Black Hills Corp.
- BKH · NYSE
- Electric Services
- Rapid City, SD
- 2,795 employees
- CIK 0001130464
Updated from SEC filings through
Top things to know
Executives
- Linden R. Evans President and CEO 4, 2026-02-18
- Kimberly F. Nooney SVP & CFO 4, 2026-02-13
- Darren T. Nakata Chief Legal Officer 4, 2026-02-10
- Marne M. Jones SVP - Utilities 4, 2026-02-13
- Sarah Wiltse SVP and CHRO 4, 2026-02-10
- Donald Lee Redden JR CITO 4, 2026-02-10
What leadership is saying
“We delivered another solid year, achieving the midpoint of our earnings guidance and upper half of our long-term growth target”
Earnings press release (8-K Ex. 99.1), filed February 4, 2026
Black Hills Corp is a U.S. public company in electric services (SIC 4911), headquartered in Rapid City, SD. It trades as BKH on NYSE. Revenue was $2.3B in the fiscal year ending December 31, 2025, +8.6% from the year before. It reported about 2,795 employees. Linden R. Evans is President and CEO.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $2.3B 10-K, 2026-02-11 | $2.1B 10-K, 2026-02-11 | $2.3B 10-K, 2026-02-11 | $2.6B 10-K, 2025-02-12 | $1.9B 10-K, 2024-02-14 |
| Operating income | $538M 10-K, 2026-02-11 | $503M 10-K, 2026-02-11 | $473M 10-K, 2026-02-11 | $455M 10-K, 2025-02-12 | $409M 10-K, 2024-02-14 |
| SG&A | Not on file | Not on file | Not on file | Not on file | Not on file |
| Net income | $292M 10-K, 2026-02-11 | $273M 10-K, 2026-02-11 | $262M 10-K, 2026-02-11 | $258M 10-K, 2025-02-12 | $237M 10-K, 2024-02-14 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Linden R. Evans | President and CEO | 4, 2026-02-18 |
| Kimberly F. Nooney Strategic Finance Executive | SVP & CFO | 4, 2026-02-13 |
| Darren T. Nakata | Chief Legal Officer | 4, 2026-02-10 |
| Marne M. Jones SVP & Chief Utility Officer- at Black Hills Corporation | SVP - Utilities | 4, 2026-02-13 |
| Sarah Wiltse Senior Vice President and Chief Human Resources Officer | SVP and CHRO | 4, 2026-02-10 |
| Donald Lee Redden JR | CITO | 4, 2026-02-10 |
What Black Hills Corp does
Black Hills Corporation, a South Dakota corporation (together with its subsidiaries, referred to herein as the “Company,” "BHC," “we,” “us”, or “our”), is a customer-focused, growth-oriented utility company headquartered in Rapid City, South Dakota (incorporated in South Dakota in 1941).
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 76.5 million (as of November 2, 2026) | 10-Q, November 5, 2026 |
|---|---|---|
| Public float | $4.1B (as of June 30, 2025) | 10-K, February 11, 2026 |
| Reportable segments | 2 (period ending September 30, 2026) | 10-Q, November 5, 2026 |
| Latest proxy statement | Meeting April 29, 2026 (filed March 18, 2026) | DEF 14A, March 18, 2026 |
| Auditor | Deloitte & Touche LLP (Minneapolis, Minnesota) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| May 27, 2026 | Robert P. Otto Director | Sale | 4,109 | $305K | Form 4, May 28, 2026 |
| November 10, 2025 | Kimberly F. Nooney SVP & CFO | Sale | 14,500 | $1.0M | Form 4, November 12, 2025 |
Recent 8-K events
- 8-K filed 2026-11-04
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-10-23
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-10-06
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-08-17
- Item 8.01 Other events
- 8-K filed 2026-08-05
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-05-15
- Item 8.01 Other events
- 8-K filed 2026-05-06
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-05-01
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-04-02
- Item 5.07 Submission of matters to a vote of security holders
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-02-19
- Item 8.01 Other events
Frequently asked questions about Black Hills Corp
- What does Black Hills Corp do?
- In its own words, from Item 1 of its 10-K: "Black Hills Corporation, a South Dakota corporation (together with its subsidiaries, referred to herein as the “Company,” "BHC," “we,” “us”, or “our”), is a customer-focused, growth-oriented utility company headquartered in Rapid City, South Dakota (incorporated in South Dakota in 1941)."
- What is Black Hills Corp's revenue?
- $2.3B for the fiscal year ending December 31, 2025, from its 10-K filed February 11, 2026.
- Is Black Hills Corp profitable?
- Black Hills Corp reported net income of $292M for the fiscal year ending December 31, 2025.
- How many employees does Black Hills Corp have?
- About 2,795 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of Black Hills Corp?
- Linden R. Evans, President and CEO, as named in a 4 filed February 18, 2026.
- Who is the CFO of Black Hills Corp?
- Kimberly F. Nooney, SVP & CFO, as named in a 4 filed February 13, 2026.
- Where is Black Hills Corp headquartered?
- Rapid City, SD.
- What is Black Hills Corp's stock ticker?
- BKH on NYSE.
- What industry is Black Hills Corp in?
- Electric Services, SIC code 4911.
- What is Black Hills Corp's website?
- blackhillscorp.com.
- When does Black Hills Corp report earnings next?
- February 3, 2027. Source: estimate_8k_pattern.
- Is Black Hills Corp a public company?
- Yes. Black Hills Corp files with the SEC under CIK 0001130464 and trades as BKH.
- Who audits Black Hills Corp?
- Deloitte & Touche LLP, Minneapolis, Minnesota, as named in its latest annual report (10-K).
- How many shares of Black Hills Corp are outstanding?
- 76.5 million shares as of November 2, 2026, from its 10-Q filed November 5, 2026.
- What is Black Hills Corp's public float?
- $4.1B as of June 30, 2025, as reported on the cover of its 10-K filed February 11, 2026.
- How many business segments does Black Hills Corp report?
- 2 reportable segments for the period ending September 30, 2026, from its 10-Q filed November 5, 2026.
- When is Black Hills Corp's annual shareholder meeting?
- April 29, 2026, per its proxy statement (DEF 14A) filed March 18, 2026.
- Have Black Hills Corp insiders traded stock recently?
- Since November 10, 2025, officers and directors reported 2 open-market sales worth about $1.3M and 0 purchases on Forms 4 and 5. The most recent: Robert P. Otto (Director) sold 4,109 shares on May 27, 2026.