BH.ANYSERetail-Eating PlacesFiscal year ends December 31Also trades as BH
Biglari Holdings Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$2182.34+77.02 (+3.66%)
Close on Oct 19, 2026
- Market cap
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- P/E (TTM)
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- Dividend yield
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Biglari Holdings Inc. revenue by segment
By business segment
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Restaurant | $280.87M | $251.45M | $250.86M | $241.57M | $271.29M | $350.67M | $610.22M | $775.69M | – | – | 71.1% | +11.7% |
| Restaurant Segment | $280.87M | $251.45M | $250.86M | $241.57M | – | – | – | – | – | – | 71.1% | +11.7% |
| Insurance Segment | $76.46M | $72.69M | $67.27M | $64.54M | – | – | – | – | – | – | 19.3% | +5.2% |
| Oil And Gas Segment | $30.21M | $36.95M | $45.07M | $57.55M | – | – | – | – | – | – | 7.6% | -18.2% |
| Maxim | $7.72M | $1.03M | $2.12M | $4.58M | $3.20M | $4.08M | $4.10M | – | – | – | 2.0% | +650.0% |
| Steak n Shake | – | – | – | – | – | $344.31M | $595.00M | $760.57M | – | – | – | – |
| Western | – | – | – | – | – | $6.36M | $15.22M | $15.13M | – | – | – | – |
| Southern Oil | – | – | – | – | $33.00M | $26.26M | $24.44M | – | – | – | – | – |
| Insurance premiums and other | – | – | $67.27M | $64.54M | $58.61M | $52.68M | $30.08M | – | – | – | – | – |
| Oil and Gas Operations | – | – | $45.07M | $57.55M | $33.00M | $26.26M | – | – | – | – | – | – |
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Restaurant | $280.87M | $251.45M | $250.86M | $241.57M | $271.29M | $350.67M | $610.22M | – | – | – | 71.1% | +11.7% |
| Insurance premiums and other | $76.46M | $72.69M | $67.27M | $64.54M | $58.61M | $52.68M | $30.08M | – | – | – | 19.3% | +5.2% |
| Oil and gas | $30.21M | $36.95M | $45.07M | $57.55M | $33.00M | $26.26M | $24.44M | – | – | – | 7.6% | -18.2% |
| Licensing and media | $7.72M | $1.03M | $2.12M | $4.58M | $3.20M | $4.08M | – | – | – | – | 2.0% | +650.0% |
| Gift Cards | $4.66M | $4.22M | $5.28M | $5.40M | $5.90M | $9.20M | $22.87M | – | – | – | 1.2% | +10.3% |
| Advertising | $3.45M | $3.29M | $4.48M | $6.39M | $6.83M | $5.19M | $7.82M | – | – | – | 0.9% | +4.8% |
| Franchise | $330.00K | $463.00K | $1.21M | $1.81M | $2.03M | $1.88M | $1.73M | $3.10M | – | – | 0.1% | -28.7% |
| Net sales | – | – | – | – | – | $306.58M | $578.16M | $740.92M | – | – | – | – |
| Other | – | – | – | – | – | $3.08M | $4.87M | $3.77M | – | – | – | – |
| Franchise royalties and fees | – | – | – | – | – | $18.79M | $23.36M | $30.97M | – | – | – | – |
| Franchise partner fees | – | – | – | – | – | $22.21M | $3.83M | $33.00K | – | – | – | – |
| Licensing and media | – | – | – | – | $3.20M | $4.08M | $4.10M | – | – | – | – | – |
By region
From the segment and revenue-disaggregation notes of Biglari's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.