Biglari Holdings Inc. (BH)

Biglari Holdings Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 14, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Cap	813	206	158	102	86	88
Market Cap Growth	12.14%	30.73%	54.18%	18.82%	-2.64%	28.21%
Enterprise Value	856.16	180.09	124.87	101.65	79.65	58.82
Last Close Price	256.10	332.43	254.29	164.93	138.80	142.57
PE Ratio	-	-2.31	-18.91	0.87	-1.29	1.27
PS Ratio	2.04	0.52	0.44	0.28	-	0.24
PB Ratio	1.57	0.39	0.28	-	0.16	-
P/TBV Ratio	0.13	0.17	0.12	-	0.08	-
P/FCF Ratio	9.97	2.69	8.28	2.06	-17.60	0.54
P/OCF Ratio	7.29	1.93	3.18	1.40	-17.60	0.39
EV/Sales Ratio	2.15	0.46	0.34	0.28	-	0.16
EV/EBITDA Ratio	13.60	5.03	3.20	1.85	-	1.07
EV/EBIT Ratio	39.34	-36.22	-150.26	6.33	-	2.36
EV/FCF Ratio	10.51	2.35	6.55	2.05	-16.27	0.36
Debt / Equity Ratio	0.61	0.60	0.18	-	0.17	-
Debt / EBITDA Ratio	8.79	10.02	3.85	-	-	-
Debt / FCF Ratio	4.39	4.68	7.88	-	-24.27	-
Net Debt / Equity Ratio	0.08	0.04	0.03	-	0.02	-
Net Debt / EBITDA Ratio	1.07	0.58	0.42	-0.01	-	-0.54
Net Debt / FCF Ratio	0.53	0.27	0.87	-0.01	-2.43	-0.18
Asset Turnover	0.39	0.42	0.58	0.61	0	0.46
Inventory Turnover	67.07	63.04	110.89	109.04	0	163.19
Quick Ratio	2.35	2.31	1.08	0.00	1.01	0.23
Current Ratio	2.47	2.43	1.16	0.00	1.12	0.23
Return on Equity (ROE)	-3.60%	-6.84%	-1.31%	19.99%	0.00%	12.56%
Return on Assets (ROA)	-0.03%	-0.41%	-0.06%	2.29%	0.00%	2.64%
Return on Invested Capital (ROIC)	-0.05%	-0.61%	-0.07%	2.71%	0.00%	3.12%
Return on Capital Employed (ROCE)	-0.05%	-0.63%	-0.18%	3.64%	0.00%	4.28%
Earnings Yield	-2.31%	-43.28%	-5.29%	114.89%	-77.40%	78.44%
FCF Yield	10.03%	37.13%	12.08%	48.46%	-5.68%	185.60%
Buyback Yield / Dilution	5.24%	6.73%	3.66%	2.70%	6.06%	8.09%
Total Shareholder Return	5.24%	6.73%	3.66%	2.70%	6.06%	8.09%

Updated May 8, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q