Biglari Holdings Inc. (BH-A) Return on Assets [ROA] (2018 - 2026)
Biglari Holdings (BH-A) reported Return on Assets [ROA] of -2.86% for Q2 2026, down 7.53 percentage points from 4.67% a year earlier and down 1.03 percentage points from the prior quarter.
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Analysis
Biglari Holdings Inc. (BH-A) Return on Assets [ROA] (2018 - 2026) Analysis & Trends
For FY2025, Biglari Holdings posted Return on Assets [ROA] of -3.96%, down 3.53 percentage points from FY2024.
- Return on Assets [ROA] has a five-year change of -0.44 percentage points (FY2020 to FY2025).
- By year, Return on Assets [ROA] came in at -0.44% in FY2024 (-7.06 pp), 6.62% in FY2023 (+10.37 pp), -3.75% in FY2022 (-7.46 pp) and 3.71% in FY2021 (+7.23 pp).
- Five-year quarterly Return on Assets [ROA] spans a low of -10.80% in Q2 2022 and a high of 12.15% in Q2 2023.
- Year over year, Return on Assets [ROA] gained in three of the last eight quarters, with an average year-over-year change of -1.76 percentage points.
- The high point for year-over-year Return on Assets [ROA] in five years was Q2 2023 (a gain of 22.95 percentage points); the low point was Q1 2022 (a drop of 24.65 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -1.83% (Q1 2026), -3.56% (Q4 2025) and 0.22% (Q3 2025).
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.86% |
| Mar 31, 2026 | -1.83% |
| Dec 31, 2025 | -3.56% |
| Sep 30, 2025 | 0.22% |
| Jun 30, 2025 | 4.67% |
| Mar 31, 2025 | -7.03% |
| Dec 31, 2024 | -0.43% |
| Sep 30, 2024 | 6.11% |
| Jun 30, 2024 | -4.42% |
| Mar 31, 2024 | 1.45% |
| Dec 31, 2023 | 6.63% |
| Sep 30, 2023 | 2.40% |
| Jun 30, 2023 | 12.15% |
| Mar 31, 2023 | 3.86% |
| Dec 31, 2022 | -3.82% |
| Sep 30, 2022 | -5.73% |
| Jun 30, 2022 | -10.80% |
| Mar 31, 2022 | -4.10% |
| Dec 31, 2021 | 3.91% |
| Sep 30, 2021 | 9.48% |
API Access
Biglari Holdings Inc. Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=BH-A&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=BH-A&period=max&api_key=YOUR_API_KEY");
const data = await res.json();