BKH

Stock

Black Hills Corporation

One email when a drop — in price or in valuation — is historically rare for BKH. Otherwise we stay quiet.

Near all-time high

Nothing to see here.

Black Hills Corporation is 1.7% off its high — within touching distance of its all-time high. Go live your life, we're watching.

Price $75.54 · as of Jul 14, 2026All-time high $76.83Drawdown -1.7%Severity Score™ 0.3
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Typical

Current Drawdown

-1.7%

Days in Drawdown

87

Avg Max Drawdown

4.9%

Avg Length

78

Drawdown Severity Score™

0.3

BKH - Price & High Water Mark

BKH - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of July 12, 2026 · updated daily

Where today's valuation sits within BKH's own multi-year range, scored with the same Drawdown Severity Score language as price, measured from its typical level rather than its record high — a higher score means it has rarely been cheaper. This is context, not a recommendation.

Price to Sales

2.5xSeverity Score 0.0 · In or above its typical range
Low: 0.55xMedian: 1.9xHigh: 3.0x

Black Hills Corporation has been cheaper on this measure only about 94% of the time in 20 years of daily history.

17.8% below its highest Price to Sales reading · high date February 18, 2020

Price to Sales history

EV to EBITDA

12.6xSeverity Score 0.0 · In or above its typical range
Low: 6.8xMedian: 10.8xHigh: 34.3x

Black Hills Corporation has been cheaper on this measure only about 77% of the time in 20 years of daily history.

63.4% below its highest EV to EBITDA reading · high date July 1, 2016

EV to EBITDA history · log scale

How we measure valuation

Black Hills Corporation (BKH) Analysis: Current Drawdown Insights

Black Hills Corporation is trading slightly below its recent peak. As of 2026-07-14, the stock price is $75.54, just 1.7% below its all-time high of $76.83.

Based on its full tracked price history, Black Hills Corporation typically experiences drawdowns averaging 4.9% in depth, with an average duration of 78 days. Black Hills Corporation has gone through 184 total drawdown events in its tracked history. The largest drawdown on record for Black Hills Corporation was 65.7%, beginning in 2001. The longest drawdown duration on record was 4141 days.

The Drawdown Severity Score™ for Black Hills Corporation currently stands at 0.34. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score below 2.0 indicates a normal drawdown within the stock's typical range: a routine pullback.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing Black Hills Corporation's historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 184 tracked pullbacks (64 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2026-04-18Ongoing87 days-1.7%$76.83$75.54n/a
2026-04-152026-04-162 days-0.1%$76.60$76.56$76.83
2026-03-052026-04-1440 days-10.5%$75.76$67.84$76.60
2026-02-062026-03-0427 days-4.0%$74.44$71.48$75.76
2026-02-042026-02-052 days-0.4%$74.04$73.75$74.44
2025-12-012026-02-0365 days-8.5%$73.79$67.50$74.04
2025-11-122025-11-2514 days-3.4%$71.99$69.54$71.99
2022-08-222025-11-071174 days-37.0%$69.37$43.72$69.72
2022-04-212022-08-18120 days-15.8%$69.03$58.10$69.23
2020-02-192022-04-20791 days-40.5%$68.75$40.94$69.03
2020-02-122020-02-132 days-0.8%$67.53$66.99$68.21
2020-02-072020-02-104 days-0.4%$67.27$67.02$67.46
2020-01-312020-02-056 days-0.9%$66.92$66.31$67.13
2020-01-242020-01-285 days-0.1%$65.96$65.87$66.17
2020-01-172020-01-215 days-0.1%$64.77$64.72$65.05
2019-06-252020-01-16206 days-8.7%$64.32$58.75$64.77
2019-06-172019-06-182 days-0.1%$61.54$61.47$61.72
2019-05-282019-06-1418 days-4.0%$61.43$58.95$61.54
2019-05-142019-05-174 days-0.8%$59.82$59.32$60.02
2019-05-072019-05-104 days-1.2%$58.49$57.80$58.98
2019-03-282019-05-0337 days-4.8%$58.21$55.41$58.29
2019-03-122019-03-2514 days-2.5%$57.32$55.87$57.58
2019-03-052019-03-062 days-0.2%$56.34$56.25$56.42
2019-02-252019-03-015 days-0.8%$55.71$55.24$56.31
2019-02-132019-02-208 days-0.6%$54.71$54.41$54.87
2017-06-192019-02-08600 days-28.4%$53.24$38.12$53.94
2017-06-052017-06-1612 days-3.5%$52.86$50.99$53.24
2017-05-262017-05-316 days-0.1%$51.43$51.36$51.50
2017-05-092017-05-2416 days-2.3%$51.10$49.92$51.12
2017-04-272017-05-059 days-2.9%$50.49$49.03$50.96
2017-04-192017-04-268 days-1.8%$50.39$49.51$50.49
2017-04-132017-04-175 days-0.9%$49.91$49.49$50.04
2017-04-072017-04-115 days-0.3%$49.73$49.56$49.79
2017-03-202017-04-0416 days-2.3%$49.04$47.91$49.11
2017-03-162017-03-172 days-0.1%$48.86$48.81$49.04
2017-03-032017-03-1512 days-2.6%$48.26$46.98$48.86
2016-07-052017-02-21232 days-11.0%$46.14$41.06$46.53
2016-06-102016-06-3021 days-1.8%$45.39$44.56$45.39
2016-06-062016-06-072 days-0.3%$44.56$44.44$44.78
2016-05-052016-06-0330 days-5.1%$44.15$41.89$44.56
2016-04-042016-05-0431 days-7.0%$43.49$40.44$44.15
2016-03-312016-04-012 days-1.0%$43.45$43.00$43.49
2016-03-182016-03-2912 days-1.8%$42.43$41.69$43.36
2016-03-112016-03-176 days-1.3%$41.90$41.36$42.43
2014-07-012016-03-09618 days-36.7%$41.43$26.21$41.86
2014-06-202014-06-3011 days-1.0%$40.85$40.42$41.43
2014-06-062014-06-1712 days-2.0%$39.94$39.14$39.95
2014-04-172014-06-0550 days-4.3%$39.39$37.71$39.94
2014-03-192014-04-1629 days-4.2%$39.33$37.66$39.39
2014-03-052014-03-149 days-3.2%$38.56$37.33$38.87
2014-02-212014-03-0412 days-0.9%$38.02$37.68$38.56
2013-08-022014-01-16168 days-13.8%$35.95$30.97$36.22
2001-05-252012-09-244141 days-65.7%$22.78$7.81$22.84
2000-12-292001-03-3092 days-28.3%$17.49$12.55$17.85
1998-12-182000-08-11602 days-22.2%$9.73$7.56$9.81
1998-03-271998-09-01158 days-18.8%$8.80$7.14$9.00
1997-12-311998-03-1676 days-11.9%$8.24$7.26$8.30
1996-04-191996-09-04139 days-11.2%$5.40$4.80$5.45
1992-05-081996-03-041397 days-37.4%$5.36$3.35$5.38
1992-02-191992-04-2869 days-11.4%$4.88$4.32$4.91
1991-09-051991-12-0693 days-13.1%$4.34$3.77$4.38
1990-07-171990-12-04141 days-13.4%$3.02$2.61$3.06
1988-09-211989-06-07260 days-11.8%$2.57$2.27$2.58
1986-07-241988-04-05622 days-28.0%$2.39$1.72$2.41
1986-03-051986-07-17134 days-22.0%$2.31$1.80$2.33

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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Or explore current drawdowns:

Black Hills Corporation (BKH) is trading at $75.54 as of Jul 14, 2026. It is 1.7% below its high of $76.83. The drawdown has lasted 87 days. Severity score: 0.3 (Typical).

BKH Price History and Drawdown Data

Latest price

$75.54

High-water mark

$76.83

Current drawdown

-1.7%

Days in drawdown

87

This BKH page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Black Hills Corporation drawdowns.

What History Says About BKH

Black Hills Corporation has dropped 20%+ from its high 10 times in its tracked history. These events lasted an average of 1017 days with an average max drop of -34.6%.

The current drawdown of -1.7% has lasted 87 days, which is within the typical range for comparable events.

PeriodMax DropDuration
May 2001 to Sep 2012-65.7%4141 days
Feb 2020 to Apr 2022-40.5%791 days
May 1992 to Mar 1996-37.4%1397 days
Aug 2022 to Nov 2025-37.0%1174 days
Jul 2014 to Mar 2016-36.7%618 days
Jun 2017 to Feb 2019-28.4%600 days

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