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

Biglari Holdings (BH) recorded quarterly Tax Rate of 23.04% in Q1 2026, up 3.91% quarter-over-quarter from 22.18% in Q4 2025, and up 384.0% on a YoY basis from 4.76% in Q1 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.

  • In Q1 2026, Tax Rate rose 384.0% year-over-year to 23.04%; the TTM figure through Mar 2026 stood at 26.18% (up 189.0% YoY), while the FY2025 annual figure was 21.39%, down 3251.0% from the prior year.
  • Tax Rate was 23.04% for Q1 2026 at Biglari Holdings, up from 22.18% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 42.8% in Q4 2024 to a low of 11.94% in Q4 2023.
  • Historically, Tax Rate has averaged 25.24% across 5 years, with a median of 23.19% in 2024.
  • The sharpest annual moves came in 2022 and 2024: Tax Rate sank 2882 bps in 2022, then jumped 3086 bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 20.82% in 2022, then slumped by 43 bps to 11.94% in 2023, then jumped by 258 bps to 42.8% in 2024, then sank by 48 bps to 22.18% in 2025, then advanced by 4 bps to 23.04% in 2026.
  • The last three Tax Rate figures came in at 23.04% (Q1 2026), 22.18% (Q4 2025), and 29.94% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Starbucks 114.58 Bn 112.88 Bn 9.40 Bn 29.84
2 Chipotle Mexican Grill 42.15 Bn 41.28 Bn 2.61 Bn 25.38
3 Yum Brands 42.13 Bn 41.44 Bn 1.38 Bn 16.28
4 Restaurant Brands International 25.46 Bn 25.99 Bn 2.14 Bn 7.87
5 Darden Restaurants 24.75 Bn 24.51 Bn 3.31 Bn 12.95
6 Yum China Holdings 15.17 Bn 13.74 Bn 3.24 Bn 27.21
7 Texas Roadhouse 11.72 Bn 11.53 Bn 1.40 Bn 14.31
8 Dominos Pizza 10.51 Bn 10.28 Bn 464.51 Mn 22.60
9 Cava 10.34 Bn 9.94 Bn 797.57 Mn 19.05
10 Biglari Holdings 688.39 Mn 488.32 Mn 60.02 Mn 23.04

Historic Data

Download Data
DateValue
Mar 31, 2026 23.04%
Mar 31, 2026 23.04%
Dec 31, 2025 22.18%
Dec 31, 2025 22.18%
Sep 30, 2025 29.94%
Sep 30, 2025 29.94%
Jun 30, 2025 21.77%
Jun 30, 2025 21.77%
Mar 31, 2025 19.20%
Mar 31, 2025 19.20%
Dec 31, 2024 42.80%
Dec 31, 2024 42.80%
Sep 30, 2024 25.85%
Sep 30, 2024 25.85%
Jun 30, 2024 23.40%
Jun 30, 2024 23.40%
Mar 31, 2024 23.19%
Mar 31, 2024 23.19%
Dec 31, 2023 11.94%
Dec 31, 2023 11.94%