| 2011 | -0.97x | $-216.99 Million | $223.70 Million | $440.70 Million | ▲ +55.9% |
| 2010 | -2.20x | $-324.93 Million | $147.75 Million | $472.68 Million | ▼ -678.9% |
| 2009 | -0.28x | $-76.37 Million | $270.50 Million | $346.87 Million | ▲ +77.6% |
| 2008 | -1.26x | $-183.28 Million | $145.64 Million | $328.92 Million | ▼ -3314.0% |
| 2007 | -0.04x | $-9.29 Million | $252.08 Million | $261.37 Million | ▲ +80.4% |
| 2006 | -0.19x | $-48.76 Million | $259.69 Million | $308.45 Million | ▼ -190.6% |
| 2005 | 0.21x | $36.22 Million | $174.85 Million | $138.63 Million | ▼ -38.1% |
| 2004 | 0.33x | $45.71 Million | $136.68 Million | $90.97 Million | ▼ -28.9% |
| 2003 | 0.47x | $80.22 Million | $170.57 Million | $90.35 Million | ▲ +819.5% |
| 2002 | -0.07x | $-14.30 Million | $218.77 Million | $233.07 Million | ▲ +94.2% |
| 2001 | -1.13x | $-201.08 Million | $177.40 Million | $378.48 Million | ▼ -39.8% |
| 2000 | -0.81x | $-60.38 Million | $74.47 Million | $134.85 Million | ▼ -115.4% |
| 1999 | -0.38x | $-28.50 Million | $75.70 Million | $104.20 Million | ▼ -175.2% |
| 1998 | 0.50x | $27.40 Million | $54.70 Million | $27.30 Million | ▲ +1.3% |
| 1997 | 0.49x | $27.70 Million | $56.00 Million | $28.30 Million | ▼ -11.6% |
| 1996 | 0.56x | $31.00 Million | $55.40 Million | $24.40 Million | ▲ +974.1% |
| 1995 | -0.06x | $-2.90 Million | $45.30 Million | $48.20 Million | ▲ +94.0% |
| 1994 | -1.06x | $-51.80 Million | $48.90 Million | $100.70 Million | — |