BKH vs BXSL

Comparison between Black Hills Corporation (BKH, Company) and Blackstone Secured Lending Fund. (BXSL, Company).

BKH is from the Utilities sector, while BXSL is from the Financial Services sector.

5-Year PerformanceBXSL has outperformed BKH, delivering a return of +6.8% compared to +5.4%

BKH vs BXSL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BKH(COMPANY)	BXSL(COMPANY)
Market Cap	$5.49B	$5.48B
Max Drawdown	74.87%	41.26%
Sharpe Ratio	1.32	-1.02
5Y Beta	0.23	0.63
Industry	Utilities - Regulated Gas	Asset Management
P/E Ratio	16.78	12.43
Forward P/E	16.89	9.74
PEG Ratio	0.49	N/A
Dividend Yield	3.79%	13.10%
5Y Dividends CAGR	9.31%	N/A
5Y EPS CAGR	9.92%	N/A
Debt to Equity	111.59%	131.71%
Free Cash Flow Yield	-5.70%	-11.56%
P/S Ratio	2.42	3.96
P/B Ratio	1.40	0.90

Market Cap

Winner

BKH

$5.49B

BXSL

$5.48B

Max Drawdown

BKH

74.87%

Winner

BXSL

41.26%

Sharpe Ratio

Winner

BKH

1.32

BXSL

-1.02

5Y Beta

Winner

BKH

0.23

BXSL

0.63

Industry

BKH

Utilities - Regulated Gas

BXSL

Asset Management

P/E Ratio

BKH

16.78

Winner

BXSL

12.43

Forward P/E

BKH

16.89

Winner

BXSL

9.74

PEG Ratio

BKH

0.49

BXSL

N/A

Dividend Yield

BKH

3.79%

Winner

BXSL

13.10%

5Y Dividends CAGR

BKH

9.31%

BXSL

N/A

5Y EPS CAGR

BKH

9.92%

BXSL

N/A

Debt to Equity

Winner

BKH

111.59%

BXSL

131.71%

Free Cash Flow Yield

Winner

BKH

-5.70%

BXSL

-11.56%

P/S Ratio

Winner

BKH

2.42

BXSL

3.96

P/B Ratio

BKH

1.40

Winner

BXSL

0.90

BKH vs BXSL - Historical Returns

Returns include dividend reinvestment.

Period	BKH	BXSL
1 month	-1.84%	-0.39%
3 months	+7.91%	-1.86%
6 months	+7.94%	-8.90%
1 year	+33.14%	-15.76%
5 years(CAGR)	+5.40%	+6.80%
10 years(CAGR)	+5.32%	N/A
Max(CAGR)	+8.54%	+6.80%

BKH

-1.84%

Winner

BXSL

-0.39%

Winner

BKH

+7.91%

BXSL

-1.86%

Winner

BKH

+7.94%

BXSL

-8.90%

Winner

BKH

+33.14%

BXSL

-15.76%

5Y(CAGR)

BKH

+5.40%

Winner

BXSL

+6.80%

10Y(CAGR)

BKH

+5.32%

BXSL

N/A

Max(CAGR)

Winner

BKH

+8.54%

BXSL

+6.80%

BKH vs BXSL - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	BKH	BXSL
2026	+6.72%	-9.72%
2025	+24.80%	-9.91%
2024	+10.92%	+28.00%
2023	-20.06%	+37.79%
2022	+4.06%	-19.73%
2021	+21.67%	+24.98%
2020	-17.09%	N/A
2019	+31.76%	N/A
2018	+9.74%	N/A
2017	+2.14%	N/A
2016	+35.30%	N/A
2015	-9.44%	N/A
2014	+5.87%	N/A
2013	+43.60%	N/A
2012	+14.70%	N/A
2011	+15.71%	N/A
2010	+17.18%	N/A
2009	+3.80%	N/A
2008	-34.62%	N/A
2007	+20.65%	N/A
2006	+8.82%	N/A
2005	+19.16%	N/A
2004	+7.16%	N/A
2003	+16.03%	N/A
2002	-16.62%	N/A
2001	-8.60%	N/A
2000	+113.35%	N/A
1999	-2.62%	N/A

BKH vs BXSL Drawdown Comparison

The maximum drawdown for BKH was -65.69%, occurring on Mar 9, 2009. Recovery took 2850 trading sessions.

The maximum drawdown for BXSL was -36.82%, occurring on Jul 6, 2022. Recovery took 543 trading sessions.

The current BKH drawdown is -4.17%. The current BXSL drawdown is -22.66%.

Rank	BKH	BXSL
#1	-65.69% May 24, 2001 - Sep 21, 2012	-36.82% Dec 23, 2021 - Feb 23, 2024
#2	-40.45% Feb 18, 2020 - Apr 20, 2022	-24.22% Feb 19, 2025 - Mar 27, 2026
#3	-36.98% Aug 19, 2022 - Nov 7, 2025	-9.31% May 6, 2024 - Oct 21, 2024
#4	-36.72% Jun 30, 2014 - Mar 9, 2016	-8.87% Nov 11, 2021 - Dec 13, 2021
#5	-28.42% Jun 16, 2017 - Feb 8, 2019	-6.19% Dec 13, 2021 - Dec 23, 2021
#6	-28.25% Dec 28, 2000 - Mar 30, 2001	-3.71% Oct 24, 2024 - Nov 22, 2024
#7	-17.96% Feb 9, 2000 - Jun 20, 2000	-3.41% Nov 29, 2024 - Dec 24, 2024
#8	-15.82% Apr 20, 2022 - Aug 18, 2022	-2.92% Jan 2, 2025 - Jan 16, 2025
#9	-13.84% Aug 1, 2013 - Jan 16, 2014	-2.43% Mar 13, 2024 - Mar 21, 2024
#10	-11.22% Jun 20, 2000 - Aug 11, 2000	-2.25% Mar 28, 2024 - Apr 18, 2024
#11	-11.02% Jul 1, 2016 - Feb 21, 2017	-1.66% Feb 3, 2025 - Feb 12, 2025
#12	-10.93% Apr 16, 2026 - Jun 9, 2026	-1.31% Apr 29, 2024 - May 1, 2024
#13	-10.45% Mar 4, 2026 - Apr 14, 2026	-1.14% Feb 27, 2024 - Mar 6, 2024
#14	-10.04% Nov 1, 1999 - Dec 1, 1999	-0.73% Oct 21, 2024 - Oct 24, 2024
#15	-8.67% Jun 24, 2019 - Jan 16, 2020	-0.60% Dec 27, 2024 - Jan 2, 2025

Correlation

Correlation between BKH and BXSL is -0.03 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.03

-101

Dividend Comparison (1999 - 2026)

BKH vs BXSL dividend yield comparison.

Year	BKH	BXSL
2026	1.93%	3.31%
2025	3.90%	11.70%
2024	4.44%	9.53%
2023	4.63%	10.64%
2022	3.43%	13.02%
2021	3.25%	1.56%
2020	3.53%	0.00%
2019	2.61%	0.00%
2018	3.07%	0.00%
2017	3.01%	0.00%
2016	2.74%	0.00%
2015	3.49%	0.00%
2014	2.94%	0.00%
2013	2.89%	0.00%
2012	4.07%	0.00%
2011	4.35%	0.00%
2010	4.80%	0.00%
2009	5.33%	0.00%
2008	5.19%	0.00%
2007	3.11%	0.00%
2006	3.57%	0.00%
2005	3.70%	0.00%
2004	4.04%	0.00%
2003	4.02%	0.00%
2002	4.37%	0.00%
2001	3.31%	0.00%
2000	2.41%	0.00%
1999	1.17%	0.00%