Stocktoria

Biglari Holdings Inc. BH

NYSE · stock · Retail-Eating Places · website · IPO 2018-05-01 · LEI

Biglari Holdings Inc. statistics & valuation

Market cap$1.3B
P / S3.2×
P / B2.4×
P / FCF16.4×
Net margin-9.5%
Return on equity-7.2%
FCF margin19.4%
Net cash$54.9M
Enterprise value USD$1.2B

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
2.40% 6.80% -8.80% 9.70% -8.70% 15.00% -1.00% -9.50% 201720182019202020212022202320242025
Gross margin (%)
201720182019202020212022202320242025
Operating margin (%)
201720182019202020212022202320242025
Return on equity (%)
8.80% 3.40% 7.40% -6.70% 6.00% -5.80% 9.20% -0.70% -7.20% 201720182019202020212022202320242025
Shares outstanding
2.1M 201720182019202020212022202320242025
Net debt ($)
$198.4M $191.4M $195.4M $87.1M $62.1M -$20.7M -$54.9M 201720182019202020212022202320242025
Share buybacks ($)
201720182019202020212022202320242025
Return on assets (%)
4.70% 1.90% 4.00% -3.70% 4.00% -3.90% 6.50% -0.40% -3.70% 201720182019202020212022202320242025
Free cash flow margin (%)
0.70% 11.40% 22.30% 44.90% 26.60% 13.60% 5.30% 19.40% 201720182019202020212022202320242025
Debt / equity (×)
0.45× 0.42× 0.43× 0.20× 0.18× 0.02× 0.41× 201720182019202020212022202320242025
EPS ($)
$131.64 -$110.05 $111.83 -$107.43 $189.49 -$13.45 -$143.86 201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Net margin-9.5%-1.0%15.0%-8.7%9.7%-8.8%6.8%2.4%—
FCF margin19.4%5.3%13.6%26.6%44.9%22.3%11.4%0.7%—
Return on assets-3.7%-0.4%6.5%-3.9%4.0%-3.7%4.0%1.9%4.7%
Return on equity-7.2%-0.7%9.2%-5.8%6.0%-6.7%7.4%3.4%8.8%
Debt / equity0.41×0.02×——0.18×0.20×0.43×0.42×0.45×
Current ratio2.431.161.371.121.150.511.040.930.83

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.