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

Biglari Holdings (BH) recorded quarterly Debt to Equity of $0.46 in Q1 2026, down 2.06% quarter-over-quarter from $0.47 in Q4 2025, and up 415.48% on a YoY basis from $0.09 in Q1 2025.

Biglari Holdings (BH) Debt to Equity (2017 - 2026) Analysis & Trends

Biglari Holdings' Debt to Equity history runs 9 years deep, the most recent figure standing at $0.46 for Q1 2026.

  • In Q1 2026, Debt to Equity rose 415.48% year-over-year to $0.46; the TTM figure through Mar 2026 stood at $0.46 (up 415.48% YoY), while the FY2025 annual figure was $0.47, up 500.81% from the prior year.
  • Debt to Equity was $0.46 for Q1 2026 at Biglari Holdings, down from $0.47 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.47 in Q4 2025 to a low of $0.0 in Q2 2024.
  • Historically, Debt to Equity has averaged $0.13 across 5 years, with a median of $0.03 in 2023.
  • The sharpest annual moves came in 2024 and 2025: Debt to Equity plunged 98.5% in 2024, then surged 36603.4% in 2025.
  • A 5-year view of Debt to Equity shows it stood at $0.02 in 2022, then surged by 86.44% to $0.03 in 2023, then jumped by 130.41% to $0.08 in 2024, then jumped by 500.81% to $0.47 in 2025, then decreased 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 114.58 Bn 112.88 Bn 9.40 Bn -1.78
2 Chipotle Mexican Grill 42.15 Bn 41.28 Bn 2.61 Bn -
3 Yum Brands 42.13 Bn 41.44 Bn 1.38 Bn -1.64
4 Restaurant Brands International 25.46 Bn 25.99 Bn 2.14 Bn 2.51
5 Darden Restaurants 24.75 Bn 24.51 Bn 3.31 Bn 0.14
6 Yum China Holdings 15.17 Bn 13.74 Bn 3.24 Bn 0.00
7 Texas Roadhouse 11.72 Bn 11.53 Bn 1.40 Bn 0.03
8 Dominos Pizza 10.51 Bn 10.28 Bn 464.51 Mn -1.25
9 Cava 10.34 Bn 9.94 Bn 797.57 Mn -
10 Biglari Holdings 688.39 Mn 488.32 Mn 60.02 Mn 0.46

Historic Data

Download Data
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