Biglari Holdings Inc. (BH)

Biglari Holdings Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	364.59	365.32	368.23	366.11	433.68	668.84
Revenue Growth (YoY)	-2.26%	-0.79%	0.58%	-15.58%	-35.16%	-17.42%
Cost of Revenue	212.77	209.96	215.45	223.33	296.73	533.66
Gross Profit	151.82	155.36	152.78	142.78	136.95	135.18
Selling, General & Admin	78.01	77	70.61	76.02	76.36	100.15
Other Operating Expenses	28.33	29.36	39.96	34.69	55.87	37.76
Operating Expenses	106.34	106.37	110.57	110.7	132.23	137.91
Operating Income	45.48	48.99	42.21	32.07	4.72	-2.73
Interest Expense / Income	5.64	5.8	5.89	7.16	15.54	20.26
Other Expense / Income	30.82	-21.06	79.06	-17.35	39.39	-78.13
Pretax Income	9.03	64.26	-42.74	42.27	-50.2	55.14
Income Tax	-3.61	9.31	-10.72	6.79	-12.21	9.76
Net Income	12.64	54.95	-32.02	35.48	-37.99	45.38
Net Income Growth	-61.89%	-	-	-	-	134.01%
Shares Outstanding (Basic)	2	2	2	2	2	2
EPS (Basic)	44.70	189.49	-107.43	111.83	-110.05	131.64
EPS (Diluted)	44.70	189.49	-107.43	111.83	-110.05	131.64
EPS Growth	-62.72%	-	-	-	-	136.30%
Free Cash Flow	73.54	74.22	103.4	174.32	101.27	80.58
Free Cash Flow Per Share	32.32	32.62	45.44	76.61	44.50	35.41
Gross Margin	41.64%	42.53%	41.49%	39.00%	31.58%	20.21%
Operating Margin	12.47%	13.41%	11.46%	8.76%	1.09%	-0.41%
Profit Margin	3.47%	15.04%	-8.70%	9.69%	-8.76%	6.78%
Free Cash Flow Margin	20.17%	20.32%	28.08%	47.61%	23.35%	12.05%
Effective Tax Rate	-40.04%	14.49%	-	16.06%	-	17.70%
EBITDA	53.75	109.03	-0.41	79.48	-2.44	104.98
EBITDA Margin	14.74%	29.85%	-0.11%	21.71%	-0.56%	15.70%
Depreciation & Amortization	39.09	38.98	36.44	30.05	32.22	29.58
EBIT	14.66	70.05	-36.85	49.43	-34.67	75.4
EBIT Margin	4.02%	19.18%	-10.01%	13.50%	-7.99%	11.27%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).