KPIs & Operating Metrics(New)
Growth Metrics

Biglari Holdings (BH) Return on Invested Capital (2017 - 2025)

Biglari Holdings has reported Return on Invested Capital over the past 9 years, most recently at 0.01% for Q4 2025.

  • Quarterly results put Return on Invested Capital at 0.01% for Q4 2025, up 14.0% from a year ago — trailing twelve months through Dec 2025 was 0.01% (up 14.0% YoY), and the annual figure for FY2025 was 0.01%, up 10.0%.
  • Return on Invested Capital for Q4 2025 was 0.01% at Biglari Holdings, down from 0.26% in the prior quarter.
  • Over the last five years, Return on Invested Capital for BH hit a ceiling of 0.26% in Q3 2025 and a floor of 0.36% in Q1 2024.
  • Median Return on Invested Capital over the past 5 years was 0.06% (2022), compared with a mean of 0.06%.
  • Biggest five-year swings in Return on Invested Capital: plummeted -35bps in 2024 and later soared 50bps in 2025.
  • Biglari Holdings' Return on Invested Capital stood at 0.19% in 2021, then tumbled by -132bps to 0.06% in 2022, then crashed by -204bps to 0.19% in 2023, then rose by 27bps to 0.14% in 2024, then soared by 106bps to 0.01% in 2025.
  • The last three reported values for Return on Invested Capital were 0.01% (Q4 2025), 0.26% (Q3 2025), and 0.17% (Q2 2025) per Business Quant data.