BKH vs. SWK
BKH (Black Hills Corporation) and SWK (Stanley Black & Decker, Inc.) are both stocks. BKH operates in Utilities - Diversified (Utilities), while SWK operates in Tools & Accessories (Industrials). Over the past 10 years, BKH returned 5.35%/yr vs 0.53%/yr for SWK. At a 0.25 correlation, their price movements are largely independent.
Performance
BKH vs. SWK - Performance Comparison
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Returns By Period
In the year-to-date period, BKH achieves a 7.06% return, which is significantly lower than SWK's 18.74% return. Over the past 10 years, BKH has outperformed SWK with an annualized return of 5.35%, while SWK has yielded a comparatively lower 0.53% annualized return.
BKH
- 1D
- 0.23%
- 1M
- -1.84%
- YTD
- 7.06%
- 6M
- 7.93%
- 1Y
- 36.06%
- 3Y*
- 11.84%
- 5Y*
- 5.86%
- 10Y*
- 5.35%
SWK
- 1D
- -0.51%
- 1M
- 14.09%
- YTD
- 18.74%
- 6M
- 17.23%
- 1Y
- 39.81%
- 3Y*
- 3.50%
- 5Y*
- -12.25%
- 10Y*
- 0.53%
BKH vs. SWK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BKH Black Hills Corporation | 7.06% | 23.93% | 13.57% | -19.95% | 3.08% | 18.86% | -19.05% | 28.60% | 7.98% | 0.81% |
SWK Stanley Black & Decker, Inc. | 18.74% | -3.17% | -15.19% | 35.55% | -58.92% | 7.28% | 9.73% | 41.18% | -28.13% | 50.50% |
Correlation
The correlation between BKH and SWK is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 1985 | 0.25 |
Fundamentals
BKH:
$2.10
SWK:
$2.65
BKH:
34.80
SWK:
32.63
BKH:
2.36
SWK:
0.87
BKH:
$2.29B
SWK:
$15.13B
BKH:
$596.90M
SWK:
$4.52B
BKH:
$554.70M
SWK:
$1.39B
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Return for Risk
BKH vs. SWK — Risk / Return Rank
BKH
SWK
BKH vs. SWK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Black Hills Corporation (BKH) and Stanley Black & Decker, Inc. (SWK). 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 | SWK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.58 | ||
| Sortino ratioReturn per unit of downside risk | +0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.20 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.31 | 1.53 | +1.78 |
| Martin ratioReturn relative to average drawdown | 10.11 | 3.39 | +6.71 |
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Drawdowns
BKH vs. SWK - Drawdown Comparison
The maximum BKH drawdown since its inception was -65.72%, smaller than the maximum SWK drawdown of -71.31%. Use the drawdown chart below to compare losses from any high point for BKH and SWK.
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Drawdown Indicators
| BKH | SWK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.72% | -71.31% | +5.59% |
Max Drawdown (1Y)Largest decline over 1 year | -10.94% | -26.14% | +15.20% |
Max Drawdown (3Y)Largest decline over 3 years | -21.24% | -48.31% | +27.07% |
Max Drawdown (5Y)Largest decline over 5 years | -36.98% | -69.86% | +32.88% |
Max Drawdown (10Y)Largest decline over 10 years | -40.45% | -71.31% | +30.86% |
Current DrawdownCurrent decline from peak | -4.18% | -53.04% | +48.86% |
Average DrawdownAverage peak-to-trough decline | -16.19% | -19.48% | +3.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.58% | 11.76% | -8.18% |
Volatility
BKH vs. SWK - Volatility Comparison
Black Hills Corporation (BKH) and Stanley Black & Decker, Inc. (SWK) have volatilities of 10.76% and 10.72%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BKH | SWK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.76% | 10.72% | +0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 18.01% | 27.63% | -9.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.22% | 38.09% | -15.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.40% | 37.80% | -15.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.55% | 36.76% | -11.21% |
Dividends
BKH vs. SWK - Dividend Comparison
BKH's dividend yield for the trailing twelve months is around 3.78%, less than SWK's 3.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BKH Black Hills Corporation | 3.78% | 3.90% | 4.44% | 4.63% | 3.43% | 3.25% | 3.53% | 2.61% | 3.07% | 3.01% | 2.74% | 3.49% |
SWK Stanley Black & Decker, Inc. | 3.85% | 4.44% | 4.06% | 3.28% | 4.23% | 1.58% | 1.56% | 1.63% | 2.15% | 1.43% | 1.97% | 2.01% |
Financials
BKH vs. SWK - Financials Comparison
This section allows you to compare key financial metrics between Black Hills Corporation and Stanley Black & Decker, Inc.. 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. SWK - Profitability Comparison
BKH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
SWK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Stanley Black & Decker, Inc. reported a gross profit of 1.22B and revenue of 3.68B. Therefore, the gross margin over that period was 33.2%.
BKH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Black Hills Corporation reported an operating income of 201.90M and revenue of 780.70M, resulting in an operating margin of 25.9%.
SWK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Stanley Black & Decker, Inc. reported an operating income of 366.80M and revenue of 3.68B, resulting in an operating margin of 10.0%.
BKH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Black Hills Corporation reported a net income of -2.10M and revenue of 780.70M, resulting in a net margin of -0.3%.
SWK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Stanley Black & Decker, Inc. reported a net income of 158.20M and revenue of 3.68B, resulting in a net margin of 4.3%.
Frequently Asked Questions
BKH and SWK have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BKH has higher volatility (10.76%) compared to SWK (10.72%). In terms of maximum drawdown, BKH dropped -65.72% vs SWK's -71.31%.
BKH currently has the higher Sharpe Ratio (1.63 vs 1.05), 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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