KPIs & Operating Metrics(New)
Growth Metrics

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

Biglari Holdings (BH) has 9 years of Net Margin data on record, last reported at 49.92% in Q4 2025.

  • For Q4 2025, Net Margin fell 3864.0% year-over-year to 49.92%; the TTM value through Dec 2025 reached 9.48%, down 845.0%, while the annual FY2025 figure was 9.48%, 845.0% down from the prior year.
  • Net Margin reached 49.92% in Q4 2025 per BH's latest filing, down from 5.3% in the prior quarter.
  • Across five years, Net Margin topped out at 76.05% in Q1 2021 and bottomed at 79.88% in Q2 2022.
  • Average Net Margin over 5 years is 0.68%, with a median of 2.61% recorded in 2022.
  • Peak YoY movement for Net Margin: skyrocketed 19685bps in 2021, then plummeted -9696bps in 2023.
  • A 5-year view of Net Margin shows it stood at 4.87% in 2021, then soared by 303bps to 9.89% in 2022, then soared by 398bps to 49.24% in 2023, then plummeted by -123bps to 11.27% in 2024, then crashed by -343bps to 49.92% in 2025.
  • Per Business Quant database, its latest 3 readings for Net Margin were 49.92% in Q4 2025, 5.3% in Q3 2025, and 50.62% in Q2 2025.