Biglari Holdings Inc. (BH-A) FCF Margin (2017 - 2026)

Biglari Holdings' (BH-A) quarterly FCF Margin came in at 13.71% in Q1 2026, up 477.0% year-on-year from 2.38% in Q1 2025, and up 115.02% quarter-over-quarter from 6.38% in Q4 2025.

Biglari Holdings Inc. (BH-A) FCF Margin (2017 - 2026) Analysis & Trends

Biglari Holdings' FCF Margin history runs 10 years deep, the most recent figure standing at 13.71% for Q1 2026.

  • On a quarterly basis, FCF Margin rose 477.0% year-over-year to 13.71% in Q1 2026; TTM through Mar 2026 was 20.49%, a 1694.0% increase from a year earlier, with the FY2025 full-year figure at 19.38%, up 1412.0% from the prior year.
  • FCF Margin advanced to 13.71% in Q1 2026 per BH-A's latest filing, from 6.38% in the prior quarter.
  • Across five years, FCF Margin topped out at 63.59% in Q3 2022 and bottomed at 11.02% in Q2 2024.
  • The 5-year median for FCF Margin is 13.71% (2026), against an average of 16.02%.
  • Biggest YoY gain for FCF Margin was 5824 bps in 2022; the steepest drop was 15359 bps in 2022.
  • Year by year, FCF Margin stood at 22.1% in 2022, then slipped by 11 bps to 19.67% in 2023, then slumped by 39 bps to 11.96% in 2024, then plunged by 47 bps to 6.38% in 2025, then soared by 115 bps to 13.71% in 2026.
  • Per Business Quant, the three latest BH-A FCF Margin figures stand at 13.71% (Q1 2026), 6.38% (Q4 2025), and 22.36% (Q3 2025).

Peer Comparison

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 2.77%