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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) Operating Margin (2017 - 2025)

Biglari Holdings (BH) has 9 years of Operating Margin data on record, last reported at 82.13% in Q4 2025.

  • For Q4 2025, Operating Margin rose 5654.0% year-over-year to 82.13%; the TTM value through Dec 2025 reached 36.06%, down 544.0%, while the annual FY2025 figure was 36.06%, 544.0% down from the prior year.
  • Operating Margin reached 82.13% in Q4 2025 per BH's latest filing, down from 3.62% in the prior quarter.
  • Across five years, Operating Margin topped out at 100.26% in Q4 2023 and bottomed at 138.67% in Q4 2024.
  • Average Operating Margin over 5 years is 10.86%, with a median of 0.03% recorded in 2024.
  • Peak YoY movement for Operating Margin: surged 20821bps in 2021, then tumbled -23893bps in 2024.
  • A 5-year view of Operating Margin shows it stood at 3.4% in 2021, then skyrocketed by 1774bps to 63.71% in 2022, then skyrocketed by 57bps to 100.26% in 2023, then tumbled by -238bps to 138.67% in 2024, then soared by 41bps to 82.13% in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Margin were 82.13% in Q4 2025, 3.62% in Q3 2025, and 36.14% in Q2 2025.