Biglari Holdings Inc. (BH) stock
BHNYSERetail-Eating PlacesFiscal year ends December 31Also trades as BH.A
$393.70+3.38 (+0.87%)
Close on Oct 30, 2026Market cap –P/E –Yield –
Biglari free cash flow
Free cash flow is cash from operations minus capital expenditures: the cash available for dividends, buybacks, debt repayment or acquisitions.
Biglari's free cash flow for the twelve months ending Jun 30, 2026 was $50.32M, down 19.5% year over year. For fiscal 2025 it was $76.61M, up 301.8% from the year before. The highest annual figure on record is $164.22M in fiscal 2021.
Annual free cash flow
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $76.61M | +301.8% |
| FY2024 | Dec 31, 2024 | $19.07M | -61.6% |
| FY2023 | Dec 31, 2023 | $49.60M | -49.4% |
| FY2022 | Dec 31, 2022 | $98.08M | -40.3% |
| FY2021 | Dec 31, 2021 | $164.22M | +69.6% |
| FY2020 | Dec 31, 2020 | $96.85M | +27.4% |
| FY2019 | Dec 31, 2019 | $76.00M | +1311.4% |
| FY2018 | Dec 31, 2018 | $5.39M | – |
Quarterly free cash flow
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | $8.28M | -79.0% |
| Q1 FY2026 | Mar 31, 2026 | $13.37M | +57.3% |
| Q4 FY2025 | Dec 31, 2025 | $6.37M | -41.6% |
| Q3 FY2025 | Sep 30, 2025 | $22.30M | +504.8% |
| Q2 FY2025 | Jun 30, 2025 | $39.44M | – |
| Q1 FY2025 | Mar 31, 2025 | $8.50M | -41.5% |
| Q4 FY2024 | Dec 31, 2024 | $10.90M | -38.9% |
| Q3 FY2024 | Sep 30, 2024 | $3.69M | -65.9% |
| Q2 FY2024 | Jun 30, 2024 | -$10.05M | -244.2% |
| Q1 FY2024 | Mar 31, 2024 | $14.53M | +3.8% |
| Q4 FY2023 | Dec 31, 2023 | $17.83M | -18.1% |
| Q3 FY2023 | Sep 30, 2023 | $10.81M | -81.5% |
| Q2 FY2023 | Jun 30, 2023 | $6.97M | +16.3% |
| Q1 FY2023 | Mar 31, 2023 | $13.99M | +18.6% |
| Q4 FY2022 | Dec 31, 2022 | $21.76M | – |
| Q3 FY2022 | Sep 30, 2022 | $58.53M | +1233.5% |
| Q2 FY2022 | Jun 30, 2022 | $5.99M | +137.9% |
| Q1 FY2022 | Mar 31, 2022 | $11.80M | -92.5% |
| Q4 FY2021 | Dec 31, 2021 | -$541.00K | -114.3% |
| Q3 FY2021 | Sep 30, 2021 | $4.39M | -0.8% |
| Q2 FY2021 | Jun 30, 2021 | $2.52M | -94.4% |
| Q1 FY2021 | Mar 31, 2021 | $157.85M | +258.7% |
| Q4 FY2020 | Dec 31, 2020 | $3.78M | -91.5% |
| Q3 FY2020 | Sep 30, 2020 | $4.43M | -86.8% |
| Q2 FY2020 | Jun 30, 2020 | $44.64M | +286.7% |
| Q1 FY2020 | Mar 31, 2020 | $44.00M | – |
| Q4 FY2019 | Dec 31, 2019 | $44.50M | +108.3% |
| Q3 FY2019 | Sep 30, 2019 | $33.56M | – |
| Q2 FY2019 | Jun 30, 2019 | $11.54M | +173.9% |
| Q1 FY2019 | Mar 31, 2019 | -$13.60M | – |
| Q4 FY2018 | Dec 31, 2018 | $21.37M | – |
| Q3 FY2018 | Sep 30, 2018 | -$8.30M | -322.9% |
| Q2 FY2018 | Jun 30, 2018 | $4.21M | -46.5% |
| Q1 FY2018 | Mar 31, 2018 | -$11.90M | – |
| Q3 FY2017 | Sep 30, 2017 | -$897.00K | – |
| Q2 FY2017 | Jun 30, 2017 | $3.72M | – |
| Q1 FY2017 | Mar 31, 2017 | $7.87M | – |