Black Hills (BKH) - Market capitalization

Market cap: A$7.69 Billion

As of December 2025 Black Hills has a market cap of A$7.69 Billion. This makes Black Hills the world's 3028th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.

Market cap history of Black Hills from 1996 to 2025

End of year Market Cap

Year	Marketcap	Change
2025	A$7.69 B	14.26%
2024	A$6.73 B	25.13%
2023	A$5.38 B	-19.96%
2022	A$6.72 B	8.28%
2021	A$6.21 B	23.89%
2020	A$5.01 B	-27.29%
2019	A$6.89 B	28.97%
2018	A$5.34 B	29.85%
2017	A$4.11 B	-8.95%
2016	A$4.52 B	38.62%
2015	A$3.26 B	12.69%
2014	A$2.89 B	10.52%
2013	A$2.61 B	69.46%
2012	A$1.54 B	19.6%
2011	A$1.29 B	11.45%
2010	A$1.15 B	0.4%
2009	A$1.15 B	-21.38%
2008	A$1.46 B	-22.93%
2007	A$1.90 B	21.92%
2006	A$1.56 B	-0.29%
2005	A$1.56 B	21.8%
2004	A$1.28 B	-1.12%
2003	A$1.30 B	2.71%
2002	A$1.26 B	-28.26%
2001	A$1.76 B	-5.24%
2000	A$1.86 B	154.08%
1999	A$0.73 B	-21.54%
1998	A$0.93 B	19.5%
1997	A$0.78 B	53.11%
1996	A$0.51 B

End of Day market cap according to different sources

On Dec 18th, 2025 the market cap of Black Hills was reported to be:

A$7.86 Billion

by Nasdaq

A$7.86 Billion

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
CenterPoint Energy CNP	A$37.09 B	381.85%	🇺🇸 USA
Xcel Energy XEL	A$64.95 B	743.80%	🇺🇸 USA
NorthWestern Corporation NWE	A$5.82 B	-24.28%	🇺🇸 USA
Avista AVA	A$4.63 B	-39.80%	🇺🇸 USA
MDU Resources MDU	A$5.92 B	-23.09%	🇺🇸 USA
Duke Energy DUK	A$135.79 B	1,664.01%	🇺🇸 USA
Alliant Energy LNT	A$25.10 B	226.11%	🇺🇸 USA
CMS Energy CMS	A$31.80 B	313.19%	🇺🇸 USA
Exelon Corporation EXC	A$66.63 B	765.57%	🇺🇸 USA
Ameren AEE	A$40.25 B	422.89%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Market capitalization of Black Hills (BKH)

Market cap: A$7.69 Billion