KPIs & Operating Metrics(New)
Growth Metrics

Biglari Holdings (BH) Debt to Equity (2017 - 2026)

Biglari Holdings' quarterly Debt to Equity came in at $0.46 in Q1 2026, up 415.48% year-on-year from $0.09 in Q1 2025, and down 2.06% quarter-over-quarter from $0.47 in Q4 2025.

Biglari Holdings has reported Debt to Equity for 9 years, with the latest figure at $0.46 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity rose 415.48% year-over-year to $0.46; the trailing twelve-month figure through Mar 2026 stood at $0.46 (up 415.48% YoY), and the FY2025 full-year result was $0.47, up 500.81% from the prior year.
  • Debt to Equity for Q1 2026 stood at $0.46, down from $0.47 in the prior quarter.
  • The five-year high for Debt to Equity was $0.47 in Q4 2025, with the low at $0.0 in Q2 2024.
  • Average Debt to Equity over 5 years is $0.13, with a median of $0.03 recorded in 2023.
  • Year-over-year, Debt to Equity plunged 98.5% in 2024 and jumped 36603.4% in 2025.
  • Tracing BH's Debt to Equity over 5 years: stood at $0.02 in 2022, then soared by 86.44% to $0.03 in 2023, then surged by 130.41% to $0.08 in 2024, then surged by 500.81% to $0.47 in 2025, then slipped by 2.06% to $0.46 in 2026.
  • The last three Debt to Equity figures came in at $0.46 (Q1 2026), $0.47 (Q4 2025), and $0.41 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Starbucks 110.27 Bn 108.58 Bn 9.40 Bn -1.78
2 Yum Brands 40.90 Bn 40.21 Bn 1.38 Bn -1.64
3 Chipotle Mexican Grill 39.62 Bn 38.75 Bn 2.61 Bn -
4 Restaurant Brands International 25.25 Bn 25.79 Bn 2.14 Bn 2.51
5 Darden Restaurants 23.41 Bn 23.17 Bn 3.31 Bn 0.14
6 Yum China Holdings 15.07 Bn 13.64 Bn 3.24 Bn 0.00
7 Texas Roadhouse 11.59 Bn 11.39 Bn 1.40 Bn 0.03
8 Dominos Pizza 10.51 Bn 10.27 Bn 464.51 Mn -1.25
9 Cava 8.67 Bn 8.28 Bn 797.57 Mn -
10 Biglari Holdings 616.65 Mn 416.58 Mn 60.02 Mn 0.46

Historic Data

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DateValue
Mar 31, 2026 0.46
Dec 31, 2025 0.47
Sep 30, 2025 0.41
Jun 30, 2025 0.03
Mar 31, 2025 0.09
Dec 31, 2024 0.08
Sep 30, 2024 0.01
Jun 30, 2024 0.00
Sep 30, 2023 0.03
Jun 30, 2023 0.01
Mar 31, 2023 0.01
Dec 31, 2022 0.02
Sep 30, 2022 0.06
Dec 31, 2020 0.40
Jun 30, 2020 0.15
Mar 31, 2020 0.51
Dec 31, 2019 0.44
Sep 30, 2019 0.45
Jun 30, 2019 0.45
Mar 31, 2019 0.47
Dec 31, 2018 0.43
Sep 30, 2018 0.48
Jun 30, 2018 0.48
Mar 31, 2018 0.47
Dec 31, 2017 0.46