Biglari Holdings Inc. (BH)
NYSE: BH · Real-Time Price · USD
396.84
+1.51 (0.38%)
Oct 23, 2026, 2:17 PM EDT - Market open
Biglari Holdings Ratios and Metrics
Market cap in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Total Valuation
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Oct '26 Oct 23, 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 |
| 1,251 | 1,048 | 790 | 505 | 429 | 439 | |
Market Cap Growth | 12.18% | 32.65% | 56.26% | 17.72% | -2.13% | 24.97% |
Enterprise Value | 1,267 | 1,026 | 772 | 510 | 446 | 437 |
Last Close Price | 395.33 | 332.43 | 254.29 | 164.93 | 138.80 | 142.57 |
Price Ratios
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Oct '26 Oct 23, 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 | - | - | - | 9.20 | - | 12.37 |
PS Ratio | 3.07 | 2.65 | 2.18 | 1.38 | 1.17 | 1.20 |
PB Ratio | 2.29 | 2.00 | 1.38 | 0.84 | 0.77 | 0.75 |
P/TBV Ratio | 2.66 | 2.34 | 1.59 | 0.97 | 0.91 | 0.86 |
P/FCF Ratio | 24.77 | 13.68 | 41.42 | 10.19 | 4.38 | 2.67 |
P/OCF Ratio | 14.78 | 9.80 | 15.90 | 6.92 | 3.36 | 1.92 |
EV Ratios
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Oct '26 Oct 23, 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 |
EV/Sales Ratio | 3.11 | 2.60 | 2.13 | 1.40 | 1.21 | 1.19 |
EV/EBITDA Ratio | 19.41 | 16.39 | 12.27 | 6.51 | 5.43 | 6.55 |
EV/EBIT Ratio | 52.71 | 47.05 | 33.42 | 12.95 | 9.76 | 11.91 |
EV/FCF Ratio | 25.08 | 13.39 | 40.51 | 10.28 | 4.55 | 2.66 |
Financial Efficiency
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Oct '26 Oct 23, 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 |
Debt / Equity Ratio | 0.66 | 0.69 | 0.26 | 0.17 | 0.21 | 0.21 |
Debt / EBITDA Ratio | 5.32 | 5.55 | 2.37 | 1.28 | 1.40 | 1.48 |
Debt / FCF Ratio | 7.12 | 4.68 | 7.88 | 2.04 | 1.21 | 0.74 |
Net Debt / Equity Ratio | 0.03 | 0.04 | 0.03 | -0.03 | 0.02 | -0.01 |
Net Debt / EBITDA Ratio | 0.24 | 0.33 | 0.26 | -0.24 | 0.14 | -0.06 |
Net Debt / FCF Ratio | 0.31 | 0.27 | 0.87 | -0.38 | 0.12 | -0.02 |
Asset Turnover | 0.42 | 0.42 | 0.42 | 0.44 | 0.43 | 0.38 |
Inventory Turnover | 45.30 | 46.90 | 46.25 | 46.02 | 42.02 | 55.12 |
Quick Ratio | 2.34 | 2.32 | 1.09 | 1.29 | 1.02 | 1.09 |
Current Ratio | 2.45 | 2.43 | 1.16 | 1.37 | 1.12 | 1.15 |
Return on Equity (ROE) | -5.25% | -6.84% | -0.64% | 9.62% | -5.65% | 6.16% |
Return on Assets (ROA) | 1.56% | 1.44% | 1.68% | 2.93% | 3.32% | 2.40% |
Return on Invested Capital (ROIC) | 4.27% | 3.84% | 3.95% | 5.88% | 7.95% | 4.70% |
Return on Capital Employed (ROCE) | 2.70% | 2.50% | 3.20% | 5.30% | 6.60% | 4.90% |
Yields
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Oct '26 Oct 23, 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 |
Earnings Yield | -29.22% | -3.58% | -0.48% | 10.87% | -7.46% | 8.09% |
FCF Yield | 4.04% | 7.31% | 2.41% | 9.81% | 22.84% | 37.43% |
Buyback Yield / Dilution | 4.83% | 6.73% | 3.66% | 2.70% | 6.06% | 8.09% |