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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Biglari Holdings (BH-A) EBT Margin (2017 - 2025)

Biglari Holdings has reported EBT Margin over the past 9 years, most recently at 64.14% for Q4 2025.

  • Quarterly results put EBT Margin at 64.14% for Q4 2025, down 4443.0% from a year ago — trailing twelve months through Dec 2025 was 12.07% (down 981.0% YoY), and the annual figure for FY2025 was 12.07%, down 981.0%.
  • EBT Margin for Q4 2025 was 64.14% at Biglari Holdings, down from 7.57% in the prior quarter.
  • Over the last five years, EBT Margin for BH-A hit a ceiling of 99.4% in Q1 2021 and a floor of 104.46% in Q2 2022.
  • Median EBT Margin over the past 5 years was 4.06% (2025), compared with a mean of 0.42%.
  • Biggest five-year swings in EBT Margin: soared 23331bps in 2021 and later crashed -12663bps in 2023.
  • Biglari Holdings' EBT Margin stood at 9.68% in 2021, then soared by 229bps to 12.49% in 2022, then soared by 348bps to 55.91% in 2023, then crashed by -135bps to 19.71% in 2024, then plummeted by -225bps to 64.14% in 2025.
  • The last three reported values for EBT Margin were 64.14% (Q4 2025), 7.57% (Q3 2025), and 64.7% (Q2 2025) per Business Quant data.