Biglari Holdings Inc. (BH)

Biglari Holdings Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	289.42	298.05	303.69	307.5	381
Other Revenue	72.69	67.27	64.54	58.61	52.68
Revenue	362.11	365.32	368.23	366.11	433.68
Revenue Growth (YoY)	-0.88%	-0.79%	0.58%	-15.58%	-35.16%
Cost of Revenue	162.12	157.19	160.8	180.24	257.51
Gross Profit	138.62	155.36	152.78	142.78	136.95
Selling, General & Admin	75.67	77	70.61	76.02	76.36
Operating Expenses	115.51	115.98	107.05	106.07	108.58
Operating Income	23.11	39.38	45.73	36.71	28.37
Interest Expense	-6.13	-5.8	-5.89	-7.16	-15.54
Interest & Investment Income	0.34	2.21	-	6.4	3.64
EBT Excluding Unusual Items	17.31	35.79	39.84	35.95	16.48
Impairment of Goodwill	-	-	-	-	-0.3
Gain (Loss) on Sale of Investments	-41.06	19.44	-79.35	10.95	-43.03
Gain (Loss) on Sale of Assets	16.7	13.56	-	-	-
Asset Writedown	-1.11	-3.95	-3.52	-4.64	-23.35
Pretax Income	-8.15	64.85	-43.03	42.27	-50.2
Income Tax Expense	-4.4	9.31	-10.72	6.79	-12.21
Earnings From Continuing Operations	-3.76	55.54	-32.31	35.48	-37.99
Minority Interest in Earnings	-	-0.59	0.29	-	-
Net Income	-3.76	54.95	-32.02	35.48	-37.99
Net Income to Common	-3.76	54.95	-32.02	35.48	-37.99
Shares Outstanding (Basic)	0	0	0	0	0
Shares Outstanding (Diluted)	0	0	0	0	0
Shares Change (YoY)	-3.66%	-2.70%	-6.06%	-8.09%	0.13%
EPS (Basic)	-13.45	189.49	-107.43	111.83	-110.05
EPS (Diluted)	-13.45	189.49	-107.43	111.83	-110.05
Free Cash Flow	19.07	49.6	98.08	164.22	96.85
Free Cash Flow Per Share	68.24	171.03	329.09	517.63	280.58
Gross Margin	38.28%	42.53%	41.49%	39.00%	31.58%
Operating Margin	6.38%	10.78%	12.42%	10.03%	6.54%
Profit Margin	-1.04%	15.04%	-8.70%	9.69%	-8.76%
Free Cash Flow Margin	5.27%	13.58%	26.63%	44.86%	22.33%
EBITDA	62.95	78.35	82.17	66.76	60.59
EBITDA Margin	17.38%	21.45%	22.32%	18.23%	13.97%
D&A For EBITDA	39.84	38.98	36.44	30.05	32.22
EBIT	23.11	39.38	45.73	36.71	28.37
EBIT Margin	6.38%	10.78%	12.42%	10.03%	6.54%
Effective Tax Rate	-	14.35%	-	16.06%	-
Revenue as Reported	362.11	365.32	368.23	366.11	433.68

Updated Mar 2, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q