Biglari Holdings (BH) Enterprise Value (2017 - 2026)
Biglari Holdings' (BH) quarterly Enterprise Value came in at -$200.1 million in Q1 2026, down 598.0% year-on-year from $40.2 million in Q1 2025, and up 25.56% quarter-over-quarter from -$268.8 million in Q4 2025.
Biglari Holdings (BH) Enterprise Value (2017 - 2026) Analysis & Trends
Biglari Holdings' Enterprise Value history runs 10 years deep, the most recent figure standing at -$200.1 million for Q1 2026.
- On a quarterly basis, Enterprise Value fell 598.0% year-over-year to -$200.1 million in Q1 2026; TTM through Mar 2026 was -$200.1 million, a 598.0% decrease from a year earlier, with the FY2025 full-year figure at -$268.8 million, down 775.25% from the prior year.
- Enterprise Value advanced to -$200.1 million in Q1 2026 per BH's latest filing, from -$268.8 million in the prior quarter.
- Across five years, Enterprise Value topped out at -$26.9 million in Q2 2024 and bottomed at -$272.5 million in Q3 2025.
- The 5-year median for Enterprise Value is -$32.8 million (2025), against an average of -$71.7 million.
- Across the five-year window, Enterprise Value jumped 39.21% in 2023 and plunged 811.6% in 2025, its largest moves.
- Year by year, Enterprise Value stood at -$28.9 million in 2022, then rose by 2.77% to -$28.1 million in 2023, then fell by 9.42% to -$30.7 million in 2024, then tumbled by 775.25% to -$268.8 million in 2025, then gained by 25.56% to -$200.1 million in 2026.
- Per Business Quant, the three latest BH Enterprise Value figures stand at -$200.1 million (Q1 2026), -$268.8 million (Q4 2025), and -$272.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 117.61 Bn | 115.91 Bn | 6.32 Bn | -1.69 Bn |
| 2 | Chipotle Mexican Grill | 41.20 Bn | 40.33 Bn | 2.61 Bn | -871.42 Mn |
| 3 | Yum Brands | 40.68 Bn | 39.99 Bn | 1.38 Bn | -689.00 Mn |
| 4 | Restaurant Brands International | 25.13 Bn | 25.66 Bn | 2.14 Bn | 536.00 Mn |
| 5 | Darden Restaurants | 22.23 Bn | 21.99 Bn | 3.68 Bn | -219.50 Mn |
| 6 | Yum China Holdings | 15.22 Bn | 14.47 Bn | 2.31 Bn | -755.00 Mn |
| 7 | Texas Roadhouse | 12.56 Bn | 12.37 Bn | 1.40 Bn | -193.13 Mn |
| 8 | Dominos Pizza | 10.74 Bn | 10.60 Bn | 478.23 Mn | -134.43 Mn |
| 9 | Dutch Bros | 8.14 Bn | 8.10 Bn | 107.48 Mn | -39.44 Mn |
| 10 | Biglari Holdings | 99.94 Mn | -100.13 Mn | 60.02 Mn | -200.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -200.08 Mn |
| Dec 31, 2025 | -268.78 Mn |
| Sep 30, 2025 | -272.49 Mn |
| Jun 30, 2025 | -32.77 Mn |
| Mar 31, 2025 | -28.66 Mn |
| Dec 31, 2024 | -30.71 Mn |
| Sep 30, 2024 | -29.89 Mn |
| Jun 30, 2024 | -26.90 Mn |
| Mar 31, 2024 | -34.54 Mn |
| Dec 31, 2023 | -28.07 Mn |
| Sep 30, 2023 | -33.99 Mn |
| Jun 30, 2023 | -30.88 Mn |
| Mar 31, 2023 | -30.11 Mn |
| Dec 31, 2022 | -28.87 Mn |
| Sep 30, 2022 | -55.92 Mn |
| Jun 30, 2022 | -40.51 Mn |
| Mar 31, 2022 | -45.78 Mn |
| Dec 31, 2021 | -42.35 Mn |
| Sep 30, 2021 | -27.80 Mn |
| Jun 30, 2021 | -28.21 Mn |