Biglari Holdings Inc. (BH) company profile
Close on Oct 30, 2026Market cap –P/E –Yield –
About Biglari
Retail-Eating Places, SIC 5812
Biglari Holdings Inc. is a diversified holding company with operations across restaurants, property and casualty insurance, oil and gas, and brand licensing. Its core restaurant business franchises and operates dining locations serving steakburgers, milkshakes, and buffet meals to consumers. Within insurance, the company underwrites commercial trucking policies for drivers, as well as property, garage liability, and residential coverage. Its energy operations produce oil and natural gas, while its media unit licenses registered brand names to corporate partners.
The enterprise employs 2,359 individuals and oversees 435 restaurant locations across company-operated and franchise formats. Its oil and gas operations are situated offshore in Louisiana waters and within the Permian Basin, while insurance services reach clients nationwide. The business maintains a corporate office in Monaco and reinsurance operations in Hamilton, Bermuda. Operating subsidiaries maintain headquarters in Indianapolis, Indiana; Roanoke, Virginia; Venice, Florida; Jonesboro, Arkansas; Madisonville, Louisiana; San Antonio, Texas; and New York, New York.
Summary of the business section of Biglari's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Biglari Holdings Inc.
- Founded
- 1934
- Headquarters
- San Antonio, TX
- Address
- 19100 Ridgewood Pkwy, Suite 1200 78259
- Phone
- (210) 344-3400
- Website
- biglariholdings.com
- Employees
- 2,359, Dec 31, 2025
- Industry
- Retail-Eating Places
- Incorporated in
- Indiana
- Fiscal year ends
- December 31
- Auditor
- DELOITTE & TOUCHE LLP, Austin, Texas
Stock & identifiers
- Ticker
- BH
- Other tickers
- BH.A
- Exchange
- NYSE
- IPO date
- May 2, 2018
- Shares outstanding
- 2M, Aug 6, 2026
- Public float
- $267.70M, Jun 30, 2025
- Filer category
- Accelerated filer
- Stock splits
- 3-for-2, May 1, 2018; 1-for-20 reverse, Dec 21, 2009; 11-for-10, Dec 27, 1999; 5-for-4, Dec 29, 1998; 5-for-4, Dec 29, 1997; 11-for-10, Jan 2, 1997; 11-for-10, Dec 20, 1995; 11-for-10, Dec 29, 1994; 11-for-10, Jan 4, 1994; 11-for-10, Dec 24, 1992
- SEC CIK
- 1726173
- CUSIP
- 08986R309
- ISIN
- US08986R3093
- FIGI
- BBG00JPRDQH1
- Share class FIGI
- BBG00JPRDQJ9
- LEI
- 549300GLWWSODF8TM682
- EIN
- 82-3784946
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Biglari, Sardar | Chairman and CEO, Director | 1,571,761 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $900.00K | $900.00K | $1.30M | $244 | – |
| FY2024 | $1.35M | $1.35M | $1.08M | $184 | – |
| FY2023 | $8.17M | $8.17M | $1.00M | $118 | – |
| FY2022 | $900.00K | $900.00K | $1.04M | $98 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Total | vs. prior year |
|---|---|---|---|
| Sardar Biglari Chairman / Chief Executive Officer | $900.00K | $900.00K | -34% |
| Bruce Lewis Controller | $1.30M | $1.30M | +20% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
“As of December 31, 2025, the Company employed 2,359 persons.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Aug 14, 2025 | Listing | Registration of securities on an exchange (Form 8-A) |
| Nov 30, 2022 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Sep 26, 2022 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Sep 12, 2019 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Apr 2, 2018 | Name change | Name changed from NBHSA Inc. to Biglari Holdings Inc. |
| Dec 22, 2017 | Merger | Registration of securities for a merger or exchange offer (S-4) |