Black Hills Corporation (BKH)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	273,200	254,780	275,780	276,080	262,280	255,073	244,646	254,961	258,387	257,069	266,208	257,954	236,744	242,774	234,945	230,750	227,608	219,602	195,059	188,676
Revenue (ttm)	US$ in thousands	2,127,700	2,122,332	2,127,832	2,136,532	2,331,332	2,531,039	2,586,551	2,649,446	2,551,816	2,322,885	2,240,863	2,139,240	1,949,102	1,872,981	1,838,981	1,793,323	1,696,941	1,688,208	1,667,166	1,674,140
Net profit margin		12.84%	12.00%	12.96%	12.92%	11.25%	10.08%	9.46%	9.62%	10.13%	11.07%	11.88%	12.06%	12.15%	12.96%	12.78%	12.87%	13.41%	13.01%	11.70%	11.27%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $273,200K ÷ $2,127,700K
= 12.84%

Black Hills Corporation's net profit margin has shown some fluctuation over the past few years, ranging from a low of 9.46% on June 30, 2023, to a high of 13.41% on December 31, 2020. The net profit margin measures the company's profitability by indicating what percentage of revenue translates into profit after all expenses are deducted.

The trend in Black Hills Corporation's net profit margin shows some variability but generally hovers around the 12% range in recent periods. A higher net profit margin indicates that the company is able to efficiently control its costs and generate more profit from each dollar of revenue.

It is important for investors and analysts to closely monitor changes in the net profit margin over time to assess the company's financial health and operational efficiency. Any significant deviations from historical averages should be investigated to understand the underlying factors impacting profitability.