Stocktoria
Biglari Holdings Inc. BH
Biglari Holdings Inc. (BH) earns a Piotroski F-score of 3/9 (weak financial health). It does not currently pay a dividend. FY2025 revenue was $395.3M at a -9.5% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -3.45 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
How it ranks in Retail Trade · percentile among 238 companies
Percentile vs other Retail Trade companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 3/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Sector peers · similar-size Retail Trade companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| BH | Biglari Holdings Inc. | 3/9 | — | — | +9.2% |
| LOCO | El Pollo Loco Holdings, Inc. | 8/9 | 1.09 | 19.3 | +3.6% |
| NDLS | NOODLES & Co | 3/9 | -4.87 | — | +0.4% |
| KRUS | KURA SUSHI USA, INC. | 3/9 | 1.37 | — | +18.9% |
| RICK | RCI HOSPITALITY HOLDINGS, INC. | 6/9 | 2.17 | 19.1 | -5.5% |
| GENK | GEN Restaurant Group, Inc. | 2/9 | -1.21 | — | +2% |
| BDL | FLANIGANS ENTERPRISES INC | 8/9 | 3.85 | 17.3 | +9.6% |
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.
FAQ
Is BH financially healthy?
Biglari Holdings Inc.'s Piotroski F-score is 3/9 (8–9 is excellent, 0–3 weak).
Does BH pay a dividend?
No, Biglari Holdings Inc. does not currently pay a dividend.
How profitable is BH?
In FY2025, Biglari Holdings Inc. had a net margin of -9.5% and a return on equity of -7.2%.
Is BH a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on Biglari Holdings Inc.: a Piotroski F-score of 3/9. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.