Biglari Holdings (BH) Return on Capital Employed (2018 - 2026)
Biglari Holdings' quarterly Return on Capital Employed came in at 4.71% in Q1 2026, up 1106.0% year-on-year from 0.39% in Q1 2025, and down 53.62% quarter-over-quarter from 3.07% in Q4 2025.
Biglari Holdings has reported Return on Capital Employed for 9 years, with the latest figure at 4.71% in Q1 2026.
- For the quarter ending Q1 2026, Return on Capital Employed rose 1106.0% year-over-year to 4.71%; the trailing twelve-month figure through Mar 2026 stood at 4.71% (up 1106.0% YoY), and the FY2025 full-year result was 0.79%, up 2431.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 4.71%, down from 3.07% in the prior quarter.
- The five-year high for Return on Capital Employed was 17.78% in Q4 2022, with the low at 25.52% in Q2 2022.
- Average Return on Capital Employed over 5 years is 7.18%, with a median of 6.86% recorded in 2024.
- Peak annual rise in Return on Capital Employed reached 4162 bps in 2022, while the deepest fall reached 5058 bps in 2022.
- Tracing BH's Return on Capital Employed over 5 years: stood at 17.78% in 2022, then slumped by 176 bps to 13.49% in 2023, then rose by 16 bps to 11.27% in 2024, then soared by 73 bps to 3.07% in 2025, then plunged 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 | 110.27 Bn | 108.58 Bn | 9.40 Bn | 14.71% |
| 2 | Yum Brands | 40.90 Bn | 40.21 Bn | 1.38 Bn | 52.50% |
| 3 | Chipotle Mexican Grill | 39.62 Bn | 38.75 Bn | 2.61 Bn | 24.19% |
| 4 | Restaurant Brands International | 25.25 Bn | 25.79 Bn | 2.14 Bn | 10.29% |
| 5 | Darden Restaurants | 23.41 Bn | 23.17 Bn | 3.31 Bn | 14.06% |
| 6 | Yum China Holdings | 15.07 Bn | 13.64 Bn | 3.24 Bn | 3.91% |
| 7 | Texas Roadhouse | 11.59 Bn | 11.39 Bn | 1.40 Bn | 17.54% |
| 8 | Dominos Pizza | 10.51 Bn | 10.27 Bn | 464.51 Mn | 81.97% |
| 9 | Cava | 8.67 Bn | 8.28 Bn | 797.57 Mn | 4.69% |
| 10 | Biglari Holdings | 616.65 Mn | 416.58 Mn | 60.02 Mn | -4.71% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Mar 31, 2021 | 22.36% |
| Dec 31, 2020 | 25.67% |
| Sep 30, 2020 | -79.76% |
| Jun 30, 2020 | -41.13% |
| Mar 31, 2020 | -65.93% |
| Dec 31, 2019 | -64.17% |
| Sep 30, 2019 | -67.89% |
| Jun 30, 2019 | -96.45% |
| Mar 31, 2019 | -111.43% |
| Dec 31, 2018 | -117.70% |
| Sep 30, 2018 | 19.64% |
| Jun 30, 2018 | 0.17% |
| Mar 31, 2018 | -1.10% |