Biglari Holdings Inc.

Biglari Holdings Inc.

BH
Biglari Holdings Inc.US flagNew York Stock Exchange
424.23
USD
+3.31
- -
1.33BMarket Cap
Biglari Holdings Inc.
BH
(New York Stock Exchange)

Recent

price

424.23

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
305.69
318.04
326.48
309.55
- -
369.08
463.66
456.23
465.31
388.03
251.27
230.8
247.11
251.96
259.23
303.36
305.23
Revenue per Share
14.9
9.28
60.59
11.23
- -
-6.79
54.24
27.2
11.14
26.33
-22.01
22.37
-21.49
37.9
-2.69
-28.77
-14.39
Basic EPS, GAAP
26.61
17.74
9.01
-3.21
- -
17.74
32.72
14.01
10.44
54.35
68.11
144.22
85.78
50.35
35.55
82.09
85.57
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
99.63
108.59
150.86
133.3
- -
178.68
281.72
307.8
324.78
355.16
332.68
384.34
387.64
436.29
450.16
453.86
442.7
Book Value per Share
125.2
135.49
228.34
224.47
- -
166.95
254.11
274.17
288.58
318.45
282.26
321.94
321.46
360.41
356.25
343.22
340.05
Tangible Book Value per Share
2
2
2
3
2
2
2
2
2
2
2
2
1
1
1
1
1
Basic Weighted Avg Shares
709
740
756
794
- -
861
850
840
810
669
434
366
368
365
362
395
398
Sales/Revenue/Turnover
7.5
5.83
2.74
1.8
- -
2.7
3.72
0.24
0.24
0.82
6.54
10.03
12.42
10.78
6.38
5.51
5.47
Operating Margin (%)
28
26
25
25
- -
25
23
21
19
30
32
30
36
39
40
41
41
Depreciation Expense
35
22
140
29
- -
-16
99
50
19
45
-38
35
-32
55
-4
-37
-19
Net Income, GAAP
28.99
20.68
34.32
26.17
- -
- -
32.01
- -
- -
17.7
- -
16.06
- -
14.35
- -
- -
21.77
Effective Tax Rate (%)
4.87
2.92
18.56
3.63
- -
-1.84
11.7
5.96
2.39
6.78
-8.76
9.69
-8.7
15.04
-1.04
-9.48
-4.71
Profit Margin (%)
126
225
84
73
- -
-4
8
-23
-8
6
-141
21
16
41
23
223
212
Working Capital
217
231
217
315
- -
296
282
257
240
316
112
104
92
86
101
312
317
LT Debt
325
349
565
639
- -
451
532
571
570
616
565
588
556
599
573
523
519
Total Equity
7.09
5.62
1.89
1.18
- -
- -
2.69
- -
- -
0.5
- -
3.92
- -
4.83
- -
- -
- -
Return on Invested Capital (%)
9.41
6.39
26.27
6.98
- -
- -
14.9
- -
- -
7.06
- -
5.23
- -
8.25
- -
- -
6.37
Return on Capital (%)
16.16
8.92
46.6
8.34
- -
-7.6
21.31
9.25
3.43
7.71
-6.4
5.99
-5.39
9.08
-0.6
-6.14
-3.2
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
35
47
41
LT Borrowings
215
214
212
LT Finance Leases
97
98
105
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3
3
3
Market Capitalization
423
435
429

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
404
379
356
Cash, Cash Equivalents & STI
369
338
314
Accounts Receivable, Net
21
23
25
Inventories
4
4
4
Total Current Liabilities
143
156
144
Payables & Accruals
57
58
50
ST Debt
35
47
41
Deferred Revenue
26
27
29

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.82%
-1.32%
-8.64%
Free Cash Flow
49.02%
18.2%
115.38%
Net Income, GAAP
-75.32%
27.04%
897.29%
Sales/Revenue/Turnover
-6.62%
-1.5%
9.15%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
89
91
90
91
362
2025
95
101
100
100
395
2026
97
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
15.91
-34.38
22.95
- -
-2.69
2025
-25.28
38.91
-4.08
- -
-28.77
2026
-11.16
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Biglari Holdings Inc. Biglari Holdings Inc. is a diversified holding company that owns subsidiaries engaged in property and casualty insurance and reinsurance, licensing and media, restaurants, and oil and gas. The company operates through key segments including Restaurant Operations with Steak n Shake Inc. and Western Sizzlin Corporation brands offering casual dining services; Insurance Operations through First Guard Insurance Company and its agency 1st Guard Corporation, Southern Pioneer Property & Casualty Insurance Company and its agency Southern Pioneer Insurance Agency Inc., and Biglari Reinsurance Ltd. providing coverage for transportation and property risks; Oil and Gas Operations via Southern Oil Company focusing on offshore Louisiana state waters properties and Abraxas Petroleum Corporation; and media through Maxim magazine publishing, licensing, and related investment activities. Founded in 1934 and formerly known as The Steak n Shake Company until its name change in April 2010, Biglari Holdings Inc. is headquartered in San Antonio, Texas, with approximately 2,500 employees and serves customers primarily in the United States. Recent developments include strong same-store sales growth exceeding 15% at Steak n Shake for its U.S. company-operated and franchise-partner-operated restaurants in the third fiscal quarter of 2025, alongside affiliate purchases of additional Class A and Class B common stock in November 2025, and a reported Q2 2025 net income of $50.9 million driven by investment gains and operational improvements in insurance.

Company News

APIChatGPT
  • Biglari Holdings Inc. News Release

  • Biglari Holdings acquired 3.4% stake in yacht maker Ferretti Group

  • BIGLARI HOLDINGS INC. NEWS RELEASE

  • Biglari Capital Calls for Immediate Resignation of Jack in the Box Chairman David Goebel, Who Was Overwhelmingly Rejected by Stockholders with "Skin in the Game"

  • Biglari Capital: 18% decline in Jack in the Box Share Price after Q1 Earnings

  • Biglari (NYSE:BH) Shares Pass Above 200-Day Moving Average – What’s Next?

  • Biglari Capital Announces Two of Three Leading Proxy Advisory Firms Urge Shareholders to Vote AGAINST Jack in the Box Chairman David Goebel

  • Biglari Capital Urges All Jack in the Box Shareholders to Vote AGAINST Chairman David Goebel at Upcoming Annual Meeting

  • Steak 'n Shake pledges $1K contributions to Trump Accounts for employees' children

  • Burger-To-Bitcoin: Fast Food Chain Steak 'N Shake Ups BTC Exposure By $5 Million

  • Biglari (NYSE:BH.A) versus Biglari (NYSE:BH) Head-To-Head Contrast

  • Biglari Holdings CEO Purchases Over 2,000 Insider Shares

  • Biglari Holdings Inc. News Release

  • Biglari (NYSE:BH) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

  • AXQ Capital LP Invests $249,000 in Biglari Holdings Inc. $BH

  • Biglari Capital Highlights Support of Retail Shareholders Against the CEO

  • Biglari Capital Urges ALL Shareholders to Send a Strong Message to the Cracker Barrel Board That the Current Plan Is Failing

  • Biglari Holdings Inc. News Release

  • Egan-Jones Recommends Leadership Change at Cracker Barrel: To Vote AGAINST the Election of Five Incumbent Directors, Including CEO Julie Masino

  • Analyzing Biglari (NYSE:BH.A) and Meritage Hospitality Group (OTCMKTS:MHGU)