Black HillsSTU:BHI -0.23%73 OCF Margin % is 22.57% as of Mar. 2026, which is 21% below its 10-year median of 28.50. GuruFocus rates STU:BHI with a GF Score™ of 73/100 and a GF Value™ of €51.25 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 498 Utilities - Regulated companies, Black Hills ranks better than 64.66% on this metric.
The historical rank and industry rank for Black Hills's OCF Margin % or its related term are showing as below:
STU:BHI'
s OCF Margin % Range Over the Past 10 Years
Min: -3.31 Med: 28.5 Max: 40.51
Current: 27.24
During the past 13 years, the highest OCF Margin % of Black Hills was 40.51%. The lowest was -3.31%. And the median was 28.50%.
STU:BHI's OCF Margin % is ranked better than 64.66% of 498
companies
in the Utilities - Regulated industry
Industry Median: 18.795
vs STU:BHI: 27.24
Black Hills OCF Margin % Related Terms
Black Hills OCF Margin % Historical Data
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The historical data trend for Black Hills's OCF Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Utilities - Regulated Gas subindustry, Black Hills's OCF Margin %, along with its competitors' market caps and OCF Margin % 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 OCF Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Black Hills's OCF Margin % distribution charts can be found below:
* The bar in red indicates where Black Hills's OCF Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Black Hills (STU:BHI) has a OCF Margin % of 22.57% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Black Hills and its competitors. This is 21% below median its historical median of 28.50. According to the industry distribution chart, Black Hills ranks #176 out of 498 companies in the Utilities - Regulated industry, placing it in the top 35.3%.
Is Black Hills' OCF Margin % too high?
Black Hills' current OCF Margin % of 22.57% is 21% below median its 10-year median of 28.50. The Utilities - Regulated industry median OCF Margin % is 18.80. Black Hills' value of 22.57% is 20.1% above this industry median. Based on the distribution chart, Black Hills ranks #176 out of 498 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Black Hills has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Black Hills' OCF Margin % compare to NJR and OGS?
According to the Utilities - Regulated industry distribution chart, Black Hills ranks #176 out of 498 companies for OCF Margin %. This puts Black Hills in the upper half of its industry. The industry median OCF Margin % is 18.80. Black Hills' value of 22.57% is 20.1% above this benchmark. While the company's 10-year median is 28.50 vs. the industry median of 18.80, Black Hills has consistently been above 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 OCF Margin % for an Utilities - Regulated company?
The median OCF Margin % among Utilities - Regulated companies is 18.80, based on 498 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Black Hills's current OCF Margin % of 22.57% is 20.1% above 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Black Hills and its competitors. For the Utilities - Regulated industry, the median OCF Margin % is 18.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Hills's current OCF Margin % is 22.57%, which is 21% below median its own 10-year median of 28.50. 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 (STU:BHI) is currently considered Modestly Overvalued. The stock's GF Value™ is €51.25, compared to a current price of €64.20 — trading 25.3% above its estimated fair value. The current OCF Margin % is 22.57%, which is 21% below median its 10-year median of 28.50 and 20.1% above the Utilities - Regulated industry median of 18.80. Black Hills' overall GF Score™ is 73/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Black Hills (STU:BHI), the current OCF Margin % is 22.57% as of Mar. 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 (STU:BHI) Overvalued in 2026?
Based on GuruFocus' analysis, Black Hills stock appears to be overvalued.
The current stock price of €64.20 is trading 25.3% above its estimated GF Value™ of €51.25.
GuruFocus considers Black Hills to be Modestly Overvalued.
Key valuation signals for STU:BHI:
OCF Margin %: 22.57% (21% below median its 10-year median of 28.50)
GF Value™: €51.25 vs. price of €64.20 (25.3% above fair value)
Industry Position: 20.1% above the Utilities - Regulated median (#176 of 498)
No single metric tells the full story. See the STU:BHI 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.
73GF Score
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