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Black HillsBKH +1.57%75 3-Year EBITDA Growth Rate is 1.40% as of Jun. 2026, which is 36% below its 10-year median of 2.20. GuruFocus rates BKH with a GF Score™ of 75/100 and a GF Value™ of $60.09 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 455 Utilities - Regulated companies, Black Hills ranks worse than 69.23% on this metric.
During the past 12 months, Black Hills's average EBITDA Per Share Growth Rate was 0.90% per year.
During the past 3 years, the average EBITDA Per Share Growth Rate was 1.40% per year.
During the past 5 years, the average EBITDA Per Share Growth Rate was 2.20% per year.
During the past 10 years, the average EBITDA Per Share Growth Rate was 1.40% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average EBITDA per share growth rate.
During the past 13 years, the highest 3-Year average EBITDA Per Share Growth Rate of Black Hills was 53.10% per year. The lowest was -27.10% per year. And the median was 2.20% per year.
Black Hills (NYSE:BKH) 3-Year EBITDA Growth Rate Explanation
EBITDA per Share is the amount of Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) per outstanding share of the company's stock.
Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.
Black Hills 3-Year EBITDA Growth Rate Related Terms
BKH vs NJR, OGS, SR: 3-Year EBITDA Growth Rate Comparison
For the Utilities - Regulated Gas subindustry, Black Hills's 3-Year EBITDA Growth Rate, along with its competitors' market caps and 3-Year EBITDA Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Black Hills 3-Year EBITDA Growth Rate vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Black Hills's 3-Year EBITDA Growth Rate distribution charts can be found below:
* The bar in red indicates where Black Hills's 3-Year EBITDA Growth Rate falls into.
This is the 3-year average growth rate of EBITDA per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average EBITDA per share growth rate.
What does a 3-Year EBITDA Growth Rate of 1.40% mean?
Black Hills (BKH) has a 3-Year EBITDA Growth Rate of 1.40% as of Jun. 2026. 3-Year EBITDA Growth Rate is the 3-year average growth rate of EBITDA per share. View historical data for Black Hills and its competitors. This is 36% below median its historical median of 2.20. According to the industry distribution chart, Black Hills ranks #315 out of 455 companies in the Utilities - Regulated industry, placing it in the top 69.2%.
Is Black Hills' 3-Year EBITDA Growth Rate too high?
Black Hills' current 3-Year EBITDA Growth Rate of 1.40% is 36% below median its 10-year median of 2.20. The Utilities - Regulated industry median 3-Year EBITDA Growth Rate is 6.40. Black Hills' value of 1.40% is 78.1% below this industry median. Based on the distribution chart, Black Hills ranks #315 out of 455 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Black Hills has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Black Hills' 3-Year EBITDA Growth Rate compare to NJR and OGS?
According to the Utilities - Regulated industry distribution chart, Black Hills ranks #315 out of 455 companies for 3-Year EBITDA Growth Rate. This places Black Hills in the lower half of its industry. The industry median 3-Year EBITDA Growth Rate is 6.40. Black Hills' value of 1.40% is 78.1% below this benchmark. While the company's 10-year median is 2.20 vs. the industry median of 6.40, Black Hills has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year EBITDA Growth Rate for an Utilities - Regulated company?
The median 3-Year EBITDA Growth Rate among Utilities - Regulated companies is 6.40, based on 455 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year EBITDA Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year EBITDA Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Black Hills's current 3-Year EBITDA Growth Rate of 1.40% is 78.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year EBITDA Growth Rate mean?
A high 3-Year EBITDA Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year EBITDA Growth Rate is the 3-year average growth rate of EBITDA per share. View historical data for Black Hills and its competitors. For the Utilities - Regulated industry, the median 3-Year EBITDA Growth Rate is 6.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Hills's current 3-Year EBITDA Growth Rate is 1.40%, which is 36% below median its own 10-year median of 2.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Hills stock overvalued right now?
Based on GuruFocus' analysis, Black Hills (BKH) is currently considered Modestly Overvalued. The stock's GF Value™ is $60.09, compared to a current price of $74.36 — trading 23.7% above its estimated fair value. The current 3-Year EBITDA Growth Rate is 1.40%, which is 36% below median its 10-year median of 2.20 and 78.1% below the Utilities - Regulated industry median of 6.40. Black Hills' overall GF Score™ is 75/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year EBITDA Growth Rate calculated?
3-Year EBITDA Growth Rate is calculated from a company's financial statements. For Black Hills (BKH), the current 3-Year EBITDA Growth Rate is 1.40% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Black Hills (BKH) Overvalued in 2026?
Based on GuruFocus' analysis, Black Hills stock appears to be overvalued.
The current stock price of $74.36 is trading 23.7% above its estimated GF Value™ of $60.09.
GuruFocus considers Black Hills to be Modestly Overvalued.
Key valuation signals for BKH:
3-Year EBITDA Growth Rate: 1.40% (36% below median its 10-year median of 2.20)
GF Value™: $60.09 vs. price of $74.36 (23.7% above fair value)
Industry Position: 78.1% below the Utilities - Regulated median (#315 of 455)
No single metric tells the full story. See the BKH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Black Hills Corp is a U.S.-based energy company that operates through its Electric Utilities and Gas Utilities segment. These segments operate in states in the Midwest and mountain regions in the U.S. The company's customers include residential, commercial, industrial, and municipal consumers. These customers are residential. Black Hills derives the majority of its revenue from its utility business group, specifically from gas utilities.
75GF Score
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