Capital expenditure · 2011–2025

Black Hills capital expenditure

$820M+10.2% · FY2025

Black Hills (BKH) reported $820M in capital expenditure for fiscal 2025, +10.2% year on year.

$441M2011$349M2012$355M2013$398M2014$266M2015$455M2016$326M2017$458M2018$818M2019$767M2020$678M2021$604M2022$556M2023$744M2024$820M2025
Black Hills — Capital expenditure, 2011–2025
Fiscal yearCapital expenditureChangeFiling
FY20252025-12-31$820M+10.2%Open →
FY20242024-12-31$744M+33.9%Open →
FY20232023-12-31$556M−8.1%Open →
FY20222022-12-31$604M−10.8%Open →
FY20212021-12-31$678M−11.7%Open →
FY20202020-12-31$767M−6.2%Open →
FY20192019-12-31$818M+78.9%Open →
FY20182018-12-31$458M+40.3%Open →
FY20172017-12-31$326M−28.3%Open →
FY20162016-12-31$455M+70.8%Open →
FY20152015-12-31$266M−33.2%Open →
FY20142014-12-31$398M+12.3%Open →
FY20132013-12-31$355M+1.6%Open →
FY20122012-12-31$349M−20.8%Open →
FY20112011-12-31$441M—Open →

Capital expenditure — Capital expenditure is the cash the company spent during the year on property, plant and equipment — factories, stores, servers, vehicles. It appears in the investing section of the cash-flow statement as an outflow and is shown here as a positive amount. Operating cash flow minus this figure is free cash flow.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +4.5%

Capital expenditure at companies of similar size

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Black Hills capital expenditure |url=https://companiesranked.com/en/company/black-hills/capital-expenditure |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Black Hills capital expenditure. CompaniesRanked. https://companiesranked.com/en/company/black-hills/capital-expenditure

BibTeX

@misc{companiesranked-en-company-black-hills-capital-expenditure-2026,
  author       = {{CompaniesRanked}},
  title        = {{Black Hills capital expenditure}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/black-hills/capital-expenditure}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001193125-26-046028 · February 11, 2026

{{cite web |title=Black Hills capital expenditure — 10-K (0001193125-26-046028) |url=https://www.sec.gov/Archives/edgar/data/1130464/000119312526046028/bkh-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-11}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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