Biglari Holdings Inc. (BH-A) Enterprise Value (2017 - 2026)

Biglari Holdings' (BH-A) quarterly Enterprise Value came in at -$200.1 million in Q1 2026, down 598.0% year-on-year from $40.2 million in Q1 2025, and up 25.56% quarter-over-quarter from -$268.8 million in Q4 2025.

Biglari Holdings Inc. (BH-A) Enterprise Value (2017 - 2026) Analysis & Trends

Biglari Holdings' Enterprise Value history runs 10 years deep, the most recent figure standing at -$200.1 million for Q1 2026.

  • On a quarterly basis, Enterprise Value fell 598.0% year-over-year to -$200.1 million in Q1 2026; TTM through Mar 2026 was -$200.1 million, a 598.0% decrease from a year earlier, with the FY2025 full-year figure at -$268.8 million, down 775.25% from the prior year.
  • Enterprise Value advanced to -$200.1 million in Q1 2026 per BH-A's latest filing, from -$268.8 million in the prior quarter.
  • Across five years, Enterprise Value topped out at -$26.9 million in Q2 2024 and bottomed at -$272.5 million in Q3 2025.
  • The 5-year median for Enterprise Value is -$32.8 million (2025), against an average of -$71.7 million.
  • Across the five-year window, Enterprise Value jumped 39.21% in 2023 and plunged 811.6% in 2025, its largest moves.
  • Year by year, Enterprise Value stood at -$28.9 million in 2022, then rose by 2.77% to -$28.1 million in 2023, then fell by 9.42% to -$30.7 million in 2024, then tumbled by 775.25% to -$268.8 million in 2025, then gained by 25.56% to -$200.1 million in 2026.
  • Per Business Quant, the three latest BH-an Enterprise Value figures stand at -$200.1 million (Q1 2026), -$268.8 million (Q4 2025), and -$272.5 million (Q3 2025).

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 -200.08 Mn
Dec 31, 2025 -268.78 Mn
Sep 30, 2025 -272.49 Mn
Jun 30, 2025 -32.77 Mn
Mar 31, 2025 -28.66 Mn
Dec 31, 2024 -30.71 Mn
Sep 30, 2024 -29.89 Mn
Jun 30, 2024 -26.90 Mn
Mar 31, 2024 -34.54 Mn
Dec 31, 2023 -28.07 Mn
Sep 30, 2023 -33.99 Mn
Jun 30, 2023 -30.88 Mn
Mar 31, 2023 -30.11 Mn
Dec 31, 2022 -28.87 Mn
Sep 30, 2022 -55.92 Mn
Jun 30, 2022 -40.51 Mn
Mar 31, 2022 -45.78 Mn
Dec 31, 2021 -42.35 Mn
Sep 30, 2021 -27.80 Mn
Jun 30, 2021 -28.21 Mn