Biglari Holdings (BH-A) Tax Rate (2017 - 2026)
Biglari Holdings (BH-A) recorded quarterly Tax Rate of 23.04% in Q1 2026, up 3.91% quarter-over-quarter from 22.18% in Q4 2025, and up 384.0% on a YoY basis from 4.76% in Q1 2025.
Biglari Holdings (BH-A) Tax Rate (2017 - 2026) Analysis & Trends
Biglari Holdings' Tax Rate history runs 10 years deep, the most recent figure standing at 23.04% for Q1 2026.
- In Q1 2026, Tax Rate rose 384.0% year-over-year to 23.04%; the TTM figure through Mar 2026 stood at 26.18% (up 189.0% YoY), while the FY2025 annual figure was 21.39%, down 3251.0% from the prior year.
- Tax Rate was 23.04% for Q1 2026 at Biglari Holdings, up from 22.18% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 42.8% in Q4 2024 to a low of 11.94% in Q4 2023.
- Historically, Tax Rate has averaged 25.24% across 5 years, with a median of 23.19% in 2024.
- The sharpest annual moves came in 2022 and 2024: Tax Rate sank 2882 bps in 2022, then jumped 3086 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 20.82% in 2022, then slumped by 43 bps to 11.94% in 2023, then jumped by 258 bps to 42.8% in 2024, then sank by 48 bps to 22.18% in 2025, then advanced by 4 bps to 23.04% in 2026.
- The last three Tax Rate figures came in at 23.04% (Q1 2026), 22.18% (Q4 2025), and 29.94% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 114.58 Bn | 112.88 Bn | 9.40 Bn | 29.84 |
| 2 | Chipotle Mexican Grill | 42.15 Bn | 41.28 Bn | 2.61 Bn | 25.38 |
| 3 | Yum Brands | 42.13 Bn | 41.44 Bn | 1.38 Bn | 16.28 |
| 4 | Restaurant Brands International | 25.46 Bn | 25.99 Bn | 2.14 Bn | 7.87 |
| 5 | Darden Restaurants | 24.75 Bn | 24.51 Bn | 3.31 Bn | 12.95 |
| 6 | Yum China Holdings | 15.17 Bn | 13.74 Bn | 3.24 Bn | 27.21 |
| 7 | Texas Roadhouse | 11.72 Bn | 11.53 Bn | 1.40 Bn | 14.31 |
| 8 | Dominos Pizza | 10.51 Bn | 10.28 Bn | 464.51 Mn | 22.60 |
| 9 | Cava | 10.34 Bn | 9.94 Bn | 797.57 Mn | 19.05 |
| 10 | Biglari Holdings | - | - | 60.02 Mn | 23.04 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.04% |
| Mar 31, 2026 | 23.04% |
| Dec 31, 2025 | 22.18% |
| Dec 31, 2025 | 22.18% |
| Sep 30, 2025 | 29.94% |
| Sep 30, 2025 | 29.94% |
| Jun 30, 2025 | 21.77% |
| Jun 30, 2025 | 21.77% |
| Mar 31, 2025 | 19.20% |
| Mar 31, 2025 | 19.20% |
| Dec 31, 2024 | 42.80% |
| Dec 31, 2024 | 42.80% |
| Sep 30, 2024 | 25.85% |
| Sep 30, 2024 | 25.85% |
| Jun 30, 2024 | 23.40% |
| Jun 30, 2024 | 23.40% |
| Mar 31, 2024 | 23.19% |
| Mar 31, 2024 | 23.19% |
| Dec 31, 2023 | 11.94% |
| Dec 31, 2023 | 11.94% |