Biglari Holdings (BH) Tax Rate (2017 - 2026)

Biglari Holdings' (BH) quarterly Tax Rate came in at 23.04% in Q1 2026, up 384.0% year-on-year from 4.76% in Q1 2025, and up 3.91% quarter-over-quarter from 22.18% in Q4 2025.

Biglari Holdings (BH) Tax Rate (2017 - 2026) Analysis & Trends

Biglari Holdings' Tax Rate history runs 10 years deep, the most recent figure standing at 23.04% for Q1 2026.

  • On a quarterly basis, Tax Rate rose 384.0% year-over-year to 23.04% in Q1 2026; TTM through Mar 2026 was 26.18%, a 189.0% increase from a year earlier, with the FY2025 full-year figure at 21.39%, down 3251.0% from the prior year.
  • Tax Rate grew to 23.04% in Q1 2026 per BH's latest filing, from 22.18% in the prior quarter.
  • Across five years, Tax Rate topped out at 42.8% in Q4 2024 and bottomed at 11.94% in Q4 2023.
  • The 5-year median for Tax Rate is 23.19% (2024), against an average of 25.24%.
  • Across the five-year window, Tax Rate sank 2882 bps in 2022 and soared 3086 bps in 2024, its largest moves.
  • Year by year, Tax Rate stood at 20.82% in 2022, then plunged by 43 bps to 11.94% in 2023, then jumped by 258 bps to 42.8% in 2024, then tumbled by 48 bps to 22.18% in 2025, then advanced by 4 bps to 23.04% in 2026.
  • Per Business Quant, the three latest BH Tax Rate figures stand at 23.04% (Q1 2026), 22.18% (Q4 2025), and 29.94% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Starbucks 117.61 Bn 115.91 Bn 6.32 Bn 29.84%
2 Chipotle Mexican Grill 41.20 Bn 40.33 Bn 2.61 Bn 25.38%
3 Yum Brands 40.68 Bn 39.99 Bn 1.38 Bn 16.28%
4 Restaurant Brands International 25.13 Bn 25.66 Bn 2.14 Bn 7.87%
5 Darden Restaurants 22.23 Bn 21.99 Bn 3.68 Bn 12.41%
6 Yum China Holdings 15.22 Bn 14.47 Bn 2.31 Bn 27.21%
7 Texas Roadhouse 12.56 Bn 12.37 Bn 1.40 Bn 14.31%
8 Dominos Pizza 10.74 Bn 10.60 Bn 478.23 Mn 22.53%
9 Dutch Bros 8.14 Bn 8.10 Bn 107.48 Mn 12.37%
10 Biglari Holdings 99.94 Mn -100.13 Mn 60.02 Mn 23.04%

Historic Data

Download Data
DateValue
Mar 31, 2026 23.04%
Mar 31, 2026 23.04%
Mar 31, 2026 23.04%
Dec 31, 2025 22.18%
Dec 31, 2025 22.18%
Dec 31, 2025 22.18%
Sep 30, 2025 29.94%
Sep 30, 2025 29.94%
Sep 30, 2025 29.94%
Jun 30, 2025 21.77%
Jun 30, 2025 21.77%
Jun 30, 2025 21.77%
Mar 31, 2025 19.20%
Mar 31, 2025 19.20%
Mar 31, 2025 19.20%
Dec 31, 2024 42.80%
Dec 31, 2024 42.80%
Dec 31, 2024 42.80%
Sep 30, 2024 25.85%
Sep 30, 2024 25.85%