BH-A
Biglari Holdings Inc.
Price Chart
Latest Quote
$1536.02
-6.55 (-0.42%)
Current Price
| Previous Close | $1542.57 |
| Open | $1553.57 |
| Day High | $1589.89 |
| Day Low | $1479.73 |
| Volume | 15,925 |
Stock Information
| Shares Outstanding | 211K |
| Total Debt | $357.71M |
| Cash Equivalents | $314.26M |
| Revenue | $397.71M |
| Net Income | $-18.74M |
| Sector | Consumer Cyclical |
| Industry | Restaurants |
| Market Cap | $964.32M |
| EPS (TTM) | $-73.27 |
| Exchange | NYQ |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $1.01B |
| Sales | $397.71M |
| Income | $-18.74M |
| Book/sh | $826.95 |
| Cash/sh | $1488.15 |
| Employees | 2K |
Financial Ratios
| Quick Ratio | 2.35 |
| Current Ratio | 2.47 |
| Debt/Eq | 68.90 |
Returns & Margins
| ROA | 1.47% |
| ROE | -3.54% |
| Gross Margin | 38.54% |
| Operating Margin | 2.94% |
| Profit Margin | -4.71% |
Ownership
| Insider Ownership | 0.39% |
| Institutional Ownership | 98.98% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| P/S | 2.42 |
| P/B | 1.86 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $1454.43 |
| SMA50 | $1591.73 |
| SMA200 | $1715.12 |
| RSI | 77.23 |
| ATR | 83.9396 |
| Shares Float | 177K |
| Short Float | 10.67% |
| Short Ratio | 0.28 |
| Volatility | 0.60 |
| Rel Volume | 0.82 |
Performance History
| Week | +4.91% |
| Month | -0.15% |
| Quarter | -14.36% |
| 6 Months | -1.03% |
| YTD | -15.42% |
| Year | +23.18% |
| 3 Years | +52.09% |
| 5 Years | +96.93% |
| 10 Years | +37.14% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-04 | $1536.02 | 16,340 |
| 2026-06-03 | $1542.57 | 17,842 |
| 2026-06-02 | $1527.59 | 18,946 |
| 2026-06-01 | $1509.00 | 21,135 |
| 2026-05-29 | $1489.60 | 18,130 |
| 2026-05-28 | $1464.15 | 9,240 |
| 2026-05-27 | $1458.20 | 23,559 |
| 2026-05-26 | $1448.72 | 15,794 |
| 2026-05-22 | $1446.28 | 19,430 |
| 2026-05-21 | $1453.34 | 25,111 |
| 2026-05-20 | $1374.65 | 25,481 |
| 2026-05-19 | $1422.56 | 22,720 |
| 2026-05-18 | $1437.17 | 21,608 |
| 2026-05-15 | $1398.01 | 26,247 |
| 2026-05-14 | $1353.93 | 19,873 |
| 2026-05-13 | $1349.92 | 19,035 |
| 2026-05-12 | $1346.96 | 11,154 |
| 2026-05-11 | $1333.84 | 18,536 |
| 2026-05-08 | $1603.77 | 27,090 |
| 2026-05-07 | $1592.36 | 23,217 |
| 2026-05-06 | $1583.35 | 21,507 |
| 2026-05-05 | $1538.40 | 31,267 |
About Biglari Holdings Inc.
Biglari Holdings Inc., through its subsidiaries, primarily operates and franchises restaurants in the United States. The company owns, operates, and franchises restaurants under the Steak n Shake and Western Sizzlin names. It also engages in underwriting commercial truck insurance, including selling physical damage and non-trucking liability insurance to truckers; and property and casualty insurance and reinsurance. In addition, the company operates oil and natural gas properties offshore in Louisiana state waters and in the Permian Basin; and publishes, licenses, and sells magazines under the MAXIM brand names. Further, it involved investment activities. The company was formerly known as The Steak n Shake Company and changed its name to Biglari Holdings Inc. in April 2010. Biglari Holdings Inc. was founded in 1934 and is based in San Antonio, Texas.
đ° Latest News
Steak 'n Shake Says It's Paying Hourly Employees A Bitcoin Bonus For Every Hour Worked, Pledges Trump Account Contributions
Benzinga âĸ 2026-03-04T16:01:10Z
Steak 'N Shake Says Bitcoin Caused Sales To Rise 'Dramatically' And The Coins Are Flowing To Strategic Reserve That Funds Staff Bonuses
Benzinga âĸ 2026-02-19T11:01:01Z
Steak 'n Shake Says Bitcoin Has Lifted Sales 'Dramatically' in 9 Months
decrypt âĸ 2026-02-17T06:47:41Z
Assessing Biglari Holdings (BH.A) Valuation After Strong Recent Share Price Momentum
Simply Wall St. âĸ 2026-01-26T07:07:07Z
Bitcoin Bonuses To Sell Burgers? This Restaurant Company Will Pay You BTC For Each Hour Worked
Benzinga âĸ 2026-01-23T10:46:11Z
These Stocks Drive This Year's 20% Restaurant Industry Surge
Investor's Business Daily âĸ 2026-01-21T18:03:36Z
Cracker Barrel (CBRL) Stock Trades Up, Here Is Why
StockStory âĸ 2026-01-15T20:45:49Z
Biglari Holdings CEO Purchases Over 2,000 Insider Shares
Motley Fool âĸ 2026-01-13T09:24:20Z
Cracker Barrel shareholders vote to keep CEO despite logo debacle
Associated Press Finance âĸ 2025-11-20T17:21:06Z
Biglari Holdings (NYSE:BH.A) Might Be Having Difficulty Using Its Capital Effectively
Simply Wall St. âĸ 2025-11-14T12:45:16Z
Period:
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Income Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $223,492,000 | $209,962,000 | $215,449,000 | $223,330,000 |
| Cost Of Revenue | $223,492,000 | $209,962,000 | $215,449,000 | $223,330,000 |
| Total Revenue | $362,114,000 | $365,318,000 | $368,231,000 | $366,106,000 |
| Operating Revenue | $362,114,000 | $365,318,000 | $368,231,000 | $366,106,000 |
| Expenses | ||||
| Interest Expense | $6,132,000 | $5,795,000 | $5,892,000 | $7,160,000 |
| Total Expenses | $339,006,000 | $325,943,000 | $322,500,000 | $329,398,000 |
| Other Income Expense | $-25,130,000 | $31,267,000 | $-82,866,000 | $12,719,000 |
| Net Non Operating Interest Income Expense | $-6,132,000 | $-5,795,000 | $-5,892,000 | $-7,160,000 |
| Interest Expense Non Operating | $6,132,000 | $5,795,000 | $5,892,000 | $7,160,000 |
| Operating Expense | $115,514,000 | $115,981,000 | $107,051,000 | $106,068,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-3,759,000 | $54,948,000 | $-32,018,000 | $35,478,000 |
| Net Interest Income | $-6,132,000 | $-5,795,000 | $-5,892,000 | $-7,160,000 |
| Normalized Income | $-15,545,720 | $44,291,873 | $-26,827,667 | $33,995,658 |
| Net Income From Continuing And Discontinued Operation | $-3,759,000 | $54,948,000 | $-32,018,000 | $35,478,000 |
| Net Income Common Stockholders | $-3,759,000 | $54,948,000 | $-32,018,000 | $35,478,000 |
| Net Income | $-3,759,000 | $54,948,000 | $-32,018,000 | $35,478,000 |
| Net Income Including Noncontrolling Interests | $-3,759,000 | $55,539,000 | $-32,305,000 | $35,478,000 |
| Net Income Continuous Operations | $-3,759,000 | $55,539,000 | $-32,305,000 | $35,478,000 |
| Pretax Income | $-8,154,000 | $64,847,000 | $-43,027,000 | $42,267,000 |
| Special Income Charges | $15,593,000 | $9,616,000 | $-3,520,000 | $-4,635,000 |
| Earnings From Equity Interest | $-41,058,000 | $19,440,000 | $-75,953,000 | $10,953,000 |
| Operating Income | $23,108,000 | $39,375,000 | $45,731,000 | $36,708,000 |
| Depreciation Amortization Depletion Income Statement | $39,843,000 | $38,979,000 | $36,443,000 | $30,050,000 |
| Gross Profit | $138,622,000 | $155,356,000 | $152,782,000 | $142,776,000 |
| Depreciation And Amortization In Income Statement | - | - | $36,443,000 | $30,050,000 |
| Per Share | ||||
| Diluted EPS | $-13.45 | $189.50 | $-107.45 | $111.85 |
| Basic EPS | $-13.45 | $189.50 | $-107.45 | $111.85 |
| Other | ||||
| Tax Effect Of Unusual Items | $4,141,280 | $1,170,873 | $-1,722,667 | $283,658 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $21,893,000 | $97,794,000 | $6,221,000 | $77,711,000 |
| Total Unusual Items | $15,928,000 | $11,827,000 | $-6,913,000 | $1,766,000 |
| Total Unusual Items Excluding Goodwill | $15,928,000 | $11,827,000 | $-6,913,000 | $1,766,000 |
| Reconciled Depreciation | $39,843,000 | $38,979,000 | $36,443,000 | $30,050,000 |
| EBITDA (Bullshit earnings) | $37,821,000 | $109,621,000 | $-692,000 | $79,477,000 |
| EBIT | $-2,022,000 | $70,642,000 | $-37,135,000 | $49,427,000 |
| Diluted Average Shares | $279,381 | $289,986 | $298,031 | $317,251 |
| Basic Average Shares | $279,381 | $289,986 | $298,031 | $317,251 |
| Diluted NI Availto Com Stockholders | $-3,759,000 | $54,948,000 | $-32,018,000 | $35,478,000 |
| Minority Interests | $0 | $-591,000 | $287,000 | $0 |
| Tax Provision | $-4,395,000 | $9,308,000 | $-10,722,000 | $6,789,000 |
| Gain On Sale Of Ppe | $16,700,000 | $13,563,000 | $0 | $0 |
| Impairment Of Capital Assets | $1,107,000 | $3,947,000 | $3,520,000 | $4,635,000 |
| Gain On Sale Of Security | $335,000 | $2,211,000 | $-3,393,000 | $6,401,000 |
| Selling General And Administration | $75,671,000 | $77,002,000 | $70,608,000 | $76,018,000 |
Fetched: 2026-02-02
Balance Sheet (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $497,645,000 | $522,570,000 | $470,416,000 | $510,686,000 |
| Total Assets | $866,133,000 | $849,422,000 | $828,474,000 | $894,807,000 |
| Total Non Current Assets | $695,518,000 | $696,871,000 | $677,820,000 | $729,998,000 |
| Other Non Current Assets | $8,309,000 | $8,302,000 | $10,012,000 | $10,700,000 |
| Goodwill And Other Intangible Assets | $75,316,000 | $76,760,000 | $76,550,000 | $77,010,000 |
| Other Intangible Assets | $22,820,000 | $23,230,000 | $23,037,000 | $23,463,000 |
| Current Assets | $170,615,000 | $152,551,000 | $150,654,000 | $164,809,000 |
| Assets Held For Sale Current | $1,081,000 | $773,000 | $4,700,000 | $0 |
| Current Deferred Assets | $1,136,000 | $1,019,000 | $1,454,000 | $3,221,000 |
| Prepaid Assets | $5,499,000 | $5,593,000 | $4,341,000 | $3,867,000 |
| Inventory | $4,031,000 | $2,980,000 | $3,851,000 | $3,803,000 |
| Receivables | $25,184,000 | $22,241,000 | $29,375,000 | $28,508,000 |
| Accounts Receivable | $25,184,000 | $22,241,000 | $29,375,000 | $28,508,000 |
| Allowance For Doubtful Accounts Receivable | $-2,578,000 | $-2,546,000 | $-1,151,000 | $-505,000 |
| Gross Accounts Receivable | $27,762,000 | $24,787,000 | $30,526,000 | $29,013,000 |
| Cash Cash Equivalents And Short Term Investments | $133,684,000 | $119,945,000 | $106,933,000 | $125,410,000 |
| Cash And Cash Equivalents | $30,709,000 | $28,066,000 | $37,467,000 | $42,349,000 |
| Debt | ||||
| Net Debt | $14,291,000 | - | - | - |
| Total Debt | $150,188,000 | $101,244,000 | $118,825,000 | $121,377,000 |
| Long Term Debt And Capital Lease Obligation | $100,739,000 | $86,389,000 | $91,844,000 | $104,479,000 |
| Long Term Debt | $10,000,000 | - | - | - |
| Current Debt And Capital Lease Obligation | $49,449,000 | $14,855,000 | $26,981,000 | $16,898,000 |
| Current Debt | $35,000,000 | - | $10,000,000 | - |
| Other Current Borrowings | $35,000,000 | - | - | - |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $293,172,000 | $250,092,000 | $272,906,000 | $307,111,000 |
| Total Non Current Liabilities Net Minority Interest | $145,856,000 | $138,992,000 | $138,009,000 | $163,470,000 |
| Other Non Current Liabilities | $506,000 | $348,000 | $754,000 | $2,069,000 |
| Non Current Deferred Liabilities | $29,393,000 | $37,939,000 | $31,343,000 | $46,533,000 |
| Non Current Deferred Taxes Liabilities | $29,393,000 | $37,939,000 | $31,343,000 | $46,533,000 |
| Current Liabilities | $147,316,000 | $111,100,000 | $134,897,000 | $143,641,000 |
| Other Current Liabilities | $17,250,000 | $15,168,000 | $16,805,000 | $13,101,000 |
| Current Deferred Liabilities | $27,614,000 | $26,737,000 | $28,968,000 | $37,594,000 |
| Payables And Accrued Expenses | $48,092,000 | $41,519,000 | $57,743,000 | $76,048,000 |
| Payables | $42,105,000 | $37,058,000 | $47,204,000 | $50,012,000 |
| Other Payable | $5,429,000 | $3,560,000 | $3,877,000 | $1,936,000 |
| Total Tax Payable | $8,134,000 | $11,050,000 | $14,896,000 | $11,392,000 |
| Accounts Payable | $28,542,000 | $22,448,000 | $28,431,000 | $36,684,000 |
| Equity | ||||
| Common Stock Equity | $572,961,000 | $599,330,000 | $546,966,000 | $587,696,000 |
| Total Equity Gross Minority Interest | $572,961,000 | $599,330,000 | $555,568,000 | $587,696,000 |
| Stockholders Equity | $572,961,000 | $599,330,000 | $546,966,000 | $587,696,000 |
| Gains Losses Not Affecting Retained Earnings | $-2,872,000 | $-2,518,000 | $-2,790,000 | $-1,907,000 |
| Other Equity Adjustments | $-2,872,000 | $-2,518,000 | $-2,790,000 | $-1,907,000 |
| Retained Earnings | $627,699,000 | $631,458,000 | $576,510,000 | $608,528,000 |
| Long Term Equity Investment | $201,727,000 | $199,103,000 | $155,794,000 | $250,399,000 |
| Investments In Other Ventures Under Equity Method | $201,727,000 | $199,103,000 | $155,794,000 | $250,399,000 |
| Other | ||||
| Ordinary Shares Number | $3,102,960 | $3,102,960 | $3,102,960 | $3,102,960 |
| Share Issued | $3,102,960 | $3,102,960 | $3,102,960 | $3,102,960 |
| Tangible Book Value | $497,645,000 | $522,570,000 | $470,416,000 | $510,686,000 |
| Invested Capital | $617,961,000 | $599,330,000 | $556,966,000 | $587,696,000 |
| Working Capital | $23,299,000 | $41,451,000 | $15,757,000 | $21,168,000 |
| Capital Lease Obligations | $105,188,000 | $101,244,000 | $108,825,000 | $121,377,000 |
| Total Capitalization | $582,961,000 | $599,330,000 | $546,966,000 | $587,696,000 |
| Minority Interest | $0 | $0 | $8,602,000 | $0 |
| Treasury Stock | $438,598,000 | $416,342,000 | $409,680,000 | $401,851,000 |
| Additional Paid In Capital | $385,594,000 | $385,594,000 | $381,788,000 | $381,788,000 |
| Capital Stock | $1,138,000 | $1,138,000 | $1,138,000 | $1,138,000 |
| Common Stock | $1,138,000 | $1,138,000 | $1,138,000 | $1,138,000 |
| Long Term Capital Lease Obligation | $90,739,000 | $86,389,000 | $91,844,000 | $104,479,000 |
| Long Term Provisions | $15,218,000 | $14,316,000 | $14,068,000 | $10,389,000 |
| Current Deferred Revenue | $27,614,000 | $26,737,000 | $28,968,000 | $37,594,000 |
| Current Capital Lease Obligation | $14,449,000 | $14,855,000 | $16,981,000 | $16,898,000 |
| Pensionand Other Post Retirement Benefit Plans Current | $4,911,000 | $12,821,000 | $4,400,000 | - |
| Current Accrued Expenses | $5,987,000 | $4,461,000 | $10,539,000 | $26,036,000 |
| Investments And Advances | $201,727,000 | $199,103,000 | $155,794,000 | $250,399,000 |
| Goodwill | $52,496,000 | $53,530,000 | $53,513,000 | $53,547,000 |
| Net PPE | $410,166,000 | $412,706,000 | $435,464,000 | $391,889,000 |
| Accumulated Depreciation | $-442,277,000 | $-420,035,000 | $-415,498,000 | $-392,751,000 |
| Gross PPE | $852,443,000 | $832,741,000 | $850,962,000 | $784,640,000 |
| Construction In Progress | $672,000 | $1,629,000 | $2,238,000 | $2,815,000 |
| Other Properties | $247,811,000 | $244,639,000 | $257,400,000 | $267,119,000 |
| Buildings And Improvements | $160,282,000 | $151,716,000 | $151,627,000 | $148,605,000 |
| Land And Improvements | $286,829,000 | $289,692,000 | $294,809,000 | $291,954,000 |
| Properties | $156,849,000 | $145,065,000 | $144,888,000 | $74,147,000 |
| Other Short Term Investments | $102,975,000 | $91,879,000 | $69,466,000 | $83,061,000 |
| Line Of Credit | - | $0 | $10,000,000 | $0 |
Fetched: 2026-02-02
Cash Flow Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $19,066,000 | $49,597,000 | $98,079,000 | $164,218,000 |
| Operating Activities | ||||
| Operating Cash Flow | $49,660,000 | $73,002,000 | $127,825,000 | $228,767,000 |
| Cash Flow From Continuing Operating Activities | $49,660,000 | $73,002,000 | $127,825,000 | $228,767,000 |
| Operating Gains Losses | $17,927,000 | $-42,892,000 | $77,768,000 | $-17,192,000 |
| Investing Activities | ||||
| Capital Expenditure | $-30,594,000 | $-23,405,000 | $-29,746,000 | $-64,549,000 |
| Investing Cash Flow | $-87,388,000 | $-66,080,000 | $-136,605,000 | $-58,525,000 |
| Cash Flow From Continuing Investing Activities | $-87,388,000 | $-66,080,000 | $-136,605,000 | $-58,525,000 |
| Capital Expenditure Reported | $-30,594,000 | $-23,405,000 | $-29,746,000 | $-64,549,000 |
| Financing Activities | ||||
| Financing Cash Flow | $39,484,000 | $-16,132,000 | $3,860,000 | $-156,157,000 |
| Cash Flow From Continuing Financing Activities | $39,484,000 | $-16,132,000 | $3,860,000 | $-156,157,000 |
| Dividend Received Cfo | $10,000,000 | $14,500,000 | $70,700,000 | $180,170,000 |
| Dividends Received Cfi | - | - | - | $0 |
| Other | ||||
| Repayment Of Debt | $-21,566,000 | $-47,732,000 | $-26,140,000 | $-156,157,000 |
| Issuance Of Debt | $61,050,000 | $31,600,000 | $30,000,000 | $0 |
| Interest Paid Supplemental Data | $5,889,000 | $5,824,000 | $5,852,000 | $994,000 |
| Income Tax Paid Supplemental Data | $5,938,000 | $5,677,000 | $1,092,000 | $4,532,000 |
| End Cash Position | $31,432,000 | $29,654,000 | $38,805,000 | $43,687,000 |
| Beginning Cash Position | $29,654,000 | $38,805,000 | $43,687,000 | $29,666,000 |
| Effect Of Exchange Rate Changes | $22,000 | $59,000 | $38,000 | $-64,000 |
| Changes In Cash | $1,756,000 | $-9,210,000 | $-4,920,000 | $14,085,000 |
| Net Issuance Payments Of Debt | $39,484,000 | $-16,132,000 | $3,860,000 | $-156,157,000 |
| Net Long Term Debt Issuance | $39,484,000 | $-16,132,000 | $3,860,000 | $-156,157,000 |
| Long Term Debt Payments | $-21,566,000 | $-47,732,000 | $-26,140,000 | $-156,157,000 |
| Long Term Debt Issuance | $61,050,000 | $31,600,000 | $30,000,000 | - |
| Net Investment Purchase And Sale | $-9,994,000 | $-16,885,000 | $-5,334,000 | $8,223,000 |
| Sale Of Investment | $57,451,000 | $90,981,000 | $129,117,000 | $118,422,000 |
| Purchase Of Investment | $-67,445,000 | $-107,866,000 | $-134,451,000 | $-110,199,000 |
| Net Business Purchase And Sale | $-75,938,000 | $-50,417,000 | $-106,843,000 | $-12,300,000 |
| Purchase Of Business | $-75,938,000 | $-50,417,000 | $-106,843,000 | $-12,300,000 |
| Net PPE Purchase And Sale | $29,138,000 | $24,627,000 | $5,318,000 | $10,101,000 |
| Sale Of PPE | $29,138,000 | $24,627,000 | $5,318,000 | $10,101,000 |
| Change In Working Capital | $-6,969,000 | $-3,638,000 | $-12,719,000 | $-9,780,000 |
| Change In Other Current Assets | $-2,094,000 | $2,810,000 | $8,523,000 | $136,000 |
| Change In Payables And Accrued Expense | $368,000 | $-12,231,000 | $-24,581,000 | $-592,000 |
| Change In Receivables | $-5,243,000 | $5,783,000 | $3,339,000 | $-9,324,000 |
| Asset Impairment Charge | $1,107,000 | $3,947,000 | $3,520,000 | $4,772,000 |
| Deferred Tax | $-8,489,000 | $6,567,000 | $-15,582,000 | $5,269,000 |
| Deferred Income Tax | $-8,489,000 | $6,567,000 | $-15,582,000 | $5,269,000 |
| Depreciation Amortization Depletion | $39,843,000 | $38,979,000 | $36,443,000 | $30,050,000 |
| Depreciation And Amortization | $39,843,000 | $38,979,000 | $36,443,000 | $30,050,000 |
| Earnings Losses From Equity Investments | $41,058,000 | $-19,440,000 | $75,953,000 | $-10,953,000 |
| Gain Loss On Investment Securities | $-335,000 | $-2,211,000 | $3,393,000 | $-6,214,000 |
| Net Income From Continuing Operations | $-3,759,000 | $55,539,000 | $-32,305,000 | $35,478,000 |
| Net Short Term Debt Issuance | - | $-10,000,000 | $10,000,000 | $0 |
| Short Term Debt Payments | - | $-41,600,000 | $-20,000,000 | $0 |
| Short Term Debt Issuance | - | $31,600,000 | $30,000,000 | $0 |
Fetched: 2026-02-02