Biglari Holdings Inc. (BH-A) Debt Ratio (2017 - 2026)

Biglari Holdings' Debt Ratio history runs 9 years deep, the most recent figure standing at 0.24 for Q1 2026.

• On a quarterly basis, Debt Ratio rose 303.61% year-over-year to 0.24 in Q1 2026; TTM through Mar 2026 was 0.24, a 303.61% increase from a year earlier, with the FY2025 full-year figure at 0.24, up 363.62% from the prior year.
• Debt Ratio fell to 0.24 in Q1 2026 per BH-A's latest filing, from 0.24 in the prior quarter.
• Across five years, Debt Ratio topped out at 0.24 in Q4 2025 and bottomed at 0.0 in Q2 2024.
• The 5-year median for Debt Ratio is 0.03 (2022), against an average of 0.07.
• Across the five-year window, Debt Ratio plunged 98.47% in 2024 and surged 35500.7% in 2025, its largest moves.
• Year by year, Debt Ratio stood at 0.03 in 2022, then decreased by 24.01% to 0.02 in 2023, then soared by 126.19% to 0.05 in 2024, then surged by 363.62% to 0.24 in 2025, then slipped by 2.18% to 0.24 in 2026.
• Per Business Quant, the three latest BH-A Debt Ratio figures stand at 0.24 (Q1 2026), 0.24 (Q4 2025), and 0.22 (Q3 2025).