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 profit margin
Profit margin (net margin) is net income as a percentage of revenue.
Biglari's profit margin for the twelve months ending Jun 30, 2026 was -7.3%. For fiscal 2025 it was -9.5%, against -1.0% the year before. The highest annual figure on record is 15.0% in fiscal 2023.
Annual profit margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | -9.5% | −8.4 |
| FY2024 | Dec 31, 2024 | -1.0% | −16.1 |
| FY2023 | Dec 31, 2023 | 15.0% | +23.7 |
| FY2022 | Dec 31, 2022 | -8.7% | −18.4 |
| FY2021 | Dec 31, 2021 | 9.7% | +18.5 |
| FY2020 | Dec 31, 2020 | -8.8% | −15.5 |
| FY2019 | Dec 31, 2019 | 6.8% | +4.4 |
| FY2018 | Dec 31, 2018 | 2.4% | – |
Quarterly profit margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | 36.8% | −13.8 |
| Q1 FY2026 | Mar 31, 2026 | -14.9% | +20.1 |
| Q4 FY2025 | Dec 31, 2025 | -49.9% | −38.6 |
| Q3 FY2025 | Sep 30, 2025 | -5.3% | −40.8 |
| Q2 FY2025 | Jun 30, 2025 | 50.6% | +103.5 |
| Q1 FY2025 | Mar 31, 2025 | -35.0% | −60.3 |
| Q4 FY2024 | Dec 31, 2024 | -11.3% | −60.5 |
| Q3 FY2024 | Sep 30, 2024 | 35.5% | +97.7 |
| Q2 FY2024 | Jun 30, 2024 | -52.9% | −54.9 |
| Q1 FY2024 | Mar 31, 2024 | 25.2% | −46.7 |
| Q4 FY2023 | Dec 31, 2023 | 49.2% | +39.0 |
| Q3 FY2023 | Sep 30, 2023 | -62.1% | −96.9 |
| Q2 FY2023 | Jun 30, 2023 | 2.1% | +81.9 |
| Q1 FY2023 | Mar 31, 2023 | 72.0% | +72.3 |
| Q4 FY2022 | Dec 31, 2022 | 10.2% | +15.1 |
| Q3 FY2022 | Sep 30, 2022 | 34.8% | +47.8 |
| Q2 FY2022 | Jun 30, 2022 | -79.9% | −57.0 |
| Q1 FY2022 | Mar 31, 2022 | -0.3% | −76.4 |
| Q4 FY2021 | Dec 31, 2021 | -4.9% | −41.3 |
| Q3 FY2021 | Sep 30, 2021 | -13.0% | −33.7 |
| Q2 FY2021 | Jun 30, 2021 | -22.8% | −66.8 |
| Q1 FY2021 | Mar 31, 2021 | 76.1% | +177.7 |
| Q4 FY2020 | Dec 31, 2020 | 36.5% | +27.9 |
| Q3 FY2020 | Sep 30, 2020 | 20.7% | +20.7 |
| Q2 FY2020 | Jun 30, 2020 | 44.0% | +31.0 |
| Q1 FY2020 | Mar 31, 2020 | -101.6% | −107.0 |
| Q4 FY2019 | Dec 31, 2019 | 8.6% | −13.1 |
| Q3 FY2019 | Sep 30, 2019 | -0.0% | +6.7 |
| Q2 FY2019 | Jun 30, 2019 | 13.1% | +16.7 |
| Q1 FY2019 | Mar 31, 2019 | 5.4% | +6.3 |
| Q4 FY2018 | Dec 31, 2018 | 21.7% | −11.5 |
| Q3 FY2018 | Sep 30, 2018 | -6.7% | +4.8 |
| Q2 FY2018 | Jun 30, 2018 | -3.6% | −13.5 |
| Q1 FY2018 | Mar 31, 2018 | -0.9% | +6.9 |
| Q4 FY2017 | Dec 31, 2017 | 33.2% | – |
| Q3 FY2017 | Sep 30, 2017 | -11.5% | – |
| Q2 FY2017 | Jun 30, 2017 | 9.9% | – |
| Q1 FY2017 | Mar 31, 2017 | -7.8% | – |