Biglari Holdings Inc. (BH-A) Enterprise Value (2018 - 2026)
Biglari Holdings (BH-A) recorded Enterprise Value of $4.38 billion in Q2 2026, up 52.8% from $2.86 billion a year earlier and up 27.6% from the prior quarter.
Biglari Holdings Inc. (BH-A) Enterprise Value (2018 - 2026) Analysis & Trends
On a TTM basis, Biglari Holdings' Enterprise Value came in at $3.64 billion as of Jun 30, 2026, up 31.0% year-over-year; for FY2025, it came in at $3.33 billion, up 27.8% from FY2024.
- Annual Enterprise Value has increased for three straight years, with a five-year compound annual growth rate of 22.9% (FY2020 to FY2025).
- Across earlier years, Enterprise Value came in at $2.61 billion in FY2024 (+61.5%), $1.61 billion in FY2023 (+15.9%), $1.39 billion in FY2022 (-0.1%) and $1.4 billion in FY2021 (+17.7%).
- The Q2 2026 figure is the highest quarterly Enterprise Value in data going back to Q2 2018.
- On a year-over-year basis, Enterprise Value has increased for seven consecutive quarters, with growth averaging 41.9% over the last eight quarters.
- Peak year-over-year performance for Enterprise Value in the last five years was growth of 72.8% in Q3 2025, against a decline of 26.9% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $3.43 billion (Q1 2026), $3.33 billion (Q4 2025) and $2.92 billion (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.38 Bn |
| Mar 31, 2026 | 3.43 Bn |
| Dec 31, 2025 | 3.33 Bn |
| Sep 30, 2025 | 2.92 Bn |
| Jun 30, 2025 | 2.86 Bn |
| Mar 31, 2025 | 2.25 Bn |
| Dec 31, 2024 | 2.61 Bn |
| Sep 30, 2024 | 1.69 Bn |
| Jun 30, 2024 | 1.86 Bn |
| Mar 31, 2024 | 1.97 Bn |
| Dec 31, 2023 | 1.61 Bn |
| Sep 30, 2023 | 1.70 Bn |
| Jun 30, 2023 | 1.93 Bn |
| Mar 31, 2023 | 1.69 Bn |
| Dec 31, 2022 | 1.39 Bn |
| Sep 30, 2022 | 1.22 Bn |
| Jun 30, 2022 | 1.18 Bn |
| Mar 31, 2022 | 1.46 Bn |
| Dec 31, 2021 | 1.40 Bn |
| Sep 30, 2021 | 1.67 Bn |
Biglari Holdings Inc. Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=BH-A&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "BH-A", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=BH-A&period=max&api_key=YOUR_API_KEY");
const data = await res.json();