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| Date | Value |
|---|---|
| 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% |