---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-014567"
form_type: "8-K"
ticker: "BKH"
cik: "0001130464"
company_name: "BLACK HILLS CORP /SD/"
filed_at: "2025-02-05T23:59:59+00:00"
generated_at: "2026-05-27T02:23:00.608314+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Black Hills Q4 EPS $1.37; FY EPS $3.91; 2025 guidance $4.00–$4.20; dividend up 4%

## Summary
- Q4 2024 diluted EPS $1.37; full-year EPS $3.91 (flat YoY); net income $273.1M vs $262.2M.
- Revenue Q4 $597.1M (+1% YoY); full-year $2.13B (-8.7%); Gas Utilities op income up $42.5M.
- 2025 EPS guidance initiated at $4.00–$4.20; five-year capital plan increased to $4.7B.
- Quarterly dividend raised 4% to $0.676/share; 55th consecutive annual increase.
- Data center demand >1 GW from existing customers; 500 MW expected by end 2029 driving EPS >10% contribution.

## SEC filing metadata
- accession: 0000950170-25-014567
- form_type: 8-K
- ticker: BKH
- cik: 0001130464
- company_name: BLACK HILLS CORP /SD/
- filed_at: 2025-02-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1130464/000095017025014567/0000950170-25-014567-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1130464/000095017025014567/bkh-20250205.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-014567
- JSON: https://secwatch.observer/filing/0000950170-25-014567.json
- Plain text: https://secwatch.observer/filing/0000950170-25-014567.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.