Biglari Holdings Inc. (BH)
NYSE: BH · Real-Time Price · USD
362.31
-0.16 (-0.04%)
At close: Nov 12, 2026, 4:00 PM EST
365.31
+3.00 (0.83%)
After-hours: Nov 12, 2026, 7:30 PM EST
Biglari Holdings Income Statement
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 | Sep '26 Sep 30, 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 Revenue | 341.32 | 318.8 | 289.42 | 298.05 | 303.69 | 307.5 |
Other Revenue | 76.62 | 76.46 | 72.69 | 67.27 | 64.54 | 58.61 |
| 417.94 | 395.26 | 362.11 | 365.32 | 368.23 | 366.11 | |
Revenue Growth | 8.13% | 9.15% | -0.88% | -0.79% | 0.58% | -15.58% |
Cost of Revenue | 188.41 | 182.91 | 162.12 | 157.19 | 160.8 | 180.24 |
Gross Profit | 168.79 | 149.42 | 138.62 | 155.36 | 152.78 | 142.78 |
Selling, General & Admin | 96.25 | 86.84 | 75.67 | 77 | 70.61 | 76.02 |
Operating Expenses | 137.88 | 127.62 | 115.51 | 115.98 | 107.05 | 106.07 |
Operating Income | 30.9 | 21.8 | 23.11 | 39.38 | 45.73 | 36.71 |
Interest Expense | -27.64 | -13.64 | -6.13 | -5.8 | -5.89 | -7.16 |
Interest & Investment Income | 0.53 | 0.53 | 0.34 | 2.21 | - | 6.4 |
EBT Excluding Unusual Items | 3.79 | 8.68 | 17.31 | 35.79 | 39.84 | 35.95 |
Gain (Loss) on Sale of Investments | -40.72 | -67 | -41.06 | 19.44 | -79.35 | 10.95 |
Gain (Loss) on Sale of Assets | 7.01 | 11.88 | 16.7 | 13.56 | - | - |
Asset Writedown | - | -1.25 | -1.11 | -3.95 | -3.52 | -4.64 |
Pretax Income | -29.92 | -47.69 | -8.15 | 64.85 | -43.03 | 42.27 |
Income Tax Expense | -6.48 | -10.2 | -4.4 | 9.31 | -10.72 | 6.79 |
Earnings From Continuing Operations | -23.44 | -37.49 | -3.76 | 55.54 | -32.31 | 35.48 |
Minority Interest in Earnings | - | - | - | -0.59 | 0.29 | - |
Net Income | -23.44 | -37.49 | -3.76 | 54.95 | -32.02 | 35.48 |
Net Income to Common | -23.44 | -37.49 | -3.76 | 54.95 | -32.02 | 35.48 |
Net Income Growth | - | - | - | - | - | - |
Shares Outstanding (Basic) | 1 | 0 | 0 | 0 | 0 | 0 |
Shares Outstanding (Diluted) | 1 | 0 | 0 | 0 | 0 | 0 |
Shares Change | 147.27% | -6.73% | -3.66% | -2.70% | -6.06% | -8.09% |
EPS (Basic) | -35.84 | -143.86 | -13.45 | 189.49 | -107.43 | 111.83 |
EPS (Diluted) | -35.84 | -143.86 | -13.45 | 189.49 | -107.43 | 111.83 |
EPS Growth | - | - | - | - | - | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Free Cash Flow | 24.82 | 76.61 | 19.07 | 49.6 | 98.08 | 164.22 |
Free Cash Flow Per Share | 37.94 | 293.98 | 68.24 | 171.03 | 329.09 | 517.63 |
Gross Margin | 40.38% | 37.80% | 38.28% | 42.53% | 41.49% | 39.00% |
Operating Margin | 7.39% | 5.51% | 6.38% | 10.78% | 12.42% | 10.03% |
Profit Margin | -5.61% | -9.48% | -1.04% | 15.04% | -8.70% | 9.69% |
Free Cash Flow Margin | 5.94% | 19.38% | 5.27% | 13.58% | 26.63% | 44.86% |
EBITDA | 72.54 | 62.58 | 62.95 | 78.35 | 82.17 | 66.76 |
EBITDA Margin | 17.36% | 15.83% | 17.38% | 21.45% | 22.32% | 18.23% |
D&A For EBITDA | 41.64 | 40.78 | 39.84 | 38.98 | 36.44 | 30.05 |
EBIT | 30.9 | 21.8 | 23.11 | 39.38 | 45.73 | 36.71 |
EBIT Margin | 7.39% | 5.51% | 6.38% | 10.78% | 12.42% | 10.03% |
Effective Tax Rate | - | - | - | 14.35% | - | 16.06% |
Revenue as Reported | 417.94 | 395.26 | 362.11 | 365.32 | 368.23 | 366.11 |