Biglari Holdings Inc. (BH-A) FCF Margin (2017 - 2026)
Biglari Holdings' FCF Margin was 7.63% in Q2 2026, down 31.57 percentage points from 39.20% a year earlier and down 6.08 percentage points from the prior quarter.
Biglari Holdings Inc. (BH-A) FCF Margin (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Biglari Holdings' FCF Margin was 12.40% through Jun 30, 2026, down 4.17 percentage points year-over-year; for FY2025, it came in at 19.38%, up 14.12 percentage points from FY2024.
- FCF Margin shows a five-year change of -2.95 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was 5.27% in FY2024 (-8.31 pp), 13.58% in FY2023 (-13.06 pp), 26.64% in FY2022 (-18.22 pp) and 44.86% in FY2021 (+22.52 pp).
- Quarterly FCF Margin has moved between -11.02% (Q2 2024) and 63.59% (Q3 2022) over five years.
- Compared with a year earlier, FCF Margin was higher in three of the last eight quarters, with an average year-over-year change of +1.66 percentage points.
- The best year-over-year quarter for FCF Margin over five years was Q3 2022 (a gain of 58.24 percentage points); the worst was Q1 2022 (a drop of 153.59 percentage points).
- Per Business Quant data, BH-A's FCF Margin in the three quarters before Q2 2026 was 13.71% (Q1 2026), 6.38% (Q4 2025) and 22.36% (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.63% |
| Mar 31, 2026 | 13.71% |
| Dec 31, 2025 | 6.38% |
| Sep 30, 2025 | 22.36% |
| Jun 30, 2025 | 39.20% |
| Mar 31, 2025 | 8.94% |
| Dec 31, 2024 | 11.96% |
| Sep 30, 2024 | 4.08% |
| Jun 30, 2024 | -11.02% |
| Mar 31, 2024 | 16.24% |
| Dec 31, 2023 | 19.67% |
| Sep 30, 2023 | 11.88% |
| Jun 30, 2023 | 7.45% |
| Mar 31, 2023 | 15.52% |
| Dec 31, 2022 | 22.10% |
| Sep 30, 2022 | 63.59% |
| Jun 30, 2022 | 6.49% |
| Mar 31, 2022 | 13.82% |
| Dec 31, 2021 | -0.55% |
| Sep 30, 2021 | 5.35% |
Biglari Holdings Inc. FCF Margin 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=fcf-margin&ticker=BH-A&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=BH-A&period=max&api_key=YOUR_API_KEY");
const data = await res.json();