Biglari Holdings Inc. (BH-A) Return on Invested Capital (2018 - 2026)

Biglari Holdings' Return on Invested Capital history runs 9 years deep, the most recent figure standing at 0.07% for Q1 2026.

• In Q1 2026, Return on Invested Capital fell 3.0% year-over-year to 0.07%; the TTM figure through Mar 2026 stood at 0.07% (down 3.0% YoY), while the FY2025 annual figure was 0.2%, down 8.0% from the prior year.
• Return on Invested Capital for Q1 2026 stood at 0.07%, down from 0.06% in the prior quarter.
• The five-year high for Return on Invested Capital was 0.04% in Q3 2025, with the low at 0.14% in Q1 2024.
• The 5-year median for Return on Invested Capital is 0.03% (2024), against an average of 0.03%.
• The sharpest annual moves came in 2024 and 2025: Return on Invested Capital dropped 13 bps in 2024, then grew 13 bps in 2025.
• Biglari Holdings' Return on Invested Capital stood at 0.01% in 2022, then sank by 566 bps to 0.08% in 2023, then surged by 66 bps to 0.03% in 2024, then slumped by 123 bps to 0.06% in 2025, then decreased by 5 bps to 0.07% in 2026.
• Business Quant data shows BH-A's Return on Invested Capital at 0.07% in Q1 2026, 0.06% in Q4 2025, and 0.04% in Q3 2025.