Biglari Holdings Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '26 Mar 4, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Cap	1,141	158	102	86	88	69
Market Cap Growth	55.86%	54.18%	18.83%	-2.64%	28.21%	1843.75%
Enterprise Value	1,162	174.31	101.65	106.63	58.82	230.92
Last Close Price	1817.83	254.29	164.93	138.80	142.57	111.20
PE Ratio	-	-18.91	0.87	-1.29	1.27	-1.01
PS Ratio	2.89	-	-	-	0.24	-
PB Ratio	2.16	0.28	-	0.16	-	0.12
P/TBV Ratio	0.83	0.12	-	0.08	-	0.07
P/FCF Ratio	14.90	-4.11	-4.03	-17.60	0.54	4.56
P/OCF Ratio	10.67	-4.11	-4.03	-17.60	0.39	4.56
EV/Sales Ratio	2.94	-	-	-	0.16	-
EV/EBITDA Ratio	18.57	-	-	-	1.07	-
EV/EBIT Ratio	53.31	-	-	-	2.36	-
EV/FCF Ratio	15.17	-4.54	-4.00	-21.78	0.36	15.24
Debt / Equity Ratio	0.60	0.26	-	0.21	-	0.50
Debt / FCF Ratio	3.94	-3.91	-	-24.27	-	18.57
Net Debt / Equity Ratio	-0.04	0.03	-	0.02	-	0.29
Net Debt / EBITDA Ratio	-	-	-	-	-0.54	-
Net Debt / FCF Ratio	-0.25	-0.43	0.03	-2.43	-0.18	10.69
Asset Turnover	-	0	0	0	0.46	0
Inventory Turnover	-	0	0	0	163.19	0
Quick Ratio	2.73	1.08	0.00	1.01	0.23	0.48
Current Ratio	2.83	1.16	0.00	1.12	0.23	0.51
Return on Equity (ROE)	-	0.00%	0.00%	0.00%	12.56%	0.00%
Return on Assets (ROA)	-	0.00%	0.00%	0.00%	2.64%	0.00%
Return on Invested Capital (ROIC)	-	0.00%	0.00%	0.00%	3.12%	0.00%
Return on Capital Employed (ROCE)	-	0.00%	0.00%	0.00%	4.28%	0.00%
Earnings Yield	-3.28%	-5.29%	114.89%	-77.40%	78.44%	-98.97%
FCF Yield	6.71%	-24.33%	-24.80%	-5.68%	185.60%	21.95%

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

SEC Filings: 10-K · 10-Q