KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Biglari Holdings (BH) Gross Margin (2017 - 2025)

Biglari Holdings has reported Gross Margin over the past 9 years, most recently at 97.62% for Q4 2025.

  • Quarterly results put Gross Margin at 97.62% for Q4 2025, up 14056.0% from a year ago — trailing twelve months through Dec 2025 was 96.83% (up 5371.0% YoY), and the annual figure for FY2025 was 96.83%, up 3644.0%.
  • Gross Margin for Q4 2025 was 97.62% at Biglari Holdings, up from 96.75% in the prior quarter.
  • Over the last five years, Gross Margin for BH hit a ceiling of 220.09% in Q4 2021 and a floor of 42.94% in Q4 2024.
  • Median Gross Margin over the past 5 years was 95.42% (2024), compared with a mean of 79.8%.
  • Biggest five-year swings in Gross Margin: soared 17219bps in 2021 and later crashed -13194bps in 2023.
  • Biglari Holdings' Gross Margin stood at 220.09% in 2021, then tumbled by -57bps to 93.81% in 2022, then crashed by -141bps to 38.13% in 2023, then fell by -13bps to 42.94% in 2024, then surged by 327bps to 97.62% in 2025.
  • The last three reported values for Gross Margin were 97.62% (Q4 2025), 96.75% (Q3 2025), and 97.14% (Q2 2025) per Business Quant data.