Biglari Holdings Inc. (BH-A) Invested Capital (2017 - 2026)
Biglari Holdings' Invested Capital came in at $782.29 million for Q2 2026, up 28.6% from $608.29 million a year earlier and up 3.1% from the prior quarter.
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Analysis
Biglari Holdings Inc. (BH-A) Invested Capital (2017 - 2026) Analysis & Trends
For FY2025, Biglari Holdings' Invested Capital was $770.42 million, up 24.7% from FY2024.
- Invested Capital has increased in each of the last three years, though with a five-year compound annual growth rate of -4.0% (FY2020 to FY2025).
- Going back by year, Invested Capital was $617.96 million in FY2024 (+3.1%), $599.33 million in FY2023 (+6.0%), $565.57 million in FY2022 (-3.8%) and $587.7 million in FY2021 (-37.8%).
- The five-year range for quarterly Invested Capital is $565.57 million (Q4 2022) to $816.11 million (Q3 2025).
- Year-over-year, Invested Capital has increased for five consecutive quarters, with growth averaging 18.8% over the last seven quarters.
- The fastest year-over-year change in Invested Capital over five years came in Q3 2025 (growth of 33.6%), and the weakest in Q4 2021 (a decline of 37.8%).
- Business Quant data shows BH-A's Invested Capital at $759.1 million (Q1 2026), $770.42 million (Q4 2025) and $816.11 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 782.29 Mn |
| Mar 31, 2026 | 759.10 Mn |
| Dec 31, 2025 | 770.42 Mn |
| Sep 30, 2025 | 816.11 Mn |
| Jun 30, 2025 | 608.29 Mn |
| Mar 31, 2025 | 588.24 Mn |
| Dec 31, 2024 | 617.96 Mn |
| Sep 30, 2024 | 610.76 Mn |
| Jun 30, 2024 | 569.23 Mn |
| Dec 31, 2023 | 599.33 Mn |
| Sep 30, 2023 | 576.40 Mn |
| Jun 30, 2023 | 619.95 Mn |
| Mar 31, 2023 | 627.70 Mn |
| Dec 31, 2022 | 565.57 Mn |
| Sep 30, 2022 | 575.41 Mn |
| Dec 31, 2021 | 587.70 Mn |
| Sep 30, 2021 | 598.57 Mn |
| Jun 30, 2021 | 613.49 Mn |
| Mar 31, 2021 | 639.14 Mn |
| Dec 31, 2020 | 944.53 Mn |
API Access
Biglari Holdings Inc. Invested Capital 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=invested-capital&ticker=BH-A&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=BH-A&period=max&api_key=YOUR_API_KEY");
const data = await res.json();