BKH vs. EMR
BKH (Black Hills Corporation) and EMR (Emerson Electric Co.) are both stocks. BKH operates in Utilities - Diversified (Utilities), while EMR operates in Specialty Industrial Machinery (Industrials). Over the past 10 years, BKH returned 5.65%/yr vs 12.47%/yr for EMR. At a 0.24 correlation, their price movements are largely independent.
Performance
BKH vs. EMR - Performance Comparison
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Returns By Period
In the year-to-date period, BKH achieves a 10.42% return, which is significantly higher than EMR's 5.47% return. Over the past 10 years, BKH has underperformed EMR with an annualized return of 5.65%, while EMR has yielded a comparatively higher 12.47% annualized return.
BKH
- 1D
- 2.63%
- 1M
- 4.78%
- 6M
- 8.39%
- YTD
- 10.42%
- 1Y
- 37.47%
- 3Y*
- 13.82%
- 5Y*
- 6.67%
- 10Y*
- 5.65%
EMR
- 1D
- 0.78%
- 1M
- -2.26%
- 6M
- -2.93%
- YTD
- 5.47%
- 1Y
- 0.74%
- 3Y*
- 16.91%
- 5Y*
- 9.48%
- 10Y*
- 12.47%
BKH vs. EMR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BKH Black Hills Corporation | 10.42% | 23.93% | 13.57% | -19.95% | 3.08% | 18.86% | -19.05% | 28.60% | 7.98% | 0.81% |
EMR Emerson Electric Co. | 5.47% | 8.92% | 29.73% | 3.75% | 5.74% | 18.19% | 8.61% | 31.53% | -11.87% | 29.05% |
Correlation
The correlation between BKH and EMR is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Sep 7, 1984 | 0.24 |
Over the past year, the correlation between BKH and EMR has dropped to 0.02 - well below their long-term average of 0.24, suggesting their price drivers have been diverging.
Fundamentals
BKH:
$5.73B
EMR:
$77.79B
BKH:
$2.08
EMR:
$4.33
BKH:
36.17
EMR:
32.05
BKH:
21.58
EMR:
11.39
BKH:
2.46
EMR:
4.28
BKH:
$2.29B
EMR:
$18.32B
BKH:
$596.90M
EMR:
$7.22B
BKH:
$554.70M
EMR:
$3.87B
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Return for Risk
BKH vs. EMR — Risk / Return Rank
BKH
EMR
BKH vs. EMR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Black Hills Corporation (BKH) and Emerson Electric Co. (EMR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BKH | EMR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.60 | ||
| Sortino ratioReturn per unit of downside risk | +2.04 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.03 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 3.31 | 0.01 | +3.30 |
| Martin ratioReturn relative to average drawdown | 9.97 | 0.03 | +9.94 |
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Drawdowns
BKH vs. EMR - Drawdown Comparison
The maximum BKH drawdown since its inception was -65.72%, which is greater than EMR's maximum drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for BKH and EMR.
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Drawdown Indicators
| BKH | EMR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.72% | -59.05% | -6.67% |
Max Drawdown (1Y)Largest decline over 1 year | -10.94% | -23.45% | +12.51% |
Max Drawdown (3Y)Largest decline over 3 years | -21.24% | -29.62% | +8.38% |
Max Drawdown (5Y)Largest decline over 5 years | -36.98% | -29.62% | -7.36% |
Max Drawdown (10Y)Largest decline over 10 years | -40.45% | -50.77% | +10.32% |
Current DrawdownCurrent decline from peak | -1.18% | -13.43% | +12.25% |
Average DrawdownAverage peak-to-trough decline | -16.17% | -14.11% | -2.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.63% | 11.19% | -7.56% |
Volatility
BKH vs. EMR - Volatility Comparison
The current volatility for Black Hills Corporation (BKH) is 8.41%, while Emerson Electric Co. (EMR) has a volatility of 9.73%. This indicates that BKH experiences smaller price fluctuations and is considered to be less risky than EMR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BKH | EMR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.41% | 9.73% | -1.32% |
Volatility (6M)Calculated over the trailing 6-month period | 17.95% | 25.19% | -7.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.47% | 31.04% | -8.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.43% | 27.42% | -4.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.57% | 29.12% | -3.55% |
Dividends
BKH vs. EMR - Dividend Comparison
BKH's dividend yield for the trailing twelve months is around 3.67%, more than EMR's 1.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BKH Black Hills Corporation | 3.67% | 3.90% | 4.44% | 4.63% | 3.43% | 3.25% | 3.53% | 2.61% | 3.07% | 3.01% | 2.74% | 3.49% |
EMR Emerson Electric Co. | 1.58% | 1.61% | 1.70% | 2.14% | 2.15% | 2.18% | 2.49% | 2.58% | 3.26% | 2.76% | 3.42% | 3.94% |
Financials
BKH vs. EMR - Financials Comparison
This section allows you to compare key financial metrics between Black Hills Corporation and Emerson Electric Co.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BKH vs. EMR - Profitability Comparison
BKH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Black Hills Corporation reported a gross profit of 0.00 and revenue of 780.70M. Therefore, the gross margin over that period was 0.0%.
EMR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Emerson Electric Co. reported a gross profit of 0.00 and revenue of 4.56B. Therefore, the gross margin over that period was 0.0%.
BKH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Black Hills Corporation reported an operating income of 201.90M and revenue of 780.70M, resulting in an operating margin of 25.9%.
EMR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Emerson Electric Co. reported an operating income of 0.00 and revenue of 4.56B, resulting in an operating margin of 0.0%.
BKH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Black Hills Corporation reported a net income of -2.10M and revenue of 780.70M, resulting in a net margin of -0.3%.
EMR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Emerson Electric Co. reported a net income of 618.00M and revenue of 4.56B, resulting in a net margin of 13.6%.
Frequently Asked Questions
BKH and EMR have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EMR has higher volatility (9.73%) compared to BKH (8.41%). In terms of maximum drawdown, BKH dropped -65.72% vs EMR's -59.05%.
BKH currently has the higher Sharpe Ratio (1.62 vs 0.01), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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