Biglari Holdings Inc.
BH-A NYSE· Retail-Eating Places
Last close · Oct 23, 2026
$1,909.27
KIRA · Stoqly’s AI analyst, in plain words
- Biglari Holdings Inc. had $395M of revenue in fiscal 2025, up 9.2% on the year before. Over five years, revenue changed −1.8% a year on average.
- Biglari Holdings Inc. lost $37.5M in fiscal 2025.
- Free cash flow was $76.6M in fiscal 2025, 19.4% of revenue.
- Biglari Holdings Inc. has $14.4M more cash than debt.
Market cap
—
P/E
—
Revenue
$395M
Net income
−$37.5M
Free cash flow
$76.6M
Operating margin
—
Biglari Holdings Inc. in 30 seconds · fiscal 2025
Are sales growing?
+9.2%
Yes. Sales grew 9.2% last year.
Does it make a profit?
−9.5%
No. It lost money last year.
Does profit turn into cash?
19.4%
Yes. 19.4% of sales ends up as free cash.
How healthy are the accounts?
3 / 8
Weak. It passes 3 of 8 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Biglari Holdings Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 2, 2026
- Legal name
- Biglari Holdings Inc.
- CIK
- 0001726173
Biglari Holdings Inc. · BH-A
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $366M | $368M | $365M | $362M | $395M |
| Revenue growth | −15.6% | 0.6% | −0.8% | −0.9% | 9.2% |
| Gross margin | 54.3% | 61.9% | 62.2% | 60.4% | 59.2% |
| Net income | $35.5M | −$32.0M | $54.9M | −$3.8M | −$37.5M |
| Net margin | 9.7% | −8.7% | 15.0% | −1.0% | −9.5% |
| Diluted EPS | $111.83 | −$107.43 | $189.49 | −$13.45 | −$143.86 |
| Cash | |||||
| Cash from operations | $229M | $128M | $73.0M | $49.7M | $107M |
| Capital expenditure | $64.5M | $29.7M | $23.4M | $30.6M | $30.4M |
| Free cash flow | $164M | $98.1M | $49.6M | $19.1M | $76.6M |
| FCF margin | 44.9% | 26.6% | 13.6% | 5.3% | 19.4% |
| Debt and strength | |||||
| Cash and short-term investments | $42.3M | $37.5M | $28.1M | $30.7M | $269M |
| Debt incl. finance leases | $111M | $15.4M | $4.8M | $49.0M | $254M |
| Shareholders' equity | $588M | $547M | $599M | $573M | $523M |
| Current ratio | 1.1x | 1.1x | 1.4x | 1.2x | 2.4x |
| Returns and quality | |||||
| Return on equity | 6.2% | −5.6% | 9.6% | −0.6% | −6.8% |
| Return on tangible equity | 6.9% | −6.8% | 10.5% | −0.8% | −8.4% |
| Piotroski F-score | 7 | 5 | 7 | 2 | 3 |
Insiders bought, 12 months
$22.4M
3 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Biglari Holdings Inc. · BH-A
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $1,909.27 a share, the company is worth —.
Source: SEC EDGAR XBRL filings (CIK 0001726173). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.