Black Hills (BKH) Return on Invested Capital (ROIC)

Price: $61.16
Market Cap: $4.41B
Avg Volume: 489.52K
Country: US
Industry: Diversified Utilities
Sector: Utilities
Beta: 0.625
52W Range: $51.66-65.59
Website: Black Hills

Return on Invested Capital (ROIC) Summary

Black Hills's ROIC measures how effectively the company uses its invested capital to generate profits:

  • Annual: 4.75%
  • Quarterly: 1.54%
  • TTM: 4.88%

What is ROIC?

Return on Invested Capital (ROIC) measures how effectively a company uses its capital from debt and equity to generate profits. ROIC is a useful metric for comparing the efficiency of capital allocation between different companies or across time periods within the same company. A higher ROIC indicates a more efficient use of capital.

Related Metrics

Other important metrics to assess Black Hills's profitability include:

  • ROE (Return on Equity) - measures the return generated on shareholders' equity:
    • Annual: 7.80%
    • Quarterly: 2.80%
    • TTM: 8.24%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: 2.72%
    • Quarterly: 0.98%
    • TTM: 2.80%

These metrics provide insights into Black Hills's profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual ROIC

4.75%

Quarterly ROIC

1.54%

TTM ROIC

4.88%

Black Hills Historical ROIC

7.67%7.67%6.73%6.73%5.79%5.79%4.86%4.86%3.92%3.92%2.99%2.99%2.05%2.05%1.11%1.11%0.18%0.18%-0.76%-0.76%-1.70%-1.70%ROIC4.75%4.79%2.09%1.97%4.94%5.02%6.67%-1.70%3.24%0.41%20162016201720172018201820192019202020202021202120222022202320232024202420252025

Historical ROE

13.63%13.63%12.04%12.04%10.46%10.46%8.88%8.88%7.30%7.30%5.72%5.72%4.14%4.14%2.56%2.56%0.97%0.97%-0.61%-0.61%-2.19%-2.19%ROE7.80%8.15%8.63%8.49%8.89%8.44%11.85%10.77%4.51%-2.19%20162016201720172018201820192019202020202021202120222022202320232024202420252025

Historical ROA

4.27%4.27%3.77%3.77%3.28%3.28%2.78%2.78%2.29%2.29%1.79%1.79%1.29%1.29%0.80%0.80%0.30%0.30%-0.19%-0.19%-0.69%-0.69%ROA2.72%2.73%2.69%2.59%2.81%2.64%3.71%2.76%1.12%-0.69%20162016201720172018201820192019202020202021202120222022202320232024202420252025

Black Hills Historical Profitability Metrics

The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2024.

Year ROIC ROE ROA
2024 4.75% 7.80% 2.72%
2023 4.79% 8.15% 2.73%
2022 2.09% 8.63% 2.69%
2021 1.97% 8.49% 2.59%
2020 4.94% 8.89% 2.81%
2019 5.02% 8.44% 2.64%
2018 6.67% 11.85% 3.71%
2017 -1.70% 10.77% 2.76%
2016 3.24% 4.51% 1.12%
2015 0.41% -2.19% -0.69%

Related Metrics

Explore detailed financial metrics and analysis for BKH.