Biglari Holdings (BH) Long-Term Investments (2016 - 2026)
Biglari Holdings' quarterly Long-Term Investments came in at $114.2 million in Q1 2026, down 32.49% year-on-year from $169.1 million in Q1 2025, and down 25.98% quarter-over-quarter from $154.3 million in Q4 2025.
Biglari Holdings has reported Long-Term Investments for 11 years, with the latest figure at $114.2 million in Q1 2026.
- For the quarter ending Q1 2026, Long-Term Investments fell 32.49% year-over-year to $114.2 million; the trailing twelve-month figure through Mar 2026 stood at $114.2 million (down 32.49% YoY), and the FY2025 full-year result was $154.3 million, up 49.82% from the prior year.
- Long-Term Investments for Q1 2026 stood at $114.2 million, down from $154.3 million in the prior quarter.
- The five-year high for Long-Term Investments was $242.4 million in Q1 2022, with the low at $69.5 million in Q4 2022.
- Average Long-Term Investments over 5 years is $153.1 million, with a median of $158.7 million recorded in 2024.
- Year-over-year, Long-Term Investments tumbled 74.36% in 2022 and jumped 186.62% in 2023.
- Tracing BH's Long-Term Investments over 5 years: stood at $69.5 million in 2022, then jumped by 186.62% to $199.1 million in 2023, then plunged by 48.28% to $103.0 million in 2024, then jumped by 49.82% to $154.3 million in 2025, then fell by 25.98% to $114.2 million in 2026.
- The last three Long-Term Investments figures came in at $114.2 million (Q1 2026), $154.3 million (Q4 2025), and $179.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 110.27 Bn | 108.58 Bn | 9.40 Bn | 306.30 Mn |
| 2 | Yum Brands | 40.90 Bn | 40.21 Bn | 1.38 Bn | - |
| 3 | Chipotle Mexican Grill | 39.62 Bn | 38.75 Bn | 2.61 Bn | 96.40 Mn |
| 4 | Restaurant Brands International | 25.25 Bn | 25.79 Bn | 2.14 Bn | - |
| 5 | Darden Restaurants | 23.41 Bn | 23.17 Bn | 3.31 Bn | - |
| 6 | Yum China Holdings | 15.07 Bn | 13.64 Bn | 3.24 Bn | 398.00 Mn |
| 7 | Texas Roadhouse | 11.59 Bn | 11.39 Bn | 1.40 Bn | 136.19 Mn |
| 8 | Dominos Pizza | 10.51 Bn | 10.27 Bn | 464.51 Mn | 30.08 Mn |
| 9 | Cava | 8.67 Bn | 8.28 Bn | 797.57 Mn | - |
| 10 | Biglari Holdings | 616.65 Mn | 416.58 Mn | 60.02 Mn | 114.19 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 114.19 Mn |
| Dec 31, 2025 | 154.28 Mn |
| Sep 30, 2025 | 179.16 Mn |
| Jun 30, 2025 | 202.89 Mn |
| Mar 31, 2025 | 169.14 Mn |
| Dec 31, 2024 | 102.98 Mn |
| Sep 30, 2024 | 201.59 Mn |
| Jun 30, 2024 | 158.73 Mn |
| Mar 31, 2024 | 97.73 Mn |
| Dec 31, 2023 | 199.10 Mn |
| Sep 30, 2023 | 169.42 Mn |
| Jun 30, 2023 | 88.26 Mn |
| Mar 31, 2023 | 230.84 Mn |
| Dec 31, 2022 | 69.47 Mn |
| Sep 30, 2022 | 70.03 Mn |
| Jun 30, 2022 | 151.75 Mn |
| Mar 31, 2022 | 242.37 Mn |
| Dec 31, 2021 | 250.40 Mn |
| Sep 30, 2021 | 273.09 Mn |
| Jun 30, 2021 | 311.88 Mn |
| Mar 31, 2021 | 99.43 Mn |
| Dec 31, 2020 | 94.86 Mn |
| Sep 30, 2020 | 85.08 Mn |
| Jun 30, 2020 | 369.13 Mn |
| Mar 31, 2020 | 81.25 Mn |
| Dec 31, 2019 | 44.86 Mn |
| Sep 30, 2019 | 43.77 Mn |
| Jun 30, 2019 | 622.07 Mn |
| Mar 31, 2019 | 196.68 Mn |
| Dec 31, 2018 | 715.10 Mn |
| Sep 30, 2018 | 250.00 Mn |
| Jun 30, 2018 | 534.79 Mn |
| Mar 31, 2018 | 372.29 Mn |
| Dec 31, 2017 | 359.26 Mn |
| Sep 30, 2017 | 280.66 Mn |
| Jun 30, 2017 | 922.02 Mn |
| Mar 31, 2017 | 546.17 Mn |
| Dec 31, 2016 | 577.64 Mn |