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
Market Cap & Net Worth: Black Hills Corporation (BKH)
Black Hills Corporation (NYSE:BKH) has a market capitalization of $5.40 Billion ($5.40 Billion) as of March 19, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #2666 globally and #1846 in its home market, demonstrating a -1.32% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Black Hills Corporation's stock price $71.59 by its total outstanding shares 75474846 (75.47 Million).
Black Hills Corporation Market Cap History: 2015 to 2026
Black Hills Corporation's market capitalization history from 2015 to 2026. Data shows growth from $2.57 Billion to $5.40 Billion (7.63% CAGR).
Index Memberships
Black Hills Corporation is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
S&P Midcap 400
MID
|
$3.04 Trillion | 0.17% | #235 of 401 |
Weight: Black Hills Corporation's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Black Hills Corporation Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Black Hills Corporation's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
2.27x
Black Hills Corporation's market cap is 2.27 times its annual revenue
6.67x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
17.97x
Black Hills Corporation's market cap is 17.97 times its annual earnings
3.07x
Higher than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $3.50 Billion | $1.54 Billion | $72.97 Million | 2.27x | 47.95x |
| 2017 | $3.53 Billion | $1.68 Billion | $177.03 Million | 2.10x | 19.92x |
| 2018 | $3.81 Billion | $1.75 Billion | $258.44 Million | 2.17x | 14.74x |
| 2019 | $4.90 Billion | $1.73 Billion | $199.31 Million | 2.82x | 24.58x |
| 2020 | $3.96 Billion | $1.70 Billion | $227.61 Million | 2.34x | 17.42x |
| 2021 | $4.71 Billion | $1.95 Billion | $236.70 Million | 2.42x | 19.91x |
| 2022 | $4.86 Billion | $2.55 Billion | $258.40 Million | 1.90x | 18.80x |
| 2023 | $3.89 Billion | $2.33 Billion | $262.20 Million | 1.67x | 14.83x |
| 2024 | $4.42 Billion | $2.13 Billion | $273.10 Million | 2.08x | 16.17x |
| 2025 | $5.24 Billion | $2.31 Billion | $291.60 Million | 2.27x | 17.97x |
Competitor Companies of BKH by Market Capitalization
Companies near Black Hills Corporation in the global market cap rankings as of March 19, 2026.
Key companies related to Black Hills Corporation by market ranking:
- Atmos Energy Corporation (NYSE:ATO): Ranked #676 globally with a market cap of $30.35 Billion USD.
- NiSource Inc (NYSE:NI): Ranked #895 globally with a market cap of $21.94 Billion USD.
- GAIL (India) Limited (PINK:GAILF): Ranked #1269 globally with a market cap of $14.55 Billion USD.
- Osaka Gas Co. Ltd (OTCGREY:OSGSY): Ranked #1477 globally with a market cap of $11.89 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #676 | Atmos Energy Corporation | NYSE:ATO | $30.35 Billion | $186.98 |
| #895 | NiSource Inc | NYSE:NI | $21.94 Billion | $47.26 |
| #1269 | GAIL (India) Limited | PINK:GAILF | $14.55 Billion | $10.80 |
| #1477 | Osaka Gas Co. Ltd | OTCGREY:OSGSY | $11.89 Billion | $32.81 |
Black Hills Corporation Historical Marketcap From 2015 to 2026
Between 2015 and today, Black Hills Corporation's market cap moved from $2.57 Billion to $ 5.40 Billion, with a yearly change of 7.63%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $5.40 Billion | +3.13% |
| 2025 | $5.24 Billion | +18.63% |
| 2024 | $4.42 Billion | +13.57% |
| 2023 | $3.89 Billion | -19.95% |
| 2022 | $4.86 Billion | +3.08% |
| 2021 | $4.71 Billion | +18.86% |
| 2020 | $3.96 Billion | -19.05% |
| 2019 | $4.90 Billion | +28.60% |
| 2018 | $3.81 Billion | +7.98% |
| 2017 | $3.53 Billion | +0.81% |
| 2016 | $3.50 Billion | +36.04% |
| 2015 | $2.57 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Black Hills Corporation was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $5.40 Billion USD |
| MoneyControl | $5.40 Billion USD |
| MarketWatch | $5.40 Billion USD |
| marketcap.company | $5.40 Billion USD |
| Reuters | $5.40 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.