Biglari Holdings Inc. (BH.A)

Biglari Holdings Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-	-25.78	21.14	-82.53	35.48	-49.83
Depreciation & Amortization	-	-	-	-	30.05	-
Other Adjustments	-	-14.84	-63.65	10.24	173.02	45.41
Change in Receivables	-	-	-	-	-	19.89
Changes in Accounts Payable	-	-0.02	0.03	0.01	-	0.05
Changes in Accrued Expenses	-	-0.03	0.03	0.14	-0.59	-0.37
Changes in Other Operating Activities	-	3.29	17.06	67.25	-9.19	-
Operating Cash Flow	107.18	-38.4	-25.39	-4.89	228.77	15.15
Operating Cash Flow Growth	104.52%	-	-	-	1410.10%	-96.14%
Capital Expenditures	-18.95	-	-	-	-64.55	-
Sale of Property, Plant & Equipment	17.97	-	-	-	10.1	-
Purchases of Investments	-93.34	-	-	-	-122.5	-
Proceeds from Sale of Investments	58.12	-	-	-	118.42	-
Investing Cash Flow	-36.2	-	-	-	-58.53	-
Short-Term Debt Issued	43	-	-	-	-	-
Short-Term Debt Repaid	-73	-	-	-	-	-
Net Short-Term Debt Issued (Repaid)	-30	-	-	-	-	-
Long-Term Debt Repaid	-	-	-	-	-149.95	-112
Net Long-Term Debt Issued (Repaid)	-	-	-	-	-149.95	-112
Other Financing Activities	-4.28	38.79	26.03	-24.7	-6.21	-41.78
Financing Cash Flow	222.64	38.79	26.03	-24.7	-156.16	-153.78
Net Cash Flow	293.62	0.39	0.64	-29.6	14.09	-138.63
Free Cash Flow	88.23	-38.4	-25.39	-4.89	164.22	15.15
Free Cash Flow Growth	-	-	-	-	984.01%	-96.14%
FCF Margin	-	-	-	-	44.86%	-
Free Cash Flow Per Share	333.54	-137.45	-87.54	-16.42	517.63	43.89
Levered Free Cash Flow	-48.95	3.24	17.13	67.39	-158.75	-112.32
Unlevered Free Cash Flow	-18.95	3.24	17.13	67.39	-23.37	-0.32

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q