Biglari Holdings Inc. (BH-A) Return on Equity [ROE] (2017 - 2026)
Biglari Holdings (BH-A) recorded Return on Equity [ROE] of -5.60% in Q2 2026, down 12.60 percentage points from 7.00% a year earlier and down 2.00 percentage points from the prior quarter.
Biglari Holdings Inc. (BH-A) Return on Equity [ROE] (2017 - 2026) Analysis & Trends
For FY2025, Biglari Holdings reported Return on Equity [ROE] of -6.84%, down 6.20 percentage points from FY2024.
- Annual Return on Equity [ROE] has a five-year change of -0.41 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Equity [ROE] came in at -0.64% in FY2024 (-10.26 pp), 9.62% in FY2023 (+15.27 pp), -5.65% in FY2022 (-11.81 pp) and 6.16% in FY2021 (+12.59 pp).
- Quarterly Return on Equity [ROE] has ranged from -16.39% in Q2 2022 to 17.65% in Q2 2023 over the past five years.
- On a year-over-year basis, Return on Equity [ROE] rose in three of the last eight quarters, with an average year-over-year change of -3.06 percentage points.
- Peak year-over-year performance for Return on Equity [ROE] in the last five years was a gain of 34.03 percentage points in Q2 2023, against a drop of 39.98 percentage points in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at -3.60% (Q1 2026), -6.79% (Q4 2025) and 0.36% (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -5.60% |
| Mar 31, 2026 | -3.60% |
| Dec 31, 2025 | -6.79% |
| Sep 30, 2025 | 0.36% |
| Jun 30, 2025 | 7.00% |
| Mar 31, 2025 | -10.71% |
| Dec 31, 2024 | -0.64% |
| Sep 30, 2024 | 8.74% |
| Jun 30, 2024 | -6.31% |
| Mar 31, 2024 | 2.07% |
| Dec 31, 2023 | 9.60% |
| Sep 30, 2023 | 3.52% |
| Jun 30, 2023 | 17.65% |
| Mar 31, 2023 | 5.70% |
| Dec 31, 2022 | -5.87% |
| Sep 30, 2022 | -8.92% |
| Jun 30, 2022 | -16.39% |
| Mar 31, 2022 | -6.22% |
| Dec 31, 2021 | 5.98% |
| Sep 30, 2021 | 14.50% |
Biglari Holdings Inc. Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=BH-A&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=BH-A&period=max&api_key=YOUR_API_KEY");
const data = await res.json();