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StockVS

NYSE · Restaurants · USD

Biglari Holdings Inc. (BH) Stock Analysis

Biglari Holdings Inc. (BH) is a Restaurants stock listed on NYSE and quoted in US Dollar.

BH

$383.75

−$1.78 (−0.46%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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BH Key Statistics

As of Sep 4, 2026
Trading
Open
$384.16
Previous Close
$385.53
Day's Range
377.64–388.11
52-Week Range
234.92–483.60
Volume
88.20K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.52
Valuation
Market Cap
$1.22B
P/E Ratio
unprofitable
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
−18.80
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
3.01
EPS (ttm)Profit attributable to each share over the last twelve months.
−22.14
Financials (FY)
Revenue (FY)
$395.26M+9.15%
Net Income (FY)
−$37.49M
Profit marginThe share of revenue left as profit after all costs and taxes.
−7.33%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
2.11M
1-Year Return
+23.43%
Dividend and dates
Earnings Date
November 6, 2026
Avg Volume
134.67K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

BH Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+15.44%
2025+30.73%
2024+54.18%
2023+18.83%
2022−2.64%
2021+28.21%
2020−2.81%
2019+0.74%
2018−58.89%
2017−12.43%
2016 (partial year)+15.87%

As of September 4, 2026.

BH Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$395.26M−$37.49M−9.5%
2024$362.11M−$3.76M−1.0%
2023$365.32M$54.95M15.0%
2022$368.23M−$32.02M−8.7%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$395.26M$149.42M$21.80M−$37.49M−9.5%
2024$362.11M$138.62M$23.11M−$3.76M−1.0%
2023$365.32M$155.36M$39.38M$54.95M15.0%
2022$368.23M$152.78M$45.73M−$32.02M−8.7%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

BH Valuation vs Restaurants Median

Median of 62 stocks
MetricBHRestaurants medianvs median
P/S ratio3.010.953.2x the median
Profit margin−7.33%1.93%9.3 pts below

Medians across 62 Restaurants stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Analysis

Data-derived

Company Overview

The market values Biglari Holdings Inc. (BH) at $1.22B. The company sits in the Consumer Cyclical sector, in the Restaurants industry. The company reports 2,359 employees.

BH last closed at $383.75 on September 4, 2026. That is −$1.78 (−0.46%) against the previous close. The 52-week range on file runs from $234.92 to $483.60. The latest close sits 63.35% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to $395.26M. That is +9.15% against the prior fiscal year, when revenue was $362.11M. The same year closed with a net loss of $37.49M. Profit margin runs at −7.33%. That is 9.3 percentage points below the Restaurants median of 1.93%. Earnings per share on a trailing basis come to −22.14.

Across the 4 fiscal years on file, revenue moves from $368.23M in 2022 to $395.26M in 2025. Of those 4 years, 1 report positive net income.

Valuation Assessment

The record shows negative trailing earnings, so no price-to-earnings ratio is published. The PEG ratio, which sets the P/E against expected earnings growth, reads −18.8. Measured against sales, the shares trade at 3.01 times revenue. On price-to-sales that is 3.2 times the Restaurants median of 0.95. 62 Restaurants companies report these metrics, and the medians quoted come from that group.

The reported beta is 0.52. Daily returns over the trailing 10 years annualize to a volatility of 45.52%. Over the trailing twelve months the price has returned +23.43%. Measured over 10 years, that is +2.50% a year compounded.

Growth & Income

No dividend is on file for BH.

So far in 2026 the price is +15.44%. Across the complete calendar years on file, 2024 returned +54.18% and 2018 returned −58.89%. Of the 9 complete calendar years on file, 5 finished higher.

Peer Comparison

Biglari Holdings Inc. (BH) operates in the Restaurants industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Biglari Holdings Inc. BH $1.22B —
McDonald's Corporation MCD $180.94B 20.8
Starbucks Corporation SBUX $119.10B 60.7
Chipotle Mexican Grill, Inc. CMG $46.77B 34.9

The Restaurants industry average P/E ratio is 21.0x. Biglari Holdings Inc. has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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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.

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