← BLACK HILLS CORP /SD/
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $82.6m |
$177.0m
+114.25%
|
$258.4m
+45.98%
|
$199.3m
-22.88%
|
$227.6m
+14.20%
|
$236.7m
+4.01%
|
$258.4m
+9.14%
|
$262.2m
+1.48%
|
$273.1m
+4.16%
|
$291.6m
+6.77%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $73.0m |
$177.0m
+142.61%
|
$258.4m
+45.98%
|
$213.3m
-17.46%
|
$242.8m
+13.80%
|
$251.3m
+3.50%
|
$270.8m
+7.76%
|
$276.0m
+1.94%
|
$283.7m
+2.79%
|
$299.8m
+5.68%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $82.6m | $191.3m | $272.7m | $213.3m | $242.8m | $251.3m | $270.8m | $276.0m | $283.7m | $299.8m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $9.7m | $14.2m | $14.2m | $14.0m | $15.2m | $14.5m | $12.4m | $13.8m | $10.6m | $8.2m | — | |
| Depreciation, Depletion and Amortization | $189.0m | $188.2m | $196.3m | $209.1m | $224.5m | $236.0m | $250.9m | $256.8m | $270.1m | $283.8m | $294.9m | |
| Amortization of Debt Issuance Costs | $3.9m | $3.3m | $2.8m | $3.2m | $3.3m | $3.8m | $4.5m | — | — | — | — | |
| Amortization of Debt Issuance Costs and Discounts | $6.2m | $8.3m | $7.8m | $7.8m | $7.9m | $7.0m | $9.8m | $10.1m | $10.7m | $9.7m | — | |
| Amortization of Intangible Assets | $510k | $833k | $824k | $1.1m | $1.3m | $1.2m | $1.2m | $1.2m | $1.1m | $1.2m | — | |
| Deferred Income Tax Expense (Benefit) | $36.2m | $81.0m | ($24.2m) | $38.0m | $38.1m | $7.3m | $25.6m | $25.4m | $52.0m | $54.3m | $51.9m | |
| Share-based Payment Arrangement, Noncash Expense | $10.9m | $7.6m | $12.4m | $12.1m | $5.4m | $9.7m | $8.6m | $7.0m | $10.6m | $11.8m | $12.5m | |
| Equity Method Investment, Other than Temporary Impairment | $0 | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | $0 | — | — | — | — | — | — | — | — | — | — | |
| Nonoperating Income (Expense) | — | — | ($1.2m) | ($5.7m) | ($152.6m) | ($151.0m) | ($159.3m) | ($171.1m) | ($183.1m) | ($194.0m) | — | |
| Other Nonoperating Income (Expense) | $4.5m | $2.1m | ($1.8m) | ($6.2m) | ($2.3m) | $1.4m | $1.7m | ($3.2m) | ($1.4m) | $6.1m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Inventories | ($1.1m) | $10.1m | $2.9m | ($2.1m) | ($2.8m) | $35.7m | $75.4m | ($51.4m) | ($13.2m) | $17.8m | ($11.9m) | |
| Net Cash Provided by (Used in) Operating Activities | $320.5m |
$428.3m
+33.64%
|
$488.8m
+14.14%
|
$505.5m
+3.42%
|
$541.9m
+7.19%
|
($64.6m)
-111.92%
|
$584.8m
+1005.76%
|
$944.4m
+61.49%
|
$719.3m
-23.84%
|
$673.4m
-6.38%
|
$628.3m
-6.70%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $474.8m | $326.0m | $457.5m | $818.4m | $767.4m | $677.5m | $604.4m | $555.6m | $744.2m | $819.8m | ($933.5m) | |
| Restricted Cash and Investments, Current | $2.3m | $2.8m | $3.4m | $3.9m | $4.4m | $4.9m | $5.6m | $6.4m | $7.3m | $7.6m | — | |
| Payments for (Proceeds from) Other Investing Activities | $1.1m | ($465k) | $4.3m | ($2.2m) | ($5.7m) | ($13.3m) | ($485k) | ($18.9m) | $1.8m | $8.4m | — | |
| Net Cash Provided by (Used in) Investing Activities | ($1.6b) | ($317.7m) | ($465.8m) | ($816.2m) | ($761.7m) | ($664.2m) | ($603.9m) | ($536.7m) | ($746.0m) | ($828.2m) | ($944.1m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $1.2b | $105.7m | $854.7m | $905.7m | $8.6m | $8.4m | $0 | $525.0m | $600.0m | $0 | ($300.0m) | |
| Proceeds from Issuance of Long-term Debt | $1.8b | $0 | $700.0m | $1.1b | $400.0m | $600.0m | $0 | $800.0m | $450.0m | $450.0m | $735.0m | |
| Proceeds from Issuance of Common Stock | $121.6m | $4.4m | $300.8m | $101.4m | $99.3m | $119.0m | $90.0m | $118.3m | $181.4m | $219.2m | $204.3m | |
| Dividends paid | $87.6m | $96.7m | $106.6m | $124.6m | $135.4m | $145.0m | $156.7m | $168.1m | $182.3m | $197.9m | ($206.9m) | |
| Proceeds from (Payments for) Other Financing Activities | ($23.0m) | ($6.9m) | ($11.3m) | ($16.7m) | ($7.1m) | ($4.0m) | $931k | ($13.0m) | ($8.4m) | ($5.9m) | — | |
| Net Cash Provided by (Used in) Financing Activities | $841.0m |
($108.7m)
-112.92%
|
($17.1m)
+84.31%
|
$300.2m
+1860.04%
|
$216.9m
-27.76%
|
$731.9m
+237.45%
|
$32.3m
-95.59%
|
($341.7m)
-1159.40%
|
($42.9m)
+87.45%
|
$321.8m
+850.12%
|
$379.5m
+17.93%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($426.7m) | $2.4m | $5.9m | ($10.5m) | ($2.9m) | $13.8m | $27.0m | $93.0m | $23.4m | $190.4m | $79.5m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $112.9m | $132.4m | $138.0m | $131.8m | $136.5m | $142.7m | $152.5m | $157.3m | $174.4m | $196.4m | — | |
| Income Taxes Paid, Net | $1.2m | ($1.8m) | $14.7m | ($4.7m) | ($2.2m) | ($1.5m) | ($771k) | $1.0m | ($14.4m) | ($8.8m) | — | |
| Additional Financial Items | ||||||||||||
| Asset Retirement Obligation, Accretion Expense | $3.2m | $2.1m | $2.2m | $2.7m | $2.8m | $3.0m | $3.4m | $3.5m | $4.1m | $4.2m | — | |
| Gain (Loss) on Sale of Derivatives | $28.8m | $0 | $0 | — | — | — | — | — | — | — | — | |
| Goodwill | $1.3b | $1.3b | $1.3b | $1.3b | $1.3b | $1.3b | $1.3b | $1.3b | $1.3b | $1.3b | $0 | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | $194.1m | $265.3m | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | $208.4m | $279.5m | $213.3m | $242.8m | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | ($17.1m) | ($6.9m) | $0 | $0 | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $10.5m | $73.4m | ($23.7m) | $29.6m | $32.9m | $7.2m | $25.2m | $25.6m | $36.3m | $43.7m | — | |
| Investment Income, Interest | $1.4m | $1.0m | $1.6m | $1.6m | $1.5m | $1.7m | $1.6m | $12.1m | $13.5m | $6.8m | — | |
| Operating Expenses | $1.4b | $1.3b | $1.4b | $1.3b | $1.3b | $1.5b | $2.1b | $1.9b | $1.6b | $1.8b | — | |
| Operating Lease, Lease Income | — | — | — | $2.3m | $2.5m | — | — | — | — | — | — | |
| Proceeds from Noncontrolling Interests | $216.4m | $0 | $0 | — | — | — | — | — | — | — | — | |
| Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of Equity | $3.3m | $2.3m | $619k | $472k | — | — | — | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.