Biglari Holdings Inc. (BH)
NYSE: BH · Real-Time Price · USD
399.31
+1.82 (0.46%)
Aug 3, 2026, 1:28 PM EDT - Market open
Biglari Holdings Financials Overview
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 397.71 | 395.26 | 362.11 | 365.32 | - | 366.11 |
Revenue Growth | 8.16% | 9.15% | -0.88% | - | - | - |
Gross Profit Gross Profit Growth | 153.28 | 149.42 | 138.62 | 155.36 | - | 142.78 |
Operating Income Operating Income Growth | -0.46 | -4.97 | -0.83 | 16.07 | - | 24.91 |
Net Income Net Income Growth | -18.74 | -37.49 | -3.76 | 54.95 | - | 35.48 |
Earnings Per Share EPS Growth | -72.76 | -143.86 | -13.45 | 189.49 | -107.43 | 111.83 |
EPS Growth | - | - | - | - | - | - |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Steak n Shake Steak n Shake Growth | 272.43 | 270.58 | 240.85 | 239.96 | 231.82 | 263.14 |
Western Sizzlin Western Sizzlin Growth | 10.24 | 10.29 | 10.6 | 10.9 | 9.75 | 8.16 |
First Guard First Guard Growth | 36.51 | 36.67 | 37.69 | 36.92 | 35.91 | 33.52 |
Southern Pioneer Southern Pioneer Growth | 33.67 | 33.47 | 28.12 | 24.31 | 24.04 | 21.89 |
Investment Income and Other Investment Income and Other Growth | 5.87 | 6.32 | 6.88 | 6.05 | 4.59 | 3.2 |
Abraxas Petroleum Abraxas Petroleum Growth | 17.23 | 17 | 22.59 | 27.58 | 11.46 | - |
Southern Oil Southern Oil Growth | 12.18 | 13.21 | 14.36 | 17.5 | 46.09 | 33 |
Maxim Maxim Growth | 9.57 | 7.72 | 1.03 | 2.12 | 4.58 | 3.2 |
Revenue (Total) Revenue (Total) Growth | 397.71 | 395.26 | 362.11 | 365.32 | - | 366.11 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 314.26 | 337.83 | 133.68 | 0.7 | 106.93 | 29.66 |
Total Debt Total Debt Growth | 357.71 | 358.64 | 150.19 | 0 | 118.83 | 0 |
Net Cash (Debt) Net Cash Growth | -43.45 | -20.81 | -16.5 | 0.7 | -11.89 | 29.66 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -167.19 | -79.84 | -59.07 | 2.42 | -39.90 | 93.48 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 111.5 | 106.96 | 49.66 | 73 | -4.89 | 228.77 |
Capital Expenditures CapEx Growth | -30.02 | -30.35 | -30.59 | -23.41 | - | -64.55 |
Free Cash Flow Free Cash Flow Growth | 81.48 | 76.61 | 19.07 | 49.6 | -4.89 | 164.22 |
Free Cash Flow Growth | 525.20% | 301.79% | -61.56% | - | - | 984.01% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 38.54% | 37.80% | 38.28% | 42.53% | - | 39.00% |
Operating Margin | -0.12% | -1.26% | -0.23% | 4.40% | - | 6.80% |
Pretax Margin | -6.38% | -12.07% | -2.25% | 17.75% | - | 11.55% |
Profit Margin | -4.71% | -9.48% | -1.04% | 15.20% | - | 9.69% |
FCF Margin | 20.49% | 19.38% | 5.27% | 13.58% | - | 44.86% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Aug '26 Aug 3, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | - | - | - | 4.19 | - | 6.21 |
P/FCF Ratio | 15.31 | 14.10 | 41.50 | 9.93 | - | 2.63 |
PS Ratio | 3.14 | 2.73 | 2.19 | 1.35 | - | 1.18 |