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Side-by-side financial comparison of BLACK HILLS CORP (BKH) and BrightView Holdings, Inc. (BV). Click either name above to swap in a different company.

BrightView Holdings, Inc. is the larger business by last-quarter revenue ($702.9M vs $241.6M, roughly 2.9× BLACK HILLS CORP). BLACK HILLS CORP runs the higher net margin — 55.1% vs 0.2%, a 54.8% gap on every dollar of revenue. On growth, BrightView Holdings, Inc. posted the faster year-over-year revenue change (6.1% vs -3.0%). Over the past eight quarters, BrightView Holdings, Inc.'s revenue compounded faster (-1.8% CAGR vs -22.0%).

Black Hills Corporation is an American diversified energy company that is an electric and gas utility in South Dakota, Montana, Wyoming, Colorado, Arkansas, Kansas, Nebraska, and Iowa. The company sells power throughout the American West. The company is based in Rapid City, South Dakota. It derives its name from its home in the Black Hills of South Dakota.

BrightView Holdings, Inc. is a leading US commercial landscaping services provider. It offers solutions including landscape design, installation, maintenance, irrigation management, and snow and ice removal, serving corporate campuses, retail centers, residential communities, and public sector properties.

BKH vs BV — Head-to-Head

Bigger by revenue
BV
BV
2.9× larger
BV
$702.9M
$241.6M
BKH
Growing faster (revenue YoY)
BV
BV
+9.1% gap
BV
6.1%
-3.0%
BKH
Higher net margin
BKH
BKH
54.8% more per $
BKH
55.1%
0.2%
BV
Faster 2-yr revenue CAGR
BV
BV
Annualised
BV
-1.8%
-22.0%
BKH

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
BKH
BKH
BV
BV
Revenue
$241.6M
$702.9M
Net Profit
$133.1M
$1.7M
Gross Margin
19.6%
Operating Margin
83.6%
2.3%
Net Margin
55.1%
0.2%
Revenue YoY
-3.0%
6.1%
Net Profit YoY
-2.4%
-73.4%
EPS (diluted)
$1.73

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BKH
BKH
BV
BV
Q2 26
$702.9M
Q1 26
$241.6M
$614.7M
Q4 25
$622.7M
$614.7M
Q3 25
$427.4M
$702.7M
Q2 25
$435.7M
$708.3M
Q1 25
$800.4M
$662.6M
Q4 24
$585.1M
$599.2M
Q3 24
$398.6M
$728.7M
Net Profit
BKH
BKH
BV
BV
Q2 26
$1.7M
Q1 26
$133.1M
Q4 25
$104.9M
$-15.2M
Q3 25
$24.9M
$27.7M
Q2 25
$27.5M
$32.3M
Q1 25
$134.3M
$6.4M
Q4 24
$98.0M
$-10.4M
Q3 24
$24.4M
$25.6M
Gross Margin
BKH
BKH
BV
BV
Q2 26
19.6%
Q1 26
18.6%
Q4 25
18.6%
Q3 25
25.1%
Q2 25
24.1%
Q1 25
22.3%
Q4 24
21.2%
Q3 24
25.0%
Operating Margin
BKH
BKH
BV
BV
Q2 26
2.3%
Q1 26
83.6%
Q4 25
27.5%
-1.2%
Q3 25
18.4%
7.9%
Q2 25
18.9%
8.1%
Q1 25
25.6%
3.4%
Q4 24
27.9%
-0.1%
Q3 24
19.0%
7.1%
Net Margin
BKH
BKH
BV
BV
Q2 26
0.2%
Q1 26
55.1%
Q4 25
16.8%
-2.5%
Q3 25
5.8%
3.9%
Q2 25
6.3%
4.6%
Q1 25
16.8%
1.0%
Q4 24
16.7%
-1.7%
Q3 24
6.1%
3.5%
EPS (diluted)
BKH
BKH
BV
BV
Q2 26
Q1 26
$1.73
Q4 25
$1.39
$-0.26
Q3 25
$0.34
$0.21
Q2 25
$0.38
$0.15
Q1 25
$1.87
$-0.03
Q4 24
$1.36
$-0.20
Q3 24
$0.35
$0.20

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BKH
BKH
BV
BV
Cash + ST InvestmentsLiquidity on hand
$10.1M
Total DebtLower is stronger
Stockholders' EquityBook value
Total Assets
$3.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BKH
BKH
BV
BV
Q2 26
$10.1M
Q1 26
$37.0M
Q4 25
$182.8M
$37.0M
Q3 25
$21.1M
$74.5M
Q2 25
$8.1M
$79.1M
Q1 25
$6.6M
$141.3M
Q4 24
$16.1M
$98.3M
Q3 24
$12.5M
$140.4M
Total Debt
BKH
BKH
BV
BV
Q2 26
Q1 26
Q4 25
$801.1M
Q3 25
$790.2M
Q2 25
$790.7M
Q1 25
$798.9M
Q4 24
$796.5M
Q3 24
$802.5M
Stockholders' Equity
BKH
BKH
BV
BV
Q2 26
Q1 26
Q4 25
$3.8B
$1.3B
Q3 25
$3.8B
$1.3B
Q2 25
$3.6B
$1.3B
Q1 25
$3.6B
$1.3B
Q4 24
$3.5B
$1.3B
Q3 24
$3.4B
$1.3B
Total Assets
BKH
BKH
BV
BV
Q2 26
$3.4B
Q1 26
$3.3B
Q4 25
$10.9B
$3.3B
Q3 25
$10.3B
$3.4B
Q2 25
$10.1B
$3.4B
Q1 25
$10.1B
$3.3B
Q4 24
$10.0B
$3.3B
Q3 24
$9.7B
$3.4B
Debt / Equity
BKH
BKH
BV
BV
Q2 26
Q1 26
Q4 25
0.64×
Q3 25
0.61×
Q2 25
0.62×
Q1 25
0.63×
Q4 24
0.63×
Q3 24
0.63×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BKH
BKH
BV
BV
Operating Cash FlowLast quarter
$82.3M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
7.8%
Cash ConversionOCF / Net Profit
48.41×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BKH
BKH
BV
BV
Q2 26
$82.3M
Q1 26
$36.1M
Q4 25
$168.1M
$36.1M
Q3 25
$88.9M
$84.4M
Q2 25
$188.6M
$55.7M
Q1 25
$227.8M
$91.2M
Q4 24
$153.2M
$60.5M
Q3 24
$102.1M
$53.5M
Free Cash Flow
BKH
BKH
BV
BV
Q2 26
Q1 26
Q4 25
$-101.5M
$-18.6M
Q3 25
$-89.5M
$26.0M
Q2 25
$-30.3M
$-47.8M
Q1 25
$74.9M
$57.6M
Q4 24
$-60.5M
$1.8M
Q3 24
$-86.0M
$21.1M
FCF Margin
BKH
BKH
BV
BV
Q2 26
Q1 26
Q4 25
-16.3%
-3.0%
Q3 25
-20.9%
3.7%
Q2 25
-7.0%
-6.7%
Q1 25
9.4%
8.7%
Q4 24
-10.3%
0.3%
Q3 24
-21.6%
2.9%
Capex Intensity
BKH
BKH
BV
BV
Q2 26
7.8%
Q1 26
7.9%
Q4 25
43.3%
8.9%
Q3 25
41.7%
8.3%
Q2 25
50.2%
14.6%
Q1 25
19.1%
5.1%
Q4 24
36.5%
9.8%
Q3 24
47.2%
4.4%
Cash Conversion
BKH
BKH
BV
BV
Q2 26
48.41×
Q1 26
Q4 25
1.60×
Q3 25
3.57×
3.05×
Q2 25
6.86×
1.72×
Q1 25
1.70×
14.25×
Q4 24
1.56×
Q3 24
4.18×
2.09×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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