Biglari Holdings (BH) EBT Margin (2017 - 2026)
Biglari Holdings (BH) reported EBT Margin of 47.56% for Q2 2026, down 17.14 percentage points from 64.70% a year earlier but up 66.93 percentage points from the prior quarter.
Biglari Holdings (BH) EBT Margin (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Biglari Holdings' EBT Margin came in at -9.58%, down 22.65 percentage points year-over-year; for FY2025, it came in at -12.07%, down 9.81 percentage points from FY2024.
- EBT Margin has a five-year change of -0.49 percentage points (FY2020 to FY2025).
- By year, EBT Margin came in at -2.25% in FY2024 (-20.00 pp), 17.75% in FY2023 (+29.44 pp), -11.68% in FY2022 (-23.23 pp) and 11.55% in FY2021 (+23.12 pp).
- Five-year quarterly EBT Margin spans a low of -104.46% in Q2 2022 and a high of 94.57% in Q1 2023.
- Year over year, EBT Margin gained in three of the last eight quarters, with an average year-over-year change of +2.27 percentage points.
- The high point for year-over-year EBT Margin in five years was Q2 2025 (a gain of 133.73 percentage points); the low point was Q3 2023 (a drop of 126.63 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -19.37% (Q1 2026), -64.14% (Q4 2025) and -7.57% (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 47.56% |
| Mar 31, 2026 | -19.37% |
| Dec 31, 2025 | -64.14% |
| Sep 30, 2025 | -7.57% |
| Jun 30, 2025 | 64.70% |
| Mar 31, 2025 | -43.33% |
| Dec 31, 2024 | -19.71% |
| Sep 30, 2024 | 47.92% |
| Jun 30, 2024 | -69.03% |
| Mar 31, 2024 | 32.86% |
| Dec 31, 2023 | 55.91% |
| Sep 30, 2023 | -81.39% |
| Jun 30, 2023 | 3.09% |
| Mar 31, 2023 | 94.57% |
| Dec 31, 2022 | 12.49% |
| Sep 30, 2022 | 45.24% |
| Jun 30, 2022 | -104.46% |
| Mar 31, 2022 | -0.55% |
| Dec 31, 2021 | -9.68% |
| Sep 30, 2021 | -18.20% |
Biglari Holdings EBT Margin 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=ebt-margin&ticker=BH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "BH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=BH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();