Biglari Holdings (BH) Return on Capital Employed (2018 - 2026)

Biglari Holdings (BH) recorded quarterly Return on Capital Employed of 4.71% in Q1 2026, down 53.62% quarter-over-quarter from 3.07% in Q4 2025, and up 1106.0% on a YoY basis from 0.39% in Q1 2025.

Biglari Holdings (BH) Return on Capital Employed (2018 - 2026) Analysis & Trends

Biglari Holdings' Return on Capital Employed history runs 9 years deep, the most recent figure standing at 4.71% for Q1 2026.

  • In Q1 2026, Return on Capital Employed rose 1106.0% year-over-year to 4.71%; the TTM figure through Mar 2026 stood at 4.71% (up 1106.0% YoY), while the FY2025 annual figure was 0.79%, up 2431.0% from the prior year.
  • Return on Capital Employed was 4.71% for Q1 2026 at Biglari Holdings, down from 3.07% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 17.78% in Q4 2022 to a low of 25.52% in Q2 2022.
  • Historically, Return on Capital Employed has averaged 7.18% across 5 years, with a median of 6.86% in 2024.
  • Biggest YoY gain for Return on Capital Employed was 4162 bps in 2022; the steepest drop was 5058 bps in 2022.
  • A 5-year view of Return on Capital Employed shows it stood at 17.78% in 2022, then tumbled by 176 bps to 13.49% in 2023, then increased by 16 bps to 11.27% in 2024, then surged by 73 bps to 3.07% in 2025, then sank by 54 bps to 4.71% in 2026.
  • The last three Return on Capital Employed figures came in at 4.71% (Q1 2026), 3.07% (Q4 2025), and 6.69% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Starbucks 114.58 Bn 112.88 Bn 9.40 Bn 14.71%
2 Chipotle Mexican Grill 42.15 Bn 41.28 Bn 2.61 Bn 24.19%
3 Yum Brands 42.13 Bn 41.44 Bn 1.38 Bn 52.50%
4 Restaurant Brands International 25.46 Bn 25.99 Bn 2.14 Bn 10.29%
5 Darden Restaurants 24.75 Bn 24.51 Bn 3.31 Bn 14.06%
6 Yum China Holdings 15.17 Bn 13.74 Bn 3.24 Bn 3.91%
7 Texas Roadhouse 11.72 Bn 11.53 Bn 1.40 Bn 17.54%
8 Dominos Pizza 10.51 Bn 10.28 Bn 464.51 Mn 81.97%
9 Cava 10.34 Bn 9.94 Bn 797.57 Mn 4.69%
10 Biglari Holdings 688.39 Mn 488.32 Mn 60.02 Mn -4.71%

Historic Data

Download Data
DateValue
Mar 31, 2026 -4.71%
Dec 31, 2025 -3.07%
Sep 30, 2025 -6.69%
Jun 30, 2025 -12.77%
Mar 31, 2025 -15.76%
Dec 31, 2024 -11.27%
Sep 30, 2024 -6.86%
Jun 30, 2024 -4.49%
Mar 31, 2024 -8.03%
Dec 31, 2023 -13.49%
Sep 30, 2023 4.15%
Jun 30, 2023 7.08%
Mar 31, 2023 11.52%
Dec 31, 2022 17.78%
Sep 30, 2022 -24.76%
Jun 30, 2022 -25.52%
Mar 31, 2022 -25.25%
Dec 31, 2021 -23.84%
Sep 30, 2021 25.82%
Jun 30, 2021 24.93%