BH
BH
NYSE · Hotels, Restaurants & Leisure

Biglari Holdings Inc-B

$332.74
-2.68 (-0.80%)
Financial Highlights (FY 2026)
Revenue
2.36B
Net Income
-223,570,887
Gross Margin
37.8%
Profit Margin
-9.5%
Rev Growth
+2.4%
D/E Ratio
0.61
Revenue & Net Income
Margin Trends
FY 2026 FY 2025 FY 2024 FY 2023
Gross Margin 37.8% 37.8% 55.9% 55.9%
Operating Margin 8.2% 7.4% 11.5% 10.0%
Profit Margin -9.5% -9.0% 10.5% 10.1%
Income Statement
FY 2026 FY 2025 FY 2024 FY 2023
Revenue 2.36B 2.30B 514.75M 406.00M
Gross Profit 891.04M 870.24M 287.52M 226.78M
Operating Income 193.30M 169.90M 59.23M 40.62M
Net Income -223,570,887 -196,517,041 54.03M 41.13M
Gross Margin 37.8% 37.8% 55.9% 55.9%
Operating Margin 8.2% 7.4% 11.5% 10.0%
Profit Margin -9.5% -9.0% 10.5% 10.1%
Rev Growth +2.4% +2.4% +0.3% +5.9%
Balance Sheet
FY 2026 FY 2025 FY 2024 FY 2023
Total Debt 199.14M 199.14M 321.35M 243.28M
Total Equity 329.11M 329.11M 533.25M 497.16M
D/E Ratio 0.61 0.61 0.60 0.49
Cash Flow
FY 2026 FY 2025 FY 2024 FY 2023
EBITDA 432.41M 401.20M 62.16M 57.01M
Free Cash Flow 41.52M 24.87M