Biglari Holdings (BH-A) Equity Ratio (2017 - 2026)
Biglari Holdings' quarterly Equity Ratio came in at 0.51 in Q1 2026, down 21.7% year-on-year from 0.65 in Q1 2025, and little changed quarter-over-quarter from 0.51 in Q4 2025.
Biglari Holdings has reported Equity Ratio for 10 years, with the latest figure at 0.51 in Q1 2026.
- For the quarter ending Q1 2026, Equity Ratio fell 21.7% year-over-year to 0.51; the trailing twelve-month figure through Mar 2026 stood at 0.51 (down 21.7% YoY), and the FY2025 full-year result was 0.51, down 22.83% from the prior year.
- Equity Ratio for Q1 2026 stood at 0.51, roughly flat from 0.51 in the prior quarter.
- The five-year high for Equity Ratio was 1.65 in Q4 2022, with the low at 0.51 in Q1 2026.
- Average Equity Ratio over 5 years is 0.76, with a median of 0.67 recorded in 2023.
- Year-over-year, Equity Ratio surged 58.67% in 2022 and sank 59.01% in 2024.
- Tracing BH-A's Equity Ratio over 5 years: stood at 1.65 in 2022, then decreased by 2.39% to 1.61 in 2023, then slumped by 59.01% to 0.66 in 2024, then decreased by 22.83% to 0.51 in 2025, then fell by 0.13% to 0.51 in 2026.
- The last three Equity Ratio figures came in at 0.51 (Q1 2026), 0.51 (Q4 2025), and 0.54 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 110.27 Bn | 108.58 Bn | 9.40 Bn | -0.28 |
| 2 | Yum Brands | 40.90 Bn | 40.21 Bn | 1.38 Bn | -0.89 |
| 3 | Chipotle Mexican Grill | 39.62 Bn | 38.75 Bn | 2.61 Bn | 0.27 |
| 4 | Restaurant Brands International | 25.25 Bn | 25.79 Bn | 2.14 Bn | 0.21 |
| 5 | Darden Restaurants | 23.41 Bn | 23.17 Bn | 3.31 Bn | 0.16 |
| 6 | Yum China Holdings | 15.07 Bn | 13.64 Bn | 3.24 Bn | 0.50 |
| 7 | Texas Roadhouse | 11.59 Bn | 11.39 Bn | 1.40 Bn | 0.42 |
| 8 | Dominos Pizza | 10.51 Bn | 10.27 Bn | 464.51 Mn | -2.12 |
| 9 | Cava | 8.67 Bn | 8.28 Bn | 797.57 Mn | 0.57 |
| 10 | Biglari Holdings | - | - | 60.02 Mn | 0.51 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.51 |
| Dec 31, 2025 | 0.51 |
| Sep 30, 2025 | 0.54 |
| Jun 30, 2025 | 0.68 |
| Mar 31, 2025 | 0.65 |
| Dec 31, 2024 | 0.66 |
| Sep 30, 2024 | 0.70 |
| Jun 30, 2024 | 0.70 |
| Mar 31, 2024 | 0.70 |
| Dec 31, 2023 | 1.61 |
| Sep 30, 2023 | 0.67 |
| Jun 30, 2023 | 0.69 |
| Mar 31, 2023 | 0.68 |
| Dec 31, 2022 | 1.65 |
| Sep 30, 2022 | 0.63 |
| Jun 30, 2022 | 0.65 |
| Mar 31, 2022 | 0.66 |
| Dec 31, 2021 | 1.04 |
| Sep 30, 2021 | 0.65 |
| Jun 30, 2021 | 0.66 |
| Mar 31, 2021 | 0.67 |
| Dec 31, 2020 | 1.00 |
| Sep 30, 2020 | 0.55 |
| Jun 30, 2020 | 0.53 |
| Mar 31, 2020 | 0.51 |
| Dec 31, 2019 | 0.81 |
| Sep 30, 2019 | 0.52 |
| Jun 30, 2019 | 0.52 |
| Mar 31, 2019 | 0.52 |
| Dec 31, 2018 | 0.63 |
| Sep 30, 2018 | 0.54 |
| Jun 30, 2018 | 0.54 |
| Mar 31, 2018 | 0.54 |
| Dec 31, 2017 | 1.53 |