Biglari Holdings (BH) FCF Margin (2017 - 2026)
Biglari Holdings' (BH) quarterly FCF Margin came in at 13.71% in Q1 2026, up 477.0% year-on-year from 2.38% in Q1 2025, and up 115.02% quarter-over-quarter from 6.38% in Q4 2025.
Biglari Holdings (BH) FCF Margin (2017 - 2026) Analysis & Trends
Biglari Holdings' FCF Margin history runs 10 years deep, the most recent figure standing at 13.71% for Q1 2026.
- On a quarterly basis, FCF Margin rose 477.0% year-over-year to 13.71% in Q1 2026; TTM through Mar 2026 was 20.49%, a 1694.0% increase from a year earlier, with the FY2025 full-year figure at 19.38%, up 1412.0% from the prior year.
- FCF Margin advanced to 13.71% in Q1 2026 per BH's latest filing, from 6.38% in the prior quarter.
- Across five years, FCF Margin topped out at 63.59% in Q3 2022 and bottomed at 11.02% in Q2 2024.
- The 5-year median for FCF Margin is 13.71% (2026), against an average of 16.02%.
- Biggest YoY gain for FCF Margin was 5824 bps in 2022; the steepest drop was 15359 bps in 2022.
- Year by year, FCF Margin stood at 22.1% in 2022, then slipped by 11 bps to 19.67% in 2023, then slumped by 39 bps to 11.96% in 2024, then plunged by 47 bps to 6.38% in 2025, then soared by 115 bps to 13.71% in 2026.
- Per Business Quant, the three latest BH FCF Margin figures stand at 13.71% (Q1 2026), 6.38% (Q4 2025), and 22.36% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 117.61 Bn | 115.91 Bn | 6.32 Bn | 0.96% |
| 2 | Chipotle Mexican Grill | 41.20 Bn | 40.33 Bn | 2.61 Bn | 15.25% |
| 3 | Yum Brands | 40.68 Bn | 39.99 Bn | 1.38 Bn | 16.56% |
| 4 | Restaurant Brands International | 25.13 Bn | 25.66 Bn | 2.14 Bn | 7.46% |
| 5 | Darden Restaurants | 22.23 Bn | 21.99 Bn | 3.68 Bn | 10.19% |
| 6 | Yum China Holdings | 15.22 Bn | 14.47 Bn | 2.31 Bn | 12.41% |
| 7 | Texas Roadhouse | 12.56 Bn | 12.37 Bn | 1.40 Bn | 13.93% |
| 8 | Dominos Pizza | 10.74 Bn | 10.60 Bn | 478.23 Mn | 13.96% |
| 9 | Dutch Bros | 8.14 Bn | 8.10 Bn | 107.48 Mn | 5.97% |
| 10 | Biglari Holdings | 99.94 Mn | -100.13 Mn | 60.02 Mn | 13.71% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.71% |
| Dec 31, 2025 | 6.38% |
| Sep 30, 2025 | 22.36% |
| Jun 30, 2025 | 39.20% |
| Mar 31, 2025 | 8.94% |
| Dec 31, 2024 | 11.96% |
| Sep 30, 2024 | 4.08% |
| Jun 30, 2024 | -11.02% |
| Mar 31, 2024 | 16.24% |
| Dec 31, 2023 | 19.67% |
| Sep 30, 2023 | 11.88% |
| Jun 30, 2023 | 7.45% |
| Mar 31, 2023 | 15.52% |
| Dec 31, 2022 | 22.10% |
| Sep 30, 2022 | 63.59% |
| Jun 30, 2022 | 6.49% |
| Mar 31, 2022 | 13.82% |
| Dec 31, 2021 | -0.55% |
| Sep 30, 2021 | 5.35% |
| Jun 30, 2021 | 2.77% |