Black Hills (BKH) - Market capitalization

Market cap: NZ$9.26 Billion

As of February 2026 Black Hills has a market cap of NZ$9.26 Billion. This makes Black Hills the world's 2974th 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 2026

End of year Market Cap

Year	Marketcap	Change
2026	NZ$9.26 B	2.56%
2025	NZ$9.03 B	21.56%
2024	NZ$7.43 B	28.1%
2023	NZ$5.80 B	-19.55%
2022	NZ$7.20 B	9.35%
2021	NZ$6.59 B	23.39%
2020	NZ$5.34 B	-25.46%
2019	NZ$7.16 B	27.66%
2018	NZ$5.61 B	24.06%
2017	NZ$4.52 B	-3.82%
2016	NZ$4.70 B	35.52%
2015	NZ$3.47 B	14.84%
2014	NZ$3.02 B	6.35%
2013	NZ$2.84 B	45.61%
2012	NZ$1.95 B	15%
2011	NZ$1.69 B	11.21%
2010	NZ$1.52 B	6.88%
2009	NZ$1.42 B	-20.02%
2008	NZ$1.78 B	-17.91%
2007	NZ$2.17 B	24.37%
2006	NZ$1.74 B	4.22%
2005	NZ$1.67 B	20.23%
2004	NZ$1.39 B	-6.22%
2003	NZ$1.48 B	9.1%
2002	NZ$1.36 B	-37.16%
2001	NZ$2.17 B	-7.7%
2000	NZ$2.35 B	154.95%
1999	NZ$0.92 B	-15.09%
1998	NZ$1.08 B	23.66%
1997	NZ$0.87 B	52.88%
1996	NZ$0.57 B

End of Day market cap according to different sources

On Feb 16th, 2026 the market cap of Black Hills was reported to be:

NZ$9.26 Billion

by Nasdaq

NZ$9.26 Billion

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Alliant Energy LNT	NZ$30.33 B	227.43%	🇺🇸 USA
Ameren AEE	NZ$50.83 B	448.80%	🇺🇸 USA
CenterPoint Energy CNP	NZ$46.01 B	396.70%	🇺🇸 USA
CMS Energy CMS	NZ$38.97 B	320.74%	🇺🇸 USA
Exelon Corporation EXC	NZ$81.15 B	776.09%	🇺🇸 USA
Duke Energy DUK	NZ$165.24 B	1,683.82%	🇺🇸 USA
Xcel Energy XEL	NZ$79.99 B	763.56%	🇺🇸 USA
MDU Resources MDU	NZ$7.44 B	-19.59%	🇺🇸 USA
NorthWestern Corporation NWE	NZ$7.09 B	-23.39%	🇺🇸 USA
Avista AVA	NZ$5.81 B	-37.28%	🇺🇸 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: NZ$9.26 Billion